Big banks see the need to shrink – but face a path full of obstacles
NEW YORK/LONDON: When the US Federal Reserve’s newest policymaker Neel Kashkari dropped a bombshell with a call to break up…
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Police arrest five after raid at China bank ICBC’s Madrid office
MADRID/SHANGHAI: Spanish police have arrested five directors of Industrial and Commercial Bank of China (ICBC) after they raided the lender’s…
No need for further budget recalibration at the moment, says Najib
SAN FRANCISCO: There is no need for further recalibration of the 2016 Budget at the moment as crude oil prices…
Teraju’s networking session extends its arms to Kuching
KUCHING: Unit Peneraju Agenda Bumiputera (Teraju) continues to empower and boost opportunities for High Performing Bumiputera Companies (TeraS) through its…
Economy to face challenging operating environment — BNM
KUALA LUMPUR: The Malaysian economy which recorded growth of 5.0 per cent in 2015, is expected to face a challenging…
Najib promises US businessmen stability, certainty
SAN FRANCISCO: As Prime Minister Datuk Seri Najib Tun Razak rolled a red carpet for American businessmen, he promised stability…
Ringgit appreciates 3.6 pct in 4Q15 despite tough environment
KUALA LUMPUR: The ringgit appreciated 3.6 per cent against the US dollar during the fourth quarter (Q4) of 2015 and…
MAHB’s FY15 results garner mixed views, improvement ahead
KUCHING: Malaysia Airports Holdings Bhd’s (MAHB) financial year 2015 (FY15) has garnered mixed views from analysts, either coming in line…