1MDB discussed with Fitch prior to rating upgrade
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) had conversations with Fitch Ratings in advance of the credit rating upgrade on Malaysia…
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AEC to help narrow development gap among Asean nations
KUALA LUMPUR: The formation of the Asean Economic Community (AEC), is expected to spur economic growth and enhance the well-being…
‘Market may have moved beyond inflexion point’
KUCHING: The market initial reaction to the upgrade in sovereign credit outlook seems strong and determined that the FBM KLCI…
OCBC Bank signs MoUs with 10 Myanmar banks
KUALA LUMPUR: OCBC Bank yesterday signed memorandum of understandings (MOUs) with 10 Myanmar banks in conjunction with the official opening…
Online hiring activity in Malaysia stagnates on inactive job market
KUCHING: Online hiring activity in Malaysia has stagnated, as the Monster Employment Index (MEI), a gauge of online job posting…
ECB will not increase liquidity lifeline to Greek banks
ATHENS: The European Central Bank’s governing council decided not to increase the liquidity lifeline to cash-strapped Greek banks, a Greek…
US probes airlines for ‘unlawful coordination’
WASHINGTON: The US Justice Department said it is investigating some airlines over ‘possible unlawful coordination.’ There was no mention of…
India’s US$100 billion solar push draws foreign firms
NEW DELHI/MUMBAI: India’s US$100 billion push into solar energy over the next decade will be driven by foreign players as…