Stock Market & Investment News
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Maybank Kim Eng now known as Maybank Investment Banking Group
KUALA LUMPUR: Maybank Kim Eng Group has planned to align its brand name and entity name to Maybank as the master brand, removing Kim Eng from the name and logo, and is now known as Maybank Investment Banking Group (Maybank IBG). Read full story
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Bank Negara has no immediate plan to issue central bank digital currency
KUALA LUMPUR: Bank Negara Malaysia (BNM) has no immediate plan to issue Central Bank Digital Currency (CBDC), Deputy Finance Minister II Yamani Hafez Musa said. Read full story
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TM, YTL first operators to join country's 5G network
KUALA LUMPUR: Telekom Malaysia Bhd (TM) and YTL Communications Sdn Bhd are the first companies that have joined Digital Nasional Berhad’s (DNB) 5G Radio Access Network (RAN). Read full story
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US to add 8 Chinese companies to investment blacklist
THE United States will add eight Chinese companies, including the world’s largest commercial drone manufacturer DJI Technology Co Ltd, to an investment blacklist this week, the Financial Times reported on Wednesday. Read full story
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China central bank partially rolls over medium-term loans to boost liquidity
SHANGHAI: China’s central bank partially rolled over maturing medium-term loans on Wednesday as it sought to boost liquidity, while market participants expected the central bank to implement more easing measures to help arrest the economic slowdown. Read full story
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Covid-19 relief measures help Serba Dinamik avoid PN17 status
KUALA LUMPUR: Serba Dinamik Holdings Bhd has triggered PN17 criteria but will not be classified as such following the COVID-19 relief measures. Read full story
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MPOA launches charter safeguarding workers' rights
KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) has launched its responsible employment charter to outline the commitment of its members to the responsible recruitment and treatment of their workers. Read full story
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Straits Energy Resources to collaborate with Fendercare Marine on STS services in Victoria Bay
KUALA LUMPUR: Straits Energy Resources Bhd’s unit Victoria STS (Labuan) Sdn Bhd has signed a heads of agreement with Fendercare Marine (Asia Pacific) Pte Ltd to collaborate on providing ship-to-ship (STS) services at the port limit of Victoria Bay in Labuan. Read full story
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Toyota says it will build record 800,000 vehicles in January
TOKYO: Toyota Motor Co said on Wednesday it planned to build 800,000 vehicles globally in January, a record for the month, as it ramps up production to make up for output lost to parts shortages. Read full story