News

MOST major banks have only one mandate – to achieve price stability so that economic growth can be achieved, and financial stability is contained. Read full story

MOSCOW: Russia’s central bank unexpectedly cut its key interest rate, the most in nearly two decades, offering relief to the recession-bound economy in a sign of confidence it can start to reverse some of the steep monetary tightening delivered after the invasion of Ukraine. Read full story

Since the onset of the Covid-19 pandemic, more people are longing for work-life balance. Read full story

Unsold residential units at the highest since 2018. Read full story

MORE restructuring of highway operators is likely following the proposed takeover of four highway concessionaires linked to Gamuda Bhd by Amanat Lebuhraya Rakyat Bhd (ALR). Read full story

The government is giving the takeover of four highways its seal of approval with changes made to the terms of the deal. Read full story

WHEN we discuss technology in business, “fintech”, short for financial technology, is one that is in vogue today. Every country in the world aspiring to push its economy forward is seeking to embrace fintech in as many aspects as possible. Read full story

THE year 2021 was a banner year for sustainable finance, with the creation of the Glasgow Financial Alliance for Net Zero (GFANZ) managing over US$140 trillion (RM590.65 trillion) in assets; sustainability bond issuance up to US$1 trillion (RM4.22 trillion) and record inflows of more than US$120bil (RM506.27bil) to environmental, social and governance (ESG) targetted funds. […]

IN 2009, the government spent about RM23.5bil on fuel and energy subsidies. Read full story

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a volatile mode next week as investors take directions from the World Agricultural Supply and Demand Estimates (WASDE) and Malaysian Palm Oil Board (MPOB) reports. Read full story