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LAST week, one major Dow Jones Industrial Average constituent and another former big name of the 30-stock index announced plans to split their companies in a move to create value for their respective business units
KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) clawed back some losses from Monday’s knee-jerk fall on the prosperity tax with banking heavyweights making up lost ground yesterday.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has extended some RM20bil worth of repayment assistance as at Sept 30 to over 26,000 small-and-medium enterprises (SME) loan/financing accounts.
KUALA LUMPUR: Bank Negara Malaysia and the Bank of Thailand (BOT) have further expanded the ringgit-baht settlement framework from Dec 1, 2021.
SINGAPORE -- Southeast Asia's largest banks are rushing to finance building projects tied to sustainability, even as the world's most indebted propert