Tag: US
Malaysian banks rating intact despite US bank failures – RAM Ratings
The bankruptcy of the Silicon Valley Bank (SVB) and two other smaller banks last week has little bearing on the ratings of Malaysian institutions,...
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil persists
Days after its former subsidiary Silicon Valley Bank (SVB) was taken over by US regulators. SVB Financial Group announced on Friday that it had...
Silicon Valley Bank SVB run exposes rifts in venture capital world
SAN FRANCISCO: The failure of Silicon Valley Bank (SVB) has exposed differences within the typically close-knit venture capital (VC) industry. With some investors blaming...
US banks warn of recession amid rising inflation
According to CEOs, the largest US banks are preparing for a poorer economy next year as inflation threatens consumer demand.
Jamie Dimon, the chief executive...
WTO warns of ‘real’ recession risk in some major economies
Indonesia's NUSA DUA: The crisis in Ukraine, rising food and gasoline prices, and surging inflation have all contributed to a cloudy view of the...
Brunei gets top ranking for business regulation from top international economic freedom survey
BANDAR SERI BEGAWAN: Brunei has performed very well in regulation and secured second ranking globally. According to the Canadian conservative think tank, Fraser Institute’s...
Asian stock markets mixed ahead of latest US jobs reading
Asian stock markets were mixed ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging...
Standard Chartered Malaysia Launches SmartStocks
KUALA LUMPUR: Standard Chartered Malaysia has launched SmartStocks, a one-stop online share trading platform. Bringing clients the convenience of trading on 12 exchanges across...
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022 period
KUALA LUMPUR: Malaysia has attracted RM123.3 billion (US$28.0 billion) worth of approved investments in the manufacturing, services, and primary sectors involving 1,714 projects from...
Arizona Gov. Ducey hails Taiwan semiconductor investment
TAIPEI, Taiwan: Arizona Gov. Doug Ducey on Thursday hailed economic and educational cooperation with Taiwan. Marked by a $12 billion investment in his state...
