Malaysia is hopeful the upgraded Asean Trade in Goods Agreement (ATIGA) will help to liberalise further the region’s financial services ...
Preparing Malaysia’s toolkit to weather Trump’s tariff storm
Malaysia should push out relief measures to mitigate possible fallout from Trump's tariffs even as trade talks continue Malaysia has made decent progress in the first 30 days of US President Donald ...
Saudi Arabia issues new sukuk worth $16bn
Saudi Arabia has repaid SAR60 billion ($16 billion) worth of Islamic bonds, or sukuk, maturing over the next five years and simultaneously issued new sukuk of the same value. The initiative aims to ...
Pakistan allocates 2 000-MW capacity to power bitcoin mining
Pakistan has allocated 2 000 megawatts of electricity in the first phase of a national push to support Bitcoin mining and AI data centers, as the country moves to legalise cryptocurrency and attract ...
Indonesia Eases Reserve Rules to Inject $4.8B Liquidity into Banks
Bank Indonesia will reduce its secondary reserve requirement from 5% to 4% starting in June, freeing up 78.45 trillion rupiah (approximately $4.84 billion) in liquidity for banks, a move aimed at ...
China pushes for more bank mergers to make financial sector shockproof
A system with more big banks and brokerages would help “shape China’s financial policies in the long period of economic transitions that lies ahead . . . and can help de-risking the system in the ...
China pushes for more bank mergers to make financial sector shockproof
A system with more big banks and brokerages would help “shape China’s financial policies in the long period of economic transitions that lies ahead . . . and can help de-risking the system in the ...
China’s central bank cranks up market liquidity to accelerate economic growth
The People's Bank of China (PBC), the country's central bank, on Monday continued to inject new liquidity into the financial system through open market operations, as the authorities step up policy ...
India’s central bank seeks approval for overseas rupee lending to neighbours, sources say
India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said.
Despite ceasefire, India and Pakistan are locked in a cultural cold war
After years of declining relations between Pakistan and India, and the latest round of violence, cultural exchanges between the countries have all but vanished.