Financial Services

Indonesia returning yacht at center of Malaysia graft probe

Aug 5, 2018

A police official says Indonesia is returning a luxury yacht allegedly bought with funds stolen from a Malaysian state investment company

Asian markets mixed ahead of Bank of Japan policy statement

Jul 31, 2018

Asian markets are mixed ahead of a key statement by the Bank of Japan, which could indicate a tightening of its monetary policy

Stocks mostly dip amid tech wobbles, ahead of central banks

Jul 30, 2018

World stocks are mostly lower after technology stocks took a hit last week and as investors monitor policy announcements of major central banks.

Asian stocks rise as solid US performance lifts spirits

Jul 18, 2018

Asian stocks rise as Fed comments, solid US performance lifts spirits

World markets turn lower ahead of comments by Fed chair

Jul 17, 2018

World stock markets are mostly lower as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates.

Malaysia names new central bank governor

Jun 22, 2018

Malaysia has named an experienced former central bank official, Nor Shamsiah Mohamad Yunus, as the new central bank governor

Malaysia's central bank governor quits amid land deal furor

Jun 6, 2018

Malaysia's central bank governor has become the latest senior official to resign just a month after national elections amid a corruption probe of the former government that appointed them.

Indonesia faces challenge to seizure of yacht wanted by US

Mar 19, 2018

Indonesian police say a luxury yacht seized as part of a U.S. probe into the alleged multibillion-dollar theft of funds from a Malaysian state investment company has not been handed over to the U.S. because of a legal challenge from its owner

Southeast Asian ride-hailing app Grab expands into lending

Mar 13, 2018

Southeast Asian ride hailing app Grab said it is expanding into financial services in partnership with a Japanese credit card company, hoping to offer credit to millions of people without bank accounts

Malaysia raises interest rate for first time in 4 years

Jan 25, 2018

Malaysia's central bank has raised its key interest rate for the first time in four years ahead of general elections due by August

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