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Fed Chairman Warsh faces cruel summer as bond yields spike

FEDERAL Reserve Chairman Kevin Warsh wanted a central bank that talked less and let the data speak. Now, markets are speaking for him - loudly.

CIMB supports Malaysia's US$1.5bil global sukuk issuance

KUALA LUMPUR: CIMB Group Holdings Bhd acted as the sole Malaysian joint lead manager and joint bookrunner for the Government's US$1.5bil global sukuk issuance.

Maybank named world’s best bank for corporate responsibility

Malayan Banking Bhd (Maybank) has been named the World's Best Bank for Corporate Responsibility at the Euromoney Awards for Excellence 2026.

MBSB Group divests 100% stake in Midf Amanah Asset Management

KUALA LUMPUR: MBSB Bhd via its wholly owned subsidiary Malaysian Industrial Development Finance Bhd has divested its 100 per cent equity interest in MIDF Amanah Asset Management Bhd (MAAM) to Tortoise Works Sdn Bhd.

Maybank named world's best bank for corporate responsibility by Euromoney

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has been named the World's Best Bank for Corporate Responsibility at the Euromoney Awards for Excellence 2026, marking the group's first global recognition in the category and making it one of only two Asia-headquartered banks to receive a global award this year.

Maybank, CGIF ink MOU to strengthen Asean+3 local currency capital markets

KUALA LUMPUR: Maybank and Credit Guarantee and Investment Facility (CGIF) have signed a memorandum of understanding (MoU) to strengthen and deepen local currency capital markets in ASEAN+3 markets (Southeast Asia, China, Japan and South Korea).

Seoul ponders regulation on how long bank chiefs can stay

South Korea's financial authorities are considering capping financial holding company chairs at two three-year terms, a governance overhaul that could reshape leadership succession at the country's biggest banking groups and reignite debate over regulators' role in corporate governance.

Bank Negara's international reserves ease to US$131.8bil as at July 15

KUALA LUMPUR: Bank Negara Malaysia's international reserves fell to US$131.8bil as at July 15 compared with US$132.6bil as at June 30.

Indonesia central bank keeps rates unchanged, defying hike expectations

JAKARTA: Indonesia's central bank kept policy rates unchanged on Wednesday, defying market expectations of another rate hike following back-to-back increases aimed at shoring up the rupiah currency.

OCBC Malaysia named FinanceAsia's Best SME Bank for third consecutive year

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Malaysia) was named Best Bank for small and medium-sized enterprises (SMEs) in the Malaysia international category at the FinanceAsia Awards 2026, marking its third consecutive win.