The Employees Provident Fund (EPF) is looking into restructuring the account of its members to introduce a new mechanism for saving and withdrawal, and to align the withdrawal age of its members with their minimum retirement age.

EPF looking into restructuring its members’ account and more

KUALA LUMPUR (Oct 9): Malaysians are set to officially welcome its fifth digital asset exchange (DAX) or cryptocurrency trading platform in the first quarter of 2024.

Ex-Luno general manager to launch new digital asset exchange

KUALA LUMPUR (March 7): Women in Asia are taking the reins in building their financial security though investing, and thus challenging the view that Asia compared to the West is still a patriarchal society.

Rising number of women investors can reshape economies

Betamek Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its initial public offering (IPO) exercise on the ACE Market of Bursa Malaysia Securities Bhd.

ACE Market-bound Betamek inks underwriting deal with M&A Securities

MyCIF co-invested RM357 mil in 2,279 MSMEs via ECF and P2P platforms

KUALA LUMPUR (Aug 22): A new ESG-themed (environmental, social and governance) fund has entered the market for investors who want to participate in the sustainable investing trend.

New ESG-themed fund launched

The combined wealth of tycoons on the 2022 Forbes list of Malaysia’s 50 richest fell 10% from a year ago to US$80.5 billion (about RM353.92 billion).

Wealth of Malaysia’s 50 richest has fallen 10% y-o-y, says Forbes  

The US Federal Reserve’s monetary policy tightening cycle is likely to be short and sharp, with two 50-basis-point hikes taking place in June and July. This will take the federal funds rate (FFR) towards 1.75% by end-July, with further hikes remaining on balance as the US Fed takes a pause-and-wait approach.

How much higher will the US dollar go?

KUALA LUMPUR (May 24): For every new billionaire created during the pandemic — one every 30 hours — nearly a million people could be pushed into extreme poverty in 2022 at nearly the same rate.

In a report titled “Profiting from Pain” published on Monday (May 23), Oxfam International sa...

Pandemic created new billionaire every 30 hours, now millions could fall into poverty, says Oxfam

Land & General Bhd (L&G) on Monday (April 25) launched an easy home ownership campaign with Affin Bank Bhd for its ongoing projects, namely Astoria Ampang in Jalan Ampang and Damansara Seresta in Bandar Sri Damansara, Kuala Lumpur, as well as Sena Parc in Senawang, Negeri Sembilan.

L&G and Affin launch easy home ownership campaign

Mark Zuckerberg became US$31 billion (about RM129.66 billion) poorer on Thursday (Feb 3) as Meta Platforms Inc's one-day stock crash now ranks as the worst in stock-market history.

Zuckerberg’s net worth dropped to US$89.6 billion after losing some US$35.9 billion year-to-date (YTD), according to the Bloomberg Billionaires Index.

Zuckerberg US$31 billion poorer after Meta meltdown

Elon Musk and Jeff Bezos collectively crossed the half trillion dollar threshold in their personal wealth, amassing a total US$501 billion on the Bloomberg Billionaires Index.

Elon Musk — who is SpaceX CEO and chief engineer, and Tesla Inc's early stage investor, CEO, and product architect — consolidated his pole position on the index with a fortune of US$302 billion.

Musk and Bezos worth half a trillion dollars, Teh Hong Piow slips further

Banks are seen by managers across most Asia ex-Japan markets, except Taiwan, as the most effective channel to promote retirement products to retail investors aged 60 and above, as well as to younger investors in certain markets.

Banks seen as key partners in promoting retirement products in Asia, says Cerulli

Analysts at Morgan Stanley forecast that Elon Musk, who is now the world’s richest individual with an estimated wealth of US$242 billion, to become the first trillionaire from his space exploration business SpaceX.

SpaceX could propel Elon Musk as world’s first trillionaire, says Morgan Stanley

SEPANG (April 27): Maldives President Dr Mohamed Muizzu has arrived in Malaysia for a four-day official visit to the country.

Maldives President Mohamed Muizzu arrives in Malaysia for official visit

(April 27): India said it test-fired missiles, showcasing its capability to hit distant targets, amid growing tension with Pakistan.

India test-fires missiles as tension with Pakistan escalates

WASHINGTON/TOKYO/BRUSSELS (April 27): He has launched an unprecedented global tariff war and slashed US foreign aid. He has disparaged Nato allies and embraced Russia's narrative about its invasion of Ukraine. And he has spoken about annexing Greenland, retaking the Panama Canal, and making Canada the 51st state of the United States.

Trump's first 100 days: America First president is overturning world order 

SEOUL (April 27): South Korea's main opposition Democratic Party of Korea on Sunday named Lee Jae-myung, the party's ex-leader, as its candidate for the snap presidential election slated for June 3.

Lee Jae-myung, frontrunner for South Korea president, wins party primary

(April 26): Saudi Arabia's non-oil exports reached an all-time high of 515 billion riyals (US$137.29 billion, or RM600 billion) in 2024, the state news agency said on Saturday, as the kingdom continues its push to diversify its economy away from oil dependence.

Saudi Arabia reports record non-oil exports of US$137b in 2024

SEPANG (April 27): The Selangor government has disbursed three months’ worth of rental assistance to 70 victims affected by the recent gas pipeline fire in Putra Heights, Subang Jaya.

70 Putra Heights fire victims receive three months’ rental assistance

Malaysian ministers Azalina, Ewon attend Pope Francis’ funeral

(April 27): The Australian Stock Exchange (ASX) will review requirements for shareholder approvals in mergers and acquisitions, following James Hardie Industries Plc’s A$14 billion (US$9 billion, or RM39.36 billion) deal in March to take over AZEK Co.

ASX to review listing, waiver rules after James Hardie deal

(April 27): China has claimed sovereignty over an uninhabited reef in the South China Sea, according to state media, setting the stage for an escalation of tensions with the Philippines over the disputed area.

China claims sovereignty over disputed reef in South China Sea

SRINAGAR/ISLAMABAD (April 26): Pakistan called on Saturday for a "neutral" investigation into the killings of mostly Indian tourists in Kashmir that New Delhi has blamed on Islamabad, saying it was willing to cooperate and favoured peace.

Pakistan calls for neutral probe into Kashmir attack India blames it for

NEWCASTLE (April 27): Tenaga Nasional Bhd (TNB) (KL:TENAGA) has shown its ability to develop and enhance its overseas energy capabilities and investments continuously, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

TNB has shown ability to enhance overseas energy capabilities, investments — Fadillah

KUALA LUMPUR (April 26): Prime Minister Datuk Seri Anwar Ibrahim has extended his congratulations to Barisan Nasional (BN) candidate Dr Mohamad Yusri Bakir on his victory in the Ayer Kuning state by-election.

PM congratulates Ustaz Yusri for winning Ayer Kuning polls

WASHINGTON/TOKYO/BRUSSELS (April 27): He has launched an unprecedented global tariff war and slashed US foreign aid. He has disparaged Nato allies and embraced Russia's narrative about its invasion of Ukraine. And he has spoken about annexing Greenland, retaking the Panama Canal, and making Canada the 51st state of the United States.

(April 26): Saudi Arabia's non-oil exports reached an all-time high of 515 billion riyals (US$137.29 billion, or RM600 billion) in 2024, the state news agency said on Saturday, as the kingdom continues its push to diversify its economy away from oil dependence.

KUALA LUMPUR (April 27): The Federal Court will decide on Monday (April 28) on the Attorney-General's (AG) leave application to appeal against the existence of an additional document in the case involving former prime minister Datuk Seri Najib Tun Razak.

Apex court to decide tomorrow on AG’s leave application over Najib’s additional document

WASHINGTON (April 26): US&nbsp;President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free of charge.

Trump says US ships should be allowed to travel through the Panama and Suez canals for free

BENGALURU (April 27): Chinese social media platform TikTok will enter the online shopping industry in Japan within the next few months, the Nikkei newspaper reported on Sunday.

TikTok to enter Japan's e-commerce industry, Nikkei reports

MUSCAT (April 26): Iran and the United States have agreed to continue nuclear talks next week, both sides said on Saturday, though Iranian Foreign Minister Abbas Araqchi voiced "extreme cautious" about the success of the negotiations to resolve a decades-long standoff.

Iran says 'extremely cautious' on success of nuclear talks with US next week

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(April 27):&nbsp;China has claimed sovereignty over an uninhabited reef in the South China Sea, according to state media, setting the stage for an escalation of tensions with the Philippines over the disputed area.&nbsp;

SEPANG (April 27): The Selangor government has disbursed three months’ worth of rental assistance to 70 victims affected by the recent gas pipeline fire in Putra Heights, Subang Jaya.

SEOUL (April 27): South Korea's main opposition Democratic Party of Korea on Sunday named Lee Jae-myung, the party's ex-leader, as its candidate for the snap presidential election slated for June 3.

KUALA LUMPUR (April 27): Malaysia will participate in the public hearings on the advisory opinion regarding Israel’s obligations concerning the Occupied Palestinian Territory at the International Court of Justice (ICJ) in The Hague, beginning Monday (April 28).

Malaysia to join ICJ advisory opinion proceedings in support of Palestine from Monday

SRINAGAR/ISLAMABAD (April 26): Pakistan called on Saturday for a "neutral" investigation into the killings of mostly Indian tourists in Kashmir that New Delhi has blamed on Islamabad, saying it was willing to cooperate and favoured peace.

(April 27):&nbsp;The Australian Stock Exchange (ASX) will review requirements for shareholder approvals in mergers and acquisitions, following James Hardie Industries Plc’s A$14 billion (US$9 billion, or RM39.36 billion)&nbsp;deal in March&nbsp;to take over AZEK Co.

With little economic or political rationale, US President Donald Trump has introduced some of the highest tariffs in more than a century, and imposed them on nearly every economy in the world. Then, suddenly, despite his insistence that the tariffs were here to stay, he paused the new “reciprocal...

Sinonomics: Will Trump Unite China and Europe?

(April 27): India said it test-fired missiles, showcasing its capability to hit distant targets, amid growing tension with Pakistan.

KUALA LUMPUR (April 27): His Majesty Sultan Ibrahim, King of Malaysia, on Sunday conveyed his greetings on the 91st anniversary of the Royal Malaysian Navy (RMN) to its personnel, veterans, and those who have served in the force.

King conveys 91st anniversary wishes to Royal Malaysian Navy

SEPANG (April 27): Maldives President Dr Mohamed Muizzu has arrived in Malaysia for a four-day official visit to the country.

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