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Warren Buffett is right about crypto: Investment decisions shouldn’t turn on FOMO

BILLIONAIRE investors Warren Buffett and Charlie Munger have, again, ruffled feathers in the crypto fraternity with their recent criticism of bitcoin and other cryptocurrencies.

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Malaysia’s central bank surprises with interest rate hike of 25 points

Bank Negara Malaysia has decided to raise the overnight policy rate (OPR) by 25 basis points to 2 per cent, it announced at the end of its third monetary policy meeting of the year on Wednesday (May 11).

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Malaysia central bank’s surprise interest rate hike will dampen market sentiment: economists

MALAYSIA’s central bank made an unexpected move to raise its benchmark interest rate on Wednesday (May 11), which came as a surprise to economists who feel the move could hurt market sentiment and slow down the pace of economic recovery.

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Malaysia central bank’s surprise rate hike will dampen market sentiment: economists

MALAYSIA’s central bank made an unexpected move to raise its benchmark interest rate on Wednesday (May 11), which came as a surprise to economists who feel the move could hurt market sentiment and slow down the pace of economic recovery.

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SE Asia Islamic banking market set to see strong growth in next 3 years: S&P Global

THE Islamic banking market in South-east Asia is set to post a compound annual growth rate of 8 per cent over the next 3 years, said S&P Global Ratings.

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Malaysia’s central bank expected to maintain interest rate at historic low of 1.75%: analysts

Malaysia’s central bank is likely to maintain its historical low benchmark interest rate at the end of its third monetary policy meeting of the year on Wednesday (May 11) to support the country’s economic growth, analysts told The Business Times.

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Singapore Savings Bonds applications up 65% amid uncertainty, higher yields

DEMAND for Singapore Savings Bonds (SSBs) has risen to the highest it has been since July 2019, as yields continue on an upward trend.

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Temasek’s Azalea launches Astrea 7 PE-backed bonds; interest rates to be decided

AZALEA Asset Management, an indirect subsidiary of Temasek Holdings, is launching a new series of bonds back by 38 private equity (PE) funds.

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Briton charged with 2 more counts of abetting to falsify documents related to Wirecard scandal

JAMES Henry O’Sullivan, a 47-year old British national linked to the Wirecard scandal, has been charged with 2 more counts of abetting the falsification of documents.

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Axiata, YTL unlikely to see material contributions from digital banks in near term: Maybank

MALAYSIA telco Axiata Group and utilities provider YTL Power are unlikely to see material contributions from their digital banking units in the initial years, although their new digital bank licences should offer them another value creation avenue, Maybank said on Thursday (Apr 5).

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