Banking & Finance

Banking & Finance

481
Malaysia’s two largest banks have each announced interest in pursuing a merger with the 5th largest bank in the country, RHB Capital.  The potential...

441
In an effort to upend China’s 90% monopoly on the rare-earth mineral market, Malaysia is hoping to build a rare-earth mine in Pahang.  However,...

412
In a reflection of the unfortunate financial climate still plaguing many investment firms, Abu Dhabi company The National Investor has seen a 92% decrease...

378
In an effort to secure better trading terms and investment rates with Chinese suppliers and purchases, the Malaysian, HSBC Bank Malaysia Bhd's Director Trade...

357
As investors from the Middle East, and specifically Abu Dhabi and Dubai, look farther from their borders for international business opportunities, Brazil has become...

358
Abu Dhabi Commercial Bank is selling a 25% stake in Malaysian bank RHB Capital.  It is valued at about $1.6 billion.  They will announce...

285
Dubai’s largest bank has announced that it will be offering a debt swap to investors in an effort to bolster capital adequacy.  Emirates NBD...

359
Bloomberg Markets has released their latest data on the strongest banks in the world, and Singapore’s OCBC (Overseas-Chinese Banking Corp) leads the list.  The...

287
While delivering an address at the Oxford Centre for Islamic Studies in London, Malaysian Prime Minister Datuk Seri Najib Razak touted the benefits of...

271
IPIC (The International Petroleum Investment Company) revealed in recently disclosed financial statements that the Abu Dhabi government-backed corporation posted a 65% decrease in profits...

274
In order to protect he interests of investors, the Dubai government has taken over Dubai Bank from its parent company, Dubai Holdings.  It’s estimated...

309
Singapore is looking to overtake Hong Kong as the capital of international fund management.  With $1.1 trillion in assets, up 13% from last year,...

366
Next week’s roundtable meetings with the Prime Minister of Malaysia and several big-name US companies is expected to lead to the announcement of a...

348
Despite a 31.5% decrease in earnings over the first quarter of 2011, SingTel remains confident about its long-term investment in Indian telecom Bharti.  The...

280
In what is seen as a landmark victory against Wall Street Corruption, Raj Rajaratnam was found guilty yesterday on all counts of fraud and...

302
The United Arab Emirates seem to have benefitted from international turmoil in neighboring regions, and are touting their reputation as a so-called “Switzerland of...

374
After a bizarre series of events, Indonesian regulators have imposed serious sanctions on Citibank Indonesia.  They will be prevented from opening new branches for...

452
For a real estate developer such as Mohammad Alabbar, chairmain of Emaar, the Emirati company, there is no time to waste on such trivialities...