Business_Finance

KUALA LUMPUR: Malaysia’s plans to liberalise its banking system will boost interest from Middle Eastern financial institutions looking to invest in overseas markets, according...

Glencore, the world’s largest commodities trader, recently announced a flotation valued at $11 billion.  Now, Aabar (owned by Abu Dhabi’s International Petroleum Investment Company)...

Nakheel, the master developer that is a subsidiary of Dubai World, is facing charges that it did not complete its promises to Sao Paulo...

Last year’s visit by Malaysia’s Deputy Prime Minister to Indonesia was in hopes of recruiting corporate investments in Malaysia by Indonesian businesses.  Now, four...

Qatar’s sovereign property developer, Qatari Diar, will finalize the purchase of the famous Singapore establishment Raffles Hotel. Joseph Conrad, Rudyard Kipling, W. Somerset Maugham,...

The largest commodities trader in the world, Glencore, has announced that it values its impending flotation at about $61 billion.  Shares will be offered...

Recent analysis by a group of 19 international experts suggests that Chinese inflation will slow slightly this year as compared to the last, but...

During this week’s annual meeting of the Asia Development Bank, Asia was urged to examine its economic instabilities if it wants to achieve viability...

While falling a bit short of government targets for annual growth, industrial, retail, tourism, and oil production have all led to noticeable growth in...

Toby O’Connor has been named the CEO of DBS Group’s Islamic banking branch, Islamic Bank of Asia (IB Asia). After a period that has...

Corporate, consumer, and SME & commercial lending by Bank Internasional Indonesia Tbk led the Malaysian backed company (Maybank ) to post record growth at...

The Malaysian Deputy Finance Minister is crying foul over his country’s banks “inadequacies” over the lending of monies earmarked for green technology projects. Datuk...

In its quest to expand in the Islamic bank industry, Bahraini lender Al Baraka has announced plans to purchase an Indonesian bank at some...

Keeping in tune of their latest expansion ventures, it appears Qatar Airways is interested in acquiring a stake in Cargolux, the largest cargo carrier...

A new deal between US corporation General Electric and the Saudi Electric Company is expected to bring 100 jobs and 1,680 megawatts of power...

Qatar or Jeddah, Saudi Arabia might soon be the recipients of a new Fairmont Raffles hotel complex.  The Qatari monarchy has invested US$877million in...