• Finance  |  SEPTEMBER 17, 2014 3:12 PM

    Asya sukuk world’s worst as Erdogan fuels feud

    Story by
    www.bloomberg.com

    A feud between Turkish President Recep Tayyip Erdogan and a US-based Islamic cleric has made sukuk from Asya Katilim Bankasi AS the worst-performing in the world. Debt from the Shariah-compliant lender known as Bank Asya, which was founded by followers …

     
  • Finance & World Biz  |  SEPTEMBER 17, 2014 2:17 PM

    Draghi stimulus has differing effects on Sweden and Norway

    Story by
    www.bloomberg.com

    European Central Bank (ECB) president Mario Draghi’s efforts to revive the euro area could trigger diverging responses from policy makers in Sweden and Norway. While the ECB’s rate cut and asset-buying programme will mean cheaper funding for banks in both …

     
  • Finance & World Biz  |  SEPTEMBER 17, 2014 2:06 PM

    Analysts diverge on China’s credit injection

    Story by
    www.bloomberg.com

    Just a normal banking-system operation to cope with a brief liquidity shortage? Or a secretive move to shore up growth as China faces up to the danger of a hard landing for its economy? As economists in China woke up …

     
  • Finance & World Biz  |  SEPTEMBER 15, 2014 6:54 PM

    Draghi’s RM12.4 tril stimulus may not be enough

    Story by
    www.bloomberg.com

    Mario Draghi’s 3 trillion-euro (RM12.4 trillion) ambition could be a stretch to achieve. New stimulus measures ranging from long-term loans to asset purchases probably aren’t enough to expand the European Central Bank’s (ECB) balance sheet back to the size its …

     
  • Enterprise & Finance  |  SEPTEMBER 15, 2014 3:01 PM

    SME bank and CGC to offer RM30 mil in loans to SMEs

    Story by
    www.bernama.com

    SME Bank today signed a Portfolio Guarantee (PG) agreement with Credit Guarantee Corporation Malaysia Bhd (CGC) to offer RM30 million in financing to viable small and medium enterprises (SMEs).

     
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