• Finance  |  AUGUST 30, 2014 10:15 AM

    Ringgit to trade between 3.13 and 3.17 against USD

    Story by
    www.bernama.com

    The ringgit is likely to trade between 3.13 and 3.175 against the US dollar next week, driven by external developments. Forex Trader Eddie Koay said the ringgit would undergo short-covering next week as Bank Negara Malaysia was capping the ringgit to sustain …

     
  • Corporate & Finance  |  AUGUST 28, 2014 6:57 PM

    SC launches new sukuk investment framework

    Story by
    www.bernama.com

    The Securities Commission Malaysia (SC) has launched the Sustainable and Responsible Investment (SRI) Sukuk framework to facilitate the financing of sustainable and responsible investment initiatives.

     
  • Finance & World Biz  |  AUGUST 28, 2014 11:24 AM

    US SEC adopts new rules for asset-backed securities

    Story by
    www.reuters.com

    The US Securities and Exchange Commission on Wednesday adopted tighter rules for asset-backed securities (ABS) and credit rating agencies, tackling two issues at the core of the 2007-2009 financial crisis after years of delays.

     
  • Finance  |  AUGUST 27, 2014 2:10 PM

    Islamic finance players should strengthen ties

    Story by
    www.bernama.com

    Collaboration between Islamic finance market players must be strengthened further in the effort to ensure continuous growth of the industry, especially in the international arena, said Kamarul Ariffin Mohd Jamil, chief executive officer of Affin Islamic Bank Bhd.

     
  • Finance & World Biz  |  AUGUST 27, 2014 11:39 AM

    South Korea probes local banks for collusion

    South Korea’s anti-trust agency is investigating the country’s four largest commercial banks on suspicion of collusion on interest rates, news agency Yonhap reported on Wednesday. Yonhap said investigators from the Fair Trade Commission visited Kookmin Bank, Woori Bank, Shinhan Bank …

     
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