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KUALA LUMPUR: GXBank has secured up to US$4.95 million (RM21 million) in first-loss coverage from the International Finance Corp (IFC), which the bank calls the first risk-sharing partnership of its kind for a Malaysian digital bank.
We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.
Brent crude climbed above $108 a barrel on Monday morning after a merchant vessel was struck in the Strait of Hormuz, killing one crew member, and Saudi Arabia shut its main pipeline bypassing the…
HIGH-impact industries including electronics and electrical (E&E), semiconductors, automotive, the Blue Economy and medical devices are taking centre stage as preparations for Budget 2027 enter their…
The KOSPI fell below 6,700 Monday as concerns over a possible slowdown in AI development triggered heavy foreign selling, with high oil prices and elevated interest rates adding to investor unease.
The surprise nomination of KB Financial Group Vice Chairman Lee Jae-keun as its next chairman shows that the financial sector is under growing pressure from regulators to reform governance by…
