Business News
Crypto: Institutional & ETF Outflows lead the sell-off
The recent sell-off has driven Bitcoin down to around $71,300 and Ethereum below $2,000, wiping roughly $550 billion from the total crypto market cap since early October.
Category: Money and Investment
Tech
Singapore’s Terra Invest Backs Abu Dhabi AI Firm AIREV
Singapore-based Terra Invest joined a strategic funding round for Abu Dhabi agentic AI company AIREV, targeting finance and healthcare uses.
World Business News
Takaichi to Tap BOJ ETF Proceeds as AI Rout Bites
Japan's Prime Minister Sanae Takaichi plans to use Bank of Japan ETF sale proceeds to fund economic security spending.
Money and Investment
Financial pressures reshape Malaysians’ family and retirement decisions
RinggitPlus survey highlights financial pressures on Malaysian families, widening savings inequalities, retirement concerns and growing exposure to digital financial scams.
Property and Construction
YNH Property Outlines Funding Plan For RM170 Million Sukuk Redemption
YNH Property Berhad prioritizes asset sales and project collections to fulfill its RM170 million sukuk redemption by February 2027.
World Business News
KOSPI Sinks 6% After Circuit Breaker Halts Trading
South Korea’s KOSPI closed 6.02% lower at 5,059.69 on Friday after an early 8% plunge triggered a 20-minute trading halt.
World Business News
Philippine Banks Earn PHP107 Billion in Q3, Best Quarter of 2026
Philippine banks earned PHP106.99 billion in the third quarter, their strongest quarter this year, lifting nine-month net income 4.2% to PHP315.47 billion, preliminary Bangko…
Banking and Finance
Analysts See Value in Banks Again, Maintains Overweight Call on Sector
AmBank says bank valuations are attractive, dividend yields remain compelling and future rate hikes could support earnings growth.
World Business News
Mitsubishi Corp Lifts Profit Forecast to Record ¥1.2 Trillion, Unveils ¥1 Trillion Buyback
Mitsubishi Corp raised its full-year net profit forecast to a record 1.2 trillion yen and approved buybacks of up to 1 trillion yen after…
World Business News
Thai Virtual Bank CLICX Picks Thought Machine Core System
CLICX, the Thai virtual bank backed by Krungthai Bank, AIS and OR, has chosen Thought Machine's Vault Core platform to run its core banking…
World Business News
China Raises FX Reserve Ratio to 6% to Slow Yuan Rally, Draining About US$24 Billion
FX Reserve - The PBOC will raise banks' foreign exchange reserve requirement ratio to 6% from 4% from November 15, its first hike in…
World Business News
UnionBank Seeks BSP Capital Relief to Absorb UnionDigital Bank
Philippine lender UnionBank has asked the Bangko Sentral ng Pilipinas for capital exemptions as it folds its digital bank subsidiary UnionDigital and fintech unit…
Ringgit
Ringgit Remains Firm Supported by Strong Macroeconomic Fundamentals Against Dollar
The ringgit maintains resilience amid US dollar hawkishness, with MBSB analysts forecasting a strengthening trend toward RM4.03 by year-end.
Ringgit
Ringgit held strong on a near seven-week high vs dollar
The Malaysian ringgit remains strong near a seven-week high, influenced by US interest rates and regional currency fluctuations.
Business News
Binance Hack: Ethereum failure and a centralized infrastructure breach
A sophisticated cyber operation led to the historic $6.36 billion Binance hack, attributed to a state-backed group exploiting security vulnerabilities within Binance's infrastructure.
Business News
Ringgit Firms to 3.1775 Against Singapore Dollar, Gains for Third Straight Session
The ringgit strengthened to 3.1775 against the Singapore dollar on Wednesday, its third straight daily gain against the city-state's currency.