JAMES ROBERTO

August 10, 2023 MANILA - The Philippines has once again refuted China's assertions, this time dismissing the claim that it pledged to remove a long-standing...

August 10, 2023 The unfolding situation surrounding China's participation in peace talks hosted in Saudi Arabia has cast a spotlight on the intricate relationship between...

Industrial shares are displaying remarkable strength as the evidence of a broadening stock market rally emerges. Analysts are filled with optimism about the potential...

A significant breakthrough in green energy production is on the horizon as chemists from the University of Kansas and the U.S. Department of Energy's Brookhaven National Laboratory edge closer to creating pure hydrogen without the use of fossil fuels. This revolutionary discovery could be a game-changer for renewable energy, setting us on a path to a greener future.

YNH Property Bhd faces an embezzlement scandal involving over MYR 20 million in a suspicious joint venture deal. Key personnel are implicated, with regulatory violations and potential tax evasion being exposed.

German Chancellor Olaf Scholz meets with Japanese officials to explore strategies for diversifying economic partnerships, addressing vulnerabilities exposed by the Ukraine war and COVID-19 pandemic. The nations aim to reduce reliance on single economic partners and strengthen collaborative approaches to global economic challenges.

RAM Ratings assesses Malaysian banking sector's strength, noting less than 25% bond investments and robust regulatory oversight differentiating local banks from SVB's risky investment strategy.

Singapore bank stocks dropped as global markets reacted to Credit Suisse's financial turmoil and consecutive US bank failures. The Swiss bank's stock plummeted 30% after its largest shareholder declined additional investment, raising concerns about wider financial sector risks and potential systemic instability.

Moody's Investors Service predicts Malaysia, Indonesia, and Turkiye will become the largest sovereign sukuk issuers in 2023-2024. Malaysia's fiscal deficit is expected to decrease to around 5% of GDP, supporting annual sovereign sukuk issuance of US$20-22 billion.

Vietnam secured $3.1 billion in foreign direct investment in the first two months of 2023, marking a 38% decrease from last year. Singapore emerged as the largest investor, with manufacturing receiving the most significant portion of investments at $2.17 billion.