Malaysia invites proposals for revival of Kuala Lumpur-Singapore High-Speed Rail project
MALAYSIA — In an effort to revive the long-awaited Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project, Malaysia has announced its…
Military ties to take centre stage as Modi visits France
PARIS, FRANCE — Indian Prime Minister Narendra Modi begins a two-day visit to France on Thursday where he will attend…
Ringgit hits record low against Singapore dollar, dropped to a seven-year low against the British pound
MALAYSIA — The ringgit reached its lowest level in history against the Singapore dollar (S$) as it dropped to a…
Temasek Holdings reports S$7.3 Billion loss for FY2023, while Norway’s Sovereign Wealth Fund sees a US$84 billion quarterly profit
It was reported that Singapore’s sovereign wealth fund (SWF), Temasek Holdings lost S$7.3 billion for the financial year 2023. Temasek…
Zafrul vows to roll out the red carpet ‘from airport to hotel’ if Dr M’s RM500 billion investment claim is valid
MALAYSIA— Tengku Datuk Seri Zafrul Tengku Abdul Aziz, the Malaysian Minister for Investment, Trade, and Industry (MITI), has requested former…
US Fed official calls for increase to bank capital requirements
WASHINGTON, UNITED STATES — A senior Federal Reserve official has proposed raising capital requirements for large US banks as part…
Asian Infrastructure Investment Bank’s internal review found ‘no evidence’ of China influence
BEIJING, CHINA — The China-based Asian Infrastructure Investment Bank (AIIB) said Friday there was “no evidence” it was dominated by…
‘No second chance’ to save Sri Lanka, central banker warns
COLOMBO, SRI LANKA — The man charged with clawing Sri Lanka out of bankruptcy says he had warned about economic…
MAS records largest net loss of S$30.8 Billion amid strong Singapore dollar
SINGAPORE — The Monetary Authority of Singapore (MAS) posted a record net loss of S$30.8 billion in the financial year…
US Treasury Secretary to visit China, raising need to ‘responsibly manage’ ties
WASHINGTON, UNITED STATES — Treasury Secretary Janet Yellen is set to visit Beijing this week, the United States said Sunday,…