Financial Services

Malaysia launches inquiry over forex losses under Mahathir

Aug 8, 2017

Malaysia's government has launched an inquiry into massive foreign exchange losses by the central bank more than two decades ago, in a probe that could lead to criminal prosecution for former Prime Minister Mahathir Mohamad

Malaysia central bank urged to reopen probe on indebted fund

Aug 3, 2017

Malaysian opposition lawmakers urge the central bank to reopen its investigation into indebted state investment fund 1MDB that is being probed in several countries for money laundering and implicating Prime Minister Najib Razak

HSBC reports higher profit, plans $2B more in share buybacks

Jul 31, 2017

HSBC plans to buy back another $2 billion in shares after reporting strong earnings for the latest quarter.

World stocks mixed amid raft of corporate earnings

Jul 27, 2017

Global stock indexes are mixed as investors digest string of corporate earnings, Fed policy statement

Asian shares gain on strong earnings, dovish Fed policy

Jul 27, 2017

Asian stock indexes mostly higher, helped by strong earnings, dovish Fed policy

Global stocks rise on corporate earnings, ahead of Fed

Jul 26, 2017

World stocks rise on generally positive corporate earnings reports, ahead of Federal Reserve's interest rate decision

Global stocks mostly higher amid earnings reports

Jul 25, 2017

Stock markets turn higher as investors monitor corporate earnings reports, Federal Reserve meeting

Asian stock indexes mixed amid caution on earnings, politics

Jul 25, 2017

Asian share benchmarks mixed as investors await corporate earnings, Fed meeting

Grab builds out war chest in a fight for car-share dominance

Jul 24, 2017

Grab gets another $2 billion in financing, revealing the intense competition among car-share services in Asia that have forced companies like Uber to take a back seat to rivals with extremely deep-pockets.

Global shares mixed as attention turns to Fed meeting

Jul 24, 2017

Global stocks mostly lower as investors turned their attention to the US Federal Reserve meeting later in the week, US political risks

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