ISDA Confirms Enforceability Of Close-Out Netting In Saudi Arabia 

KUALA LUMPUR, Nov 11 (Bernama) -- The International Swaps and Derivatives Association (ISDA) has published legal opinions recognising the enforceability of close-out netting in Saudi Arabia, providing global financial institutions with greater legal certainty when transacting in the Kingdom’s derivatives market.

Cloudera Report Finds Hybrid AI Core Strategy For Financial Services Sector

KUALA LUMPUR, Nov 11 (Bernama) -- Cloudera, the company bringing artificial intelligence (AI) to data anywhere, has released a new global report in collaboration with Finextra Research revealing that hybrid AI deployment has become the dominant strategy in financial services.

BNM's FTFC Policy Revision To Ensure Fairer Deals For Financial Consumers 

KUALA LUMPUR, Nov 11 (Bernama) -- The revised Fair Treatment of Financial Consumers (FTFC) policy document will enable financial service providers (FSP) to take appropriate action to understand vulnerable consumers better and provide the necessary assistance, said Bank Negara Malaysia (BNM) spokesperson.

Equinox Partnership Launched To Boost Oxford’s Global Innovation Ecosystem

KUALA LUMPUR, Nov 11 (Bernama) -- A new regional partnership, Equitable Innovation Oxford (Equinox), has been launched to position Oxford as a global hub for innovation and entrepreneurship.

Khazanah-China Rare Earth Investment Should Be Accelerated – PM Anwar

KUALA LUMPUR, Nov 11 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged that Khazanah Nasional Bhd (Khazanah) accelerate its investment with China in rare earth element (REE) development to capitalise on the sector’s potential and ensure balanced regional development.

Malaysia 2025 GDP Growth Seen Higher – PM Anwar

KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia’s gross domestic product (GDP) for 2025 could rise further, underpinned by robust economic performance, Prime Minister Datuk Seri Anwar Ibrahim said.

Ringgit Hits RM4.16, Emerges As Asia’s Best-performing Currency -- Anwar

KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit is trading at RM4.16 against the US dollar, making it the best-performing currency in Asia, Prime Minister Datuk Seri Anwar Ibrahim said.

Sarawak Non-LNG Gas Demand To Reach 500 mmscfd By Year-end -- Azalina

KUALA LUMPUR, Nov 10 (Bernama) -- Domestic natural gas demand in Sarawak for the non-liquefied natural gas (LNG) market is projected to rise to 500 million standard cubic feet per day (mmscfd) by year-end.

Kunming Emerges As China’s Gateway City For Southeast Asian Travellers

KUALA LUMPUR, Nov 10 (Bernama) -- Kunming is rapidly cementing its position as China’s premier destination for inbound consumption, drawing a surge of visitors primarily from Southeast Asia and increasingly from South Asia, according to the Kunming Bureau of Commerce.

BNM Governor: Structural Reforms On Track; Social Protection, Labour Market Needs Boost - Report

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia is progressing at a reasonable pace in implementing strategic and structural reforms to achieve the nation's aspiration of becoming a high-income and developed nation, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.

Malaysian Banking Sector Accelerates AI Adoption For Smarter, Ethical Compliance

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia’s banking industry is accelerating the use of artificial intelligence (AI) to strengthen compliance, risk management and fraud detection.

AITIGA Upgrade, Semiconductor Collaboration To Drive ASEAN-India Economic Ties -- Analyst

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 9 (Bernama) -- The upcoming upgrade of the ASEAN-India Trade in Goods Agreement (AITIGA) and expanding semiconductor collaboration with India are expected to shape the next phase of ASEAN-India economic ties, an analyst said.