Malaysia

Alibaba Group Holdings Ltd.’s (NYSE: BABA) financial affiliate Ant Group has signed a memorandum of understanding (MoU) with Malaysia’s Kenanga Investment Bank Berhad under which Kenanga will leverage mPaaS, a mobile development platform from Ant Group...

With Singapore’s central bank tightening its monetary policy to rein-in inflation, the nation’s currency has strengthened significantly against the currency of its neighbor Malaysia, which has been on an accommodative policy path. As a result, shoppers from Singapore have been...

Tesla Inc (NASDAQ: TSLA) has been invited to open a car factory in Malaysia, local media reported on Thursday. What Happened: Malaysian Prime Minister Ismail Sabri Yaakob has invited U.S. investors and Fortune 500 companies to invest or increase their investments in the...

A video of Malaysia literally cracking down on Bitcoin (CRYPTO: BTC) by destroying 1,069 confiscated Bitcoin mining rigs with a steamroller has gone viral on social media. What Happened: Malaysian police destroyed the mining rigs, worth about $1.26 million, after they were seized for illegally...

Former Prime Minister of Malaysia Najib Razak was found guilty by a court in Malaysia on Monday in a money laundering case involving Goldman Sachs Group, Inc (NYSE: GS), the Wall Street Journal reported. What Happened The guilty verdict pertains to the 1Malaysia Development Bhd. fund (1MDB). It...

China has placed its first domestically built aircraft carrier in active service on Tuesday, according to the Nikkei. What Happened China commissioned into active service its first homegrown aircraft carrier at a military base in Sanya, on the southern island of Hainan, near the South China...

Dry bulk ship operator Malaysian Bulk Carriers (BM: 5077) has reported a weak set of third quarter results. Although revenues are up, the company incurred a loss for the quarter and, barring unexpected positive developments, looks likely to report a loss for the year. If so, that would be the...

Kuala Lumpur-headquartered trading conglomerate Sime Darby (BMB: 4197) of Malaysia has conditionally acquired the privately held automotive and construction machinery dealer Gough Group of Christchurch, New Zealand. Financial details of the deal have not been disclosed. Gough says the sale...

Malaysian logistics startup TheLorry announced it has raised $5.85 million in a Series B round led by FirstFloor Capital, according to VC News Network. Other participants include PNB-INSPiRE Ethical Fund I, Cradle Seed Ventures, Axiata Digital Innovation Fund and existing funder SPH Ventures. The...

Among the many curveballs the global economy has thrown at investors this year, one of the least expected might be the traction emerging markets have seen in the opening months of the year. Take a look at the year-to-date chart for the Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSE: EDC...

Goldman Sachs Group, Inc. (NYSE: GS) has remained silent during its recent CEO transition and is yet to address concerns related to the criminal charges filed by Malaysia. The silence triggers undesirable uncertainty, according to a Wells Fargo. The Analyst Wells Fargo’s Mike Mayo ...

The government of Malaysia filed criminal charges against Wall Street giant Goldman Sachs Group Inc (NYSE: GS) for alleged wrongdoing related to advisory services it offered 1Malaysia Development Berhad (1MDB), a Malaysian strategic development company fully owned by the government. What Happened...

Investors are hearing plenty this year about the boffo performances turned in by low volatility exchange-traded funds. They are also hearing quite a bit about the resurgence of emerging markets stocks and ETFs. Marry those two themes and the result is a perfect explanation as to why the iShares...

Flows data confirm that advisors and investors were partial to international equity-traded funds last year. Six of 2015's top 10 asset-gathering ETFs were international equity funds, while just two – the Vanguard 500 Index Fund (NYSE: VOO) and the Vanguard Total Stock Market ETF (NYSE:...

Forgive for taking liberties with Prince songs, but at least the iShares MSCI Malaysia ETF (NYSE: EWM) existed in 1998 during the dark days of the Asian Financial Crisis. The lone Malaysia exchange traded fund actually debuted in the first quarter of 1996. That is relevant because Malaysia'...