Maybank named world's best bank for corporate responsibility by Euromoney

Maybank raises sustainable finance target across Asean to US$73 bil by 2030

Maybank Group has committed to mobilise US$73 billion (RM297 billion) in sustainable finance across Asean by 2030, raising its ambition as it continues to support what it describes as a responsible and orderly transition that drives long-term growth and resilience.

MACC lifts seizure orders on Rohas Tecnic unit's bank accounts

Rohas Tecnic Bhd (KL:ROHAS) said the Malaysian Anti-Corruption Commission (MACC) has revoked all seizure orders imposed on the bank accounts of its subsidiary, HG Power Transmission Sdn Bhd (HGPT), as well as the personal bank accounts of the unit's current officer and former officers.

China's central bank urges banks to boost lending as demand remains weak, sources say

China's central bank has urged financial institutions to increase lending amid weakening demand within the economy.

Indonesia to inject more liquidity into state banks, finmin says

The Indonesian finance minister announced plans to inject more liquidity into state-owned banks to stimulate the economy.

RHB Bank’s 2Q profit seen improving on better margins, treasury income, says BIMB Securities

RHB Bank Bhd’s (KL:RHBBANK) second-quarter net profit is expected to improve from the preceding quarter, as better lending margins and treasury income offset softer growth in retail loans, according to BIMB Securities.

Japan's Nikkei falls as SoftBank tanks on reports of OpenAI's IPO delay

The Nikkei index has fallen concerning SoftBank's investment uncertainties related to OpenAI.

Strong unbilled sales underpin property sector's earnings visibility up to 18 months, says BIMB

Record unbilled sales are expected to provide property developers 12-18 months of revenue visibility and help cushion the cyclical risk in loan approvals and conversion, said BIMB Securities Research.

TA Securities sees buying opportunity in banking stocks amid pre-election volatility

The upcoming election-related uncertainty may present appealing entry opportunities for long-term banking stock investors, particularly if share-price softness is not aligned with underlying fundamentals, TA Securities said.

BNM rolls out enhanced governance, strategy and performance rules for development financial institutions

Bank Negara Malaysia has issued three new policy documents for prescribed development financial institutions, enhancing requirements on performance measurement, strategic planning, and corporate governance.