NATION

The outlook for Malaysia’s banks remains ‘stable’: Analyst

Simon Chen of Moody’s Investors Service says “fairly robust” global growth and expectations of strength in its domestic consumption are likely to bode well for Malaysia’s banking sector. Watch the video at https://www.cnbc.com/video/2018/06/17/the-outlook-for-malaysias-banks-remains-stable-analyst.html SOURCE: CNBC (1)

INDIA

Gender parity to boost India GDP by 18% in ’25

Three years back, the McKinsey Global Institute (MGI) had said in a power of parity report that advancing women’s equality can add $12 trillion to worldwide growth. A new research from MGI now finds that India could add $770 billion to its GDP annually in 2025, or 18% above business-as-usual GDP by pursuing the goal […]

CORPORATE

Major crypto exchanges face action over money-laundering fears

According to a report from Nikkei on Tuesday, the country’s Financial Service Agency (FSA) intends to ensure full compliance with current AML rules at larger exchanges as their holdings of customer funds rapidly increases. The report suggests at least five exchanges, including bitFlyer, Quoine, and Bitbank, are on the FSA’s list to receive “business improvement […]

CHINA

The impact of the US-China trade spat on tech supply chains

Wendy Liu of Nomura says her research shows that the global technology supply chain is vulnerable to a U.S.-China trade dispute, but companies in South Korea or Taiwan could step in to fill the gap. Watch the full video at https://www.cnbc.com/video/2018/06/19/the-impact-of-the-us-china-trade-spat-on-tech-supply-chains.html SOURCE: CNBC (1)

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