Bloomberg Malaysia will hold its first state-wide snap election under Prime Minister Ismail Sabri Yaakob’s leadership on November 20, according to the Election Commission. Nomination day for the Malacca state polls is set for November 8, while early voting will be held on November 16, the commission said on Monday. The polls set the stage for Ismail’s first popularity test ...

Bloomberg Goldman Sachs Group Inc economists say they no longer expect China to cut the amount of cash banks must hold in reserve this year after the central bank pledged to keep overall liquidity conditions relatively stable. The probability of a cut in the reserve requirement ratio is lowered, and the People’s Bank of China (PBOC) might rely on open ...

Bloomberg The European Central Bank (ECB) said lenders in the region will have to estimate the risk they could face from climate change in both their lending and trading operations when they undergo a stress test next year. Banks will have to predict how their balance sheets will evolve over 30 years as well as any related losses they could ...