Bloomberg Malaysia imposed a month-long conditional movement order in most states as the number of daily coronavirus cases hit a record. The restrictions will end on December 6, Defense Minister Ismail Sabri Yaakob told reporters. The partial lockdown in capital Kuala Lumpur, as well as the states of Selangor and Sabah will be extended when it expires on Monday, he ...

Bloomberg Goldman Sachs Group Inc. is shifting as much as $60 billion of assets from the UK to Frankfurt, the latest sign that banks are beefing up their European Union (EU) operations ahead of Brexit. The Wall Street bank plans to move between $40 billion to $60 billion to its German subsidiary by the end of the year, according to ...

Bloomberg Malaysia’s central bank held its benchmark interest rate at a record low, while warning of downside risks from the pandemic that threaten economy’s recovery. Bank Negara Malaysia held its overnight policy rate at 1.75% at its final scheduled meeting of the year, as expected by 17 of 22 economists surveyed by Bloomberg. The rest predicted a 25-basis point cut. ...