In a high-profile announcement at the White House, President Donald Trump revealed that Apple will invest an additional $100 billion in the United States, bringing its total domestic commitment to $600 billion over the next four years. The move is part of a broader push to expand Apple’s U.S. supply chain and manufacturing footprint, and comes amid escalating tariff threats targeting overseas production.

Bank Negara Malaysia (BNM) in a statement revealed that it had, on 22 July 2024, imposed an Administrative Monetary Penalty (AMP) of RM88,000 on Bank of China (Malaysia) Bhd (BOCM). The AMP was due to BOCM’s non-compliance with the prudential requirements applicable to the material outsourcing arrangements.

Bank Negara Malaysia (BNM) in a statement today revealed that it has fined both Maybank and CIMB for prolonged disruptions in several banking services. Maybank (Malayan Banking Bhd and Maybank Islamic Bhd) was fined RM4.32 million, while CIMB (CIMB Bank Bhd and CIMB Islamic Bank Bhd) was fined RM760,000.