4y

Prudential eyes US$2.4 bil in HK share sale

Company plans to use most of the funds raised to pay down high-coupon debt within 6 months

4y

Rolls-Royce snags US Air Force contract worth up to US$2.6 bil

American arm of UK firm chosen over GE Aviation, Pratt & Whitney

4y

FBM KLCI expected to trade sideways next week

Analyst sees immediate support resistance level of between 1,520 and 1,560

4y

Ringgit looks to trade higher, buoyed by 12MP tabling

Local note likely to hover between 4.15 and 4.19 against US dollar next week, trader says

4y

IMF chief accuses ex-World Bank president’s office of manipulation

Kristalina Georgieva says she stepped in to block Jim Kong Kim staffer’s proposal to include HK data in China’s ranking in Doing Business report 3 years ago

4y

King, queen visit Battersea Power Station

Real estate project, with gross development value of £9 bil, a joint venture between Sime Darby Property, SP Setia, EPF, PNB since 2012

4y

China’s central bank rules all crypto transactions illegal

Over 1,000 people arrested for using profits from crime to buy digital currencies, say officials

4y

EPF investment income up 25% to RM34 bil in 1H

Resilient performance driven by progressive recovery of equity markets, most asset classes amid global rebound, CEO says

4y

S&P Global affirms ratings with negative outlook for 5 M’sian banks

Lenders face rising risks in competitive environment due to negative govt intervention

4y

Twitter tipping service now accepts bitcoin

Platform rolls out Tips on iOS globally, will do so for Android in coming weeks

4y

Bursa opens marginally higher

Meanwhile, ringgit grows against US dollar

4y

BNM international reserves at US$116.2 bil

Position sufficient to finance 8.1 months of retained imports, 1.3 times the total short-term external debt, central bank says

4y

Oil prices rise on tight supply, renewed risk appetite

Production remains hampered in Gulf of Mexico after two hurricanes