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5y

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

5y

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

5y

FBM KLCI expected to trade sideways next week

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

5y

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

5y

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

5y

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

5y

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

5y

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

5y

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

5y

Twitter tipping service now accepts bitcoin

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

5y

Bursa opens marginally higher

Meanwhile, ringgit grows against US dollar

5y

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

5y

Oil prices rise on tight supply, renewed risk appetite

Production remains hampered in Gulf of Mexico after two hurricanes