IHH says unable to proceed with Fortis open offer for now
KUALA LUMPUR (Dec 17): IHH Healthcare Bhd said today its wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) and persons acting in concert will not…
KUALA LUMPUR (Dec 17): IHH Healthcare Bhd said today its wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) and persons acting in concert will not…
CYBERJAYA (Dec 17): Parti Pribumi Bersatu Malaysia (Bersatu) will not spread its wings to Sabah, says party chairman, Tun Dr Mahathir Mohamad today. “No, we are…
OTTAWA/BEIJING (Dec 17): Canadian diplomats gained consular access on Sunday to the second of two men detained by China over the past week, Canada’s foreign…
KUALA LUMPUR (Dec 17): The FBM KLCI fell 20.34 points or 1.22% today with the broader market across Bursa Malaysia amid global economic growth concerns….
KUALA LUMPUR (Dec 17): Permatang Pauh Member of Parliament Nurul Izzah Anwar announced her resignation as the PKR vice-president today. Nurul Izzah said she also relinquished…
KUALA LUMPUR (Dec 17): Malaysia’s Attorney-General Tommy Thomas said criminal charges were filed against Goldman Sachs and others today as they had broken laws that…
KUALA LUMPUR (Dec 17): Low Taek Jho or Jho Low — the fugitive financier at the centre of the 1Malaysia Development Bhd (1MDB) debacle —…
KUALA LUMPUR (Dec 17): Malaysia on Monday filed criminal charges against three subsidiaries of Goldman Sachs Inc over their handling of bonds totalling US$6.5 billion…
(Dec 17): First it was the private bankers who were scared. Now, it’s the investment bankers’ turn to cower in the corner. In 2016, Singapore sent…
The Dollar index pulled back from 18-month highs it posted early in the session, dipping to 97.43 from 97.71 highs. Incoming U.S. data was decent, with retail sales coming in as-expected, with upside prior month revisions. Industrial production was netter than expected, though revised down from prior months. Wall Street was slammed on China slowdown […]
OVERVIEW Better-than-expected retail sales attract more bid for the US dollar. The Dollar Index is up 0.6% Sterling comes under heavy selling pressure as a no-deal Brexit situation resurfaces. NYMEX WTI Crude flat near $52.25 a barrel as investors assess the impact of a stalling Chinese economy HIGHLIGHT
KUALA LUMPUR (Dec 14): Insurer AIG Malaysia expects to see a marginal 1% growth in gross written premiums (GWP) this year, from RM715 million recorded…