Malaysia's EPF, PNB among buyers of MUFJ's CIMB stake — Tengku Zafrul
KUALA LUMPUR (Oct 2): Japan-based Mitsubishi UFJ Financial Group (MUFG) has completed disposal of its entire 412.5 million shares or 4.56% stake in CIMB Group…
KUALA LUMPUR (Oct 2): Japan-based Mitsubishi UFJ Financial Group (MUFG) has completed disposal of its entire 412.5 million shares or 4.56% stake in CIMB Group…
KUALA LUMPUR (Oct 2): Sime Darby Bhd said it has novated its rights and obligations under its Islamic debt papers programmes to its property development…
KUALA LUMPUR (Oct 2): Malaysia’s Retirement Fund Inc or Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has allocated up to 1% of its “over” RM100 billion fund…
KUALA LUMPUR (Oct 2): Shares of Lotte Chemical Titan Holding Bhd (LCT) fell more than 3% on resuming trade after the market break today, on…
BEIJING: A new 10 billion yuan (1.5 billion dollar) government-backed fund was set up on Saturday to promote the development and integration of the region around China’s capital, state media Xinhua said.
BRUSSELS: The European Commission has shied away from ranking which cities should host Europe’s drugs regulator and banking authority after Brexit, saying the decision is up to the 27 member states which will remain.
LONDON: British Foreign Minister Boris Johnson said a transition period from the European Union after Britain’s exit from the bloc in March 2019 must not last more than two years.
BEIJING: China’s central bank on Saturday cut the amount of cash that some banks must hold as reserves for the first time since February 2016 in a bid to encourage more lending to struggling smaller firms and energize its lacklustre private sector.
SYDNEY: Australia’s real estate industry is hoping recent rule changes for foreign buyers haven’t dimmed Chinese appetites too much, as they eagerly awaited an influx of big-spending tourists during China’s Golden Week holiday beginning on Sunday.
A CREDIT credit card is like a knife or a baseball bat: it is not per definition good or bad, safe or dangerous.
SEOUL: Higher memory chip and steel product sales helped South Korea’s exports surge 35 percent year-on-year to a record $55.1 billion in September, notching a ninth consecutive month of double-digit growth and the longest stretch of expansion since 2011.
September data started out with a strongly positive Chicago PMI.