KUALA LUMPUR: The FBM KLCI traced higher on Morning trade on the back of some positive news from embattled property giant China Evergrande.
The Chinese developer said yesterday it had resolved a coupon payment on an onshore bond, alleviating risk of a default on its US$300bil in debt.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!