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Hong Leong Bank, DRB-Hicom in focus on Wednesday, ringgit up

28 June 2017

KUALA LUMPUR: Hong Leong Bank, oil and gas stocks and DRB-Hicom were in focus on Wednesday when the market reopened for trading following last Friday’s corporate news but whether the market can hold on to its gains remains to be seen after the weaker overnight close on Wall Street.

Visa buys stake in fintech firm Klarna

28 June 2017

LONDON: Visa Inc is buying a stake in Swedish payments technology firm Klarna AB and forming a strategic partnership, as both companies aim to expand outside their core markets.

Germany and France to lead post-Brexit EU in further integration

27 June 2017

BRUSSELS (Reuters) - More EU integration is a "foregone conclusion", and France and Germany will take the lead on post-Brexit reforms starting this year, the European Union's second-in-command said, adding that he hoped the east-west split in the bloc would heal.

China stocks end higher after solid profit data

27 June 2017

SHANGHAI: China stocks recouped earlier losses to end higher on Tuesday, but investors turned cautious amid a strong rally in blue-chips after MSCI decided last weeek to add 222 China-listed stocks to its Emerging Markets Index.

Hainan Air seeks acquisitions to build global network

27 June 2017

BEIJING: Like its acquisitive parent HNA Group, Hainan Airlines Holding Co is looking to bolster growth by buying assets on its own outside China, undeterred by potential headwinds posed by regulatory scrutiny of the parent’s overseas deals.

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