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Ireland raises 3 bln euros from 'milestone' AIB sale

23 June 2017

DUBLIN: Ireland raised 3 billion euros ($3.4 billion) by selling a quarter of Allied Irish Banks (AIB) on Friday in a remarkable turnaround for a company at the forefront of reckless lending during the "Celtic Tiger" boom.

The Mautes of the Philippines: from monied family to Islamic State

23 June 2017

MANILA/MARAWI CITY, Philippines (Reuters) - Before they formed one of the most dreaded militant groups in the Philippines and pledged loyalty to Islamic State, the Mautes were a wealthy, political family in the southern region of Mindanao, largely influenced by the matriarch, Farhana.

Ireland raises 3bil euros from 'milestone' AIB share sale

23 June 2017

DUBLIN: Ireland raised 3 billion euros (US$3.35 billion) on Friday by returning Allied Irish Banks (AIB) to the stock market in one of the largest bank listings since the financial crisis, achieving a price close to the bank’s book value.

Bina Darulaman issues RM50m sukuk

23 June 2017

KUALA LUMPUR: Bina Darulaman Bhd (BDB) has issued its maiden RM50 million Sukuk Wakalah, the first tranche of its seven-year RM100 million Sukuk Wakalah Programme.

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The US$100bil Forest City hit by capital controls

23 June 2017

SINGAPORE: The dream of a Malaysian version of Shenzhen — largely funded by Chinese developers and buyers — with hotels, offices, golf courses, tech parks and thousands of ritzy new apartments, is having to adapt after China’s government clamped down on an exodus of money for investment in overseas property.

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