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Fight for power takes new forms as Kenyan elections approach

26 April 2017

KISUMU (Reuters) - A crowd of elated young men danced outside the market in Kenya’s southern Kisumu city, waving the crisp new 200 shilling ($2) notes that a local politician was distributing from behind a dusty speaker that pounded out music.

Asia investors boost use of unorthodox data sources in battle to beat benchmarks

26 April 2017

HONG KONG: Sometime in the third quarter of 2016, Blackrock’s scientific active equity team, which manages US$80 billion globally, began picking up increased signs of construction activity on the ground in China by using satellite imagery. Using that as a starting point and adding freight traffic and other data to the picture, the U.S.-based analysts determined that the world’s second-biggest economy was on the verge of a cyclical rebound.

Yayasan Selangor told to pay up in dispute

26 April 2017

KUALA LUMPUR: Yayasan Selangor has been ordered to pay RM24mil to an aviation and property development company in relation to a civil dispute over the cancellation of a joint venture agreement.

Advancecon postpones prospectus launch

26 April 2017

PETALING JAYA: Main Market-bound Advancecon Holdings Bhd has postponed the prospectus launch of its initial public offering (IPO) because of outstanding queries from the Securities Commission (SC).

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