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JAKARTA: Indonesian businessman Erick Thohir (pic), whose investments have ranged from newspapers to sports teams in the United States and Europe, is now betting on life insurance.
DHAKA: A top investigator into the electronic theft of US$81mil from the Bangladesh central bank is turning his attention to some IT technicians from the bank whom he suspects hooked up its transactions system to the public Internet, giving hackers access.
BEIJING: China plans to spend 3.5 trillion yuan (US$503bil) to expand its railway system by 2020 as it turns to investments in infrastructure to bolster growth and improve connectivity across the country.
KUALA LUMPUR: Malaysian engineering group Serba Dinamik Holdings Bhd is looking to raise 584 million ringgit ($130.29 million) in an IPO on the domestic stock exchange in February, its CEO said, in what would be the country's biggest listing in 19 months
KUALA LUMPUR: SMTrack Bhd jumped in late Friday morning trade as traders ignored its external auditor's concerns over audited financial statements for FY ended July 31, 2016.
KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) is cautious about the impact of possible cumulative gas price hikes by end of 2019 due to the uncertain global economy in the next few years.
KUALA LUMPUR: Axiata and Maybank weighed on the FBM KLCI at midday on Friday after two straight days of gains while the ringgit lost more ground against the key currencies. However, crude oil prices climbed.