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(Reuters) - The Qatar Investment Authority (QIA), the world's ninth largest sovereign wealth fund, is playing a key role in helping Qatar's financial sector withstand the effects of an economic boycott by its powerful Arab neighbours.
DUBAI/DOHA (Reuters) - A month after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic, trade and transport ties with Qatar, accusing it of backing terrorism, it is suffering from isolation but is nowhere near an economic crisis.
SUBANG: The Armed Forces hopes to send humanitarian aid to conflict-hit Marawi city in the Philippines, said Defence Minister Datuk Seri Hishammuddin Tun Hussein.
KUALA LUMPUR: Late buying of IOI Corp, CIMB and Genting Malaysia shored up the FBM KLCI and enabled it to close on a firmer note on Thursday but the ringgit fell against the key currencies despite a rebound in crude oil prices.
Uber said it would suspend its unlicensed service UberPOP in Finland until a law deregulating the taxi market comes into effect next year.
KUALA LUMPUR: Yinson Holding Bhd is eyeing several floating production storage and offloading (FPSO) projects in its current fiscal year ending Jan 31, 2018.
The founder of China's struggling tech group LeEco, Jia Yueting, pledged to take full responsibility for the company's debt troubles amid a deepening financial crisis and after some of the company's assets were frozen.
SHANGHAI: China’s Dalian Wanda Group said on Thursday that first-half revenue surged 12%, with revenue from its financial businesses showing particularly strong growth.
Bank to sell wealth unit for up to US$3bil and focus on core business
BEIJING: Xiaomi Corp has acquired a swathe of patents from Nokia Oyj, making its latest acquisition of technology to drive a global expansion.