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KUALA LUMPUR: Permodalan Nasional Bhd (PNB), which manages RM288.1bil in assets, has signalled its intention to provide financial support to underperforming “core companies” seeking to turn around their business.
NEW YORK: A U.S. judge on Thursday ordered Goldman Sachs Group Inc, JPMorgan Chase & Co and four other large banks to face an antitrust lawsuit by investors who said they conspired to stifle competition in the nearly US$2 trillion stock lending market
SINGAPORE: Malaysia's Axiata Group Bhd, the biggest shareholder in M1 Ltd, is likely to reject an offer that valued the Singapore mobile operator at up to S$1.9 billion ($1.4 billion), a source with direct knowledge of the matter said
KUALA LUMPUR: S&P Global Ratings has revised its assessment of Public Bank’s stand-alone credit profile higher at 'a', from 'a-' previously, based on its strong risk management capabilitie
KUALA LUMPUR: FGV Holdings Bhd has appointed Mohd Hassan Ahmad as the new Non-Independent and Non-Executive Director with effect from Sept 26.
KUALA LUMPUR: Axiata Group Bhd said it would review all options available in its response to speculation over whether it would accept a purchase offer for its 28.7% stake in M1 Ltd.
KUALA LUMPUR: Shares of Axiata Group Bhd continued to gain traction on news that it is open to considering any offer for its stake in Singapore wireless operator M1 Ltd.
JAKARTA/HONG KONG: For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services.