SHANGHAI: China#8217;s Sinohydro Group Ltd, the builder of the Three Gorges dam, plans to raise more than US$2.5bil in what could be mainland China#8217;s biggest initial public offering (IPO) this year.nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;
KUALA LUMPUR: Malaysian investors' confidence rose seven points to 146 in the first quarter of this year from 139 in the fourth quarter of 2009, affirming the country's position in 'optimistic' territory.
LONDON: Prudential, Britain's largest insurer, is in advanced talks to buy the Asian arm of American International Group (AIG) in a deal worth US$35bil, sources familiar with the matter said on Saturday.
KUALA LUMPUR: The number of withdrawal applications to the Employees Provident Fund (EPF) for unit trust investments is expected to reach 500,000 this year due to the introduction of a new online system.
PETALING JAYA: Various issues are expected to be addressed in the informal bondholders meeting of Selangor water concessionaires on Friday to find out a solution for the impasse in the Selangor water-restructuring exercise.