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THE monopoly behind China’s vast network of cellphone towers started marketing what could be the world’s largest initial public offering in four years.
DUBAI: Saudi Arabia’s stock market is pulling out all the stops for what could be the world’s largest initial public offering.
The listing of more Islamic financial institutions on Bursa Malaysia is needed to boost the Islamic fund and wealth management industry going forward. The Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar said this would also strengthen Malaysia’s position as a global hub for such funds.
NEW YORK CITY: Manhattan home resales climbed for the first time in a year and a half as sellers agreed to lower prices in order to seal deals before inventory and interest rates rise further.
Airbnb, the online lodging service that investors now believe is worth US$30bil (RM125.53bil), faces a reckoning.
PETALING JAYA: Many companies which held back their initial public offerings (IPOs) last year are going for listing on Bursa Malaysia this year.