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BlackRock, Vanguard among fund giants flocking to Chinese market
BEIJING: Global asset managers are embracing China’s invitation to do more business in one of the world’s fastest-growing financial markets.
High Court to hear application by Lokman Adam on Jan 9 over committal proceedings
KUALA LUMPUR: The High Court has fixed Jan 9 to hear an application by Umno supreme council member Datuk Lokman Noor Adam to set aside leave granted to Attorney General Tan Sri Tommy Thomas to initiate committal proceedings against him for allegedly threatening a prosecution witness.
Sarawak to build first state-owned international secondary school
KUCHING: The first state-owned international secondary school in Sarawak is expected to be operational by 2021.
SoftBank's Son cleaves to guts-led investing in chat with Alibaba's Ma
TOKYO: Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.
Denmark’s US$450b pension market slams new speculation ban
COPENHAGEN: Denmark’s plan to rein in short-term property speculators has backfired as the country’s pension industry rips into the proposal.
Burundi ruling party militia forcing citizens to fund 2020 vote - rights group
NAIROBI (Reuters) - Burundi's ruling party youth league is forcing citizens to donate money to fund next year's election, Human Rights Watch said on Friday, as fears of abuses and renewed violence grow ahead of the vote.
KLCI perks up on Sime Plantation, KLK’s gains
KUALA LUMPUR: Blue chips managed to reverse out of the early losses on Friday as fund buying of Sime Plantation and KL Kepong provided an upbeat outlook, in line with key Asian markets.
Saudi Aramco prices shares at top of range in world's biggest IPO
RIYADH/DUBAI: State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will fall short of the towering $2 trillion valuation long sought by Crown Prince Mohammed bin Salman.
Merkel to give Auschwitz 60 million euros from Germany during first visit
WARSAW (Reuters) - Angela Merkel will make her first visit to the Auschwitz-Birkenau Memorial on Friday after 14 years as German chancellor, bringing a 60 million euro donation to help conserve the site where the Nazis ran their largest death camp, the museum said.
Wanita pushes for greater recognition
WANITA Umno wants the party to elevate the status of its chief, who currently enjoys vice-president status automatically, to one that is equal to that of party deputy president.