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Hibiscus unit acquires oilfields

PETALING JAYA: Hibiscus Petroleum Bhd’s indirect wholly owned subsidiary, Anasuria Hibiscus UK Ltd (AHUK), has entered into a conditional non-binding term sheet to acquire Licence P2366 consisting of Blocks 15/18d and 15/19b from United Oil & Gas Plc and Swift Exploration Ltd for US$5mil (RM20.6mil).

Analyst Reports

Kuala Lumpur Kepong Bhd, Gabungan AQRS Bhd and Malakoff Corp Bhd.

Derivatives vigilantes punishing ‘bad’ nations

Asset managers are increasingly using their financial clout to persuade companies to be friendlier to the planet, wielding a combination of the stick of disinvestment and the carrot of engagement. But can the financial world do more to ensure countries and their central banks are also meeting their environmental, social and governance responsibilities?

Aston Martin to race Valkyrie hypercar at Le Mans in 2021

LONDON (Reuters) - Aston Martin will challenge for outright victory in the Le Mans 24 Hours race in 2021 with its Valkyrie hypercar, the British luxury sportscar maker announced on Friday after organisers rewrote the rules.

Factbox: Blood and treasure or fantasy - What is the UK-U.S. 'special relationship'?

LONDON (Reuters) - Britain's so-called special relationship with the United States was one of the most enduring alliances of the 20th century, though Brexit and the presidency of Donald Trump have raised questions about its future.

Factbox - Blood and treasure or fantasy: What is the UK-U.S. 'special relationship'?

LONDON (Reuters) - Britain's so-called 'special relationship' with the United States was one of the most enduring alliances of the 20th century, though Brexit and the election of U.S. President Donald Trump have raised questions about its future.

Big corporates back crypto 'plumbing' despite currency caution

LONDON: Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they’re steering clear of the volatile currencies themselves.

London Stock Exchange prepares for no-deal Brexit

LONDON: The London Stock Exchange said its pan-European platform Turquoise would shift trading in euro-denominated shares to its new Dutch hub if Britain leaves the European Union at the end of the week without a deal

Brexit bulletin: What might have been

BRITIAN should have been waking up this morning to its last ever day as a member of the European Union (EU) after 46 years.

London Stock Exchange invests in start-up behind world's first cryptocurrency bond

LONDON: London Stock Exchange Group (LSEG) said on Wednesday it had invested in a start-up that lets companies issue debt on blockchain, signalling growing interest from mainstream finance in the technology behind cryptocurrencies.