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Business 03 Mar 2004 | 12:00 AM

Private equity cashing in on China Inc boom

China is casting off its reputation as a black hole for private equity.

Business 26 Feb 2004 | 12:00 AM

Children to decide on Khoo’s stake in StanChart

THE future of Tan Sri Khoo Teck Puat#146;s 13.4% stake in Standard Chartered Bank (StanChart) worth £1.5bil will be decided by four of his children, according to the I>Financial Times /I>(FT).

Business 26 Feb 2004 | 12:00 AM

Citigroup splits into three its corporate, investment bank

Citigroup Inc, the world's biggest stock and bond underwriter, said it has split its global corporate and investment bank into three groups to simplify its structure and win new business.

Business 25 Feb 2004 | 12:00 AM

Private capex recovery will fuel GDP growth

THE recovery in private investment, which started gaining momentum in the third quarter last year, will spearhead Malaysia's economic growth this year, said Adam Le Mesurier, Goldman Sachs' vice-president of Asia-Pacific Economic Research.

Business 24 Feb 2004 | 12:00 AM

Khoo’s death renews Standard Chartered takeover talk

The death of the largest single shareholder of Standard Chartered Plc is rekindling speculation the Asia-focused British bank has become a takeover target.

Business 23 Feb 2004 | 12:00 AM

Titan investing more to boost capacity, product range

TITAN Petrochemicals and Polymers Bhd, which has invested a total of RM5.5bil in its petrochemical facilities in Johor to date, plans to spend a further US$70mil (RM266mil) in the next two to three years to increase capacity and product range.

Business 21 Feb 2004 | 12:00 AM

Report: China insurer plans US$1.9bil IPO

China's second largest life insurer, Ping An Insurance Group Co Ltd, is expected to raise US$1.9bil from its initial public offering (IPO) in Hong Kong in May, a local reported yesterday.HSBC, BOC International, Morgan Stanley and Goldman Sachs would underwrite the IPO, I>The Standard/Isaid.

Business 17 Feb 2004 | 12:00 AM

Titan yet to decide on IPO size, timing

TITAN Petrochemicals and Polymers Bhd, Malaysia#039;s first fully integrated petrochemical complex and largest integrated olefin and polyolefin producer, has yet to decide on the timing and size of its planned initial public offering (IPO).

Business 15 Feb 2004 | 12:00 AM

US market remains bullish

With help from Fed chief Alan Greenspan, Wall Street's blue chips managed to eke out modest gains over the past week, with analysts saying the bull market remains intact even after 11 months.

Business 10 Feb 2004 | 12:00 AM

China’s absence muffles forex message of G7

The Group of Seven (G7) is looking more and more like a doughnut: without fast-growing China in its ranks, there is a gaping hole at the heart of its policy-making.