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Big investors pile into China Life as pricing nears
China Life Insurance, marketing the world's biggest initial public offering (IPO) this year at up to US$3bil, has attracted enough interest from institutional buyers to cover its order book by nearly 10 times, sources familiar with the deal said yesterday.
Humility in a corporate world
HUMILITY still prevails in the corporate world. At least that trait is still portrayed by some people like Chia Song Kun, who despite the massive wealth they have made or donated, is still very much known as a plain Mr Chia.
EOX in joint venture with Thai firm
EOX Group Bhd, through its wholly-owned subsidiary, Whittler Company Ltd, has formed a joint-venture company with Bangpakong Terminal Public Co Ltd (BTC) in Thailand.
IRB’s new tool to boost revenue
IF the latest study showing how tax authorities worldwide are clamping down on #147;transfer pricing#148; is at all indicative, gloom and penalties are in store for unprepared firms when the Inland Revenue Board (IRB) comes knocking on the door.
Taiwan shares close off November with modest rise Friday
Taiwan shares ended higher Friday led by technology issues, the day after the island's legislators approved a referendum law thought unlikely to provoke an angry response from China.
Germany joins France in showdown over euro budget rules
Germany joins France in the European Union dock this week as finance ministers consider whether to punish the two overspenders for violating euro rules on deficits or let them off the hook yet again.
GIIG says it controls Bakun project now
GULF International Investment Group (GIIG) Capital has confirmed that it is proceeding to take control of the Bakun hydroelectric power project through its proposed 60% stake in Sarawak Hidro Sdn Bhd.
Trust banks see rise in will-managing business
The will the elderly Japanese man had prepared to reassure his wife about her financial future was having the opposite effect, emboldening her to go on shopping sprees.
US dollar slides to all-time low against the euro
THE US dollar slid to an all-time low of 1.1975 against the euro and near a three-year low of 107.86 versus the Japanese yen in Asia trade yesterday.
What a franchisor should bring to the table
IF you're thinking of buying a franchise, it's important that you understand what you should expect from your franchisor.
