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KUALA LUMPUR: Shares of Public Bank Bhd fell to below RM18 at midday on Wednesday and the lowest since December 2016.
BERLIN (Reuters) - Annegret Kramp-Karrenbauer, Chancellor Angela Merkel's protegee and leader of their conservative Christian Democrats (CDU), will not run for chancellor in Germany's federal election next year, a source in her party said on Monday.
BERLIN (Reuters) - The woman who had been expected to become Germany's next chancellor said on Monday she would not run for the top job, succumbing to a scandal involving the far-right and blowing wide open the race to succeed Angela Merkel.
LONDON: Some of the world’s most cynical climate-change investors may finally be coming around.
LONDON (Bloomberg): US bank Citigroup suspended one of its highest-profile bond traders, who likely earned over £1mil (RM5.4mil), for allegedly stealing food from the company's cafeteria, according to a person familiar with the matter.
LONDON: Socially and environmentally conscious investing, one of finance’s newest and fastest growing sectors, is poised to get its first 1 billion-euro ($1.1 billion) credit fund, with Amundi SA and BlackRock Inc. vying to be the first ETF manager to cross that mark after a year of explosive growth.
LONDON: A 30 billion-pound ($39.3 billion) U.K. pension fund has threatened to fire managers that fail to curb their exposure to climate change and position for a low-carbon economy.
HONG KONG/SINGAPORE: The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly slower pace than previously anticipated amid threats related to trade and tensions in the Middle East.
EXCHANGE-TRADED funds (ETFs) are one of the fastest-growing asset classes in the world, yet their growth in Malaysia has been extremely poor.