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OM Materials sinter plant to begin operations soon

KUCHING: OM Materials (Sarawak) Sdn Bhd’s (OM Sarawak) ferroalloy smelting plant in Samalaju Industrial Park, Bintulu, will be able to reduce the production cost of manganese alloys when its new sinter plant is commissioned soon.

The tech funding experience on ASX

While the Singapore and Hong Kong stock markets are on the radar of a few Malaysian companies looking to list abroad, it is the Down Under that has the attention of those in the tech sector.

Australia’s ASX preparing for negative interest-rate trading

Singapore: Australia’s ASX Ltd is testing its systems for the trading of negative interest-rate products, underscoring how markets are preparing for the potential introduction of quantitative easing in yet another Group-of-10 nation.

Australia's ASX prepares for negative interest rate trading

SYDNEY: Australia’s ASX Ltd. is testing its systems for the trading of negative interest rate products, underscoring how markets are preparing for the potential of quantitative easing in yet another Group-of-10 nation.

Australia's AMP says US$2.3b life unit sale 'unlikely' to proceed

SYDNEY: Australian wealth manager AMP Ltd.’s planned overhaul of its scandal-hit business is in tatters after the A$3.3 billion ($2.3 billion) sale of its life unit collapsed.

More M’sian tech firms eye listing on ASX

KUALA LUMPUR: More Malaysian companies, especially technology-related ones, are looking to the Australia Securities Exchange (ASX) to raise funds.

Four children arrested in drug raid

JOHOR BARU: A gun and 60 bullets kept inside a sling bag are among the items seized from 10 people suspected to be involved in a drug distribution racket.

Malaysian stocks stage strongest rise in Asia

PETALING JAYA: The FBM KLCI put up strong gains in yesterday’s trading session, rising 19.62 points or 1.15% to 1,726.18 points by the end of the day, recording its third day of gains. All Asian markets with the exception of Australia’s ASX rose, with gains in Malaysia being the strongest compared to other Asian markets

TPG raises US$4.6b for Asian PE fund, exceeds target

KUALA LUMPUR: Global alternative asset firm TPG's latest Asian focused private equity fund, TPG Capital Asia VII raised over US$4.6bil (RM18.73bil) in commitments, exceeding its target.