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Markets 12 May 2021 | 4:58 PM

Taiwan stock crash shows world dangers of too much leverage

Few things evoke fear in equity markets like a margin call. On Wednesday that fear turned into panic in Taiwan, offering another warning for the world on what can happen when leverage unwinds.

Business 04 May 2021 | 7:00 AM

Arabian Drilling planning Saudi IPO

JEDDAH: Arabian Drilling Co, a Saudi oilfield-services company partly held by Schlumberger NV, is preparing an initial public offering (IPO) that could give it a valuation of around US$2bil (RM8.2bil), according to people familiar with the matter.