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Business

Alibaba, Aramco share sale fails to deliver windfall

HONG KONG: A late-year rush of giant global share sales led by Alibaba’s US$13bil Hong Kong listing and Aramco’s US$26bil initial public offering is failing to deliver an equivalent payday for equities bankers.

Business

KIB completes acquisition of 100% stake in Libra Invest

PETALING JAYA: Kenanga Investors Bhd (KIB), an asset management subsidiary of Kenanga Investment Bank Bhd, has completed the acquisition of a 100% stake in Libra Invest Bhd, a fund management arm of ECM Libra Financial Group.

Business

What Deutsche bank employees are saying about the 18,000 global job cuts

HONG KONG: Whole teams within Deutsche Bank AG have been told their positions were gone, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.

Education

Pushing hard for holistic vocational education

JALAN Hang Jebat in Kuala Lumpur is home to a host of venerable educational institutions. Within a one-kilometre radius of Stadium Merdeka, one can find Victoria Institution, Methodist Boys’ Secondary School, SM Stella Maris, SMJK Confucian, and SJKC Jalan Davidson (Jalan Hang Jebat’s former name).

Eat And Drink

Food

SOUTH SEA SEAFOOD RESTAURANT: The restaurant boasts exotic seafood like geoduck, Australian lobster, estuary tiger garoupa, Sri Lankan crab, Japanese escargot, fresh abalone, mantis prawn and Empurau fish.