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New start for Penang resort

Shangri-La's Rasa Sayang Resort Spa in Penang will reopen for business on Sept 28 following a RM100mil redevelopment programme.

Banking need not be boring

WHO says banking has become boring again? For Malaysian banks, it is back to basics but the playground has indeed been enlarged.

China launches Nasdaq-style tech board in Shanghai, expects challenges

SHANGHAI: China on Thursday officially launched Shanghai's Nasdaq-style tech board, with the country's top securities regulator cautioning that the hotly-anticipated STAR Market will face various challenges initially.

Firms set prices for IPOs on China’s Nasdaq-style tech board

SHANGHAI: Nine Chinese companies, among the first to float on China’s red-hot Nasdaq-style tech board, announced prices of their new share offers yesterday, taking advantage of investor fervour to market themselves at valuations some view as lofty.

China shares fall as June producer prices fuel growth, deflation fears

SHANGHAI: Chinese shares fell on Wednesday as flat producer price inflation fuelled concerns about domestic growth, and a flood of initial public offerings targeting Shanghai’s new tech board diverted funds from the rest of the market.

Companies surge on day one of trade on China's own Nasdaq style market

SHANGHAI: China's new Nasdaq-style board for homegrown technology firms started trading on Monday, with most of the stocks surging in their debut.

Trading frenzy grips China’s new market

SHANGHAI: They propelled a little-known semiconductor manufacturer to a 521% surge, traded a mid-sized railway company 13 times more feverishly than the world’s largest bank and valued a chipmaking-gear producer at an eye-watering 730 times earnings.

Top investors lose $1bil as China's Nasdaq-style board reverses on day 2

SHANGHAI: The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires.

Stock frenzy in China’s new trading venue is already fading

SHANGHAI: The frenzy that greeted China’s new Nasdaq-style stock board is already fading.