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ZURICH: BlackRock (pic) and Jean-Pierre Mustier's blank-check firm are among investors expressing interest in Credit Suisse's asset management arm, three sources told Reuters, as the Swiss lender explores options for the unit after a run of costly scandals.
NEW YORK: The S&P 500 and the Dow notched record closing highs on Friday after solid U.S. inflation data and an uptick in Treasury yields suggested the economic recovery from the pandemic-related recession was gaining momentum.
THE merger between Celcom Axiata Bhd and Digi.Com Bhd opens an interesting question of whether a similar merger of equals in the banking sector also needs to take place.
I WAS on my usual weekend hawker rounds in PJ last week, when an elegant lady approached me. I am so glad to see you at places where ordinary people gather – check out the prices: everything is up; not just among hawkers but also in wet markets, among fish-mongers & chicken sellers, as well as in supermarkets and street vendors.
KPOWER Bhd (code:7130) made a strong advance towards the 50-day simple moving average (SMA) yesterday, which ended the sideways trading it has been seeing since March.
Company to look at affordable housing in new projects
Company seeks growth in building direct-to-consumer brands, aims to triple revenue this year
It was overall a good week in Malaysian equities although the bourse was a late joiner to the global optimism.