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Telcos seek a minimum 51% stake in DNB
PETALING JAYA: Malaysia’s four largest telecommunications firms are seeking a majority stake in a state 5G agency, countering a proposal by the government to offer them minority ownership, according to a letter sent by the firms to the Finance Ministry (MoF).
Malaysia's biggest telcos seek majority stake in 5G agency
KUALA LUMPUR: Malaysia's four largest telecommunications firms are seeking a majority stake in a state 5G agency, countering a proposal by the government to offer them minority ownership, according to a letter sent by the firms to the finance ministry.
After SPAC mania, startups face cash crunch
NEW YORK: Two years into the special-purpose acquisition company (SPAC) merger boom for electric-vehicle (EV) startups, companies are having a tough time finding cash to actually produce cars.
Wood, Musk in dumb money on index investing
Contrary to the pair’s debate on Twitter, passive investing continues to benefit small investors, not harm them.
Eye on Musk’s next move in Twitter takeover bid
DETROIT: Twitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company, leaving investors to wonder about the mercurial Tesla chief executive officer’s (CEO) next move.
What Twitter’s ‘poison pill’ is supposed to do
NEW YORK: Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” – a financial device that companies have been wielding against unwelcome suitors for decades.
OCBC Bank launches sustainability-linked floating rate negotiable instruments of deposits
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) has launched its maiden Sustainability-linked Floating Rate Negotiable Instruments of Deposits (FRNID) that incorporates environmental, social and governance (ESG) elements.
Commercial interests should not trump financial prudence
CONSUMER spending is an important economic indicator when it comes to gauging the health of an economy.
How India’s much-hyped global bond index inclusion unravelled
FOR months, India prepared for a remarkable milestone: getting its bonds listed on global indexes. Inclusion was perceived as a crucial step change for the US$1 trillion (RM4.23 trillion) market.
