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Business 04 May 2019 | 12:00 AM Premium

YTL cements its position

YTL Corp Bhd’s acquisition of a 51% controlling stake in Lafarge Malaysia Bhd has lit up an otherwise dreary merger and acquisition scene in Malaysia.

Business 06 Mar 2017 | 12:00 AM

RAM: Value of global sukuk issuance expected to be lower this year

PETALING JAYA: Global sukuk issuance for 2017 is expected to be slightly lower than last year in combined value, amid the ramping up of infrastructure-led projects in core sukuk markets.

Business 08 Jan 2016 | 12:00 AM

European banks set for more job cuts

HONG KONG: European banks are set to trim more jobs in Asian equities, industry insiders said, as global cost-cutting reaches peripheral businesses in a region where a drop in Chinese trading volumes and local competition have hit profits.

Business 08 Jul 2015 | 12:00 AM

Slowdown in sukuk issuance, yields come down

KUALA LUMPUR: The strong demand for Islamic debt papers by foreigners appears to be reaching a plateau. According to analysts, the demand for Islamic bond papers from foreign investors in the last one year has pushed up prices and subsequently the yields have come down.

Business 07 Jul 2015 | 4:45 PM

S&P sees worldwide sukuk issuance setting to stall in 2015

KUALA LUMPUR: Standard & Poor's Ratings Services foresees the global Sukuk market heading toward a correction in 2015 after Bank Negara Malaysia (BNM) -- one of the largest issuers of Sukuk worldwide -- stopped issuing earlier this year.

Football 05 Jun 2015 | 1:52 PM

Brazil football probe to put harsh glare on Nike, other sponsors

SAO PAULO/BRASILIA (Reuters) - Nike Inc and some other big international companies face a grilling over their powerful role in Brazilian football as a former star player turned senator vows to expose what he describes as suspect marketing contracts and their links to corrupt payments.

Business 20 Jun 2012 | 12:00 AM

Race to win bigger slice of regional insurance market heating up

KUALA LUMPUR: The race to win a bigger slice of South-East Asia’s insurance market is heating up as AIA Group, Manulife and Prudential plc compete for mid-size acquisitions in the region totalling up to US$1bil (RM3.18bil), sources said.

Other Sport 19 Jun 2012 | 12:00 AM

Insurance giants jostle for slice of Southeast Asia market

SINGAPORE/HONG KONG (Reuters) - The race to win a bigger slice of Southeast Asia's insurance market is heating up as AIA Group, Manulife and Prudential PLC compete for mid-size acquisitions in the region totalling up to $1 billion, sources said.

Other Sport 19 Jun 2012 | 12:00 AM

Insurance giants jostle for slice of Southeast Asia market

SINGAPORE/HONG KONG (Reuters) - The race to win a bigger slice of Southeast Asia's insurance market is heating up as AIA Group, Manulife and Prudential PLC compete for mid-size acquisitions in the region totalling up to $1 billion, sources said.