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KUALA LUMPUR: Property tycoon Tan Sri Lee Kim Yew pared down his shareholding in loss-making Metronic Global Bhd after selling 123 million shares on Thursday, a filing with Bursa Malaysia showed.
US office-sharing firm WeWork on Thursday said it will sell control of its China division to one of its investors - private equity firm Trustbridge Partners - as it steps back from a competitive market where it has suffered low-occupancy rates.
KUALA LUMPUR: Coworking space firm WORQ has secured RM10mil in funding from seven follow-on investors, including the regional investment group Phillip Capital.
PEOPLE who don’t want to decide on whether to buy, hold or sell their stocks can consider investing through asset management companies.
Group aims to grow market share in NZ, Australia
STOCKHOLM: Ericsson has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on Friday.
NEW YORK: U.S. stocks fell on Thursday as technology-related shares slid for a second day and as government data showed high levels of weekly jobless claims
Companies brace for energy of the future – hydrogen
NEW YORK: Apple Inc rolled out a new virtual fitness service and a bundle of all its subscriptions, Apple One, focusing a holiday-season product launch on services that are the backbone of Apple's growth strategy and that cater to customers working at home during the COVID-19 pandemic.