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KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has assigned a rating of AA-IS to Top Glove Corporation Bhd unit TG Excellence Bhd’s proposed RM3bil perpetual sukuk wakalah programme.
KUALA LUMPUR: Investors are going bargain hunting in Malaysia as they expect government policy changes to start bearing fruit.
NEW YORK: Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries amid the outbreak of a virus in China outweighed concern over disruptions to Libya's crude output.
NEW YORK: World stock markets gained back some ground on Wednesday as investors took heart from measures to curb the spread of a flu-like virus from China, while oil prices tumbled on a forecast for a market surplus.
NEW YORK: Wall Street lost ground on Tuesday, backing away from record highs as a viral outbreak from China found its way to U.S. shores and the International Monetary Fund (IMF) lowered its global economic growth forecast.
COPENHAGEN: The Nordic real estate market attracted more investor cash than ever before last year, and it’s now getting even hotter.
BENGALURU: Gold prices rose to a two-week high as the spread of a new virus in China stoked fears of a wider epidemic, sparking a sudden bout of risk aversion and sell-off in Asian stocks.
Singapore: Investors in Singapore’s struggling water treatment firm Hyflux Ltd trickled out of a windowless hall in a downtown convention centre late Monday night.
PETALING JAYA: While investments in Asia have grown rapidly, the scale is not in tandem with improving profitability as Asian companies drag global economic profit down, according to McKinsey Global Institute.
KUALA LANGAT: The concessionaires of four highways in the Klang Valley hope the government will be able to make a decision on the takeover of the highway concessions latest by end-March this year.