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SYDNEY: A consortium led by Macquarie Group Ltd is exploring a rival offer for Sydney Airport, in a potential challenge to IFM Investors Pty’s A$22.3bil (US$17bil or RM70.92bil) bid, people with knowledge of the matter said.
KUALA LUMPUR: Bursa Malaysia slumped in early Thursday trade on concerns about the political outlook for the country while the Covid-19 cases surged to a fresh high on Wednesday amid calls for stricter curbs.
KUALA LUMPUR: Consumer stocks were among the top losers on Bursa Malaysia on Wednesday as investors locked in recent gains on uncertainties in the market and political concerns.
SYDNEY: Asian stocks wobbled on Tuesday as investors awaited developments in U.S. tax reform efforts, while contemplating if a marked flattening in the U.S. yield curve might ultimately be a harbinger of an economic slowdown there.
AS Bill O’Reilly’s stock fell this month, shares in Sky Plc were rising.
SINGAPORE: Societe Generale SA has come up with a way for investors to profit from the UK’s referendum on whether to remain in the European Union (EU) whatever the outcome: bet on a jump in gold volatility.
NEW YORK/PARIS: President Barack Obama dismissed on Thursday any prospect that he might intervene to help BNP Paribas bank, which risks losing one of its most senior executives over US allegations of sanctions busting.
PETALING JAYA: Property developer Malaysia Pacific Corp Bhd (MPCorp) and its unit Oriental Pearl City Properties Sdn Bhd have been ordered by the Kuala Lumpur High Court to pay some RM113mil to AmanahRaya Development Sdn Bhd (ADSB) which had brought a suit against the former.