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NEW YORK: Key world equity indexes scaled new highs on Friday, boosted by a surge in U.S. housing starts to levels last seen in 2006, while the greenback rose to a one-week high against the euro on expectations of solid economic growth.
We are now officially in 2020 – a new year, the beginning of a new decade – with fresh memories and success stories, new opportunities, new goals or a chance to make right with what went wrong.
KUALA LUMPUR: Malaysia’s sovereign fund and Telenor ASA have revived talks on a potential deal involving Axiata Group Bhd, people familiar with the matter said, just four months after the carriers scrapped negotiations on a broader merger of their Asian operations.
KUALA LUMPUR: Affinity Equity Partners Ltd is considering selling Island Hospital Bhd, a medical hospital in Malaysia, according to sources.
HONG KONG/BEIJING (Reuters) - Ant Financial shares are being offered privately at levels which value the Chinese financial giant at US$200bil, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies.
KUALA LUMPUR: Malaysia’s sovereign fund and Telenor ASA have revived talks on a potential deal involving Axiata Group Bhd., people familiar with the matter said, just four months after the carriers scrapped negotiations on a broader merger of their Asian operations.
JAKARTA (Reuters) - Indonesian President Joko Widodo said on Thursday that a planned sovereign wealth fund to finance infrastructure projects in Southeast Asia's biggest economy will raise at least US$20bil once established.
PETALING JAYA: Over RM10 million was spent on the first day of the e-tunai Rakyat initiative, says Finance Minister Lim Guan Eng.
KUALA LUMPUR: Malaysia is considering the merits of having the state control its biggest companies, after moves to break up their dominance in sectors from the Internet to electricity led to declines in Asia’s worst major stock market.
KUALA LUMPUR: Khazanah Nasional Bhd and the Employees Provident Fund (EPF), the owners of PLUS Malaysia Bhd, have not been formally engaged by the government on the sale of the highway concessionaire although the government has reportedly received takeover offers from several companies.