Markets

Aramco hype meets reality as bonds drop despite bumper sale

Given the order size at the sale, many investors expected Aramco would get away with lower yields than the govt
By BLOOMBERG DUBAI • The slump in Saudi ...

Corporate results: DWL Resources, Ireka, JAKS Resources and KNM

DWL inks pre-bid consortium agreement with Gadang DWL Resources Bhd’s wholly-owned subsidiary, Million Rich Development Sdn Bhd, has entered into a ...

A RM25t reason to buy into Asian equities

By BLOOMBERG
HONG KONG • If BlackRock Inc CEO Larry Fink is right and global stocks are poised for a “melt up” scenario, several of Asia’s markets may ...

RHB: Market volatility temporary

The volatility in the FBM KLCI has more to do with external factors, says MD
By DASHVEENJIT KAUR / Pic By ISMAIL CHE RUS The bearish sentiment on Bursa ...
Axiata

Axiata get tax bill of RM1.45b

Axiata Group Bhd’s subsidiary, Ncell Private Ltd, has received a letter from the Large Taxpayers Office (LTPO) in Nepal on the matter of outstanding ...

German economy turns underperformer with outlook cut

By BLOOMBERG
BERLIN • The German economy is turning into Europe’s underperformer, with the government now predicting 2019 will see the weakest ...

Deripaska’s car group may go bankrupt under sanctions

By BLOOMBERG
MOSCOW • Oleg Deripaska, the Russian billionaire under US sanctions, said his car business GAZ Group may not survive if the company isn’t ...

China’s steel machine revs up to record to feed infrastructure

By BLOOMBERG
SHANGHAI • China’s steel industry notched another production record in the first quarter (1Q), spurred by consumption in the ...

PBoC replaces just half of medium-term funds

By BLOOMBERG
BEIJING • China’s central bank only rolled over about half of the funds coming due through one of its policy tools yesterday. The People’s ...

Foreign investors dream of a world with China bond futures

By BLOOMBERG
SINGAPORE • Foreign fund managers are pretty clear about what they want now that China’s bonds are joining a key global index: A better ...

Ringgit weakens on possible bond exclusion in WGBI

From a technical standpoint, the ringgit appears to be at an oversold position, says economist
by FARA AISYAH / pic by BLOOMBERG THE ringgit has ...

China home price growth accelerates after credit makes comeback

By BLOOMBERG
SHANGHAI • New-home price growth in China snapped a fourmonth weakening streak, one of the first official signs there may be a widespread ...