Markets

Bharti Airtel bonds jump most in 5 years

SINGAPORE • Bharti Airtel Ltd’s dollar-denominated bonds due in 2023 surged the most in five years after the company offered to buy back the securities at ...

DPI appoints Affin Hwang for IPO

by TMR
DPI Holdings Bhd has appointed Affin Hwang Investment Bank Bhd as the principal advisor, sponsor, underwriter and placement agent for its ...

Airport REIT proposal to monetise assets but complexities loom

By NG MIN SHEN / Pic By TMR
The proposed airport real estate investment trust (REIT) would allow the government to monetise its infrastructure assets, ...

Total wins 40% stake in Adnoc gas concession

By BLOOMBERG
DUBAI • Abu Dhabi National Oil Co (Adnoc) granted Total SA a 40% stake in an unconventional gas concession to help boost the emirate’s ...

Polarisation easing a sign trades loosen

The gauge has fallen after the October rout, entering a range that’s considered safe for the market
by BLOOMBERG NEW YORK • A model that plots ...

A Santa rally and stellar 2019: Allianz GI’s Asia stocks calls

By BLOOMBERG
HONG KONG • A US$4.3 t rillion (RM18.06 trillion) wipeout in Asian equity markets hasn’t stopped the CIO for Asia Pacific at Allianz ...

Will ICOs prevail? Let’s give them 5 years

by AARON BROWN
E&Y recently published a damning analysis of 2017’s initial coin offerings (ICOs). The odd thing is it concentrates on the financial ...

CEO Thiam says Credit Suisse isn’t planning further trading cuts

By BLOOMBERG
ZURICH • Credit Suisse Group AG’s CEO Tidjane Thiam (picture) said the bank won’t further cut back its global markets business ...

Nike, LVMH back up China’s piracy efforts

By BLOOMBERG
SHANGHAI • Nike Inc and LVMH, who have struggled against knockoffs of their famous products, are sticking up for China when it comes to ...

APA plunges most since 2008 on blocked CK bid

By BLOOMBERG
SYDNEY • Australian pipeline operator APA Group fell the most in a decade after the government blocked CK Group’s proposed A$13 billion ...

PBoC raises RM12b in bill sale in Hong Kong

By BLOOMBERG
HONG KONG • The People’s Bank of China (PBoC) sold 20 billion yuan (RM12.07 billion) of bills in its first issuance in Hong Kong ...

This time, stocks got it right

By BLOOMBERG
NEW YORK • For once, the consensus came true. Markets got it right and no violent repricing in equities was needed. A divisive episode of ...