Money

Bayer to Qualcomm Suffer as EU Makes Time Stand Still on Big M&As

Merger watchdogs are ‘stopping clock’ in many in-depth reviews as mega deals now often see 2 freezes, adding months to closure
by GASPARD SEBAG / ...

Why China’s bond sell-off is not luring back banks

HONG KONG • Banks — the most powerful group in China’s bond market — may hold the key to reversing the nation’s sovereign debt sell-off. Problem is, ...

HK defies bears as jobless rate sees decline

HONG KONG • Hong Kong’s economy continues to defy its sceptics.
It was meant to be the year when monetary tightening from the US Federal Reserve — ...
IKEA Tebrau

South-East Asia’s largest IKEA opens doors in Johor

It is one of many expansion plans that IKEA is looking into, says retail director
By KEVIN WONG / Pic By BERNAMA The largest IKEA in South-East Asia ...

The Internet of Tomatoes is Coming, Starting With Boston Salads

An ex-banker at Wells Fargo and a former executive at Nasdaq start Ripe, which uses blockchain in agriculture, and has big aspirations to weave it ...

China throws lifeline to builders facing wall of debt

Shanghai • Chinese developers facing a looming wall of debt repayments have been thrown a lifeline by regulators easing access to offshore financing. That ...

Investors lose faith in SMIC as earnings disappoint

HONG KONG • Investor confidence in top stock Semiconductor Manufacturing International Corp (SMIC) is starting to turn, with the shares plummeting 15% in ...

Financial Engineering Sin No More as Natixis Digs Complexity

Natixis CEO Mignon spurns more straightforward trading businesses in favour of complex transactions that can be more lucrative as record-low interest ...
KKR

KKR said to raise RM1.3b via Qingdao stake sale

by BLOOMBERG
HONG KONG • KKR & Co raised about US$299 million (RM1.25 billion) selling part of its stake in Chinese home-appliance maker Qingdao ...
TNB

TNB allocates RM1.4m for IJN’s family stays

By SHAHEERA AZNAM SHAH / Pic By MUHD AMIN NAHARUL
Tenaga Nasional Bhd (TNB) plans to allocate RM1.4 million for the upgrades of temporary accommodation ...

Negaraku Expo 2017 expected to showcase govt initiatives

The month-long event utilises the latest technology that promotes interactive methods
By D KANYA KUMARI / Pic By MUHD AMIN NAHARUL The ...

JPMorgan sees China deals heating up

DANANG • China is poised for an acceleration of deals as confidence grows in the wake of last month’s Communist Party gathering and as the nation opens up ...