World

Abraaj investors are said to prefer US$1 Actis bid

Markets | World
By BLOOMBERG
LONDON • Actis’ US$1 (RM4.10) bid for the Middle East and North Africa private-equity (PE) operations of Abraaj Group is favoured by ...

Philippines raises typhoon Mangkhut death toll to 81

News | World
by BERNAMA / pic by REUTERS
The death toll caused by the powerful typhoon Mangkhut which battered the Philippines over the last weekend has risen ...

Indonesia billionaire family reshuffles empire

Markets | World
By BLOOMBERG
JAKARTA • South-East Asia’s billionaire Riady family is rejigging its healthcare holdings as its core property business grapples with the ...

Marsh & McLennan to buy JLT for RM 23.2b

Markets | World
By BLOOMBERG
ROME • Marsh & McLennan Inc agreed to buy Jardine Lloyd Thompson (JLT) for about £4.3 billion (RM23.22 billion) to expand its global ...

Japanese billionaire businessman revealed as SpaceX’s 1st moon traveller

Business | World
Maezawa, 42, will be the 1st lunar traveller since the last US Apollo mission in 1972
By AFP HAWTHORNE • A Japanese billionaire and ...

Rising flood waters from Florence menace Carolinas

World
by REUTERS
WILMINGTON/FAYETTEVILLE, N.C. – Rising flood waters threatened communities across the Carolinas on Tuesday as storm Florence ...

Fiat mulls new Marelli offers after low KKR bid

World
By BLOOMBERG
MILAN • Fiat Chrysler Automobiles NV will evaluate other potential buyers for its Magneti Marelli parts unit because the carmaker views a ...

No-deal Brexit will be costly to UK, says IMF

Economy | World
By BLOOMBERG
LONDON • The International Monetary Fund (IMF) added its voice to calls for UK Prime Minister (PM) Theresa May to strike a Brexit deal ...

Turkish lira slides as Isbank fallout dilutes support from rate hike

Markets | World
By BLOOMBERG
ISTANBUL • The Turkish lira led declines across emerging-market currencies for a second day as concern over President Recep Tayyip ...

Historic Kim summit may make or break Moon’s South Korean presidency

World
By BLOOMBERG
SEOUL • Moon Jae-in (picture) has more than world peace riding on a successful summit with North Korean leader Kim Jong-un this ...

Noble Group’s creditors seek to draw a line under crisis

Markets | World
By BLOOMBERG
SINGAPORE • Noble Group Ltd plans to introduce the schemes of arrangement that underpin its restructuring this week, a key step in the ...

Indonesia’s Go-Jek said to be in talks to raise at least RM8.3b

Business | World
The start-up plans to close the funding round, which will be used to fuel an accelerated expansion overseas, in several weeks
By ...