World

Abraaj investors are said to prefer US$1 Actis bid

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

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

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

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

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

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

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

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

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

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

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

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