Posts Tagged ‘investments’

Naspers eyes fintech deals in RM4b India push

By BLOOMBERG
JOHANNESBURG • Naspers Ltd wants to spend about US$1 billion (RM4.09 billion) in India this year as it scours the globe for investments ...

Streaming costs pile up as media giants try to be like Netflix

It takes deep pockets to be like Netflix, which will spend about RM57b on content this year
By BLOOMBERG NEW YORK • Media giants are ...

Kuwait said to plan RM41b fund with China

By BLOOMBERG
DUBAI • Kuwait is planning to create a US$10 billion (RM40.74 billion) fund with China to invest in the two countries, according to people ...

SoftBank’s Son seeks to close valuation gap with share buyback

TOKYO • SoftBank Group Corp is buying back as much as ¥600 billion (RM22.48 billion) of stock, as founder Masayoshi Son steps up efforts to close the ...

Retail sector to see lower growth this year, says RGM

The association projects a 4.5% growth rate for the nation’s retail sector in 2019, slightly lower than the 4.7% forecast in 2018
by SHAHEERA AZNAM ...

Five foreign investors pulled out since May 9

By P PREM KUMAR & DASHVEENJIT KAUR / Pic By MUHD AMIN NAHARUL
Five foreign manufacturing companies with total investments of RM308.7 million have ...

Total deals in SE Asia to hit RM293b over next 5 years

A steady influx of new venture capital and PE participants has soared to record levels driven by interest in the tech sector
By NUR HAZIQAH A MALEK / ...

Altaba will raise RM17.8b by exiting Yahoo Japan

HONG KONG • Altaba Inc, the holding company formed from the overseas investments of the former Yahoo! Inc, will raise about US$4.34 billion (RM18.01 ...

E&O’s 1Q earning falls 33%

by TMR
Eastern & Oriental Bhd’s (E&O) net profit for the first quarter (1Q) ended June 30, 2018 declined 33.52% year-on-year (YoY) to ...

Lim: EPF did not lose RM6b

by DASHVEENJIT KAUR / pic by TMR file
The Ministry of Finance has rebutted claims that the Employees Provident Fund (EPF) has reported a loss of RM6 ...

Central banks are ramping up their risk taking

LONDON • Central banks are ramping up their risk taking.
The days of plain old bonds and gold are over as central banks bet some of their trillions of ...

EU is ready to retaliate as trade dispute grows

BRUSSELS • The European Union (EU) says it will continue a tit-for-tat escalation in its trade dispute with the US while countering President Donald ...