Blackstone’s Gray expects ‘new cycle’ for real estate market
Blackstone Inc president Jon Gray says that the world’s largest alternative asset manager is ready to pounce on a pickup…
Corporate News
Sik Cheong to expand vegetable oils business post-IPO
Sik Cheong Bhd aims to raise RM17.8mil via an initial public offering (IPO) exercise on the ACE Market of Bursa…
Five decades of innovation and inspired creations
As S P Setia Bhd celebrates its 50th anniversary this year, the property developer said it will continue its commitment…
Airline earnings underscore discounting pressure
United Airlines forecast a lower-than-expected profit in the current quarter and announced plans to cut capacity, providing further evidence that…
Haily wins RM77mil contract
Haily Group Bhd has secured a RM76.65mil contract to construct 171 link houses in Johor Baru for a project undertaken…
Five Below slumps to a low as analysts worry
Wall Street’s enthusiasm for Five Below Inc plummeted along with its shares Wednesday, with the departure of its long-time chief…
Sustainability sukuk by Samaiden
Samaiden Group Bhd has established multi-currency sustainability sukuk Wakalah programmes of RM1.5bil in total as part of its strategic financial…
Many US solar factories are lagging except those that China owns
Construction of US solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the nascent industry, as…
Morgan Stanley sells US$8bil of bonds
Morgan Stanley became the latest big Wall Street bank to tap the US investment-grade market after reporting earnings, as strong…