MMHE seeks more opportunities in RE
After posting a negative bottom line in its previous financial year (FY), Malaysia Marine and Heavy Engineering Bhd (MMHE) will…
Firms that dropped degree requirements are hiring college grads
Bank of America Corp and Lockheed Martin Corp are falling short on promises to hire more workers without college degrees,…
World’s first sovereign transition bonds debut in Tokyo
In a world first, Japan auctioned sovereign climate transition bonds yesterday although the bonds met with slightly weaker-than-expected demand.
Developer China South City’s woes test state
A Chinese property developer that’s partially owned by a state-run firm has issued its strongest warning yet over a bond…
NEC spurns offers for stake in iPhone supplier
Japan’s NEC received multiple buyout offers from global private-equity funds for iPhone supplier Japan Aviation Electronics Industry (JAE) before agreeing…
Adani Green Energy likely to tap US dollar bond market
India’s Adani Green Energy is likely to raise US$500mil by issuing US dollar bonds in March, two officials aware of…
JGB yields track US peers up as investors weigh weak yen
Japanese government bond (JGB) yields rose yesterday, tracking their US peers at the same time that a weakened yen ramps…
First highway business trust en route for listing
Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust (Prolintas Infra BT) has signed an underwriting agreement for…
Aussie office owner Dexus reports big half-year loss
Australian property firm Dexus has reported its second-steepest half-year loss since 2008 as higher rates slashed roughly A$600mil (US$387.24mil) off…