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Tuesday, October 15, 2019

Tag: investment

Nepal hopes for Chinese financing during Xi visit

China president wants to enhance connectivity between 2 countries.

Softbank’s plans for second mega-fund hit by WeWork debacle

Masayoshi Son is still determined to go ahead with Vision Fund 2 even though some lieutenants have urged a delay.

Malaysian millennials save money but don’t invest, survey finds

But they are quite disciplined and follow monthly budgets.

Trade war hasn’t stopped Wall Street’s US$9 billion China rush

Foreign banks and securities companies could rake in profits of about US$9 billion a year in China by 2030.

Saudi Arabia opens doors to foreign tourists

Visas will be available online for about US$80 (£65), with no restrictions for unaccompanied women as in the past.

DRB Hicom to gain from Proton’s positive growth

National carmaker expected to be back in the black for the financial year of 2019.

Profiting from trade war, China fund jumps 54% in first year

Xu Xiaoyong’s bet that domestic tech companies will see more demand from larger companies as a result of the trade war has led to huge returns for his fund.

Honda Accord hybrid production in Thailand, not Malaysia

Honda Motor Japan is making the move to take advantage of Thailand's tax incentives for manufacturing greener cars.

SoftBank pushes WeWork to postpone its contentious IPO

In the span of a few months, WeWork has gone from one of America’s most valuable unicorn startups to a punchline in investment circles.

Elliott Management calls for AT&T shake-up as Trump piles on pressure

News of Elliott Management's stake helped push AT&T's stock price up more than 4%.

Khanazah in link-up talks with Abu Dhabi’s Mubadala

Mubadala Investment Company is the sovereign wealth fund of Abu Dhabi and owns International Petroleum Investment Company, which was in a US5.85 billion dispute with 1Malaysia Development Bhd.

Touching 40? Here are 13 reasons to review your finances

This checklist will get you back on track if you've let your finances fend for itself for too long.

Deutsche Bank CEO investing monthly pay in bet on shares

Deutsche Bank AG’s Christian Sewing, invested 15% of his monthly net salary in the lender’s shares, starting with a €22,144 (US$24,303) investment.

EPF lets everyone be an investor. Should you?

A financial planner voices concern about fees and what members get in return, but EPF says it's about giving members more options.

Yes, ‘impossible’ dreams can be achieved

Here's a true MyPF story from a client about personal finance and how smart savings paves the way to financial success.

Overwhelming public approval for Penang’s LRT project, says CM

Penang chief minister says fewer than 3% of almost 3,000 people who viewed the LRT plans on public display are against it.

What if you retire without owning any property?

Invest your money and do buy a property to stay in when you retire and your income stops.

Startup ThoughtSpot raises US$248 mil at US$1.95 bil value

ThoughtSpot’s valuation has doubled in the span of five quarters as companies use its search and artificial intelligence-powered analytics.

Turkish billionaire plans US$890 million asset sale to cut debt

Like many other Turkish companies Dogus Holding AS is struggling to repay foreign-exchange loans after the lira plunged.

Ride-hailing firm Grab to invest US$500 mil in Vietnam

The announcement follows Grab's July statement to invest US$2 billion in Indonesia, Southeast Asia’s most populous market.

Buy gold ‘at any level’, says veteran investor as central bankers...

With the US Treasury market signalling that a recession may be on the horizon, investors have been swarming into bullion-backed exchange-traded funds.

Pros and cons of 5 popular investments in Malaysia

If you’re completely new to investing, your first venture should be a combination of the these. Mix-and-match and watch your money grow.

Hong Kong protests benefit Thai luxury developers

Buyers from mainland China and Hong Kong are top property investors in Thailand's ultra-luxury condominiums which includes a 52-story Bangkok tower.

A US$1.6 bil horror as Ghana investors can’t get their savings

The crackdown on Ghana’s banking system leaves Ghanaians unable to access their savings.