SINGAPORE: Indonesia's PT Bank CIMB Niaga Tbk is exploring an initial public offering of its Islamic banking arm after the unit is made independent, with a potential listing as early as 2028, two people with knowledge of the matter said.

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INDONESIAN stocks fell 7.9% on Wednesday after index provider MSCI flagged investability risks and said it would apply an interim freeze on certain index-related changes, adding pressure to a market already weighed down by persistent outflows.

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HONG KONG: China's Hong Kong has turned heads globally with its initial public offering bonanza expected to steam along in 2026, luring investors who are drooling over Chinese assets bolstered by the country's growth prospects.

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INDONESIAN stocks slumped 7% on Wednesday after index provider MSCI flagged investability risk citing a lack of transparency in ownership structure and free float data, and raising the possibility of downgrading Indonesian equity markets.

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KUALA LUMPUR: Malaysia's exports rose by RM14.3 billion or 10.4 per cent year-on-year to RM153 billion in December 2025, said the Department of Statistics Malaysia (DOSM).

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KUALA LUMPUR, Jan 28 — Both Malaysia’s export and import volume indices increased 13.8 per cent and 4.0 per...

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KUALA LUMPUR: The ringgit strengthened to 3.9170 against the US dollar at Wednesday's lunch break, extending gains from earlier sessions on renewed market confidence.

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KUALA LUMPUR: Both Malaysia's export and import volume indices increased 13.8 per cent and 4.0 per cent in December 2025, respectively, according to the Department of Statistics Malaysia (DOSM).

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KUALA LUMPUR: Kinergy Advancement Bhd has entered the independent power producer (IPP) space after agreeing to dispose of a 49% stake in JATI Cakerawala Sdn Bhd, its investment vehicle for a proposed full-new built gas turbine power plant, to Thailand'...

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KUALA LUMPUR: Sasbadi Holdings Bhd said it is exploring a potential collaboration with Intel Micorelectronics (M) Sdn Bhd and Maistorage Technology Sdn Bhd in the education technology sector.

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TOKYO: Oil prices gained further ground on Wednesday as supply concerns lingered after a winter storm disrupted U.S. crude output and exports, while Middle East tensions lent additional support.

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KUALA LUMPUR: The FBM KLCI slumped 0.7% as traders took profit ahead of earnings releases from the US's tech sector and the Federal Reserve's interest rate decision later this week.

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Analysts say the dollar’s recent weakness reflects broader concerns about Washington's policy direction and investor confidence in US assets.

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LONDON, Jan 28 — Britain’s National Wealth Fund said today carbon capture, the power grid and battery manufa...

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SYDNEY: Australia's underlying inflation ran at a faster-than-expected pace in the December quarter, adding to a recent slew of hot economic data that has fuelled market expectations of an interest rate hike as soon as next week.

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GOLD broke through $5,200 for the first time on Wednesday, after rising more than 3% on Tuesday, as the dollar plunged to a near four-year low amid persisting geopolitical concerns, ahead of a U.S. Federal Reserve monetary policy decision.

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WASHINGTON, Jan 28 — US President Donald Trump said today the value of the dollar was “great”, when as...

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KUALA LUMPUR: Malaysia's economic growth outlook continues to be supported by solid fundamentals. Our economy is highly diversified and our domestic demand is resilient, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

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KUALA LUMPUR: The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.

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KUALA LUMPUR: The FBM KLCI wobbled as traders took a breather from the rally ahead of major earnings releases in the US and the Federal Reserve's interest rate decision later this week.

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KUALA LUMPUR, Jan 28 — The ringgit opened firmer against the US dollar today, supported by weaker US economic data...

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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

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U.S. President Donald Trump said on Tuesday the value of the dollar was "great", when asked whether he thought it had declined too much, adding to pressure on the greenback which hit a four-year low.

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Oil prices settled 3% higher on Tuesday as producers reeled from a winter storm that hobbled crude production and drove US Gulf Coast crude exports to zero over the weekend.

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Beijing is wary of AI startups getting the wrong idea from Meta’s deal to buy a Chinese-founded, Singapore-headquartered AI company, says Wang Shengyu from the Asia Society Policy Institute.

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