Global banks fear China will limit JV control through new rules
Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors.
SINGAPORE: The restructuring of water treatment firm Hyflux is credit-negative for its creditors, said Moody's Investors Service in a research report released on Friday (May 25).
However, that does not imply an industry-wide deterioration in the asset quality of bank loans to other large power ...
KUALA LUMPUR (May 25): theedgemarkets.com highlighted 3 stock with momentum at Bursa Malaysia’s afternoon market close today. It showed 1 with positive momentum and 2 with negative momentum.
Stocks with positive momentum were:
K-Star Sports Limited – unchanged at 11 sen
Stocks with negative momentum were:
Lee Swee Kiat Group Bhd – up 5.5 sen to 87.5 sen
Sarawak Consolidated Industries Bhd – up one sen to 70 sen