World

China halts $ 35bn Ant IPO of Jack Ma

[ad_1] (Nov. 3): China halted the sale of Ant Group Co shares for US $ 35 billion in Shanghai and Hong Kong, derailing the world’s largest initial public offering. The Shanghai Stock Exchange will suspend listing after Ma was called in for “supervisory interviews” by related agencies, it said in …

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Bank Negara retains OPR at 1.75%

[ad_1] KUALA LUMPUR: Bank Negara Malaysia’s Monetary Policy Committee (MPC) has maintained the Overnight Monetary Policy Rate (OPR) at 1.75%, which is in line with expectations. In a statement issued Tuesday, it said the MPC considered the monetary policy stance to be appropriate and accommodative. “The cumulative 125 basis point …

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