Axiata Group Bhd (AXIA.KL)
21 May 2019
* Beijing says its top negotiator will go to the U.S., as planned * Malaysia cenbank cuts key interest rate by 25bp * Thai stocks dragged down by energy shares By Nikhil Subba May 7 Most Southeast Asian stocks ended higher on Tuesday after fears about trade war escalation were calmed as Beijing said a Chinese delegation was preparing to travel to Washington for talks. Beijing confirmed that its top negotiator, Vice Premier Liu He, would go to the United State
* China to go ahead with talks despite Trump's threat * Malaysia awaits policy rate decision * Thai stocks fall after holiday By Nikhil Subba May 7 Southeast Asian stocks recovered on Tuesday on expectations China will still go ahead with trade talks after U.S. prepared to impose tariffs on more Chinese goods from Friday, while some economies in the region awaited rate-cut decisions. Asian shares remained fragile after U.S. President Donald Trump's latest thr
May 6 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
European stocks slumped on Monday after U.S. President Donald Trump unexpectedly said at the weekend that he will increase tariffs on Chinese goods, pushing down shares as investors sought safety in less directly affected assets.
* Stabilus cuts FY outlook, shares drop (Recasts, adds UBS economists' quotes, updates prices)
OSLO/KUALA LUMPUR Norway's Telenor and Malaysia's Axiata Group are in talks to run a jointly owned telecoms giant in South and Southeast Asia with nearly 300 million customers, as they seek to drive up growth in a highly competitive market.
* MergedCo to have $13 bln revenue, biggest telco in SEAsia (Adds details)
OSLO, May 6 Norway's Telenor is in negotiations with Malaysia's Axiata Group to form a telecoms holding company with close to 300 million customers, the companies said on Monday.
* Singapore sole loser, banks and real estate weigh * Caution ahead of China industrial output data subdues sentiment * Philippines cuts GDP growth target for 2019 after bell By Rashmi Ashok March 13 Most Southeast Asian stocks closed higher in lacklustre trade on Wednesday, while Singapore slipped as caution prevailed ahead of China's industrial output data. Singapore stocks were the sole losers in the region, ending 0.5 percent lower. China's January-Februa
* New strategy comes as PM Mahathir seeks funds after 1MDB scandal