And here are some of the major headlines which might be of interest to you. Click on the links below to access the full article.
Global equities’ slide to weigh on KLCI
KUALA LUMPUR (Sept 25): The FBM KLCI could remain lacklustre today for the fifth day running in line with the overnight slide at global equity markets.
Stocks around the world fell for a fifth day on Thursday, sliding towards two-year lows, as worries lingered over global economic growth and the scandal over Volkswagen's emissions test-cheating rattled Europe's carmakers, according to Reuters.
1MDB draws up Edra list, TNB included
PETALING JAYA: 1Malaysia Development Bhd (1MDB) has reportedly shortlisted several foreign parties, including Qatar’s Nebras Power QSC, Hong Kong-listed CGN Meiya Power Holdings Co and Saudi Arabia-based ACWA Power International for the sale of its power generation arm, Edra Global Energy Bhd.
Tenaga Nasional Bhd (TNB) has also been selected to participate in the sales of 1MDB’s power plants, according to a report by Bloomberg.
Happy Trading!
