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KUALA LUMPUR, Aug 3 (Bernama) — Maybank Investment Bank Bhd is in talks with several government-linked companies (GLCs) to restructure their bonds to sukuk, chief executive officer Mohammed Rashdan Mohd Yusof said Monday.
Koor to Raise Investment in Credit Suisse to 6 Billion Shekels (Bloomberg)
Aug. 3 (Bloomberg) — Koor Industries Ltd. said its board approved to raise the investment frame in Credit Suisse Group AG to 6 billion shekels from 5 billion shekels, according to an e- mailed statement from the company late yesterday.
Loews profits fall as investment income drops (Financial Times)
Loews Corp on Monday reported a nearly 40 per cent drop in second quarter net income from continuing operations to $341m, as a drop in investment income led the company to widely miss analysts expectations.
