International Petroleum Investment Co
Malaysia to settle with Abu Dhabi in 1MDB case
The governments of Malaysia and Abu Dhabi reportedly reached an agreement on a partial debt settlement in the case involving scandal-ridden fund 1Malaysia Development...
Malaysia’s taxpayers set to foot the bill for 1MDB failures
Billions of dollars lost in shady deals surrounding Malaysia's state fund 1Malaysia Development Berhad (1MDB) will be, at least partly, have to be shouldered...
Abu Dhabi’s quarrel over 1MDB debt deepens
Disputes between Abu Dhabi"s state-owned International Petroleum Investment Co (IPIC) and troubled Malaysian state investment fund 1Malaysia Development Berhad (1MDB) intensified on May 11,...
1MDB defaults on bonds, could need government bailout
The fiscal reputation of Malaysia took another hit as troubled state fund 1Malaysia Development Berhad admitted that it had failed to make an interest...
Thailand’s Indorama signs Abu Dhabi deal
Indorama Ventures Plc, a Bangkok-based leading polyester and yarn manufacturer, has signed a joint venture deal with Abu Dhabi National Chemicals Co (Chemaweyaat) to...
Emirati bonds deemed high value by Morgan Stanley
The UAE featured prominently on Morgan Stanley’s list of top corporate bonds per value. Dubai Electricity and Water Authority's 2015 bond, Abu Dhabi Energy...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...