After several weeks of speculation, Malaysian carmaker Proton Holdings, which has been held under the government’s investment arm Khazanah Nasional, has finally been sold to local conglomerate DRB-Hicom Holdings. At RM5.50 (US$1.77) per share, Khazanah has sealed a deal with DRB-Hicom to sell its 42.7% stake in Proton to the latter for a total of...
New India budget aimed at boosting growth and infrastructure
Sat, Feb 28, 2015 6:58PM UTC
China jails ex-vice governor 17 years on graft charges
Sat, Feb 28, 2015 6:52PM UTC
Burma journalist arrested for satirical post
Sat, Feb 28, 2015 6:50PM UTC