Elffie Chew

Temasek said to mull options for stake in retailer A.S. Watson

Temasek is working with an adviser to consider possibilities for its 25% holding in A.S. Watson after receiving some preliminary interest.


Malaysian tycoon Krishnan to sell German tropical resort for $256m

Krishnan, Malaysia’s fifth-richest person, has been shifting his focus to domestic investments after Aircel Ltd., an Indian wireless operator he controls, filed for bankruptcy protection this year.


Allianz, Mitsui advance in race for Malaysian auto insurer AmGeneral

A deal could value the Malaysian insurer at $800 million.


Fed ramps up probe into Goldman over 1MDB compliance failures

The Fed doesn’t have the powers of a criminal prosecutor, but it can and often does sanction people involved in banking scandals.


KKR’s Henry Kravis sees SE Asia as winners in US-China trade war

The longer the dispute with China and the U.S. goes on, you are going to see more opportunities for investment in ASEAN, Kravis said.


CIMB chairman Nazir Razak, Malaysia’s ex-PM’s brother, to resign

After leaving CIMB, Nazir may focus on a private equity fund known as Ikhlas Capital he set up recently with several well-connected figures.


Prudential poaches Goldman’s former top Southeast Asia banker

Prudential has singled out Asia as the key region for growth, with a focus on expanding in asset management.


Malaysia’s Tenaga Nasional in talks to increase stake in green energy firms

The company is considering increasing its stake in Turkey’s Gama Enerji AS that produces electricity using water, wind and natural gas.


Deutsche Bank Japan head Makoto Kuwahara leaves for Credit Suisse

He will be replaced by Tamio Honma, head of global markets in Japan and co-head of the institutional client group for Asia-Pacific


Asian tycoons mull bids for LafargeHolcim’s Indonesia arm valued at up to $2b

Malaysia’s YTL Corp. and PT Semen Indonesia are among suitors weighing bids.