Business Blog

KUALA LUMPUR, Dec 23 (Reuters) - Malaysian state investor 1Malaysia Development Bhd TERRN.UL has defended investments in the Cayman Islands as it lines up a $3 billion listing of its power business, saying there was "nothing unusual" about a company of...

KUALA LUMPUR, Dec 23 (Reuters) - Malaysian state investor 1Malaysia Development Bhd TERRN.UL has defended investments in the Cayman Islands as it lines up a $3 billion listing of its power business, saying there was "nothing unusual" about a company of...

* U.S. shares higher on year-end buying* ECB QE hopes, Greek political relief boost European shares* Gilead weighs on S&P, Nasdaq 100* Oil prices resume declines(Adds close of European stock markets, investor quote, updates prices)By Sam ForgioneNEW YORK, Dec 22 (Reuters) - Equity markets worldwide edged higher on Monday after rising expectations for more European stimulus supported shares in the

Turkey's state-run Vakifbank said on Monday it has decided to apply for USD 300 million worth of project financing from the Islamic Development Bank to set up an Islamic lender.

ISTANBUL, Dec 22 (Reuters) - Turkey's state-run Vakifbank VAKBN.IS said on Monday it has decided to apply for $300 million worth of project financing from the Islamic Development Bank to set up an Islamic lender. Turkey has four non-state Islamic...

Monday, Dec 22 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. You can view the full IFG briefin...