Bloomberg Business

Anwar Vows No Easing of Anti-Graft Drive After Key Ally Is Freed

Malaysian Prime Minister Anwar Ibrahim said he won’t compromise on corruption as he sought to assuage concerns about a let up in his administration’s anti-graft drive after criminal charges against a key ally was dropped last week.

GIC Considers Selling Stake in The Dalmore Scotch Maker, Sources Say

Singapore’s sovereign wealth fund GIC Pte is considering selling its stake in the Philippines’ Emperador Inc., the world’s biggest brandy manufacturer and owner of scotch brands including Jura and The Dalmore, according to people with knowledge of the matter.

Arm Is Set for US IPO Pricing in Test to AI Hype, China Risk

Arm Holdings Plc’s long-anticipated initial public offering is set to price Wednesday and investors will be watching to see how owner SoftBank Group Corp. fares in what is set to be the largest listing of the year — and whether it helps reignite equity capital markets.

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