Asian stocks erased gains as Sun Hung Kai Properties Ltd. (16) led a decline in Hong Kong shares after a director of the world’s largest real estate company was arrested as part of a bribery investigation. Exporters rose as confidence among U.S. homebuilders improved.
Sun Hung Kai slipped 1.6 percent in Hong Kong following the arrest of Thomas Chan Kui-Yuen, an executive director at one of the company’s units, by the Independent Commission Against Corruption. Samsung Electronics Co. (005930), Asia’s biggest consumer- electronics maker, gained 1.1 percent in Seoul. LG Display Co. (034220), a manufacturer of liquid crystal displays that gets about 16 percent of its sales from the U.S., rose 1.4 percent.
Batelco introduces ICT security to key customers
Batelco, the Kingdom’s leading telecommunications solutions provider in partnership with Palo Alto Networks, held a successful Next-Generation Security Workshop on Thursday 15th January. The workshop
Al Baraka Islamic Bank expands its ATM network
Al Baraka Islamic Bank B.S.C (c) announced the installment of a new ATM in the American Mission Hospital in the Central Manama. This step reflects the implementation of the Bank’s ambitious plan to c