<div class=newsTextDataWrapInner><p>Oct 21): Thames Water Utilities Ltd has officially started a process to raise at least £3.3 billion (RM18.52 billion) in equity that it needs to stay afloat.</p></div>

<div class=newsTextDataWrapInner><p>The process started in the past week, meaning potential investors now have access to a data room that provides sensitive information about the company, according to a person familiar with the plans.</p></div>

<div class=newsTextDataWrapInner><p>Thames, the UK’s largest water and sewage supplier, only has enough money to last until the end of May. The utility is seen as too big to fail, and without new funds it would likely be temporarily nationalised. Existing investors want to avoid the special administration process because a prolonged period under government control could mean they recover less of the money they lent. Politicians also are not keen to use taxpayer money to bail out the beleaguered company.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>A group of Thames Water’s biggest bondholders have been working on a plan for an emergency cash injection to keep the company operating while it puts together a plan to restructure the utility’s debt pile. They signed NDAs earlier this month to access sensitive information. Last week, some holders of Class B securities split off from the wider group to work with separate legal representation.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Felyx Teoh</em></p></div>


Thames Water Utilities Ltd has officially started a process to raise at least £3.3 billion (RM18.52 billion) in equity that it needs to stay afloat.

The process started in the past week, meaning potential investors now have access to a data room that provides sensitive information about the company, according to a person familiar with the plans.

Thames Water is said to start process to raise fresh equity — Bloomberg

A bold new chapter for Carlsberg Malaysia

KUALA LUMPUR (Dec 15): The International Monetary Fund (IMF) has commended Malaysia’s economic reforms, notably the introduction of the Public Finance and Fiscal Responsibility Act (FRA) 2023, and the successful implementation of electricity and diesel subsidy reforms.

IMF credits Malaysia’s economic reforms, calls for further action to strengthen resilience

Asian stocks are set to fall on Monday ahead of a swath of Chinese data and a vow from the nation’s regulators to stabilize markets. South Korean assets will be closely watched after President Yoon Suk Yeol was impeached. 

Australian shares slipped while futures in Hong Kong and mainland China pointed to losses while those in Japan gained.

Asian stocks set to fall ahead of China data dump

MORNING CALL: 16/12/24

A student of mine recently approached me, overwhelmed by the weight of juggling her responsibilities. She spoke about the pressure to meet her parents’ expectations, excel in her studies, maintain friendships and prepare for the demands of an unforgiving workforce. Her story is not unique. Across classrooms and boardrooms, young people face mounting pressures, and mental health challenges have become alarmingly common. This is where the collective responsibility of educators, employers and parents comes into play. Supporting students’ mental health and resilience requires a holistic approach, with all parties working together to help young people navigate these challenges and build the mental strength to thrive.

The resilience partnership: A collective approach to students’ mental health

The employment landscape in Malaysia has undergone a significant transformation. Companies are navigating a talent ecosystem that is influenced by digitalisation, flexible work arrangement (FWA) and a growing emphasis on the diversity, equity and inclusion (DEI) agenda.

TalentCorp champions diversity and sustainability as a beacon for Malaysia 

(Dec 16) : What was supposed to be a comeback year for Boeing Co. has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025.

Boeing’s year of crisis leaves investors wary of beaten-up stock

Australia’s markets watchdog sued HSBC Bank of Australia Ltd. for failing to protect customers who lost millions of dollars in scams. 

HSBC received about 950 reports of unauthorized transactions between January 2020 and August 2024, resulting in customer losses of about A$23 million ($14.6 million), according to an Australian Securities and Investments Commission statement Monday.

HSBC sued by Australian regulator for scam loss failures

Wall Street is starting to sour on the dollar as President-elect Donald Trump’s policies and the Federal Reserve’s interest-rate cuts will likely put pressure on the greenback in the latter portion of 2025.

From Morgan Stanley to JPMorgan Chase, roughly a half dozen sell-side strategists, are now forecasting the world’s reserve currency will peak as early as mid next year before starting to decline, with Societe Generale seeing the ICE US Dollar Index falling 6% at the end of next year.

Dollar’s trump-fuelled gains face a reality check late next year

South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law.

The Korean won will be the main focus for traders, after its heavy losses during the country’s recent political chaos.

Korean won, stocks take spotlight after impeachment vote

<p>&nbsp;Wall Street is starting to sour on the dollar as President-elect Donald Trump’s policies and the Federal Reserve’s interest-rate cuts will likely put pressure on the greenback in the latter portion of 2025.</p>

<p>From Morgan Stanley to JPMorgan Chase, roughly a half dozen sell-side strategists, are now forecasting the world’s reserve currency will peak as early as mid next year before starting to decline, with Societe Generale seeing the ICE US Dollar Index falling 6% at the end of next year.&nbsp;</p>


<p>Australia’s markets watchdog sued HSBC Bank of Australia Ltd. for failing to protect customers who lost millions of dollars in scams.&nbsp;</p>

<p>HSBC received about 950 reports of unauthorized transactions between January 2020 and August 2024, resulting in customer losses of about A$23 million ($14.6 million), according to an Australian Securities and Investments Commission&nbsp;statement&nbsp;Monday.</p>


<p>South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law.</p>

<p>The Korean won will be the main focus for traders, after its heavy losses during the country’s&nbsp;recent political chaos.</p>


<p>Asian stocks are set to fall on Monday ahead of a swath of Chinese data and a vow from the nation’s regulators to stabilize markets. South Korean assets will be closely watched after President Yoon Suk Yeol was&nbsp;impeached.&nbsp;</p>

<p>Australian shares slipped while futures in Hong Kong and mainland China pointed to losses while those in Japan gained.</p>


<p>KUALA LUMPUR (Dec 15): The International Monetary Fund (IMF) has commended Malaysia’s economic reforms, notably the introduction of the Public Finance and Fiscal Responsibility Act (FRA) 2023, and the successful implementation of electricity and diesel subsidy reforms.&nbsp;</p>


<p>(Dec&nbsp;16) :&nbsp;What was supposed to be a comeback year for Boeing Co. has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025.&nbsp;</p>


<p>The employment landscape in Malaysia has undergone a significant transformation. Companies are navigating a talent ecosystem that is influenced by digitalisation, flexible work arrangement (FWA) and a growing emphasis on the diversity, equity and inclusion (DEI) agenda.</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>


In pursuit of ESG excellence through green practices and workplace wellness

<p>A student of mine recently approached me, overwhelmed by the weight of juggling her responsibilities. She spoke about the pressure to meet her parents’ expectations, excel in her studies, maintain friendships and prepare for the demands of an unforgiving workforce. Her story is not unique. Across classrooms and boardrooms, young people face mounting pressures, and mental health challenges have become alarmingly common. This is where the collective responsibility of educators, employers and parents comes into play. Supporting students’ mental health and resilience requires a holistic approach, with all parties working together to help young people navigate these challenges and build the mental strength to thrive.</p>
