Business - Newswav
Highlights
Yen slides back to 160 against dollar after possible intervention
TOKYO -- The yen slipped back into the 160 range against the dollar in Tokyo on Friday as an overnight rally to 158, apparently triggered by Japanese currency intervention, was offset by commercial demand for dollars when trading got underway in Japan.

Singtel confirms Optus stake-sale talks
SINGAPORE Telecommunications on Thursday confirmed that it was in discussions with multiple parties over a potential stake sale in its Australian telecoms unit Optus, but said there was no certainty the talks would result in a deal.Optus, Australia’s second-largest telecommunications provider, has been owned by Singtel since 2001.In May, Sing

RHB sees TNB 2Q earnings up on lower tax, RE mix to hit 49% by 2030
KUALA LUMPUR (July 31): RHB Research expects Tenaga Nasiona Bhd (KL:TENAGA) to post improved 2QFY2026 earnings, while forecasting its renewable energy (RE) mix to hit 49% by 2030. "TNB will release its 2QFY2026 results on Aug 27. We expect earnings to improve sequentially on lower effective tax rate," it said in a note on Friday. The house mainta
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