KUALA LUMPUR: The selling by offshore funds persisted on Bursa Malaysia to the tune of RM536mil net last week, nearly on a par with the net sales of RM556.9mil in the week prior.
KUALA LUMPUR: The net foreign outflow from Bursa Malaysia accelerated 64% over the week to RM556.9mil, in tandem with the Federal Reserve's hawkish interest rate guidance.
report by the us based company hindenburg. it specialises in short selling, basically betting against companies doing well. as the result of a two year investigation, they haveissued two year investigation, they have issued a report and the allegations are indeed damning. it is made against one of india s biggest companies, adanl india s biggest companies, adani, they make everything from airports to commodities to utilities, they have a hand in every pie. their owner is one of asia s richest man. he is asia s richest man. hindenburg have accused him of pulling the largest con in corporate history, including offshore funds in the caribbean and the knile davis, saying they have huge amounts of debt and this position is unsustainable. the report has received a commendation from one particular high source, the billionaire well regarded investor bill ackerman. he said tweeting it was a credible report but we have heard from