Bloomberg Malaysia’s best-performing stock surged more than 800% in the past year by helping people lower their electricity bills. Shares of Kejuruteraan Asastera Bhd., or KAB, have gained 108% to 80 sen just this year, after it started offering energy-saving services to hotels and offices in 2019. That helped its order book to reach 355 million ringgit ($82 million), enough ...

Bloomberg The Kuwait Stock Exchange is delaying the listing of its shares due to restrictions on work triggered by the coronavirus pandemic. The listing, scheduled for April 19, has been postponed until further notice “due to exceptional circumstances that are imposed by the spread of the coronavirus pandemic,” the bourse said in a statement. The coronavirus outbreak has disrupted business ...

Bloomberg Indonesia’s central bank is expected to lower borrowing costs for a third straight month as policy makers take unprecedented steps to bolster the economy amid the coronavirus. Bank Indonesia will cut its benchmark rate by 25 basis points to 4.25%, according to 18 of 28 economists surveyed by Bloomberg. One economist predicted a 50 basis-point cut, while nine expect ...