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Poland’s Allegro surges 63% in debut

Bloomberg Poland’s newest stock listing was a roaring success on its first day of trading, taking over as the biggest stock on the country’s main exchange and adding almost two-thirds in market value. Allegro.eu SA shares jumped 63% to close at 70 zloty in its first trading session in Warsaw on October 12, lifting the company’s value to 72 billion ...

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Anwar’s bid for power fails to convince king in Malaysia

Bloomberg Anwar Ibrahim’s latest push to finally take power in Malaysia appears to be stalled. The long-time opposition leader claimed on Tuesday that he showed the king evidence of a “convincing majority” of more than 120 lawmakers in the 222-member in parliament. He called on PM Muhyiddin Yassin to resign and said the monarch would now determine whether the opposition ...

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South China Sea remains volatile: Philippine official

Bloomberg The situation in the South China Sea remains volatile and uncertain amid “aggressive actions” by China and as the US patrols the area to ensure freedom of navigation, the Philippines’ military chief said. The Philippines wants a code of conduct in the disputed area in place soon to prevent hostile actions as it’s “a potential flash point,” Armed Forces ...

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