The chairman of Securities Commission Malaysia said the regulator will require listed companies to disclose preparations to respond to El Nifio.

The Kremlin said the company selected to manage the related assets best meets the relevant standards.

At a State Council Information Office briefing, the Ministry of Housing and Urban-Rural Development (MOHURD) said completed-home sales are the prevailing trend and urged new projects to prioritize sales of completed properties to prevent sell-before-delivery risks. Citing National Bureau of Statistics data, MOHURD said completed-home sales area has grown and its share of new-home sales has risen in recent years. It called for coordinated land, financial and tax support for projects that opt for completed-sales and said where presales are used authorities should strengthen presale fund supervision to protect buyers' legal rights.