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Welcome to FirstFT. Here are today's top stories.
Police in Malaysia have arrested a second woman in their hunt for suspects in the murder of Kim Jong-nam. The brother of North Korean supreme leader Kim Jong-un was killed at Kuala Lumpur Airport on Monday. The new suspect, who police say is age 25 and holding an Indonesian passport, was identified from CCTV footage.
Snapchat is aiming for a price between $14 to $16 per share in its forthcoming IPO. The price range will mean the messaging app would be valued at over $22 billion, which is a little less than the company had originally hoped for, but would still put it on track to be one of the largest tech floatations.
And foreign property investment by Chinese companies plunged by more than 80% last month. Chinese regulators have imposed a series of new restrictions on outbound dealmaking in recent months in a bid to curb capital outflows and ease downward pressure on the renminbi.
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