• Corporate, Featured and Exclusive, Markets  |  OCTOBER 23, 2014 10:15 AM

    CIMB & MBSB shares drop after EPF barred from vote

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    www.reuters.com

    Shares of Malaysia's CIMB Group Holdings Bhd dropped nearly 2.2% on Thursday after local media reported the Employees Provident Fund (EPF), a key shareholder in CIMB, may be forced to cut its stake to help facilitate a planned merger.

     
  • Corporate, Featured and Exclusive, World Biz  |  OCTOBER 23, 2014 9:12 AM

    Caterham threatens to sue Tony Fernandes

    Story by
    www.reuters.com

    The Caterham Formula One team looked close to collapse on Wednesday with management threatening to walk away and take legal action against Malaysian founder Tony Fernandes. An explosive Caterham F1 statement accused Fernandes of never completing a formal transfer of …

     
  • Corporate, Featured and Exclusive, Singapore  |  OCTOBER 22, 2014 10:40 PM

    M’sia-S’pore high speed rail details to be finalised next year

    Story by
    www.bernama.com

    Malaysia will start finalising details with Singapore on the upcoming high speed rail (HSR) project in the first quarter of next year.

     
  • Corporate, Economy, Featured and Exclusive  |  OCTOBER 22, 2014 8:15 PM

    Fears for tough penalties grow as India cleans up business

    Story by
    www.reuters.com

    An unprecedented ban on India’s largest property developer from tapping capital markets has fuelled expectations of tougher penalties ahead, as the country’s regulators feel emboldened to take on even companies long sheltered by political connections. The result has been a …

     
  • Corporate  |  OCTOBER 22, 2014 7:58 PM

    Maybank BII sees 6.7% rise in operating profit

    Story by
    www.bernama.com

    Maybank’s Indonesian banking unit, PT Bank Internasional Indonesia Tbk (BII) has reported a 6.7 per cent increase in operating profit to Rp2.05 trillion (RM556.2 billion) for the nine month period ended Sept 30, 2014 from Rp1.92 trillion in the corresponding …

     
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