STORIES TAGGED WITH

  • Corporate  |  NOVEMBER 26, 2014 2:09 PM

    TM Q3 profits dip on higher operating costs

    Story by
    [email protected]

    Telekom Malaysia Bhd (TM) saw its profit before tax for the third quarter ended September 30, 2014 dip by 0.8% to RM262.9 million, while revenue remained marginally flat at RM2.64 billion for the period compared to RM2.16 billion the previous …

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 26, 2014 2:03 PM

    Australia working on new drift model to locate MH370

    Story by
    www.bernama.com

    Australia is working on new drift modelling to expand the geographical area in which wreckage from missing Malaysian Airlines flight MH370 may come ashore, the Australian search coordinator said on Wednesday.

     
  • Corporate  |  NOVEMBER 26, 2014 1:42 PM

    Alliance Financial Group posts higher 2Q14 profit

    Story by
    www.bernama.com

    Alliance Financial Group Bhd posted a higher pre-tax profit of RM237.03 million for the second quarter ended Sept 30, 2014 (2Q14), from RM176.16 million registered in the same period a year ago.

     
  • Corporate  |  NOVEMBER 26, 2014 1:36 PM

    HLB sees exponential growth in digital banking

    Story by
    www.bernama.com

    Hong Leong Bank (HLB) says it may experience another exponential growth in numbers of new users embracing its digital banking platform, the Hong Leong Connect.

     
  • Markets  |  NOVEMBER 26, 2014 1:24 PM

    KL shares continues uptrend at mid-day

    Story by
    www.bernama.com

    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its uptrend to end the lunch break slightly higher supported by buying of selected blue chip and heavyweight shares.

     
  • Commodities  |  NOVEMBER 26, 2014 1:00 PM

    KLTM closes lower at US$20,000 a tonne

    Story by
    www.bernama.com

    The Kuala Lumpur Tin Market (KLTM) closed US$200 lower at US$20,000 per tonne today, in tandem with the metal's lower price on the London Metal Exchange (LME), said a dealer.

     
  • World Biz  |  NOVEMBER 26, 2014 12:57 PM

    Universal Pictures picks up ‘Jobs’ from Sony Pictures

    Story by
    www.bloomberg.com

    Comcast Corp’s Universal Pictures is picking up plans to produce a film biography of Apple Inc co-founder Steve Jobs less than a week after Sony Corp put the project up for sale.

     
  • Featured and Exclusive & World Biz  |  NOVEMBER 26, 2014 12:48 PM

    Apple hits a record RM2.3 tril valuation

    Story by
    www.bloomberg.com

    Apple Inc, already the world’s largest company by market capitalisation, hit a record intraday value: US$700 billion (RM2.3 trillion).

     
  • Corporate  |  NOVEMBER 26, 2014 12:30 PM

    Proton offers 20% discount off repair bill to flood victims

    Story by
    www.bernama.com

    Proton Holdings Bhd will offer a 20% discount to the total repair cost of customers who have suffered damages to their cars due to flooding.

     
  • World Biz  |  NOVEMBER 26, 2014 12:20 PM

    Samsung sells units to Hanwha for RM5.7 bil

    Story by
    www.reuters.com

    South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defence firms for 1.9 trillion won (RM5.7 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.

     
  • Corporate  |  NOVEMBER 26, 2014 12:05 PM

    HLIB upgrades Time dotCom to ‘buy’

    Story by
    [email protected]

    HLIB Research has upgraded Time dotCom Bhd (TdC) to a "buy" recommendation from a "hold" with a higher target price of RM5.89 from RM5.09, following the company’s release of its 3Q14 results yesterday.

     
  • Singapore  |  NOVEMBER 26, 2014 12:03 PM

    S’pore voices concern on reclamation in Johor Straits

    Story by
    www.bernama.com

    Singapore's Environment and Water Resources Minister Dr Vivian Balakrishnan raised his country's concerns over Malaysia's land reclamation projects in the Straits of Johor, reported Channel NewsAsia (CNA).

     
  • Issues  |  NOVEMBER 26, 2014 12:00 PM

    Malaysia Airlines and the power of the majority

    Story by
    [email protected]

    As it stands, all the power seems to be with the big investors; those who have the ability to finance takeover deals at any time. But what about the long-term investor? What happens to them when even advice meant specifically for them is often flawed?

     
  • Corporate  |  NOVEMBER 26, 2014 11:50 AM

    CIMB upgrades Hovid to ‘hold’ on higher net profit

    Story by
    [email protected]

    CIMB has upgraded Hovid Bhd, an Ipoh-based manufacturer of pharmaceutical products, to “hold” today due to a rise in its net profit in the first quarter for the financial year 2015 (1Q15), thanks to higher sales.

     
  • Markets  |  NOVEMBER 26, 2014 11:48 AM

    FBM KLCI improves at mid-morning

    Story by
    www.bernama.com

    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) improved at mid-morning today on continued buying demand for selected blue chips and key heavyweights.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 26, 2014 11:38 AM

    Petronas gets approval for LNG project, 2 gas pipelines

    Story by
    www.reuters.com

    British Columbia has approved a liquefied natural gas (LNG) export terminal being developed by Malaysia's Petronas, along with two pipelines to service the province's fledging LNG industry, the province's Environment Ministry said on Tuesday.

     
  • Finance  |  NOVEMBER 26, 2014 11:35 AM

    Moody’s: Sovereigns face risks on disorderly market reaction

    Story by
    [email protected]

    While Malaysia, the Philippines and Thailand would benefit from an acceleration in US growth, they would be slightly more exposed to a disorderly market reaction to US interest rate hikes, in part due to higher annual government borrowing requirements.

     
  • Commodities & World Biz  |  NOVEMBER 26, 2014 11:29 AM

    HSBC, Goldman sued over platinum price-rigging

    Story by
    www.bloomberg.com

    Goldman Sachs Group Inc and HSBC Holdings Plc are sued in New York over claims they conspired for eight years to manipulate prices for the precious metals platinum and palladium in what plaintiffs’ lawyers say is the first class-action lawsuit of its kind in the US.

     
  • Featured and Exclusive & World Biz  |  NOVEMBER 26, 2014 11:17 AM

    Google said to expand ‘Right to be Forgotten’ beyond EU

    Story by
    www.bloomberg.com

    The decision by regulators meeting in Brussels will push the Mountain View, California-based company to apply privacy requests from EU residents to its primary Google.com site in the US, said the people, who requested anonymity because the plans aren’t public. Google may also be rebuked for “routinely” notifying media about story links it has removed, they said.

     
  • Featured and Exclusive & Property  |  NOVEMBER 26, 2014 11:06 AM

    Govt urged to enforce BTS concept

    Story by
    www.malaysiakini.com

    Putrajaya is urged to implement the build-then-sell (BTS) concept in 2015 as it protects house buyers from irresponsible developers.

     
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