• Corporate & Economy  |  JANUARY 29, 2015 6:09 PM

    Affin Hwang, RHB expect no increase in OPR

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    Affin Hwang Investment Bank Bhd said it expects BNM to hold off any rate rises throughout 2015. The research house said the central bank will likely maintain its current accommodative policy stance throughout 2015 to support the country's domestic demand.

  • Corporate  |  JANUARY 29, 2015 6:00 PM

    Alam Maritim’s unit gets RM10 mil job

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    Alam Maritim Resources Bhd's unit, Alam Hidro (M) Sdn Bhd, has received a letter of award (LOA) for a RM10 million project in Kedah.

  • Markets  |  JANUARY 29, 2015 5:52 PM

    KL shares close lower; CI falls 13.7 pts

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    Share prices on Bursa Malaysia tumbled for the second consecutive day today on persistent selling pressures amid weak regional markets and Wall Street, dealers said.

  • Markets  |  JANUARY 29, 2015 5:44 PM

    Ringgit ends easier against US$

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    The ringgit closed lower against the US dollar today as the greenback rose on the back of the Federal Reserve's (Fed's) latest policy statement, a currency dealer said.

  • Corporate & World Biz  |  JANUARY 29, 2015 5:42 PM

    Shell CEO pledges all efforts to maintain ‘iconic dividend’

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    Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden pledged to do all he can to maintain payments to shareholders of Europe’s largest oil company after crude prices fell by more than half in the past six months.

  • Corporate & Featured and Exclusive  |  JANUARY 29, 2015 5:27 PM

    MH370 kin furious over ‘watch TV’ phone call

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    Family members of those aboard the Malaysian Airlines Flight MH370 have cried foul for not being informed about a government press conference on the matter until the last minute.

  • World Biz  |  JANUARY 29, 2015 5:22 PM

    Mario can’t save Nintendo as it cuts profit forecast

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    Nintendo Co’s cuts to its profit and sales forecasts show that even with new Mario titles, it can’t make consumers choose its Wii U console over other gaming options. Its shares slumped the most in more than three years.

  • World Biz  |  JANUARY 29, 2015 5:14 PM

    Carlsberg to close 2 Russian breweries on restructuring

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    Carlsberg A/S, the world’s fourth-biggest brewer, said it will close two of its 10 breweries in Russia after a review of its production structure in the country.

  • Corporate  |  JANUARY 29, 2015 5:08 PM

    Maxis launches MyMaxis customer service app

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    Maxis today launched MyMaxis App, a customer service app, for its postpaid customers.

  • Corporate  |  JANUARY 29, 2015 5:04 PM

    Telcos to redefine spectrum strategies to stay relevant

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    Mobile service providers are expected to redefine their spectrum strategy to meet the higher demand of mobile data of up to 67% this year, says the International Data Corp (IDC).

  • World Biz  |  JANUARY 29, 2015 5:01 PM

    Indonesia to overtake Thailand as automaking hub

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    Indonesia narrowed the gap in car output with Thailand, Southeast Asia's automaking hub, to its smallest ever last year in percentage terms and is expected to overtake the Thai industry within a decade.

  • Singapore & World Biz  |  JANUARY 29, 2015 4:57 PM

    Changi Airport records 54.1 mil passenger movements

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    Singapore's Changi Airport managed 54.1 million passenger movements in 2014, the highest in its 33-year history.

  • Corporate  |  JANUARY 29, 2015 4:47 PM

    Tanjung Offshore suspends three officials

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    Following the internal review of the company by an independent committee, Tanjung Offshore Bhd has suspended three of its company officials on the committee’s recommendation.

  • Corporate & World Biz  |  JANUARY 29, 2015 4:44 PM

    Shell to cut spending by RM54 bil, misses profit expectations

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    Royal Dutch Shell missed earnings expectations on Thursday while announcing a three-year US$15 billion (RM54.2 billion) cut in spending, joining peers in belt-tightening after a sharp decline in oil price

  • Corporate  |  JANUARY 29, 2015 4:39 PM

    PNB presents RM3.5 mil tithe to Perak state govt

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    Permodalan Nasional Bhd (PNB) today paid its business tithe to the Perak state for the financial years 2012 and 2013 amounting to RM3.47 million.

  • Corporate & Featured and Exclusive  |  JANUARY 29, 2015 4:33 PM

    DCA announcement on MH370 called off

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    After much anticipation, an announcement on Malaysia Airlines MH370 has been called off at the eleventh hour.

  • Markets  |  JANUARY 29, 2015 3:30 PM

    KL shares extend lower on profit taking

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    Share prices on Bursa Malaysia extended intraday losses to mid-afternoon on persistent selling pressure amid weak global cues, dealers said.

  • Corporate & Featured and Exclusive  |  JANUARY 29, 2015 3:02 PM

    AmBank Group MD steps down

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    AMMB Holdings Bhd (AmBank Group) today confirmed that Ashok Ramamurthy will step down as group managing director (MD) in due course. Ashok will rejoin his family in Melbourne as part of a planned transition that will see him resume his career in a senior executive role at Australia and New Zealand Banking Group Ltd (ANZ).

  • Corporate  |  JANUARY 29, 2015 2:52 PM

    Marvell plans to invest over RM12 mil annually on R&D

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    Marvell Semi-conductor Sdn Bhd plans to invest more than RM12 million annually on research and development (R&D) to support its newly-opened design centre at the Bayan Lepas Technoplex Industrial Park.

  • World Biz  |  JANUARY 29, 2015 2:51 PM

    VW produces more currywurst snacks than cars

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    Europe's biggest carmaker Volkswagen (VW) turned out more portions of Germany's iconic currywurst fast-food snack last year than it did cars, according to the figures from the carmaker's own butchery.