STORIES TAGGED WITH

  • Commodities  |  AUGUST 28, 2014 7:47 AM

    Spot gold edges up on dollar drop, heightened tensions

    Story by
    www.reuters.com

    Spot gold edged up on Wednesday as a lower dollar and lingering geopolitical tensions helped offset selling pressure from a record rally in USequities. The dollar softened as traders focused on riskier assets, while speculation the European Central Bank will resort to monetary stimulus …

     
  • Commodities  |  AUGUST 28, 2014 7:43 AM

    Crude oil little-changed after oil inventory draw

    Story by
    www.reuters.com

    Crude oil futures settled flat after choppy trading on Wednesday, following a report that showed declining US gasoline demand in the world’s top oil consumer and a build at the key Cushing,Oklahoma, storage hub. In its weekly report, the US Energy Information Administration said …

     
  • Markets  |  AUGUST 28, 2014 7:38 AM

    Wall Street drifts to another record in light trading

    Story by
    www.reuters.com

    US stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results. Both Tiffany & Co and apparel retailer Express Inc rose …

     
  • Markets  |  AUGUST 28, 2014 7:32 AM

    Harried euro gets reprieve ahead of inflation test

    Story by
    www.reuters.com

    The euro clung onto modest gains early on Thursday, having snapped three straight sessions of declines as feverish speculation of an imminent round of easing by the European Central Bank cooled. Sources told Reuters on Wednesday that the ECB is unlikely to take …

     
  • Issues  |  AUGUST 27, 2014 11:15 PM

    What do we have and what are we buying?

    Story by
    [email protected]

    In this part of the series, KiniBiz takes a look at what Malaysia fields in its defence, what it plans to get, and how much it all costs.

     
  • Corporate  |  AUGUST 27, 2014 10:19 PM

    Uber must comply with M’sian law- SPAD

    Story by
    www.bernama.com

    Uber, the company offering transport service through smartphone application to customers in Malaysia, must comply with the law in providing the services said the Land Public Transport Commission (SPAD). SPAD said there has been several wrong doings carried by Uber, …

     
  • Corporate  |  AUGUST 27, 2014 10:03 PM

    Titijaya posts pre-tax profit of RM96.44 mil for FY14

    Story by
    www.bernama.com

    Titijaya Land Bhd has recorded a pre-tax profit of RM96.443 million for the financial year ended June 30, 2014 (FY14) on the back of RM283.848 million in revenue. In a statement today, the company said this was its first full …

     
  • Corporate  |  AUGUST 27, 2014 9:55 PM

    Kejuruteraan Samudra Timur posts higher pre-tax profit

    Story by
    www.bernama.com

    Kejuruteraan Samudra Timur Bhd posted a higher pre-tax profit of RM61.27 million for the financial year ended June 30, 2014 (FY14) compared with RM8.03 million a year ago. In a filing to Bursa Malaysia today, the Group said it managed …

     
  • Corporate  |  AUGUST 27, 2014 9:42 PM

    Hunza posts lower pre-tax profit of RM68.30 mil

    Story by
    www.bernama.com

    Hunza Properties Bhd’s pre-tax profit fell to RM68.31 million for the financial year ended June 30, 2014 (FY14) from RM176.90 million a year ago. Revenue rose to RM132.85 million from RM112.10 million previously, boosted by rental revenue from the newly …

     
  • Corporate  |  AUGUST 27, 2014 9:37 PM

    MMC’s 2Q pre-tax profit jumps to RM259.91 mil

    Story by
    www.bernama.com

    MMC Corp Bhd’s pre-tax profit for the second quarter ended June 30, 2014 jumped to RM259.91 million compared with RM42.15 million in the corresponding period last year. Revenue doubled to RM2.87 billion from RM1.9 billion previously, the company said in …

     
  • Corporate  |  AUGUST 27, 2014 9:27 PM

    Genting Plant pre-tax profit surges to RM92.95 mil

    Story by
    www.bernama.com

    Genting Plantations Bhd’s pre-tax profit for the second quarter ended June 30, 2014 rose to RM92.95 million from RM53.29 million in the same quarter last year. Its revenue increased to RM360.51 million from RM290.73 million previously, Genting Plantations said in …

     
  • Corporate  |  AUGUST 27, 2014 9:00 PM

    UMW reports pre-tax profit of RM422.05 mil

    Story by
    www.bernama.com

    UMW Holdings Bhd reported a pre-tax profit of RM422.05 million for the second quarter ended June 30, 2014 compared to a pre-tax profit of RM443.19 million in the same period a year ago. The decline in pre-tax profit was mainly …

     
  • World Biz  |  AUGUST 27, 2014 8:54 PM

    Russian courts close 3 McD’s branches in Moscow

    Story by
    www.reuters.com

    Russian courts on Wednesday ordered the temporary closure of three McDonald’s restaurants in Moscow over breaches of sanitary rules, news agencies reported, amid a standoff with the West over Ukraine. The restaurants on Moscow’s Manezh square, under the walls of …

     
  • Corporate & Featured and Exclusive  |  AUGUST 27, 2014 8:40 PM

    Masteel gets Johor govt support for RM1 bil rail job

    Story by
    [email protected]

    After several false alarms, the controversial Iskandar commuter rail project now appears to be back on track

     
  • Corporate  |  AUGUST 27, 2014 8:07 PM

    APM Holdings records pre-tax profit of RM37.69 mil in 2Q

    Story by
    www.bernama.com

    APM Automotive Holdings Bhd reported a pre-tax profit of RM37.69 million for the second quarter ended June 30, 2014 against a pre-tax profit of RM48.99 million in the corresponding period last year. Revenue rose to RM340.00 million from RM338.28 million …

     
  • Corporate  |  AUGUST 27, 2014 8:00 PM

    PPB Group pre-tax profit falls to RM192.2 mil in 2Q

    Story by
    www.bernama.com

    PPB Group Bhd’s pre-tax profit fell to RM192.243 million for the second quarter ended June 30, 2014 from RM198.852 million registered in the corresponding period last year. Revenue, however, increased to RM956.644 million during the period under review from RM818.489 …

     
  • Corporate  |  AUGUST 27, 2014 7:51 PM

    MyCC appoints four new members of commission

    Story by
    www.bernama.com

    The Malaysia Competition Commission (MyCC) today announced the appointment of four new Members of Commission (MOCs)

     
  • Corporate  |  AUGUST 27, 2014 7:48 PM

    Utusan aborts rights issue; mulls other ways for funds

    Story by
    [email protected]

    However, the company will continue exploring other ways to raise funds to address its capital requirements, it said

     
  • Corporate  |  AUGUST 27, 2014 7:40 PM

    Freight Management posts pre-tax profit of RM30.83 mil

    Story by
    www.bernama.com

    Freight Management Holdings Bhd’s pre-tax profit for the financial year ended June 30, 2014 rose slightly to RM30.83 million from RM30.22 million in the corresponding period last year. The company’s revenue surpassed the RM400 million mark for the first time, …

     
  • Corporate & Featured and Exclusive  |  AUGUST 27, 2014 7:32 PM

    Ebola not sole factor pushing up glove stocks

    Story by
    [email protected]

    Investors should take a long-term view as outbreak will not cause a significant surge in demand for gloves, manufacturers association Margma advises

     
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