STORIES TAGGED WITH

  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 7:35 PM

    MAS makes RM572 mil loss in 3Q14

    Story by
    [email protected]

    Malaysia Airlines has posted another loss-making quarter with a reported operating loss of RM170 million and a pre-tax loss of RM572 million after including depreciation, amortisation, impairment and finance costs.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 7:22 PM

    Liew issue to be addressed next year, says Sime Darby

    Story by
    [email protected]

    The issue of former SP Setia boss Liew Kee Sin helming the Battersea Power Station redevelopment project in light of his proposed blank-cheque property listing will be addressed next year, said Sime Darby today.

     
  • Markets  |  NOVEMBER 28, 2014 7:06 PM

    Ringgit tumbles to near 5-year low against US dollar

    Story by
    www.bernama.com

    The ringgit ended at a near five-year low against the US dollar today in the face of a slump in oil prices, a dealer said.

     
  • Corporate  |  NOVEMBER 28, 2014 7:05 PM

    Kenanga upgrades MMC on NCB acquisition

    Story by
    [email protected]

    Kenanga IB (Kenanga) raised their recommendation of MMC Corporation Bhd (MMC) to an “outperform”, along with a raised target price of RM3.21 from a previous RM2.41, on the back of the company’s planned acquisition of a 15.7% stake in NCB Holdings Bhd, as well as the plan to list its subsidiary Malakoff Corporation Bhd.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 7:01 PM

    Petronas to meet Canadian officials on LNG project

    Story by
    www.bloomberg.com

    Petroliam Nasional Bhd (Petronas), Malaysia’s state-owned energy company, said most issues hindering its Canadian liquefied natural gas project have been resolved and a final investment decision will be made by the end of next month.

     
  • Corporate  |  NOVEMBER 28, 2014 6:52 PM

    Sime Darby expects CPO prices to firm up till end-June

    Story by
    [email protected]

    Plantations-based conglomerate Sime Darby Bhd expects palm oil prices to firm up between RM2,200 and RM2,500 per tonne until end-June as it moves into a low-crop season.

     
  • Corporate  |  NOVEMBER 28, 2014 6:42 PM

    Sime Darby mulls listing auto business in mid-2015

    Story by
    www.reuters.com

    Malaysian conglomerate Sime Darby Bhd is considering listing its auto business in July or August next year, its chief executive said on Friday.

     
  • Corporate  |  NOVEMBER 28, 2014 6:40 PM

    Petronas 3Q profit falls 12.4% on weak oil prices

    Story by
    www.reuters.com

    Petroliam Nasional Bhd (Petronas), Malaysia's state oil company, reported on Friday a 12.4% fall in third-quarter profit on weakness in oil prices, the US dollar and liquefied natural gas (LNG) sales.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 6:23 PM

    Sime Darby to extend NBPOL offer deadline

    Story by
    [email protected]

    Diversified conglomerate Sime Darby Bhd will extend its offer period in its takeover bid for dual-listed New Britain Palm Oil Ltd (NBPOL) after the European Commission (EC), whose approval is needed for the deal to proceed, requested additional information.

     
  • Commodities  |  NOVEMBER 28, 2014 6:11 PM

    Rubber market closes mixed today

    Story by
    www.bernama.com

    The Malaysian rubber market closed mixed today due to weaker crude oil price, a dealer said.

     
  • Markets  |  NOVEMBER 28, 2014 6:06 PM

    KL shares end lower, dragged down by oil and gas sector

    Story by
    www.bernama.com

    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended lower for the second consecutive day today, dragged down by oil and gas-related heavyweights.

     
  • Corporate, Finance, Markets  |  NOVEMBER 28, 2014 5:52 PM

    Maybank raises RM1.7 bil in Taiwan issuance

    Story by
    www.bernama.com

    Malayan Banking Bhd (Maybank), has launched an inaugural GreTai Securities Market (GTSM) listed transaction in Taiwan, raising US$500 million (RM1.7 billion) from professional institutional investors.

     
  • Corporate  |  NOVEMBER 28, 2014 5:47 PM

    Sime Darby sees first Ebola casualty in Liberia

    Story by
    [email protected]

    Plantations-based conglomerate Sime Darby saw its first Ebola casualty this month as a 24-year-old general worker in its employ succumbed to the disease.

     
  • World Biz  |  NOVEMBER 28, 2014 5:28 PM

    India supermarkets, phone companies may set up banks

    Story by
    www.bloomberg.com

    India allowed mobile telephone companies and supermarket chains to set up payment banks to provide financial services to millions of its people who lack direct access to them.

     
  • Corporate  |  NOVEMBER 28, 2014 4:59 PM

    Keysight investing RM500 mil to expand Penang operations

    Story by
    www.bernama.com

    Keysight Technologies, a global leader in electronic measurement technology, is investing RM500 million to expand its operations in Penang.

     
  • Commodities & Featured and Exclusive  |  NOVEMBER 28, 2014 4:13 PM

    Commodities slump to 5-year low on Opec’s decision

    Story by
    www.bloomberg.com

    Commodities retreated to a five-year low as crude oil tumbled after Organisation of the Petroleum Exporting Countries (Opec) refrained from cutting output to ease a global glut. Gold and copper also declined.

     
  • Corporate  |  NOVEMBER 28, 2014 3:53 PM

    NTT Data to make M’sia a regional hub

    Story by
    www.bernama.com

    NTT Data Business Solutions Malaysia Sdn Bhd, a reseller of enterprise application software, will make Malaysia its regional hub to service customers better across Southeast Asia.

     
  • Markets  |  NOVEMBER 28, 2014 3:46 PM

    KL shares lower at mid-afternoon

    Story by
    www.bernama.com

    Bursa Malaysia was lower at mid-afternoon today despite the mostly higher regional markets, a dealer said.

     
  • World Biz  |  NOVEMBER 28, 2014 3:41 PM

    OnePlus: One phone by invitations only

    Story by
    www.bloomberg.com

    You cannot buy a OnePlus One smartphone. To buy one, you need an invitation. To get an invitation, you need to know someone who has one or you must compete for the chance to get an invite.

     
  • Corporate  |  NOVEMBER 28, 2014 3:36 PM

    Public Mutual declares RM285 mil distribution for 8 funds

    Story by
    www.bernama.com

    Public Bank Bhd's wholly-owned subsidiary, Public Mutual Bhd, has declared distributions of RM285 million for eight funds for the financial year ending Nov 30, 2014.

     
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