STORIES TAGGED WITH

  • World Biz  |  AUGUST 20, 2014 8:26 PM

    Apple, Google CEO contender seeking second act in Silicon Valley

    Story by
    www.bloomberg.com

    Joe Costello was once a contender for the top jobs at Apple Inc., Google Inc. and Yahoo! Inc. Then, he all but vanished from Silicon Valley’s elite circles. Now, the technology veteran is back, though in a smaller role. The …

     
  • Commodities  |  AUGUST 20, 2014 8:04 PM

    CPO futures prices fall on selling pressure

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives hit the lowest level since almost five years at the close today on continued selling pressure, a dealer said. Phillip Futures Sdn Bhd derivative product specialist, David Ng, said prices plunged …

     
  • Corporate  |  AUGUST 20, 2014 7:57 PM

    Dagang Nexchange 2Q pre-tax profit rises to RM6.51 mil

    Story by
    www.bernama.com

    Dagang NeXchange Bhd’s (DNeX) pre-tax profit for the second quarter ended June 30, 2014 rose to RM6.51 million from RM4.89 million in the same quarter a year ago. Revenue decreased to RM20.59 million from RM24.9 million previously, the company said in …

     
  • Corporate  |  AUGUST 20, 2014 7:34 PM

    Deleum half-year earnings up 25% on Oilfield Services Boost

    Story by
    [email protected]

    The company’s Oilfield Services segment nearly tripled its earnings for the current six-month period to date on increased activities, offsetting losses from the maintenance segment

     
  • Corporate & Featured and Exclusive  |  AUGUST 20, 2014 7:33 PM

    AirAsia’s earnings continue to slide, down 17% in 2Q

    Story by
    [email protected]

    Earnings for Malaysia’s AirAsia Bhd continue to slide as the airline struggles to make the most of the competitive, low-yield environment.

     
  • Corporate  |  AUGUST 20, 2014 6:51 PM

    Boustead Plantations 2Q pre-tax profit rises to RM20.97 mil

    Story by
    www.bernama.com

    Boustead Plantations Bhd’s pre-tax profit for the second quarter ended June 30, 2014 rose to RM20.97 million compared with a pre-tax loss of RM16.53 million in the corresponding period last year. Its revenue increased to RM188.72 million from RM151.77 million …

     
  • Corporate  |  AUGUST 20, 2014 6:43 PM

    MSM pre-tax profit for 2Q falls to RM102.9 mil

    Story by
    www.bernama.com

    MSM Malaysia Holdings Bhd's pre-tax profit for the second quarter ended June 30, 2014 fell to RM102.9 million from RM123.2 million a year ago.

     
  • Markets  |  AUGUST 20, 2014 6:37 PM

    KL shares close on a bullish note, all-time high volume

    Story by
    www.bernama.com

    Shares on Bursa Malaysia closed on a bullish note today. Dealers say that volume was at an all-time high.

     
  • Corporate & Finance  |  AUGUST 20, 2014 6:33 PM

    Credit Guarantee Corp CEO to retire in Dec

    Story by
    [email protected]

    Credit Guarantee Corporation Malaysia Berhad (CGC) is set to see its long-time president and chief executive officer Wan Azhar Wan Ahmad leave by year-end on retirement.

     
  • Economy & Featured and Exclusive  |  AUGUST 20, 2014 6:17 PM

    Malaysia’s annual inflation below expectations at 3.2%

    Story by
    www.reuters.com

    Malaysia's consumer price index in July rose 3.2% from a year earlier, marginally below expectations and easing slightly from a month ago, data from the Statistics Department showed on Wednesday.

     
  • Corporate  |  AUGUST 20, 2014 6:15 PM

    KLK 3Q14 profits up 21% on higher output, lower costs

    Story by
    [email protected]

    Plantations player Kuala Lumpur Kepong Bhd (KLK) saw its pre-tax earnings for the third quarter ended June 30, 2014 rose 21% on favourable selling prices, higher production and lower costs. In a regulatory filing, KLK said its profit before tax …

     
  • Corporate  |  AUGUST 20, 2014 6:06 PM

    Petronas gives Sabah 10% stake in LNG9

    Story by
    www.bernama.com

    Petroliam Nasional Bhd (Petronas) has agree to give the Sabah state government a 10% stake in Liquefied Natural Gas Sdn Bhd 9 (LNG 9) in Bintulu, Sarawak.

     
  • Economy  |  AUGUST 20, 2014 6:04 PM

    Thai manufacturers expect 2% economic growth this year

    Story by
    www.bernama.com

    Thai manufacturers expect the country’s economy to grow by about 2% this year and between 4.5 and 5% next year. Chairman of Federation of Thai Industries, Supant Mongkolsuthee, said the government’s ability to launch new economic stimulus policy would boost growth. …

     
  • Markets  |  AUGUST 20, 2014 6:01 PM

    Europe stocks little changed; biggest gain since April

    Story by
    www.bloomberg.com

    European stocks were little changed, following the biggest two-day gain since April, as investors awaited cues from central banks. US index futures and Asian shares were also little changed. Heineken NV advanced 6.3% after reporting first-half profit that exceeded analysts’ …

     
  • World Biz  |  AUGUST 20, 2014 5:51 PM

    Modi rival shake populist tag during visit to S’pore

    Story by
    www.bloomberg.com

    India’s West Bengal state has secured at least US$32 million(RM100 million) in infrastructure funding from Singapore, as chief minister

     
  • Markets  |  AUGUST 20, 2014 5:37 PM

    Ringgit closes lower against US dollar

    Story by
    www.bernama.com

    The ringgit closed lower against the US dollar today in tandem with most emerging Asian currencies.

     
  • Markets  |  AUGUST 20, 2014 5:27 PM

    India Rupee erases losses on optimism deficit

    Story by
    www.bloomberg.com

    India’s rupee erased losses on speculation the government’s efforts to cut the budget deficit will draw more funds from overseas. Global investors purchased a net US$363 million(RM1145 million) of Indian bonds last week before markets closed for holidays on Aug. …

     
  • Commodities  |  AUGUST 20, 2014 5:21 PM

    Rubber market closes slightly higher

    Story by
    www.bernama.com

    The Malaysian rubber market closed slightly higher today on further weakening of the ringgit, a dealer said.

     
  • Commodities  |  AUGUST 20, 2014 5:19 PM

    Malaysian palm oil prices falls to 5-year low

    Story by
    www.reuters.com

    Malaysian palm oil lost more ground on Wednesday, falling for a sixth consecutive session to its lowest since October 2009 as slowing exports and prospects of near-record US soybean production weighed on the market.

     
  • Corporate  |  AUGUST 20, 2014 5:09 PM

    RAM revises KPJ unit’s debt issue to negative

    Story by
    [email protected]

    RAM Ratings has revised its outlook on the long-term rating of KPJ Healthcare Bhd’s wholly-owned subsidiary, Point Zone (M) Sdn Bhd’s RM500 million debt issue from stable to negative.

     
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