STORIES TAGGED WITH

  • Corporate  |  APRIL 18, 2014 10:25 PM

    Key Chinese leader calls on Najib

    Story by
    www.bernama.com

    A Chinese key leader called on Prime Minister Najib Razak at Malaysia’s administrative capital here today, signifying a prevailing warm Malaysia-China ties. Najib received a courtesy call from Communist Party of China (CPC) Central Committee Political Bureau member Hu Chunhua …

     
  • Corporate  |  APRIL 18, 2014 9:37 PM

    Faber board accepts UEM Group’s RM1.15 bil AFM offer

    Story by
    www.bernama.com

    The Board of Directors of Faber Group Bhd (Faber) have accepted the RM1.15 billion offer to acquire the Asset & Facility Management (AFM) businesses of its single largest shareholder, UEM Group Bhd (UEM Group). Faber entered into a conditional share …

     
  • Corporate  |  APRIL 18, 2014 9:26 PM

    MRCB signs Corporate Integrity Pledge

    Story by
    www.bernama.com

    Malaysian Resources Corp Bhd (MRCB)today signed the Corporate Integrity Pledge (CIP), which signalled its continued commitment to maintain a

     
  • World Biz  |  APRIL 18, 2014 8:31 PM

    Thai Kasikornbank 1Q net profit up 18%, beats forecast

    Story by
    www.reuters.com

    Kasikornbank Pcl, Thailand’s fourth-largest lender, reported a better-than-expected 18% rise in first-quarter net profit on Friday due to growth in loans to large corporate customers and lower operating costs. The bank posted a net profit of 11.9 billion baht (US$369.85 …

     
  • Featured and Exclusive & Opinion  |  APRIL 18, 2014 8:30 PM

    How can Yahoo be worth less than zero?

    Story by
    www.bloomberg.com

    Yahoo Inc is a public company consisting of a portfolio of whatever you think Yahoo is, a 35 percent stake in a separate but similar publicly traded company called Yahoo Japan, and a 24 percent stake in a separate, different, soon-to-be-publicly …

     
  • World Biz  |  APRIL 18, 2014 8:13 PM

    Audi expects to sell half million cars in China this year

    Story by
    www.reuters.com

    Volkswagen’s flagship luxury division Audi said it plans to sell half a million cars this year in China, the world’s biggest auto market, and raise the number of its Chinese dealers to 500 by 2017. Audi Chief Executive Rupert Stadler …

     
  • Commodities  |  APRIL 18, 2014 8:02 PM

    Gold futures still bearish on slow demand

    Story by
    www.bernama.com

    Gold futures contract on Bursa Malaysia Derivatives today continued its bearish performance ahead of the weekend amid slow demand, a dealer said. “Trading was on very low volume and on low volatility range in an almost stagnant market as the New York Commodity …

     
  • Corporate  |  APRIL 18, 2014 8:00 PM

    MAS load factor falls to 74.1% in March

    Story by
    [email protected]

    Malaysia Airlines’ load factor drops 4.8 percentage points to a 13-month low as MH370 tragedy takes its toll on passenger confidence

     
  • Commodities  |  APRIL 18, 2014 7:49 PM

    CPO futures ease on mild profit-taking

    Story by
    www.bernama.com

    The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today on mild profit-taking ahead of the weekend. A dealer said the recent rally in prices prompted some cautious traders to take profits, however, the expectations of better export numbers …

     
  • Corporate & Property  |  APRIL 18, 2014 7:46 PM

    Bina Puri and Titijaya Land enter JV agreement

    Story by
    [email protected]

    Bina Puri Holdings Berhad and Titijaya Land Berhad has announced a joint venture agreement today for a mixed development project near Brickfields. According to separate statements to Bursa Malaysia today, Bina Puri Construction Sdn Bhd, a wholly-owned subsidiary of Bina …

     
  • World Biz  |  APRIL 18, 2014 7:45 PM

    Bangkok Bank 1Q net profit falls 0.5%; beats estimates

    Story by
    www.reuters.com

    Bangkok Bank PCL on Friday reported a 0.5% fall in quarterly profit as political unrest and a slowing economy damped loan demand at Thailand’s largest lender by assets. Net profit reached 8.97 billion baht (US$279 million) in January-March, the bank …

     
  • Markets  |  APRIL 18, 2014 6:44 PM

    KLCI futures close higher in sync with cash market

    Story by
    www.bernama.com

    The FTSE Bursa Malaysia KLCI Futures (FKLI) contract on Bursa Malaysia Derivatives closed higher today in tandem with the positive underlying cash market, a dealer said. Phillip Futures Sdn Bhd Dealer Thomas Yew Jia-Jong said the higher FKLI  logged in a positive …

     
  • Corporate & Featured and Exclusive  |  APRIL 18, 2014 6:32 PM

    RM1.8 bil loss at 1MDB if not for revaluation gains?

    Story by
    [email protected]

    The country’s so-called strategic fund, 1Malaysia Development Fund could have made as much as RM1.8 billion in losses if not for massive revaluation gains which could have amounted to as much as RM2.7 billion. According to a recent Singapore Business …

     
  • Markets  |  APRIL 18, 2014 6:06 PM

    Shares end slightly higher on mild momentum

    Story by
    www.bernama.com

    Bursa Malaysia ended the week marginally higher today with mild buying momentum in heavyweights and lower liners, a dealer said. Most regional stock markets were closed today for the Good Friday holiday. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed 2.15 points …

     
  • Markets  |  APRIL 18, 2014 5:54 PM

    Ringgit ends lower as demand for US dollar rises

    Story by
    www.bernama.com

    The ringgit closed lower against the US dollar today as the impact of comments made by the US Federal Reserve’s Chairperson Janet Yellen on monetary policy, simmered down, dealers said. At 5pm, the local unit was quoted at 3.2390/2420 against the greenback compared with …

     
  • TigerTalk  |  APRIL 18, 2014 5:30 PM

    Syed Mokhtar cutting losses at Albukhary University?

    Story by
    [email protected]

    Could Malaysia’s seventh richest man, worth billions, be looking to plug a drain on his charitable foundation’s finances? If true, it’s nothing but a short-term patch job that could cost him his reputation in the long-term. Tiger wades through the thick undergrowth of the corporate jungle to pounce on the answers.

     
  • Markets  |  APRIL 18, 2014 5:16 PM

    Ringgit volatility falls again as Zeti damps rate bets

    Story by
    www.bloomberg.com

    A measure of expected swings in the ringgit dropped for a second week after Malaysia’s central bank damped market speculation that interest rates will rise. Bank Negara Malaysia Governor Zeti Akhtar Aziz said in an interview in Washington last weekend …

     
  • Corporate  |  APRIL 18, 2014 4:29 PM

    klia2 gets certificate of completion and compliance

    Story by
    www.bernama.com

    klia2, the world’s largest purpose-built terminal for low-cost carriers, has obtained the Certificate of Completion and Compliance (CCC) from UEMC-Bina Puri JV, the main terminal building contractors. The issuance of the CCC not only certifies the safety of the project but is also …

     
  • Featured and Exclusive & Opinion  |  APRIL 18, 2014 4:18 PM

    A tribute to Karpal Singh

    Story by
    [email protected]

    While opposition politics defined Karpal in the public eye, and as important as that was in the overall scheme of things, Karpal's role was much more important than that and more basic - it was about the rule of law, the right to representation, the right to dissent, equality and plain justice at the end of the day.

     
  • Markets  |  APRIL 18, 2014 4:16 PM

    China stocks post steepest weekly loss in a month

    Story by
    www.bloomberg.com

    Chinese stocks posted their steepest weekly loss in a month, as slowing growth in home prices dragged down smaller real-estate companies and China Merchants Property Development Co. reported a drop in profit. China Merchants Property fell 1.1 percent to a …

     
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