STORIES TAGGED WITH

  • World Biz  |  OCTOBER 24, 2014 7:06 PM

    Truck manufacturers said to be investigated by EU

    Story by
    www.bloomberg.com

    Daimler AG and Volvo AB are among truckmakers poised to get a European Union (EU) antitrust complaint for suspected collusion, according to three people with knowledge of the probe.

     
  • Markets  |  OCTOBER 24, 2014 6:47 PM

    OCK Group to transfer to Main Market

    Story by
    www.bernama.com

    OCK Group Bhd has received approval from the respective authorities for its proposed transfer from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd.

     
  • Corporate, Featured and Exclusive, Markets  |  OCTOBER 24, 2014 6:46 PM

    Aabar fund demands more for RHB Cap stake

    Story by
    www.reuters.com

    Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's no.4 bank, sources say, as the Abu Dhabi state fund leverages on its amplified role in a US$22 billion (RM72 billion) merger that will create Southeast Asia's fourth-largest lender.

     
  • Property  |  OCTOBER 24, 2014 6:40 PM

    China’s house prices ease in September

    Story by
    www.bernama.com

    China's house prices continued to ease for the fifth consecutive month in September, although the government has relaxed housing loan restrictions.

     
  • Economy  |  OCTOBER 24, 2014 6:32 PM

    M’sia can weather economic fallouts, says HSBC

    Story by
    www.bernama.com

    Malaysia's sound macro fundamentals will help to weather potential fallouts in its equities market, HSBC Bank Malaysia Bhd said.

     
  • Markets  |  OCTOBER 24, 2014 6:13 PM

    Ringgit eases against US$ at close

    Story by
    www.bernama.com

    The ringgit eased further against the US dollar today, with most players remaining on the sidelines to avoid taking long positions, as they await the outcome of the US Federal Reserve meeting next week, dealers said.

     
  • Corporate  |  OCTOBER 24, 2014 6:09 PM

    Fluor, Technip awarded M’sia refinery project

    Story by
    www.bernama.com

    Fluor Corporation (NYSE: FLR), in a joint venture with Technip, has been awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities Sdn Bhd, for the Petronas Refinery and Petrochemical Integrated Development (Rapid) project located in Pengerang, Johor, Malaysia.

     
  • Markets  |  OCTOBER 24, 2014 5:59 PM

    Investors urged focus on O&G firms with economic moats

    Story by
    www.bernama.com

    Investors are better off focusing their attention on the few oil and gas (O&G) companies with economic moats amid the recent sell-down.

     
  • Markets  |  OCTOBER 24, 2014 5:53 PM

    KL shares end higher, CI up 8.18 pts

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia closed higher today following Wall Street's overnight rally, dealers said.

     
  • Commodities  |  OCTOBER 24, 2014 5:45 PM

    M’sian rubber market extends uptrend at close

    Story by
    www.bernama.com

    The Malaysian rubber market extended its uptrend to close at a seven-week high today on the back of a weaker ringgit and higher crude oil prices, said a dealer.

     
  • Economy & World Biz  |  OCTOBER 24, 2014 5:16 PM

    Mario Draghi’s German problem

    Story by
    www.reuters.com

    In early October, European Central Bank board member Benoit Coeure paid a discreet visit to the Chancellery in Berlin to express concerns about rising criticism of the bank from German politicians.

     
  • Corporate & Featured and Exclusive  |  OCTOBER 24, 2014 5:03 PM

    Penang govt must clarify land sale to individual, says retiree

    Story by
    www.bernama.com

    A retiree has claimed that the state government has not been transparent in its administration when it sold a piece of land 2.1 metres by 21.3 metres by the main road to a house owner.

     
  • World Biz  |  OCTOBER 24, 2014 5:03 PM

    FC Barcelona risks RM2.2bil over Catalan referendum

    Story by
    www.bloomberg.com

    If a breakup of the country leads to Barcelona’s exclusion from the Spanish league, the club may lose supporters from the rest of the world, in addition to much of its 530 million euros (RM2.2 billion) of annual sales, Burns said.

     
  • Corporate  |  OCTOBER 24, 2014 4:51 PM

    SapuraKencana heavy selling sees net widening of safety

    Story by
    www.bernama.com

    The heavy selling in SapuraKencana Petroleum Bhd (SAKP) has resulted in a net widening of the margin of safety, says Credit Suisse.

     
  • World Biz  |  OCTOBER 24, 2014 4:37 PM

    Russian bank taking EU to court over sanctions

    Story by
    www.bloomberg.com

    OAO Sberbank said it is taking the European Union (EU) to court, over sanctions imposed against Russia’s largest lender, in response to the Kremlin’s policies in Ukraine.

     
  • Corporate  |  OCTOBER 24, 2014 4:30 PM

    PIAM appoints Mark Lim as new CEO

    Story by
    www.bernama.com

    The General Insurance Association of Malaysia (PIAM) has announced the appointment of Mark Lim Kian Wei as its new chief executive officer.

     
  • Finance  |  OCTOBER 24, 2014 4:30 PM

    M’sia bonds set to snap 5-week rally on global outlook

    Story by
    www.bloomberg.com

    Malaysia’s 10-year government bonds were poised for their first weekly decline in six, halting the longest run of gains since they were issued in January, as an improved global growth outlook reduced the allure of debt.

     
  • Economy & World Biz  |  OCTOBER 24, 2014 4:30 PM

    Australia talks to tackle TPP’s “most contentious issues”

    Story by
    www.bernama.com

    Negotiators at the Trans-Pacific Partnership talks in Australia this week will be dealing with some of the most contentious issues in the controversial pact, Xinhua news agency reported.

     
  • World Biz  |  OCTOBER 24, 2014 4:21 PM

    Goldman, Inner Circle hired by NBA’s Hawks to sell team

    Story by
    www.bloomberg.com

    The Atlanta Hawks retained Goldman Sachs Group Inc and Inner Circle Sports to sell the National Basketball Association (NBA) club, team spokesperson Garin Narain said.

     
  • World Biz  |  OCTOBER 24, 2014 3:35 PM

    Rolls-Royce plans low-cost transmissions plant

    Story by
    www.bloomberg.com

    Rolls-Royce Holdings Plc plans to build a plant in a lower-cost location to produce transmissions for its full range of future aircraft engines, after sealing a joint-venture deal with the Hispano-Suiza unit of Safran SA.

     
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