STORIES TAGGED WITH

  • Corporate & World Biz  |  OCTOBER 31, 2014 3:29 PM

    Strong Playstation 4 sales reduce Sony’s 2Q loss

    Story by
    www.reuters.com

    Japan's Sony Corp reported a second-quarter (2Q) operating loss on Friday that was narrower than analysts had estimated, as blockbuster sales of its PlayStation 4 games console reduced the impact of a sluggish smartphone division.

     
  • World Biz  |  OCTOBER 31, 2014 3:23 PM

    Fonterra: China lifts 15-month whey import suspension

    Story by
    www.bloomberg.com

    Fonterra Cooperative Group Ltd, the world’s biggest dairy exporter, can from tomorrow restart sales of the company’s products containing whey in China after the country lifted a 15-month ban.

     
  • World Biz  |  OCTOBER 31, 2014 3:13 PM

    BNP Paribas Q3 profit jumps 11%

    Story by
    www.bloomberg.com

    BNP Paribas SA, France’s largest bank, said profit rose 11% in the third quarter, helped by a rebound in fixed income trading and lower provisions.

     
  • Economy & Singapore  |  OCTOBER 31, 2014 3:13 PM

    S’pore’s 3Q14 unemployment remains low

    Story by
    www.bernama.com

    Unemployment in Singapore in the third quarter of 2014 (3Q14) remained low and steady, with employment growth largely unchanged from the previous quarter, although layoffs increased, reflecting business restructuring.

     
  • World Biz  |  OCTOBER 31, 2014 3:04 PM

    Samsung Electronics jumps 5.3%, most since 2008

    Story by
    www.bloomberg.com

    Samsung Group companies surged, led by the biggest three-day rally in Samsung Electronics Co in six years, amid growing speculation of a shareholder-friendly restructuring at South Korea’s biggest conglomerate.

     
  • Corporate, Finance, World Biz  |  OCTOBER 31, 2014 3:04 PM

    Maybank in tie-up to offer Islamic funds in China

    Story by
    www.reuters.com

    A tie-up between Malaysian and Hong Kong asset managers aims to market Islamic funds in mainland China, helping expand sharia-compliant investment products outside the industry's core centres in southeast Asia and the Middle East.

     
  • Commodities  |  OCTOBER 31, 2014 2:52 PM

    Oil set for biggest monthly drop since 2012 on oversupply

    Story by
    www.bloomberg.com

    West Texas Intermediate (WTI) headed for the biggest monthly decline in more than two years amid signs that Organisation of Petroleum Exporting Countries (Opec) boosted output to a 14-month high, even as crude slumped into a bear market. Brent was steady in London.

     
  • Corporate  |  OCTOBER 31, 2014 2:51 PM

    Dagang Nexchange slapped with UMA

    Story by
    [email protected]

    Dagang Nexchange Bhd has been issued an unusual market activity query (UMA) on the rise in price and volume recently in the company’s shares.

     
  • TigerTalk  |  OCTOBER 31, 2014 2:46 PM

    Will Eco World be M’sia’s first non O&G Spac?

    Story by
    [email protected]

    Malaysia has four companies who have listed as special purpose acquisition companies (Spac) since the Securities Commission introduced the model. All of which have been oil and gas focused. The absence of a non oil and gas Spac is not from a lack of trying, so could Liew Kee Sin’s prospective property Spac be the first break the trend?

     
  • World Biz  |  OCTOBER 31, 2014 2:40 PM

    Sinopec to use RM57.5bil-stake sale to lower debt

    Story by
    www.reuters.com

    Asia's largest oil refiner Sinopec Corp, which on Thursday posted a 12% fall in quarterly earnings, aims to use part of US$17.5 billion (RM57.5 billion) in proceeds from a stake sale to boost shale gas production and lower debt.

     
  • Corporate  |  OCTOBER 31, 2014 2:36 PM

    Carimin sees 22.1 times oversubscription for IPO

    Story by
    [email protected]

    Carimin Petroleum Bhd, secured a 22.1 times oversubscription for the public tranche of 11.7 million shares in its initial public offering, with the group receiving 13421 applications for a total of 269.7 million shares, equivalent to RM296.6 million in value.

     
  • Finance  |  OCTOBER 31, 2014 2:36 PM

    Japanese bonds advance after BOJ expands stimulus

    Story by
    www.bloomberg.com

    Japan’s government bonds rose, pushing 10- and 20-year yields to 18-month lows, after the central bank unexpectedly raised its target for monetary-base expansion and extended the maturity of its debt purchases.

     
  • Corporate  |  OCTOBER 31, 2014 2:26 PM

    PIVB initiates coverage on AirAsia with ‘Outperform’

    Story by
    [email protected]

    PublicInvest Research (PIVB) has initiated coverage on AirAsia Bhd with an 'Outperform' recommendation and a target price of RM2.82.

     
  • World Biz  |  OCTOBER 31, 2014 2:15 PM

    Qatar Airways offers free 2nd Business Class ticket

    Story by
    www.bernama.com

    Qatar Airways is offering customers in Malaysia a free second Business Class ticket when they book a Business Class ticket for their travelling partner.

     
  • World Biz  |  OCTOBER 31, 2014 2:12 PM

    Lockheed’s latest F-35 fighter contract valued at RM15 bil

    Story by
    www.bloomberg.com

    Lockheed Martin Corp’s latest contract for 43 F-35 fighters has a value of about US$4.6 billion (RM15 billion), with prospects for a deal for as many as 153 more aircraft about a year from now, according to the Pentagon.

     
  • Corporate, Featured and Exclusive, Singapore  |  OCTOBER 31, 2014 2:07 PM

    Fitch: S’pore casinos face regulation, competition

    Story by
    [email protected]

    Fitch Ratings has noted increased regional competition and potential changes to gaming policies as the reason the medium-term growth and profitability outlook of Singapore casinos may see a dip. However, the drop in revenue from VIP clients for the second half of 2014 is noted as temporary by the ratings agency, and that the segment’s recovery will provide some breathing room in 2015 for Marina Bay Sands and Resorts World Sentosa, Singapore’s two casinos.

     
  • Economy  |  OCTOBER 31, 2014 2:07 PM

    BI to manage inflation as higher fuel prices loom

    Story by
    www.bloomberg.com

    Bank Indonesia will seek to ensure inflation remains manageable and any impact from an impending fuel price increase is temporary, central bank deputy governor Perry Warjiyo said.

     
  • Economy  |  OCTOBER 31, 2014 1:55 PM

    Chua: Postponing GST would hurt economy

    Story by
    www.bernama.com

    Further postponement of the Goods and Services Tax (GST) would hurt the economy more, said Deputy Finance Minister Chua Tee Yong.

     
  • World Biz  |  OCTOBER 31, 2014 1:47 PM

    Takata, Honda sued in California for recalls

    Story by
    www.bloomberg.com

    Takata Corp and Honda Motor Co were sued by a driver seeking damages, on behalf of the owners of 5 million Honda and Acura models recalled so far in the US to replace potentially unsafe airbags.

     
  • Corporate, Featured and Exclusive, Singapore  |  OCTOBER 31, 2014 1:34 PM

    Arbitral tribunal decides M+S not liable for charges

    Story by
    www.bernama.com

    An arbitral tribunal appointed by Malaysia and Singapore has decided that a joint investment company of the two countries will not be conditionally liable to pay development charges on the former Malayan Railway parcels of land in Keppel, Kranji and Woodlands.

     
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