STORIES TAGGED WITH

  • Commodities  |  SEPTEMBER 24, 2014 8:07 AM

    Gold up after US air strikes but fails to sustain rally

    Story by
    www.reuters.com

    Gold rose on Tuesday after the first US-led airstrikes against Islamic State and other militants inside Syria, but early gains evaporated amid a lack of follow through buying.

     
  • TigerTalk  |  SEPTEMBER 24, 2014 8:00 AM

    YTL Power International Bhd: All the wrong moves?

    Story by
    [email protected]

    Low-key YTL Power was unwittingly propelled into the limelight when it dropped out of the controversial Track 4A power plant project. It also owns loss-making YTL Communications Sdn Bhd, which some analysts think is a liability. Is this company making …

     
  • Markets  |  SEPTEMBER 24, 2014 7:57 AM

    US dollar steady against major currencies, euro up slightly

    Story by
    www.reuters.com

    The dollar held steady against other major currencies on Tuesday after a flurry of profit-taking that also helped lift the battered euro.

     
  • Commodities  |  SEPTEMBER 24, 2014 7:49 AM

    Brent falls due to ample supplies, US oil rallies

    Story by
    www.reuters.com

    Brent crude oil inched lower on Tuesday as ample global supplies outweighed tensions in the Middle East, while US oil bounced higher after four sessions of losses.

     
  • Featured and Exclusive, Markets, World Biz  |  SEPTEMBER 24, 2014 7:33 AM

    US stocks end lower, S&P 500 down for 3rd straight day

    Story by
    www.reuters.com

    US stocks fell on Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.

     
  • World Biz  |  SEPTEMBER 24, 2014 12:26 AM

    P&G selling European pet-food unit to Spectrum

    Story by
    www.bloomberg.com

    Procter & Gamble Co. is selling its remaining pet-food business to Spectrum Brands Holdings Inc. as the world’s largest consumer-products company seeks to focus on its main home and personal-care businesses. The transaction includes the Iams and Eukanuba brands in …

     
  • World Biz  |  SEPTEMBER 24, 2014 12:20 AM

    BlackBerry’s square passport phone feeds shift to biz users

    Story by
    www.bloomberg.com

    BlackBerry Ltd.’s plans to unveil a square-screened smartphone are further emphasizing Chief Executive Officer John Chen’s shift away from the consumer market toward business and professional users. The Passport is BlackBerry’s first major new device slated for a global introduction …

     
  • World Biz  |  SEPTEMBER 24, 2014 12:10 AM

    Low Samsung stock lures Templeton Global Equity Fund

    Story by
    www.bloomberg.com

    Franklin Templeton Investments is betting a rout in Samsung Electronics Co. shares is overdone. Peter Wilmshurst, who oversees two funds with more than US$500 million at Franklin Templeton, said he’s investing in South Korea’s biggest company because valuations are attractive …

     
  • Corporate  |  SEPTEMBER 24, 2014 12:00 AM

    RMAF to receive first Airbus A400M in 1Q next year

    Story by
    www.bernama.com

    The Royal Malaysian Air Force’s (RMAF) first Airbus A400M new generation airlifter is expected to arrive in the first quarter next year. In a statement today, Airbus Defence and Space said this would be followed by two more later in …

     
  • Economy  |  SEPTEMBER 23, 2014 11:54 PM

    Thailand must disburse RM10 bil to boost economy

    Story by
    www.bernama.com

    Thailand must disbursed 100 billion baht for investment, construction and other areas in the first three months of its fiscal year 2015 starting Oct 1 in order to boost its economy, Prime Minister Gen.Prayuth Chan-ocha said. The economy will not …

     
  • Issues  |  SEPTEMBER 23, 2014 9:00 PM

    SP Setia in leadership crisis

    Story by
    [email protected]

    After a second CEO resignation within nine months, property developer SP Setia have yet to have a permanent replacement for long-time boss Liew Kee Sin, who left in April this year. Why is major shareholder PNB taking its time over …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 23, 2014 8:27 PM

    MAHB mulls RM1.2 bil question on Turkey airport subsidiary

    Story by
    [email protected]

    If the airport operator chooses to exercise its right of first refusal for the remaining 40% in the Sabiha Gokcen International Airport’s operator, it would have to fork out RM1.2 billion.

     
  • Corporate  |  SEPTEMBER 23, 2014 8:22 PM

    SC approves RHB Bank’s RM16.2 bil EMTN programme

    Story by
    www.bernama.com

    RHB Capital Bhd’s unit, RHB Bank Bhd has obtained the Securities Commission Malaysia’s approval and authorisation for the establishment of the Euro medium-term note (EMTN) programme. In a filing to Bursa Malaysia, the group said RHB Bank may issue up …

     
  • Commodities  |  SEPTEMBER 23, 2014 7:53 PM

    CPO prices end higher on renewed interest

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rebounded to close higher today on renewed buying interest, a dealer said. Phillip Futures Sdn Bhd derivative product specialist, David Ng, told Bernama the CPO futures closed higher today on …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 23, 2014 7:39 PM

    MAS reports load factor of 71%, lowest since May

    Story by
    [email protected]

    Malaysia Airlines reported another month of low passenger numbers in the aftermath of two tragic air disasters to befall the flag carrier this year.

     
  • Corporate  |  SEPTEMBER 23, 2014 7:23 PM

    Insurance sector sees steady growth in 1H14

    Story by
    [email protected]

    The Malaysian general insurance industry has continued to record steady growth in the first six months of 2014 with its gross written premium growing by 6.4% to RM 8.9 billion compared to RM 8.3 billion registered in the same period …

     
  • Featured and Exclusive, Markets, World Biz  |  SEPTEMBER 23, 2014 7:16 PM

    Jimmy Choo plans Oct IPO in London

    Story by
    www.bloomberg.com

    The high fashion house is seeking RM3 billion in valuation, eyeing investors even as larger luxury companies confront slumping demand in Asia.

     
  • Corporate  |  SEPTEMBER 23, 2014 7:08 PM

    PNB sells off UMW shares

    Story by
    [email protected]

    Permodalan Nasional Bhd (PNB) has ceased from being a direct substantial shareholder of UMW Holdings Bhd, according to a filing on Bursa Malaysia today. According to the company’s statement, PNB has disposed 10 million UMW Holdings’ shares reducing its total …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 23, 2014 7:03 PM

    Veolia clinches 20-year water deal for 1MDB’s TRX

    Story by
    [email protected]

    Tun Razak Exchange today announced the signing of a 20-year concession agreement with Veolia Water Technologies Southeast Asia for wastewater treatment and recycled water supply.

     
  • Corporate  |  SEPTEMBER 23, 2014 6:45 PM

    MRCB shortlisted for incinerator project

    Story by
    www.bernama.com

    Malaysian Resources Corp Bhd (MRCB) has been shortlisted to bid for the 1,000-tonne per day waste-to-energy incinerator project in Taman Beringin, Kepong, which is estimated to cost up to RM800 million. Its chief financial officer, Ann Wan Tee, said the …

     
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