STORIES TAGGED WITH

  • World Biz  |  SEPTEMBER 2, 2014 5:05 PM

    Nissan’s Andy Palmer said to be new CEO at Aston Martin

    Story by
    www.bloomberg.com

    Aston Martin Lagonda Ltd. tapped Nissan Motor Co. executive Andy Palmer to run the 101-year-old UK sports-car maker, according to three people familiar with the situation. Palmer will join Aston Martin as its next chief executive officer, according to the …

     
  • Corporate  |  SEPTEMBER 2, 2014 4:46 PM

    CCM MD to resign, returns to Maybank

    by VIOLET OOI

    The managing director of Chemical Company of Malaysia (CCM) Berhad, Amirul Feisal Wan Zahir, is resigning from Oct 1, 2014 after nearly four years heading the company, to join Malayan Banking Berhad (Maybank). In a regulatory announcement last Friday, CCM …

     
  • World Biz  |  SEPTEMBER 2, 2014 4:40 PM

    McD to boost China supplier audits after safety scandal

    Story by
    www.reuters.com

    McDonald’s Corp will increase the number of audits it conducts of suppliers in China, the firm said on Tuesday, after a food scandal in July dented China sales at the US fast food chain and rival Yum Brands Inc. In …

     
  • Corporate  |  SEPTEMBER 2, 2014 4:39 PM

    Naza target sales of 2,400 units of Chevrolet Malibu

    Story by
    www.bernama.com

    NAZA Quest Sdn Bhd targets to sell 2,400 units of its brand new Chevrolet Malibu LTZ executive sedan in the next 12 months, driving on positive track record of the model regionally.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 2, 2014 4:18 PM

    Toshiba to supply 1MDB’s new Jimah plant with turbines

    Story by
    [email protected]

    Won an engineering, procurement and construction contract to supply two 1,000 megawatt coal-fired turbines.

     
  • World Biz  |  SEPTEMBER 2, 2014 4:06 PM

    Nissan says Aug China auto sales fell 0.7% y-o-y

    Story by
    www.reuters.com

    Japanese automaker Nissan Motor Co Ltd said on Tuesday that, together with its Chinese joint venture partner, it sold about 85,500 automobiles in China in August, down 0.7% from a year earlier. That follows an 12.3% year-on-year drop in July …

     
  • Corporate  |  SEPTEMBER 2, 2014 4:05 PM

    Abundant investment opportunites in M’sia- Wahid

    Story by
    www.bernama.com

    Investment opportunities abound for international fund managers in Malaysia and among public-listed companies in the country, given the strong growth fundamentals of the economy.

     
  • World Biz  |  SEPTEMBER 2, 2014 3:56 PM

    Britain rejects London mayor’s airport plan

    Story by
    www.reuters.com

    A plan to build a major new airport to the east of London was rejected by a government-appointed commission on Tuesday, dealing a blow to its high-profile backer, the city’s mayor Boris Johnson. The Airports Commission said the idea to …

     
  • Markets  |  SEPTEMBER 2, 2014 3:47 PM

    KL shares lower at mid-afternoon

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia were lower at mid-afternoon today on lack of buying momentum.

     
  • World Biz  |  SEPTEMBER 2, 2014 3:39 PM

    Abe and Modi vow to strengthen economic ties

    Story by
    www.bloomberg.com

    Prime Minister Shinzo Abe pledged an upgrade of economic and security ties with India, saying Japan would double investment and expand defense cooperation amid concerns about China’s growing influence in the region. Abe and his Indian counterpart Narendra Modi at …

     
  • Corporate  |  SEPTEMBER 2, 2014 3:26 PM

    Maybank sees untapped opportunities in Asean

    Story by
    www.bernama.com

    Maybank Group president and chief executive officer Abdul Farid Alias says there is still an enormous potential for the group to tap the latent business opportunities in the Asean region as part of its growth strategy.

     
  • Finance  |  SEPTEMBER 2, 2014 3:26 PM

    RAM assigns (s)/Stable to Cagamas’s EMTN programme

    by VIOLET OOI

    RAM Ratings has assigned global rating of (s)/Stable to Cagamas Global’s proposed Multi-Currency Medium Term Note Programme (EMTN) of USD2.5 billion. In a statement, RAM Ratings noted that the Labuan-based Cagamas Global was set-up as a wholly owned subsidiary of …

     
  • Markets  |  SEPTEMBER 2, 2014 3:20 PM

    Topix rises as Yen falls on bets for reform minister

    Story by
    www.bloomberg.com

    Japan’s Topix index headed for a seven-month high as the yen weakened amid speculation a politician in favor of pension reform will be appointed health minister, with duties including overseeing retirement savings. The Topix surged 1.3% to 1,299.56 as of …

     
  • World Biz  |  SEPTEMBER 2, 2014 3:05 PM

    Single mom fights billionaire’s casinos with Macau protests

    Story by
    www.bloomberg.com

    Cloee Chao remembers when she first decided to challenge the billionaires of the world’s largest gambling hub. The 34-year-old single mother of two was working in a Macau casino in 2012 and the second-hand smoke was so thick she started …

     
  • Corporate  |  SEPTEMBER 2, 2014 3:00 PM

    Bank Muamalat launch Islamic private banking

    Story by
    www.bernama.com

    Bank Muamalat Malaysia Bhd expects to launch Islamic Private Banking within a year to cater to the growing demand for the service.

     
  • Corporate  |  SEPTEMBER 2, 2014 3:00 PM

    AirAsia X appoints Chew Eng Loke as new CFO

    Story by
    [email protected]

    The long-haul budget airline has appointed former Ogawa World executive Chew as its new chief financial officer effective immediately

     
  • Property  |  SEPTEMBER 2, 2014 2:51 PM

    More Taman Rimbunan Kasih projects in Melaka

    Story by
    www.bernama.com

    The Melaka government plans to implement Taman Rimbunan Kasih projects in all 28 constituencies in the state following the success of the project in Serkam, Jasin. Melaka Chief Minister Idris Haron said the move was aimed at improving the economy …

     
  • Corporate & Economy  |  SEPTEMBER 2, 2014 2:51 PM

    FTAs increase business growth, says HSBC survey

    Story by
    www.bernama.com

    Malaysian businesses leveraging on the free trade agreements (FTAs) have experienced moderate to significant export growth, according to a HSBC survey.

     
  • World Biz  |  SEPTEMBER 2, 2014 2:37 PM

    Mallya challenges ’willful defaulter’ tag in India’s court

    Story by
    www.bloomberg.com

    Kingfisher Airlines Ltd, the Indian carrier shut down after a payment default, will challenge a bank which named the carrier and its founder Vijay Mallya as willful defaulters amid a loan recovery effort by the lenders. Kingfisher intends to pursue …

     
  • Commodities  |  SEPTEMBER 2, 2014 2:33 PM

    KLTM closes lower at US$21,850 a tonne

    Story by
    www.bernama.com

    The Kuala Lumpur Tin Market (KLTM) closed US$110 lower at US$21,850 a tonne today in line with the downtrend in the metal price on the London Metal Exchange (LME).

     
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