• World Biz  |  JANUARY 29, 2015 8:16 PM

    Strong US$ bites into Colgate’s Q4 sales

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    Colgate-Palmolive Co, the world's largest toothpaste maker by market share, reported a 3.2% fall in quarterly revenue due a US stronger dollar.

  • Commodities  |  JANUARY 29, 2015 8:10 PM

    Shell CEO sees long-term oil price at US$90

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    Oil prices should reach a long-term equilibrium of US$90 per barrel, Royal Dutch Shell's chief executive Ben van Beurden told a conference call on Thursday.

  • Corporate & Featured and Exclusive  |  JANUARY 29, 2015 8:04 PM

    Khazanah raises RM1.6 bil from TNB shares

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    This was following the completion of a placement of 112 million existing shares in Tenaga Nasional Bhd (TNB), representing about 2% of the company's paid up share capital, at a price of RM14.50 per share today.

  • World Biz  |  JANUARY 29, 2015 7:50 PM

    Delhi asks Uber to resubmit license application

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    While the letter, or "deficiency memo", is not a rejection of Uber's application, the company will have to resubmit a portion of it to be granted a licence, a government official said.

  • Corporate  |  JANUARY 29, 2015 7:42 PM

    Prasarana targets 250,000 riders daily for Ampang Line

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    Prasarana Malaysia Bhd (Prasarana) aims to increase ridership of LRT Ampang Line to 250,000 passengers per day by next year with the introduction of new six-car Light Rail Vehicles (LRVs).

  • World Biz  |  JANUARY 29, 2015 7:33 PM

    Time Warner Cable misses Q4 profit estimates

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    Time Warner Cable Inc, the company awaiting regulatory approval to merge with Comcast Corp, missed profit estimates after losing pay-TV subscribers.

  • World Biz  |  JANUARY 29, 2015 7:23 PM

    Total wins share of Abu Dhabi 40-year onshore concession

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    State-run Abu Dhabi National Oil Company (Adnoc) signed an agreement on Thursday with Total giving the French oil major a 10% stake in a new 40-year onshore concession to help operate the United Arab Emirates' biggest oilfields.

  • Corporate  |  JANUARY 29, 2015 7:16 PM

    No impact from weak oil, says Hibiscus Petroleum

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    Hibiscus Petroleum Bhd sees no impact on its ongoing exploration projects despite the fall in global crude oil prices, given the current good drilling rates coupled with industry service rates from oil service companies.

  • World Biz  |  JANUARY 29, 2015 7:15 PM

    McDonald’s picks Briton as global chief

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    The 91,000 people working in Britain for McDonald's learned Thursday that their former boss, Steve Easterbrook, had become the first Briton to lead the US fast-food giant's global operation.

  • Corporate & Property  |  JANUARY 29, 2015 7:10 PM

    Rehda calls to ease affordable housing purchase

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    Real Estate and Housing Developers' Association Malaysia (Rehda) has called for measures to be introduced to ease affordable housing purchase.

  • Corporate & Property  |  JANUARY 29, 2015 7:00 PM

    PLB plans 4 projects with RM350 mil in GDV

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    PLB Engineering Bhd plans to launch four projects with a gross development value (GDV) of about RM350 million in the financial year ending Aug 31, 2015.

  • World Biz  |  JANUARY 29, 2015 6:50 PM

    HK, S’pore, Bangkok remain top cities for tourists

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    Asian mega-cities such as Hong Kong, Singapore and Bangkok remained unchanged as the top cities in terms of international tourist arrivals since 2012.

  • Corporate & Featured and Exclusive  |  JANUARY 29, 2015 6:49 PM

    AirAsia X shares suspended on Bursa tomorrow

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    The trading of AirAsia X securities will be suspended on Friday Jan 30, 2015 from 9 am, pending a material announcement.

  • Corporate & Enterprise  |  JANUARY 29, 2015 6:45 PM

    Wee: ICT adoption among SMEs still lags behind

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    The adoption of information and communication technology (ICT) as an integral part of doing business among small and medium enterprises (SMEs) is still lagging behind, Prime Minister's Department Minister Wee Ka Siong said.

  • Commodities  |  JANUARY 29, 2015 6:40 PM

    Rubber market ends lower

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    The Malaysian rubber market closed lower today in line with the weaker prices on the regional futures markets, a dealer said.

  • Corporate & Featured and Exclusive  |  JANUARY 29, 2015 6:33 PM

    DCA: MH370 passengers presumed dead

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    The Department of Civil Aviation (DCA) has declared that all 239 passengers and crew on board Malaysia Airlines Flight MH370 are presumed to have "lost their lives".

  • Corporate, Featured and Exclusive, Markets  |  JANUARY 29, 2015 6:24 PM

    M’sian IPO mart staring at stagnation, says Bursa chief

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    Malaysia’s initial public offering (IPO) numbers for this year will be “about the same” or a little lower than 2014, said Bursa Malaysia Bhd chief executive officer Tajuddin Atan.

  • World Biz  |  JANUARY 29, 2015 6:17 PM

    Apple beats LV to top gifting spot in China

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    Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report on Thursday, reflecting the iPhone maker's recent hot streak in the country.

  • Corporate & Economy  |  JANUARY 29, 2015 6:09 PM

    Affin Hwang, RHB expect no increase in OPR

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    Affin Hwang Investment Bank Bhd said it expects BNM to hold off any rate rises throughout 2015. The research house said the central bank will likely maintain its current accommodative policy stance throughout 2015 to support the country's domestic demand.

  • Corporate  |  JANUARY 29, 2015 6:00 PM

    Alam Maritim’s unit gets RM10 mil job

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    Alam Maritim Resources Bhd's unit, Alam Hidro (M) Sdn Bhd, has received a letter of award (LOA) for a RM10 million project in Kedah.