• Corporate & Finance  |  AUGUST 28, 2014 6:57 PM

    SC launches new sukuk investment framework

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    The Securities Commission Malaysia (SC) has launched the Sustainable and Responsible Investment (SRI) Sukuk framework to facilitate the financing of sustainable and responsible investment initiatives.

  • Corporate & World Biz  |  AUGUST 28, 2014 6:48 PM

    Honda to recall 63,200 vehicles globally

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    Honda Motor Co is recalling about 63,200 vehicles globally due to a defect in driver-side air bags.

  • Corporate & Featured and Exclusive  |  AUGUST 28, 2014 6:33 PM

    Flyers dispute claim of empty MAS flights

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    Anecdotal reports from passengers and crew on recent Malaysia Airlines flights disprove the popular assertion that many of the airline’s flights are taking off almost empty

  • Commodities  |  AUGUST 28, 2014 6:11 PM

    Rubber closes lower, near one week low

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    The Malaysian rubber market closed near a one-week low today, influenced by the weak share and oil prices, a dealer said.

  • Corporate & Featured and Exclusive  |  AUGUST 28, 2014 6:08 PM

    Maybank big enough already, says chairman

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    Maybank’s senior management has said that while it is always open to exploring merger and acquisition (M&A) opportunities, it will only pursue such deals if they provide shareholder value.

  • Markets  |  AUGUST 28, 2014 6:08 PM

    Ringgit close lower against the US dollar

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    The ringgit closed lower against the US dollar today as investors shifted their interest to the greenback, a dealer said.

  • Corporate  |  AUGUST 28, 2014 5:54 PM

    YTL FY14 profit surges 40.4% to RM2.5 bil

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    YTL Corp Bhd's profit for its financial year ending June 30, 2014 surged 40.4% to RM2.591 billion against RM1.845 billion in the same period a year earlier.

  • Markets  |  AUGUST 28, 2014 5:45 PM

    KL shares close higher on last minute buying

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    Share prices on Bursa Malaysia closed higher today, lifted by last minute buying, dealers said.

  • Corporate  |  AUGUST 28, 2014 5:32 PM

    Idris Jala: MRT project within timeline and budget

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    Idris Jala, chief executive officer of Pemandu (Performance Management and Delivery Unit) and Minister in the Prime Minister’s Department said today that the Mass Rapid Transit (MRT) project will be able to be completed on schedule despite the recent accident that claimed three lives.

  • Corporate, Featured and Exclusive, World Biz  |  AUGUST 28, 2014 5:24 PM

    Khazanah part of group to buy stake in Huarong

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    Khazanah National is part of an international consortium including Goldman Sachs seeking to buy a 20.98% stake in China's Huarong in a deal worth RM7.4 billion.

  • Corporate & Featured and Exclusive  |  AUGUST 28, 2014 4:53 PM

    Maybank lowers full-year ROE target to 14%

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    Maybank has lowered its full year return on equity target down to 14% from the initial 15% due to a quieter than anticipated market.

  • Corporate & Singapore  |  AUGUST 28, 2014 4:38 PM

    Singapore water investments add RM378 mil to growth

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    Singapore’s water companies secured investments last year that will contribute S$150 million (RM378 million) to growth and generate about 500 jobs when fully realized, the national water agency said today.

  • OTHERS  |  AUGUST 28, 2014 4:28 PM

    IHH Healthcare makes it into Forbes Asia’s FAB 50 list

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    IHH Healthcare made it into this year's Forbes Asia FAB 5 list.

  • Corporate  |  AUGUST 28, 2014 4:07 PM

    TA Global buys Canadian hotel for RM293 mil

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    TA Global Bhd's unit, MaxfineInternational Ltd, is proposing to acquire the Trump International Hotel and Tower in Canada for RM293.71 million, cash.

  • Markets  |  AUGUST 28, 2014 3:53 PM

    KL shares range-bound at mid-afternoon

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    Bursa Malaysia was range-bound at mid-afternoon today, with buying interest interspersed with profit-taking, dealers said.

  • World Biz  |  AUGUST 28, 2014 3:50 PM

    Panasonic to lead Japan’s energy-saving project

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    Panasonic Corp, KDDI Corp and two others will lead a project in Japan to study how to save energy and control peak usage by installing energy-management systems at about 14,000 homes. The Ministry of Economy, Trade and Industry picked a …

  • Corporate  |  AUGUST 28, 2014 3:49 PM

    Petra Energy appoints new chairman

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    Petra Energy Bhd today announced the appointment of Sulong Matjerie as a new Independent Non-Executive Director/Chairman, effective today.

  • World Biz  |  AUGUST 28, 2014 3:47 PM

    Japan Air buys 32 Mitsubishi regional jets to save fuel

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    Japan Airlines Co, the country’s second-largest airline, agreed to buy 32 planes from Mitsubishi Aircraft Corp to make its fleet more fuel-efficient. JAL plans to begin using the regional jets in 2021 on domestic routes, the carrier and Mitsubishi Aircraft …

  • World Biz  |  AUGUST 28, 2014 3:43 PM

    Casinos in Vietnam gain local gamblers in state revenue push

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    Vietnam is drawing closer to allowing its citizens to gamble in the nation’s casinos as the government tries to boost revenue and compete for regional gaming investment. The finance ministry plans to submit the final draft of a new casino …

  • Corporate  |  AUGUST 28, 2014 3:33 PM

    EPF members withdraw RM1.8 bil in 2Q14

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    A total of RM1.81 billion were withdrawn under the Flexible Age 55 Withdrawal facility in the second quarter (2Q) this year against RM1.77 billion in the same quarter last year, says the Employees Provident Fund (EPF).