STORIES TAGGED WITH

  • Economy, Markets, World Biz  |  DECEMBER 18, 2014 7:11 PM

    Draghi counts the cost of ECB quantitative easing battles

    Story by
    www.bloomberg.com

    As Mario Draghi prepares to push the European Central Bank (ECB) into quantitative easing, he’s counting the cost of alienating its home nation.

     
  • Economy  |  DECEMBER 18, 2014 7:01 PM

    Indonesia mulls removing gasoline subsidy in 2015

    Story by
    www.reuters.com

    Indonesia's Chief Economics Minister Sofyan Djalil on Thursday said the government is considering removing subsidies for gasoline next year, but will maintain subsidies for diesel.

     
  • World Biz  |  DECEMBER 18, 2014 6:50 PM

    Pertamina set for 20% drop in 2014 profit

    Story by
    www.reuters.com

    Indonesian state oil and gas giant Pertamina sees a more than 20% fall in net profit this year due to a drop in global oil prices and because it failed to reach its production target, a director at the company said on Thursday.

     
  • World Biz  |  DECEMBER 18, 2014 6:33 PM

    GM, Jaguar suspend sales in Russia

    Story by
    www.bloomberg.com

    General Motors Co (GM) and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the rouble’s collapse.

     
  • TigerTalk  |  DECEMBER 18, 2014 6:30 PM

    Media 101: How not to anger Tigers

    Story by
    [email protected]

    Tiger had high hopes of speaking to the higher-ups at Malaysia Debt Ventures today but was rudely shooed away by the debt financier’s public relations personnel. A fuming Tiger was (and still is) in a mood to take chunks out of their ankles.

     
  • Commodities  |  DECEMBER 18, 2014 6:22 PM

    Rubber market closes mixed

    Story by
    www.bernama.com

    The Malaysian rubber market closed mixed for the second consecutive day today amid the stronger ringgit against the US dollar, a dealer said.

     
  • Enterprise & Featured and Exclusive  |  DECEMBER 18, 2014 6:21 PM

    KL gets 3,000 ZEV charging stations in 2 years

    Story by
    www.bernama.com

    KL Electric Mobility Sdn Bhd, a unit of US-based Masers Energy Inc, will invest RM1.5 billion to set up 3,000 charging stations for zero-emission vehicles (ZEV) within Kuala Lumpur over the next two years.

     
  • Corporate  |  DECEMBER 18, 2014 6:13 PM

    M’sia to buy attack helicopters for ESSZone

    Story by
    www.bernama.com

    The Malaysian Army plans to acquire six attack helicopters for its Aviation Corps to reinforce operations in the Eastern Sabah Security Zone (ESSZone).

     
  • Markets  |  DECEMBER 18, 2014 6:09 PM

    KL shares end higher on renewed interest

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia finished higher today on renewed buying interests by local investors, dealers said.

     
  • Economy  |  DECEMBER 18, 2014 6:04 PM

    Indonesia plans fixed fuel subsidy next month

    Story by
    www.bloomberg.com

    Indonesia plans to introduce a fixed fuel subsidy next month in a shake-up of its decades-old oil pricing system, to shore up its current account deficit and reduce vulnerability to an emerging market sell-off.

     
  • Corporate  |  DECEMBER 18, 2014 5:47 PM

    UOBKH initiates coverage on Eco World

    Story by
    [email protected]

    UOB Kay Hian (UOBKH) initiated coverage on Eco World Development Group Bhd (Eco World) with a "buy" recommendation and a target price of RM5.59 on the back of a strong management team, value creation capabilities, and strong land bank which ensures growth visibility.

     
  • Markets  |  DECEMBER 18, 2014 5:34 PM

    Ringgit ends sharply higher against US$

    Story by
    www.bernama.com

    The ringgit closed sharply higher against the US dollar and other major currencies, on improved buying sentiment.

     
  • Property  |  DECEMBER 18, 2014 5:30 PM

    London home prices drop further

    Story by
    www.bloomberg.com

    Prices in London are down as much as 10% from a peak in the Spring, said Jeffrey Doble, chief executive officer of Thamesview Estate Agents Ltd. The company operates 60 offices in London through brands including Dexters.

     
  • TigerTalk  |  DECEMBER 18, 2014 5:23 PM

    Xian Leng RM86 mil scandal fades into obscurity

    Story by
    [email protected]

    Two years ago a relatively small public-listed company made headlines with its financial irregularities, with numbers not far below RM100 million being bandied about. But the heat had fast cooled and culminated in a tame settlement for a fraction of the amount investigated.

     
  • Corporate  |  DECEMBER 18, 2014 5:06 PM

    TNB unsure of impact of weak ringgit on future earnings

    Story by
    www.bernama.com

    National utility company Tenaga Nasional Bhd (TNB) is unsure of the impact of a weakening ringgit and declining coal prices on its future earnings.

     
  • Property  |  DECEMBER 18, 2014 4:56 PM

    Russians quit London home market on weak rouble

    Story by
    www.bloomberg.com

    Wealthy Russian homebuyers are vanishing from London after driving a wave of foreign investment that lifted property prices to records. Only the oligarchs persist.

     
  • Corporate  |  DECEMBER 18, 2014 4:54 PM

    MDV allocates RM200 mil financing to support SMEs

    Story by
    www.bernama.com

    Malaysia Debt Ventures Bhd (MDV) has allocated RM200 million financing to support small and medium enterprises in new growth sectors.

     
  • Markets  |  DECEMBER 18, 2014 4:33 PM

    No FX interventions on Dec 16, says Russia Central Bank

    Story by
    www.reuters.com

    Russia's Central Bank said on Thursday it had conducted no interventions on the foreign exchange market on Dec 16, when the rouble suffered its largest intra-day loss since 1998.

     
  • Corporate  |  DECEMBER 18, 2014 4:30 PM

    Charge BFM with sedition, say Muslim NGOs

    Story by
    www.malaysiakini.com

    A group of Muslim NGOs lodged a police report today against a business radio station, urging that the broadcast journalists and the station be charged under the Sedition Act.

     
  • Corporate  |  DECEMBER 18, 2014 4:14 PM

    TNB to invest more in renewable energy

    Story by
    www.bernama.com

    Tenaga Nasional Bhd (TNB) will increase its investment in alternative sources of energy to ameliorate the effects of a fossil fuel shortage going forward, says chairperson Leo Moggie.

     
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