STORIES TAGGED WITH

  • World Biz  |  OCTOBER 30, 2014 8:10 PM

    Time Warner Cable loses more video customers in Q3

    Story by
    www.reuters.com

    Time Warner Cable Inc, the No 2 US cable TV operator, lost more video subscribers than analysts had expected in the third quarter, as more customers opt for internet streaming services offered by companies such as Netflix Inc.

     
  • Corporate & Featured and Exclusive  |  OCTOBER 30, 2014 8:09 PM

    Amid controversies, 1MDB breaks silence

    Story by
    [email protected]

    Strategic investment fund 1Malaysia Development Bhd (1MDB) broke its long-held silence today, issuing a statement to in response to issues raised by the media on its previous deals and exercises.

     
  • Corporate  |  OCTOBER 30, 2014 8:01 PM

    Matrade eyes 10% increase M’sia-Bosnia trade next year

    Story by
    www.bernama.com

    Trade between Malaysia and Bosnia and Herzegovina is expected to increase by 10% next year, said Malaysia External Trade Development Corp (Matrade) chairman Noraini Ahmad.

     
  • Corporate & Featured and Exclusive  |  OCTOBER 30, 2014 7:53 PM

    Faber completes RM1.5 bil assets injection deal

    Story by
    [email protected]

    Faber Group Bhd had completed the RM1.5 billion assets injection exercise with its major shareholder UEM Group Bhd today, completing its transformation from a hospital support services specialist into an assets development and management player.

     
  • Economy  |  OCTOBER 30, 2014 7:49 PM

    Najib: Govt to accrue RM23.2bil from GST

    Story by
    www.bernama.com

    Prime Minister Najib Abdul Razak said the Goods and Services Tax (GST) at 6%, to be implemented on April 1, 2015, is estimated to rake in RM23.2 billion in government revenue.

     
  • Corporate  |  OCTOBER 30, 2014 7:41 PM

    Fitch affirms Malaysian Re’s ‘A’ rating

    Story by
    www.bernama.com

    Global rating agency Fitch Ratings has affirmed Malaysian Reinsurance Bhd's insurer financial strength (IFS) rating at 'A' with a stable outlook.

     
  • Corporate  |  OCTOBER 30, 2014 7:38 PM

    Mida to woo more IC packaging firms

    Story by
    www.bernama.com

    The Malaysian Investment Development Authority (Mida) plans to attract more foreign and local integrated circuit (IC) design houses that focus on producing IC packaging, given its positive potential in the global market.

     
  • Corporate  |  OCTOBER 30, 2014 7:27 PM

    Signature FY14 pre-tax profit surges 190%

    Story by
    www.bernama.com

    Signature International Bhd's pre-tax profit for the financial year (FY) ended June 30, 2014 surged 190% to RM25.5 million from the same period a year ago.

     
  • Corporate  |  OCTOBER 30, 2014 7:24 PM

    Press Metal Q3 result returns to the black

    Story by
    www.bernama.com

    Press Metal Bhd returned to the black with a pre-tax profit of RM116.26 million for the third quarter ended Sept 30, 2014 compared with a pre-tax loss of RM48.37 million recorded in the same period last year.

     
  • Corporate  |  OCTOBER 30, 2014 7:20 PM

    Pavilion REIT Q3 pre-tax profit rises to RM63.02mil

    Story by
    www.bernama.com

    Pavilion Real Estate Investment Trust (REIT)'s pre-tax profit rose to RM63.02 million in its third quarter (Q3) ended Sept 30, 2014 from RM52.94 million in the same period last year.

     
  • Commodities  |  OCTOBER 30, 2014 7:14 PM

    Palm hits over three-month high as soy jumps

    Story by
    www.reuters.com

    Malaysian palm oil futures rose to a more than three-month high on Thursday, driven by big gains in comparative soy markets, as well as optimism that growing food consumption amid weakening palm output will underpin prices into next year.

     
  • Commodities & Corporate  |  OCTOBER 30, 2014 7:01 PM

    Mistry: Wilmar, Sime Darby are top picks as palm surges

    Story by
    www.bloomberg.com

    Wilmar International Ltd and Sime Darby Bhd were chosen by Dorab Mistry as his top picks among palm oil companies, as the director at Godrej International Ltd forecast prices will rally into next year. The shares rose as futures in Kuala Lumpur advanced to the highest since July.

     
  • Commodities  |  OCTOBER 30, 2014 6:13 PM

    Rubber market closes higher

    Story by
    www.bernama.com

    The Malaysian rubber market closed higher today on the back of a weaker yen, a dealer said.

     
  • Markets  |  OCTOBER 30, 2014 5:59 PM

    Ringgit eases against US$ at close

    Story by
    www.bernama.com

    The ringgit closed lower against the US dollar today in tandem with other Asian currencies, following the slightly hawkish tone in the statement by the US Federal Reserve yesterday, dealers said.

     
  • Finance  |  OCTOBER 30, 2014 5:55 PM

    Vietnam tests appetite for RM3.3bil bond

    Story by
    www.bloomberg.com

    Vietnam is gauging demand for a $1 billion (RM3.3 billion) bond sale in overseas investor meetings this week, three months after Moody’s Investors Service upgraded the nation’s credit rating for the first time since 2005.

     
  • World Biz  |  OCTOBER 30, 2014 5:42 PM

    Barclays Investment Bank Q3 profit drops 39%

    Story by
    www.bloomberg.com

    Barclays Plc, the UK’s second largest lender, said third quarter pre-tax profit at its investment bank dropped 39% after commissions for managing securities sales and trading stocks plummeted.

     
  • Markets  |  OCTOBER 30, 2014 5:32 PM

    Bursa Malaysia ends higher, CI up 3.23 pts

    Story by
    www.bernama.com

    Bursa Malaysia edged higher at close today with most indices recording positive movement and in line with the rise on regional bourses.

     
  • Corporate  |  OCTOBER 30, 2014 5:22 PM

    LKTN aims to export 20% kenaf production to China

    Story by
    www.bernama.com

    The National Kenaf and Tobacco Board (LKTN) targets to export 3,200 tonnes of kenaf or 20% out of the total production of 16,000 tonnes this year to China.

     
  • Featured and Exclusive & World Biz  |  OCTOBER 30, 2014 5:20 PM

    Coca-Cola to buy 29% stake in Indonesian unit for RM1.6 bil

    Story by
    www.reuters.com

    Coca-Cola Co will help out Australian affiliate Coca-Cola Amatil Ltd by taking a minority stake in a struggling Indonesian unit for US$500 million (RM1.6 billion).

     
  • Corporate & Economy  |  OCTOBER 30, 2014 5:14 PM

    ‘Overweight’ call for rubber gloves: Kenanga

    Story by
    www.bernama.com

    Kenanga Research maintained its 'overweight' rating for the rubber gloves sector as industry players are able to weather themselves from the revision of natural gas tariffs for the non-power sector.

     
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