STORIES TAGGED WITH

  • Corporate & Featured and Exclusive  |  APRIL 18, 2014 6:32 PM

    RM1.8 bil loss at 1MDB if not for revaluation gains?

    Story by
    [email protected]

    The country’s so-called strategic fund, 1Malaysia Development Fund could have made as much as RM1.8 billion in losses if not for massive revaluation gains which could have amounted to as much as RM2.7 billion. According to a recent Singapore Business …

     
  • Markets  |  APRIL 18, 2014 6:06 PM

    Shares end slightly higher on mild momentum

    Story by
    www.bernama.com

    Bursa Malaysia ended the week marginally higher today with mild buying momentum in heavyweights and lower liners, a dealer said. Most regional stock markets were closed today for the Good Friday holiday. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed 2.15 points …

     
  • Markets  |  APRIL 18, 2014 5:54 PM

    Ringgit ends lower as demand for US dollar rises

    Story by
    www.bernama.com

    The ringgit closed lower against the US dollar today as the impact of comments made by the US Federal Reserve’s Chairperson Janet Yellen on monetary policy, simmered down, dealers said. At 5pm, the local unit was quoted at 3.2390/2420 against the greenback compared with …

     
  • TigerTalk  |  APRIL 18, 2014 5:30 PM

    Syed Mokhtar cutting losses at Albukhary University?

    Story by
    [email protected]

    Could Malaysia’s seventh richest man, worth billions, be looking to plug a drain on his charitable foundation’s finances? If true, it’s nothing but a short-term patch job that could cost him his reputation in the long-term. Tiger wades through the thick undergrowth of the corporate jungle to pounce on the answers.

     
  • Markets  |  APRIL 18, 2014 5:16 PM

    Ringgit volatility falls again as Zeti damps rate bets

    Story by
    www.bloomberg.com

    A measure of expected swings in the ringgit dropped for a second week after Malaysia’s central bank damped market speculation that interest rates will rise. Bank Negara Malaysia Governor Zeti Akhtar Aziz said in an interview in Washington last weekend …

     
  • Corporate  |  APRIL 18, 2014 4:29 PM

    klia2 gets certificate of completion and compliance

    Story by
    www.bernama.com

    klia2, the world’s largest purpose-built terminal for low-cost carriers, has obtained the Certificate of Completion and Compliance (CCC) from UEMC-Bina Puri JV, the main terminal building contractors. The issuance of the CCC not only certifies the safety of the project but is also …

     
  • Featured and Exclusive & Opinion  |  APRIL 18, 2014 4:18 PM

    A tribute to Karpal Singh

    Story by
    [email protected]

    While opposition politics defined Karpal in the public eye, and as important as that was in the overall scheme of things, Karpal's role was much more important than that and more basic - it was about the rule of law, the right to representation, the right to dissent, equality and plain justice at the end of the day.

     
  • Markets  |  APRIL 18, 2014 4:16 PM

    China stocks post steepest weekly loss in a month

    Story by
    www.bloomberg.com

    Chinese stocks posted their steepest weekly loss in a month, as slowing growth in home prices dragged down smaller real-estate companies and China Merchants Property Development Co. reported a drop in profit. China Merchants Property fell 1.1 percent to a …

     
  • Corporate  |  APRIL 18, 2014 4:11 PM

    CIMB’s Thai unit sees 40% jump in 1Q profits

    Story by
    [email protected]

    CIMB Thai Bank PCL, a 93.71% subsidiary of CIMB Group Holdings Berhad, saw a 40.8% year-on-year (yoy) jump in net profits for the 1Q14 ended March 31 this year, recording 440.7 million Thai baht (THB) (RM44.3 million) compared to 127.7 million …

     
  • Corporate & Property  |  APRIL 18, 2014 4:01 PM

    Sunway Wellesley phase II see 50% take-up

    Story by
    www.bernama.com

    The second phase of Sunway Property’s first residential development on the mainland of Penang, Sunway Wellesley, has received overwhelming response with 50 per cent snapped up over the weekend. Phase two of Sunway Wellesley consists of 214 units of three-story townhouse family villa …

     
  • Corporate & Property  |  APRIL 18, 2014 3:52 PM

    Malaysia Aica to be renamed Sunsuria

    Story by
    [email protected]

    Malaysia Aica Berhad (Maica) is proposing to change its name to Sunsuria Berhad, said the company today. The renaming proposal is part of a number of proposals made by the company, as well as a notice of an extraordinary general …

     
  • Markets  |  APRIL 18, 2014 3:18 PM

    Shares marginally higher at mid-afternoon

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia remained marginally higher mid-afternoon with mild buying momentum seen in selected heavyweights and lower-liners. At 3.03 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.43 points easier at 1,851.97. Heavyweights, Public Bank rose four sen to RM20.02, …

     
  • Corporate & Featured and Exclusive  |  APRIL 18, 2014 3:13 PM

    Datasonic clinches RM292 mil in KDN contracts

    Story by
    [email protected]

    Information and communications technology solutions provider Datasonic Group Bhd has bagged two contracts worth RM292 million from the Ministry of Home Affairs (KDN). In a filing to Bursa Malaysia today, the company said it had received letters of award from …

     
  • Corporate & Property  |  APRIL 18, 2014 3:03 PM

    UEM Sunrise eyes 70% take-up for Residensi 22 Block B

    Story by
    www.bernama.com

    UEM Sunrise Bhd eyes a 70 per cent take-up rate for its newly-launched Block B of Residensi 22 Mont’Kiara condominium by year-end. Chief Marketing Officer Siti Mariam Mohd Desa said sales for the Block B units began yesterday and it is currently experiencing …

     
  • Commodities  |  APRIL 18, 2014 2:37 PM

    Rubber market closed for Good Friday

    Story by
    www.bernama.com

    The Malaysian rubber market is closed today in observance of Good Friday, and trading will resume on Monday, April 21. The Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 eased two sen to 580 sen a kg at noon Thursday while …

     
  • Markets & World Biz  |  APRIL 18, 2014 1:17 PM

    Asian shares up on easing Ukraine tensions

    Story by
    www.bloomberg.com

    Asian stocks climbed, with the Topix index set for its biggest weekly advance this month, amid easing tension in Ukraine. South Korea’s won rose, while credit risk in Japan fell and rubber dropped to the lowest since 2012. The MSCI …

     
  • Markets  |  APRIL 18, 2014 1:06 PM

    Shares end slightly higher at noon bell

    Story by
    www.bernama.com

      Bursa Malaysia ended the morning session marginally higher today on lacklustre trading amid closure of most regional stock markets in observance of Good Friday. At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.11 points better at 1,851.65. It had …

     
  • Markets  |  APRIL 18, 2014 1:02 PM

    Dollar set for weekly gain as data supports Fed taper pace

    Story by
    www.bloomberg.com

    The dollar headed for weekly gains against the euro and the yen as improving economic data backed speculation the Federal Reserve will remove stimulus this year. The greenback rose for a fifth day yesterday against a basket of peers after data showed …

     
  • Markets  |  APRIL 18, 2014 12:54 PM

    Asian currencies drop on Ukraine crisis, US recovery

    Story by
    www.bloomberg.com

    Asian currencies were headed for the first weekly loss in almost a month as conflict in Ukraine and a strengthening U.S. economy spurred demand for dollars. After four-way talks on the Ukraine crisis produced an accord yesterday aimed at de-escalating …

     
  • Markets  |  APRIL 18, 2014 12:41 PM

    Japan’s Nikkei up on upbeat US economic data

    Story by
    www.reuters.com

    Japan’s Nikkei share average advanced on Friday after upbeat US economic data and corporate earnings bolstered investors’ risk appetite. The Nikkei was up 0.4 percent at 14,474.83 in midmorning trade after ending flat at 14,417.53 the previous day. For the week, the Nikkei …

     
Loading...
1
1
0
latest
1