STORIES TAGGED WITH

  • Markets  |  OCTOBER 22, 2014 12:42 PM

    Euro falls on report ECB mulling corporate bond buys

    Story by
    www.reuters.com

    The euro fell sharply against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds as soon as December in its efforts to revive the stagnating euro zone economy. The move, if realized, …

     
  • Commodities & Featured and Exclusive  |  OCTOBER 22, 2014 12:11 PM

    Oil ends up after China demand news

    Story by
    www.reuters.com

    Brent crude oil ended up almost 1% on Tuesday, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling. Analysts and traders cautioned, however, that global economic data, especially out of Europe, …

     
  • Corporate & Economy  |  OCTOBER 22, 2014 11:59 AM

    GST registration surpasses 100,000

    Story by
    www.bernama.com

    The number of companies that have registered for the Goods and Services Tax (GST) has exceeded 100,000 as at yesterday. The number now stands at 100,358, an increase of 2,226 from Monday, the Royal Malaysian Customs Department said in a …

     
  • TigerTalk  |  OCTOBER 22, 2014 10:00 AM

    QL and Lay Hong: Honour before reason?

    Story by
    [email protected]

    Tiger recently came across a statement from QL Resources that the offer they made for Lay Hong Bhd was with “integrity and trustworthiness”. However, circumstances lead Tiger to ask if there is not anything else other than those worthy qualities.

     
  • World Biz  |  OCTOBER 21, 2014 9:35 PM

    Daimler said to buy 25% of MV Agusta

    Story by
    www.dpa.com

    German car and truck maker Daimler is in advanced talks to buy up to 25% of MV Agusta, an Italian motorcycle manufacturer, the Sueddeutsche Zeitung newspaper reported Tuesday.

     
  • Finance  |  OCTOBER 21, 2014 9:22 PM

    JPMorgan fined RM301.16mil over Libor rigging

    Story by
    www.bloomberg.com

    UBS AG was fined 12.7 million euros by the EU and Credit Suisse Group AG must pay 9.2 million euros, for colluding with JPMorgan

     
  • Corporate  |  OCTOBER 21, 2014 9:03 PM

    Trading of CIMB, RHB Cap & MBSB resumes Thursday

    Story by
    www.bernama.com

    Trading in the shares of CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) will resume with effect from 9 am, Thursday, October 23.

     
  • World Biz  |  OCTOBER 21, 2014 8:56 PM

    Coca-Cola’s 3Q profit falls 14%

    Story by
    www.reuters.com

    Coca-Cola Co said on Tuesday that its quarterly profit fell 14%, as sales of carbonated beverage volumes in North America declined.

     
  • World Biz  |  OCTOBER 21, 2014 8:47 PM

    Demand for iPhone 6 to drive Apple’s growth

    Story by
    www.reuters.com

    Strong global demand for Apple Inc's iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said.

     
  • World Biz  |  OCTOBER 21, 2014 8:32 PM

    McDonald’s 3Q profit drops 30%

    Story by
    www.bloomberg.com

    McDonald’s Corp, the world’s largest restaurant chain, said third quarter profit fell 30% as US sales slumped for the fourth straight quarter.

     
  • World Biz  |  OCTOBER 21, 2014 8:24 PM

    HSBC boss says EU banker bonus cap a ‘retrograde’ step

    Story by
    www.reuters.com

    European rules to cap bankers' bonuses at twice fixed pay are "a retrograde step" that could add to difficulty in recruiting staff to the industry, the head of Europe's biggest bank HSBC said on Tuesday.

     
  • Singapore  |  OCTOBER 21, 2014 7:47 PM

    SGX profit falls 16% on lower trading volume

    Story by
    www.bloomberg.com

    Singapore Exchange Ltd (SGX), operator of Southeast Asia’s biggest bourse, said first quarter profit fell 16% from a year earlier as share trading volumes shrank, offsetting a gain in derivatives.

     
  • Economy & Featured and Exclusive  |  OCTOBER 21, 2014 7:38 PM

    TPPA harmful to M’sias balance of trade, says WTO

    Story by
    [email protected]

    The Trans-Pacific Partnership will lead to a deterioration in Malaysia’s balance of trade with other partner countries, a new study warns

     
  • Economy  |  OCTOBER 21, 2014 7:25 PM

    Thai economy shows signs of stagnation

    Story by
    www.bloomberg.com

    Thailand’s economy is stagnating as a lack of confidence in the pace of a recovery, discourages investment and consumption, Finance Minister Sommai Phasee said.

     
  • World Biz  |  OCTOBER 21, 2014 7:04 PM

    De Beers yet to reach diamond sales agreement with Namibia

    Story by
    www.bloomberg.com

    Namibia has yet to reach a new diamond sales agreement with Anglo American Plc’s De Beers unit, in which the south west African country would seek to be able to sell some gems separately.

     
  • Commodities & World Biz  |  OCTOBER 21, 2014 6:50 PM

    Statoil finds up to 80 million barrels of oil

    Story by
    www.bloomberg.com

    Statoil ASA, Norway’s biggest energy company, found as much as 80 million barrels of oil near the Grane field in the North Sea, potentially boosting volumes at a 1992 discovery more than 13-fold.

     
  • Economy  |  OCTOBER 21, 2014 6:37 PM

    Why markets still need central bankers

    Story by
    www.bloomberg.com

    Policy makers deny its existence, yet investors still reckon that whenever stocks and other risk assets take a tumble, the authorities will be there with calming words or economic stimulus to ensure the losses are limited.

     
  • Issues  |  OCTOBER 21, 2014 6:30 PM

    Eco World, a property brand in a rush

    Story by
    [email protected]

    With a hard-hitting line-up of directors and seeking to match the collective proceeds of all four previous Spac listings on Bursa Malaysia, Liew Kee Sin’s proposed special purpose acquisition company (Spac) listing is no joke. A successful Spac listing may further hasten the larger Eco World brand’s already meteoric growth rate, but on the other hand it may hurt the existing developer too.

     
  • Corporate & Featured and Exclusive  |  OCTOBER 21, 2014 6:10 PM

    EPF barred from voting in CIMB-led bank merger

    Story by
    www.reuters.com

    Malaysian state pension fund Employees Provident Fund (EPF) will not be allowed by the nation's bourse to vote in the proposed merger of CIMB Group Holdings Bhd and two rivals as it is a major shareholder in all of the banks.

     
  • Commodities  |  OCTOBER 21, 2014 6:10 PM

    Rubber prices end higher

    Story by
    www.bernama.com

    The Malaysian rubber market closed higher today despite the lower performance on the Tokyo Commodity Exchange (Tocom), a dealer said.

     
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