Asian markets fall
KUALA LUMPUR: Asian markets fell in morning trade in tandem with Wall Streets overnight plunge hit by disappointing corporate results and weak consumer confidence data.
The new Boeing 787 aircraft arrives at last
FARNBOROUGH, England: Boeing Co.’s long-anticipated 787 jet touched down on British soil Sunday, tipping its wings to the crowd and building buzz at the Farnborough International Airshow, the industry’s premier event.
Microneedles that one day may deliver injections by post
WASHINGTON: One day your annual flu shot could come in the mail.
BP, US feds clash over reopening capped Gulf oil well
US and local markets face upward bias this week
THE local stock market is expected to be range-bound with an upward bias as US and local corporate earnings due out this week may surprise on the upside, according to analysts.
Earnings to drive US stocks this week after ugly data
NEW YORK: After ugly economic data and an unexpected downturn in sentiment on quarterly earnings, Wall Street will face a tough time battling back from the latest selloff.
Why it is important to know what the ordinary man thinks
IT is one of the ironies of corporate life that the higher we climb, the less connected we are to the ordinary people.
What are the responsibilities of directors?
Two weeks ago was corporate governance (CG) week. At the beginning of the week the chairman of the Securities Commission (SC), Tan Sri Zarinah Anwar, made it quite clear in her speech and in her subsequent article ithat there was a great deal of room for improvement in the skills and behaviours of independent directors. She also served notice that the standards of CG would be raised over the next five years and the SC would be revising the CG code. What was significant was her main focus was on the elements that drive good corporate performance as opposed to merely looking at regulatory compliance.
1Malaysia Development picks project partners
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB), the agency tasked to develop most of the government land, is identifying partners to draw up a masterplan for its Bandar Malaysia and Kuala Lumpur International Financial District (KLIFD) projects in the city.
1Malaysia Development awaits clarification on Bakun power supply
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is awaiting clarification on the Bakun undersea cable transmission to assess the impact of a potentially larger supply of hydropower on its projects in Sarawak.
Why REITs should be the choice of investment
KUALA LUMPUR: Real estate investment trusts (REITs) offer many advantages to investors who are keen to invest in the property market.
Managing one of worlds largest unlisted plantation firms is no childs play
AFTER the exit of Datuk Mohd Bakke Salleh, the task of managing Felda Global Ventures Holdings Sdn Bhd and Felda Holdings Bhd is once again entrusted in the hands of another Felda outsider, Datuk Sabri Ahmad.
Celcom, DiGi.Com can save by sharing infrastructure
KUALA LUMPUR: Rivals Celcom Axiata Bhd and DiGi.Com Bhd could save a few hundred million ringgit a year in capital expenditure (capex) and operational expenditure (opex) by sharing infrastructure.
MSC to dispose of non-tin investments by year-end
KUALA LUMPUR: Malaysia Smelting Corp Bhd (MSC), the worlds third largest integrated tin mining and smelting group, is targeting to complete the disposal of its non-tin investments and assets abroad by year-end.
Indias textile giant to set up office in Malaysia
KUALA LUMPUR: Indian textile giant Raymond Ltd, which finds Malaysia an attractive investment destination and a gateway to South-East Asia, plans to set up an office here to facilitate its regional retail business.
Outdoor wear manufacturer hopes to bring in more institutional investors
JINJIANG: Outdoor wear manufacturer Xingquan International Sports Holdings Ltd is now in talks with a few funds from Taiwan and Beijing in its efforts to enhance the companys value by bringing in more institutional investors.
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