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  • NetX to raise up to RM62.56m to expand into e-payment solutions business
    April 28, 2015 08:37:45 pm
    KUALA LUMPUR (Apr 28): Loss-making communications and software solutions provider NetX Holdings Bhd plans to raise up to RM62.56 million via a 1-for-1...
  • Edra’s IPO will not be easy
    April 28, 2015 08:00:00 pm
    1MALAYSIA DEVELOPMENT BHD’S (1MDB) plan to move ahead with an initial public offering (IPO) of its energy arm, Edra Global Energy Bhd, faces headwinds...
  • Bursa queries Tecnic after share price jumps almost 26%
    April 28, 2015 07:57:38 pm
    KUALA LUMPUR (Apr 28): Bursa Malaysia has issued Tecnic Group Bhd with an unusual market activity (UMA) query today, after a sharp rise in the plastic...
  • Boustead completes acquisition of 50% stake in Irat Properties
    April 28, 2015 07:56:52 pm
    KUALA LUMPUR (Apr 28): Boustead Holding Bhd has completed its acquisition of a 50% stake in Irat Properties Sdn Bhd through a third subscription for R...
  • Icon Offshore CEO, COO get six months leave to assist in MACC's investigations
    April 28, 2015 07:39:24 pm
    KUALA LUMPUR (Apr 28): Icon Offshore Bhd has granted chief executive officer (CEO) Dr Jamal Yusof and chief operating officer (COO) Rahman Yusof a six...
  • MAHB gets RM23.58m Doha Int'l Airport facility management job
    April 28, 2015 07:26:12 pm
    KUALA LUMPUR (Apr 28): Malaysia Airports Holdings Bhd (MAHB) has bagged a RM23.58 million job for the provision of facility management services for th...
  • Tsipras presses for May debt deal, says referendum possible
    April 28, 2015 07:22:25 pm
    ATHENS (Apr 28): Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors within two weeks...
  • Futures down ahead of Fed meeting
    April 28, 2015 07:21:54 pm
    (Apr 28): U.S. stock index futures were down on Tuesday as investors took to the sidelines before the start of a two-day Federal Reserve meeting. * An...
  • Asdion to diversify into logistics
    April 28, 2015 07:20:56 pm
    KUALA LUMPUR (Apr 28): Software developer Asdion Bhd has proposed to diversify its business to include logistics, following a share sale agreement it ...
  • Oil slips on expected U.S. stock build, but weaker dollar provides support
    April 28, 2015 07:20:50 pm
    LONDON (Apr 28): Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, but a weaker d...
  • Icon Offshore CEO and COO granted leave of absence for six months
    April 28, 2015 07:20:41 pm
    KUALA LUMPUR (Apr 28): Icon Offshore Bhd has granted chief executive officer (CEO) Dr Jamal Yusof and chief operating officer (COO) Rahman Yusof a six...
  • East Malaysia keen to take over MASwings from troubled national carrier
    April 28, 2015 07:05:17 pm
    (Apr 28): Sabah and Sarawak state governments have expressed their interests in taking over MASwings, a subsidiary of loss-making and financially stra...
  • IGB REIT sees 1Q distributable income up 19%
    April 28, 2015 07:01:43 pm
    KUALA LUMPUR (Apr 28): IGB Real Estate Investment Trust (IGB REIT), which has the Mid Valley Megamall and The Gardens Mall in its portfolio, sees a di...
  • DRB-Hicom unit bags RM50m job to build ICQS complex in Kedah
    April 28, 2015 06:48:54 pm
    KUALA LUMPUR (Apr 28): DRB-Hicom Bhd's wholly-owned unit Hicom Builders Sdn Bhd has bagged a RM50 million contract from Northern Gateway Infrastructur...
  • Muar Ban Lee signs MoU to dispose oil palm plantation unit for RM35.1m
    April 28, 2015 06:32:59 pm
    KUALA LUMPUR (Apr 28): Muar Ban Lee Group Bhd has entered into a memorandum of understanding (MoU) to dispose of its oil palm plantation unit Sokor Ge...
  • European shares stumble as UPM-Kymmene and Commerzbank fall
    April 28, 2015 06:30:32 pm
    LONDON (Apr 28): European equities fell on Tuesday following some weaker-than-expected corporate updates, with paper maker UPM-Kymmene slipping after ...
  • Palm slides to 8-month low as ringgit continues to climb
    April 28, 2015 06:23:10 pm
    KUALA LUMPUR (Apr 28): Malaysian palm oil futures slid to an eight-month low on Tuesday as the ringgit continued to gain traction, stoking worries tha...
  • Pelita Niagamas emerges as substantial shareholder in Ge-Shen Corp
    April 28, 2015 06:21:17 pm
    KUALA LUMPUR (Apr 28): Pelita Niagamas Sdn Bhd has emerged as a substantial shareholder in Ge-Shen Corp Bhd, following its acquisition of 11 million s...
  • Globetronics 1Q profit up 21.6% on higher volume loadings, declares 13 sen dividend
    April 28, 2015 06:19:34 pm
    KUALA LUMPUR (Apr 28): Globetronics Technology Bhd (Globetronics) registered a net profit jump of 21.6% in the first quarter ended Mar 31, 2015 (1Q15)...
  • Petronas Chemicals keen to pursue collaborations to develop new products
    April 28, 2015 06:15:44 pm
    KUALA LUMPUR (Apr 28): Petronas Chemicals Group Bhd (PCG), the petrochemical arm of Petroliam Nasional Bhd (Petronas), is keen to accelerate innovatio...
  • Gold around $1,200/oz on softer dollar ahead of Fed meeting
    April 28, 2015 06:09:03 pm
    LONDON (Apr 28): Gold was flat on Tuesday as the dollar edged lower ahead of a U.S. Federal Reserve policy meeting that could provide a steer on when ...
  • Maxwell aborts acquisition of Hong Kong garment firm
    April 28, 2015 06:05:30 pm
    KUALA LUMPUR (Apr 28): Maxwell International (Hong Kong) Ltd, an intermediary unit of Maxwell International Holdings Bhd, has aborted a plan to acquir...
  • Unisem’s 1Q earnings jump 154% on improved margin
    April 28, 2015 06:02:08 pm
    KUALA LUMPUR (Apr 28): Semiconductor devices manufacturer Unisem (M) Bhd’s net profit for the first financial quarter ended Mar 31, 2015 (1QFY15) has ...
  • MRT2 realignment a boost for Bandar Malaysia
    April 28, 2015 06:00:00 pm
    THE proposed realignment of the Sungai Buloh-Serdang-Putrajaya (SSP) line — to cut through the Bandar Malaysia development in Sungai Besi as opposed t...
  • Robert Walters: Malaysia raises profile as preferred regional hub
    April 28, 2015 05:57:29 pm
    KUALA LUMPUR (Apr 28): Malaysia has raised its profile as a preferred regional hub, boasting one of the highest growth in job advertising volumes with...
  • Robert Walters: Malaysia raises profile as preferred regional hub
    April 28, 2015 05:57:29 pm
    KUALA LUMPUR (Apr 28): Malaysia has raised its profile as a preferred regional hub, boasting one of the highest growth in job advertising volumes with...
  • Bina Puri denies UFUN’s Utoken link
    April 28, 2015 05:55:16 pm
    KUALA LUMPUR (Apr 28): Bina Puri Holdings Bhd (Bina Puri) has denied that it is linked in anyway to Utoken, a virtual currency issued by Utoken Reserv...
  • Wan Azizah goes shopping to make a point about GST
    April 28, 2015 05:53:30 pm
    (April 28): PKR president Datuk Seri Dr Wan Azizah Wan Ismail, who is Pakatan Rakyat's candidate for the Permatang Pauh by-election, took her campaign...
  • Oil falls as U.S. crude stockpiles set for another high
    April 28, 2015 05:42:25 pm
    LONDON (Apr 28): Oil prices fell on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, withdrawing further from a...
  • KLCI slips 0.24% on lacklustre trading ahead of long holiday weekend
    April 28, 2015 05:22:10 pm
    KUALA LUMPUR (Apr 28): The benchmark FBM KLCI closed 4.52 points or 0.24% lower to finish at 1,855.06 points today as the market slipped on lacklustre...
  • Stocks cool ahead of Fed, pound skids on disappointing GDP
    April 28, 2015 05:00:15 pm
    LONDON (Apr 28): World shares shuffled away from all-time highs on Tuesday as surging Chinese stocks took a breather and investors began to retreat to...
  • Trade Wise: Pesticide maker Imaspro focusing on local plantations
    April 28, 2015 05:00:00 pm
    PESTICIDE manufacturer Imaspro Bhd, the latest investment target of Datuk Dr Yu Kuan Chon, seems to have piqued the curiosity of investors again. They...
  • Malaysia's CIMB expects Indonesian operations to improve from Q2
    April 28, 2015 04:56:25 pm
    KUALA LUMPUR (Apr 28): CIMB Group Holdings Bhd, Malaysia's second largest bank by assets, expects profit from its Indonesian operations to improve fro...
  • StanChart Q1 profits fall 22 pct as bad debts jump
    April 28, 2015 04:43:55 pm
    LONDON (Apr 28): Asia-focused bank Standard Chartered said on Tuesday profits in the first quarter of 2015 fell 22 percent from a year ago as losses f...
  • Templeton fund ends reign in Asia as top picks falter
    April 28, 2015 04:43:18 pm
    SINGAPORE (Apr 28): Templeton Asian Growth fund, managed by star stock picker Mark Mobius, ended its six-year reign as the biggest equity fund in Asia...
  • Panasonic sees 4th year of profit gains on auto electronics growth
    April 28, 2015 04:36:45 pm
    TOKYO (Apr 28): Japan's Panasonic Corp said it remains on track for a fourth straight year of operating profit growth, vindicating a restructuring tha...
  • British Airways names Vivian Tan-Loh as commercial manager for Malaysia
    April 28, 2015 04:21:44 pm
    KUALA LUMPUR (Apr 28): British Airways (BA) has appointed Vivian Tan-Loh as commercial manager for Malaysia, overseeing the airline’s commercial activ...
  • Daiwa profit climbs 16% on brokerage commissions, trading
    April 28, 2015 04:17:49 pm
    (Apr 28): Daiwa Securities Group Inc.’s fourth-quarter profit rose 16 percent, beating analysts’ estimates as brokerage commissions and trading income...
  • Texchem Q1 profit jumps more than five times
    April 28, 2015 04:08:31 pm
    KUALA LUMPUR (Apr 28): Texchem Resources Bhd’s quarterly net profit ballooned over five times to RM4.99 million, or 4.02 sen, for the first quarter en...
  • Oil falls more than 1 pct, US crude stockpiles set for another high
    April 28, 2015 04:08:27 pm
    SINGAPORE (Apr 28): Oil fell more than 1 percent on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high and as Saud...
  • Greece hopes keep euro near 3-week high vs stalling dollar
    April 28, 2015 04:08:09 pm
    LONDON (Apr 28): The euro hovered near a three-week peak on Tuesday, boosted by renewed hopes that cash-strapped Greece could secure extra funding and...
  • Panasonic sees 4th straight year of growth on auto electronics sales
    April 28, 2015 04:00:20 pm
    TOKYO (Apr 28): Japan's Panasonic Corp said it remains on track for a fourth straight year of operating profit growth, vindicating a restructuring tha...
  • RAM assigns preliminary P1 rating to CIMB's RM6b debt programme
    April 28, 2015 03:46:04 pm
    KUALA LUMPUR (Apr 28): RAM Rating Services Bhd has assigned a preliminary P1 rating to CIMB Group Holdings Bhd’s proposed RM6 billion conventional and...
  • BNM appoints Mohd Adhari Belal Din as Assistant Governor
    April 28, 2015 03:15:52 pm
    KUALA LUMPUR (Apr 28): Bank Negara Malaysia has appointed Mohd Adhari Belal Din as Assistant Governor, with effect from May 1, 2015. In a statement to...
  • MBM Resources to appoint Iveco contract assembler by 3Q15
    April 28, 2015 03:11:54 pm
    SHAH ALAM (Apr 28): Federal Auto Holdings Bhd, a wholly-owned unit of automotive distributor and retailer MBM Resources Bhd, expects to appoint a cont...
  • Indonesian IT firm proposes reverse take-over of Visdynamics
    April 28, 2015 02:55:25 pm
    KUALA LUMPUR (Apr 28): Visdynamics Holdings Bhd has signed a heads of agreement with PT Cipta Srigati Lestari (CSL) for several proposals. These inclu...
  • China’s slowdown puts Asian central banks in a bind as Fed looms
    April 28, 2015 02:45:21 pm
    (Apr 28): China’s slowing economy is putting pressure on central banks across Asia to lower interest rates further. For policy makers, that poses a di...
  • Asian currencies firm ahead of Fed meeting, inflows buoy Taiwan dollar, won
    April 28, 2015 02:44:15 pm
    SINGAPORE (Apr 28): Most emerging Asian currencies rose on Tuesday as the dollar remained broadly weak amid optimism over Greece's debt deal, while ca...
  • Asian shares edge off 7-year highs as Fed awaited
    April 28, 2015 02:42:40 pm
    TOKYO (Apr 28): Asian stocks pulled back from a seven-year peak scaled on Tuesday as sentiment gave way to caution ahead of the Federal Reserve's poli...
  • Palm slides to 8-month low as ringgit continues to climb
    April 28, 2015 02:32:08 pm
    KUALA LUMPUR (Apr 28): Malaysian palm oil futures slid to an eight-month low on Tuesday as the ringgit continued to gain traction, stoking worries tha...
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