Business

Zeti: No one single entity will pose systemic risk

PUTRAJAYA: Bank Negara will not allow any “systemic” effect from an individual company to impact the country’s economy, according to governor Tan Sri Dr Zeti Akhtar Aziz.

Microsoft store in Boston. Microsoft’s flagship Windows business has been under pressure for three years as PC sales have declined. — AP

Sluggish PC sales dampen demand for Windows software

SEATTLE: Microsoft Corp reported a fall in its quarterly profit that was in line with Wall Street forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with the impact of the strong US dollar.

Khairil: ‘We still need to do a lot of education and increase our headcount.’

Axiata unit eyes digital advertising market

KUALA LUMPUR: Axiata Digital Advertising, a subsidiary of Axiata Group Bhd, is looking to tap the growing digital advertising market within Asia-Pacific.

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1MDB seeking another loan extension

Kuala Lumpur: 1Malaysia Development Bhd (1MDB) is planning to seek another one-month extension on a RM2bil loan to give it more time to sell a stake in its energy unit, sources said.

28 January 2015 | 12:00AM |

1MDB

LPI Capital FY14 earnings jump 40.5% to RM283m

KUALA LUMPUR: LPI Capital Bhd’s earnings jumped 40.5% to RM283.02mil in the financial year ended Dec 31, 2014 compared with RM201.44mil a year ago, boosted by its unit Lonpac Insurance Bhd (Lonpac).

28 January 2015 | 7:16PM |

Banking

LPI Capital FY14 earnings jump 40.5% to RM283m

KUALA LUMPUR: LPI Capital Bhd’s earnings jumped 40.5% to RM283.02mil in the financial year ended Dec 31, 2014 compared with RM201.44mil a year ago, boosted by its unit Lonpac Insurance Bhd (Lonpac).

28 January 2015 | 7:16PM |

Banking

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