Business

Foreign fund outflow from Malaysia above RM11b: MIDF Research

KUALA LUMPUR: MIDF Equities Research estimates that cumulative net foreign outflow from Malaysian equities rose to RM11.7bil at end July, significantly surpassing the RM6.9b outflow for the entire 2014.

Japanese, South Koreans may buy stake in Century Logistics

PETALING JAYA: Century Logistics Holdings Bhd is in talks with parties from South Korea and Japan looking for a strategic tie-up for access into the Malaysian market, sources say.

Aishah: ‘It will depend if there are initiatives such as a scapping policy or incentives to boost sales.’

Can automotive industry's million-unit vehicle target be met by 2020?

PETALING JAYA: The Malaysian automotive industry can still hit a total industry volume (TIV) of one million units by 2020 – with the right economic fundamentals and proper incentives in place.

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Iskandar property cooling down

ASK any developer or real estate agent about the Iskandar region and they’ll tell you that the property “heat” in Johor has cooled down. But that was from a high base some two years back.

1 August 2015 | 12:00AM |

UEM Sunrise

Tackling corruption China style

CHINA was notorious for its corrupt officials. But since 2012, when President Xi Jinping embarked on an anti-graft campaign to eradicate the country of corrupt leaders, the results have been gratifying.

1 August 2015 | 12:00AM |

China

A man for all seasons

From this week, StarBizWeek will be starting a new feature looking at key corporate personalities who have made the news. We kick off with Chan Guan Seng, a founding member and executive chairman of Apex Equity who announced this week his intention to sell his stake in the brokerage for the right price.

1 August 2015 | 12:00AM |

chan guan seng

Commodities, currencies and China in limelight

New York: Commodities and currencies may continue to be in the spotlight for investors this week, as prospects for a Federal Reserve interest rate rise and the Chinese stock market slump work their way around global markets.

3 August 2015 | 2:09PM |

Business

China freezes US fund Citadel's account

Shanghai: China's markets regulator has suspended a trading account of US-based hedge fund Citadel LLC, the fund said on Monday, in the watchdog's first known move against a big foreign investor as it battles to prop up China's ailing stock markets.

3 August 2015 | 1:55PM |

Business

Weststar a main contractor for Mindef

KUALA LUMPUR: Weststar Group has been apppointed the main contractor for the Defence Ministry (Mindef)'s procurement of the STARStreak Very Short Range Air Defence system from Thales Air Defence Ltd UK.

3 August 2015 | 1:45PM |

Business

HSBC's H1 profits rise on bumper Hong Kong results

HONG KONG: HSBC Holdings reported a 10 percent increase in earnings for the first half of the year, boosted by bumper profits in Hong Kong as the lender considers whether to move its headquarters from London to the Asian hub.

3 August 2015 | 12:44PM |

Banking

China July factory activity shrinks most in two years

BEIJING: China's factory activity shrank more than initially estimated in July, contracting by the most in two years as new orders fell and dashing hopes that the world's second-largest economy may be steadying, a private survey showed on Monday.

3 August 2015 | 10:53AM |

Economy

AmResearch upgrades Westports to Buy from Hold

KUALA LUMPUR: AmResearch has upgraded Westports to Buy from Hold with a higher fair value of RM4.87 a share based on management’s expectations of a container tariff hike that could be announced in the next few months.

3 August 2015 | 9:46AM |

Analyst Reports

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