Business

UEM Sunrise: Rising up to the challenge

CEO Anwar Syahrin Abdul Ajib is with UEM Sunrise Bhd for less than a year and has a big job ahead.

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.

China central bank official sees downward pressure on economy persisting

BEIJING: Downward pressure on China's economy will persist in the second half of the year as growth in infrastructure spending and exports is unlikely to pick up, a senior central bank official was quoted as saying.

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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

Pacific Rim free trade talks fall short of deal

LAHAINA, Hawaii: Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared up over auto trade between Japan and North America, New Zealand dug in over dairy trade and no agreement was reached on monopoly periods for next-generation drugs.

1 August 2015 | 7:52PM |

Economy

China Railway Signal prices HK IPO at bottom

HONG KONG: China Railway Signal & Communication Corp (CRSCC), the world's largest builder of rail traffic control systems, raised $1.4 billion after pricing its Hong Kong initial public offering at the bottom of expectations.

1 August 2015 | 7:50PM |

Corporate News

China July factory growth unexpectedly stalls

BEIJING: Growth at China's big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump.

1 August 2015 | 7:47PM |

Economy

Bleak oil price

ROYAL Dutch Shell, which reported a 37% drop in its second-quarter profits, has said that it is cutting 6,500 jobs as it prepares for a “prolonged downturn” in crude prices.

1 August 2015 | 12:00AM |

Short Position

Shareholding change at Apex imminent?

APEX Equity Holdings Bhd has been once again cast in the limelight as its share price soared this week amid an overall weak broader market.

1 August 2015 | 12:00AM |

apex

Attractive yield: The group is expected to increase its local total installed capacity by 18.7 with the commencement of its 1,000MW coal-fired power plant by March next year.

Malakoff's dividend play

In times when there is volatility, risk averse investors try to look for avenues to get better returns for their investments. In trying to meet their objectives, we are starting a Stock to Watch column. The stock featured is an idea for long-term investors. We start with Malakoff Corp Bhd...

1 August 2015 | 12:00AM |

Malakoff

Alliance Financial Group Bhd CEO Joel Kornreich

AFG upbeat about improving financial performance

THE challenging operating environment in the banking sector will not dampen Alliance Financial Group Bhd’s (AFG) pursuit to put the banking group on a stronger financial footing.

1 August 2015 | 12:00AM |

AFG

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