LOS ANGELES: Lisa Marie Presley, the only daughter of Elvis Presley, says she is facing financial ruin and has filed a $100 million lawsuit accusing her former business manager of negligence and mismanaging her finances.
LONG-AILING Malaysia Pacific Corp Bhd (MP Corp) inches closer to a permanent shutdown, as its troubles continue to mount after several years of financial distress.
MUMBAI: Commodities trader Sakuma Exports has submitted an expression of interest to acquire leading Indian edible oil importer and retailer Ruchi Soya , it said on Friday. Malaysia's Sime Darby has also shown an interest.
JOHAN Holdings Bhd (code: 3441) has been trapped under a short-term descending trend line since Dec 29, 2017, where it peaked at a high of 40 sen before undergoing a correction phase.
KUALA LUMPUR: Encorp Bhd, the property firm controlled by Felda Investment Corp Sdn Bhd, made a RM28mil loss in the last three months ended Dec 31, 2017 as revenue drops by more than a quarter to RM106.8mil.
WHEN the Dow Jones and S&P 500 corrected sharply after falling by some 10.2% over two weeks, many pointed out that this was a correction instead of a bear market.
IT’S the long haul for Hap Seng Plantations
LOS ANGELES: The Federal Reserve should raise U.S. interest rates three or four times this year, John Williams, president of the San Francisco Federal Reserve Bank, said on Friday, adding that the next rate hike should take place in "the near future."
KUALA LUMPUR: WTK Holdings Bhd said the winding up of wholly owned unit Alanya Marine Ventures Sdn Bhd (AMV) to result in a one off RM51mil loss for the company.
A landmark deal has been signed between the Malaysia Premium Publishers Marketplace (MPPM) and Innity to offer the country’s first publishers-led one-stop shop for high-impact video advertising online to spur MPPM’s online ad trading.