PARIS: French President Emmanuel Macron will describe Brexit as a wake-up call in a speech in coming weeks in which he will outline how Europe must be more assertive in the face of rival world powers, sources close to Macron said.
Mcdermott has announced contracts for developing pan Malaysia oil fields.
KUALA LUMPUR: Uncertainties worldwide will be the new norm as businesses adjust into 2019, and as far as the Employees Provident Fund (EPF) is concerned, it is not a time for it to be “too adventurous.”
LONDON: Mining giant Glencore has bought 200,000 tons of aluminum on the London Metal Exchange and will take delivery of the metal from warehouses owned by ISTIM UK in Port Klang, Malaysia, five sources familiar with the matter said.
KUALA LUMPUR: Malaysian palm oil futures edged higher during Monday trade, charting a second session of gains in three days, bolstered by strength in related edible oils and expected weaker output.
London: Hopes for progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2 1/2- month highs on Monday, though European gains were held back by concern over the outlook for auto makers.
KUALA LUMPUR: Petronas Gas Bhd posted a marginal increase in its net profit of RM1.81bil in the financial year ended Dec 31, 2018 as it was weighed down by share of losses from a joint-venture company, Kimanis Power Sdn Bhd.
KUALA LUMPUR: Investor sentiment towards Axiata turned positive after the sale of its 28.67% stake in Singapore's M1 Ltd while Dialog Group advanced after its firm earnings and upgrade by analysts.
KUALA LUMPUR: Maxis Bhd has appointed Gökhan Ogut as chief executive officer (CEO) to take office on May 1, 2019.
KUALA LUMPUR: Khazanah Nasional Bhd projects a dividend payout of over RM1bil to the government in 2019, according to managing director Datuk Shahril Ridza Ridzuan.
MUMBAI: India’s rupee has gone from being the best-performing Asian currency last quarter to the worst this year as rising crude prices and tensions over Kashmir weigh on sentiment.
PETALING JAYA: Manulife Asset Management Services Bhd (MAMSB) is expecting its Manulife Asia Total Return Bond Fund to exceed over RM100 million in sales over the next one to three months.
KUALA LUMPUR: Any additional funding for Malaysia Airlines Bhd from Khazanah Nasional Bhd will be based on its proposal, says Khazanah chief executive officer Datuk Seri Shahril Ridza Ridzuan.
KUALA LUMPUR: TSH Resources Bhd has reported a fire at a factory owned by its wholly owned subsidiary, Ekowood International Bhd.
KUALA LUMPUR: Tadmax Resources Bhd has refuted a news report that the government has cancelled its power plant project in Pulah Indah, Selangor.
SINGAPORE: Cash-strapped Singapore water-treatment company Hyflux Ltd. unveiled a restructuring plan that’s been highly anticipated by retail investors in the city-state, who own millions worth of the firm’s debt.
KUALA LUMPUR: Axiata Group Bhd’s sale of its ts 28.67% stake in Singapore's M1 Ltd has improved its financial headroom and the sale proceeds will help cut debt, S&P Global Ratings says in a report.
KUALA LUMPUR: Total trade volume between Malaysia and China reached a record high of US$108.6bil (RM443bil) in 2018, with the number of Chinese visitors into Malaysia increasing 29% to 2.94 million last year.
SINGAPORE: DBS Group Holdings Ltd. relied on lending to boost fourth-quarter profit as financial-market turbulence hit its trading, wealth and investment banking operations.
KUALA LUMPUR: The Employees Provident Fund has recorded RM50.88bil in gross investment income last year, registering a 10-year compound annual growth rate (CAGR) of 10.26%.