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Business 10 May 2003 | 12:00 AM Premium

Foreign news in brief

Foreign news in brief including: Xstrata gets nod to pursue MIM, China bottle maker plans SGX listing, Chinese TV maker wins Iraqi order, UOB-Kay Hian to buy Millennium

Business 12 Mar 2004 | 12:00 AM Premium

TNB to raise output at Indon coal mine

TENAGA Nasional Bhd (TNB) plans to raise production at its Indonesian coal-mining project by a third by 2005 to meet increased demand.

Business 11 Apr 2005 | 12:00 AM Premium

Malaysian Bulk wins TNB coal contract

MALAYSIAN Bulk Carriers Bhd, a shipping company controlled by billionaire Robert Kuok, said it has won a three-year contract with Tenaga Nasional Bhd to ship coal to Malaysian ports.

Business 25 Jun 2005 | 12:00 AM Premium

Right timing for Genting deal

GENTING Bhd, which is proposing to invest in four power plants in China, seems to have chosen the right time to enter the Chinese power generation industry.

Business 15 Sep 2005 | 12:00 AM Premium

CLP Holdings to boost renewable power output

Hong Kong-based CLP Holdings Ltd plans to increase its renewable power generating capacity in Asia to 5% of its overall portfolio from 1%, a company executive said yesterday.

World 28 Mar 2007 | 12:00 AM Premium

Australia needs more action on climate -- Stern

CANBERRA (Reuters) - Australia needs to urgently ratify the Kyoto Protocol and slash its greenhouse gas emissions by at least 60 percent by 2050 to help fight global warming, British climate economist Nicholas Stern said on Wednesday.

Business 24 Aug 2007 | 12:00 AM Premium

SAAG in two big deals

SAAG Consolidated (M) Bhd yesterday made two significant announcements that are likely to result in a re-rating on the company. The first is on the agreement it entered with Keppel Oil International Ltd Inc to build, own and operate mobile offshore jack-up drilling rigs for US$155mil in Labuan Shipyard.

Business 10 Oct 2007 | 12:00 AM Premium

Shenhua doubles on market debut

Shares in China Shenhua Energy Corp nearly doubled in their Shanghai debut yesterday, lifted by a huge appetite for resource stocks and strong earnings prospects for the country's largest coal producer.

Business 16 Jan 2008 | 12:00 AM Premium

TNB Q1 profit surges

Tenaga Nasional Bhd (TNB) reported a big jump in net profit for the three months ended Nov 30, 2007, thanks to an increase in electricity demand and a stronger ringgit, which helped reduce the cost of its foreign-currency debt.

World 17 Jan 2008 | 12:00 AM Premium

China drought underlines hydropower reliance risks

BEIJING (Reuters) - A major drought has squeezed electricity output at big dams across southwest China, highlighting the risks of Beijing's massive hydropower expansion plans on coal and oil markets in a warmer, drier world.