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NISSAN Motor Co. cut its full-year profit outlook for the second time in as many quarters and scrapped its year-end dividend payout, renewing concern about the troubled automaker’s ability return cash to investors, especially top shareholder and partner Renault SA.
KUALA LUMPUR: The liquidator of London Biscuits Bhd is calling for a meeting of creditors of the company in Johor Bahru on March 24.
KUALA LUMPUR: Amverton Bhd's founder and controlling shareholder Tan Sri Ng Thian Hock's takeover offer for the remaining shares in the mid-sized property company is not fair but reasonable.
KUALA LUMPUR: SIA Engineering Company Ltd will emerge as a strategic partner in Pos Malaysia Bhd's aircraft maintenance and engineering business following the Singapore company's proposed purchase of a 49% stake in the unit.
KUALA LUMPUR: Stocks to watch on Thursday include TA Enterprise Bhd, Kelington Group Bhd, Malaysia Marine and Heavy Engineering Bhd, CJ Century Logistics Holdings Bhd and Genting Plantations Bhd, according to JF Apex Research.
WASHINGTON: The Pentagon is likely to back new U.S. restrictions on Huawei Technologies, reversing earlier opposition to a proposal meant to further crack down on exports to the blacklisted Chinese company, a person briefed on the matter told Reuters on Wednesday.
BOGOTA:Nearly half of the 500 top global companies and investment firms that produce, use or finance commodities posing a threat to forests have made no public commitment to prevent deforestation in their supply chains, researchers said on Wednesday
NEW YORK:Wall Street closed at record highs on Wednesday as news that the coronavirus outbreak could be running out of steam kept buyers in the ring.
KUALA LUMPUR: Kelington Group Bhd has announced that a unit has secured contracts from the largest semiconductor foundry in China worth a total of RM64mil.
KUALA LUMPUR: Genting Plantations Bhd is taking back a 25% stake in a metathesis plant it sold to US-based technology partner Elevance Renewable Sciences Inc in 2014.