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KUALA LUMPUR: Despite the fallout from Bandar Malaysia and the implications for China-driven contracts, CIMB Research remains optimistic about the job awards from the RM50bil East Coast Rail Line (ECRL) and the RM9bil Gemas-Johor Baru double-tracking project that are long overdue.
NEW YORK: U.S. broadcaster Sinclair Broadcast Group Inc said on Monday it would buy Tribune Media Co, one of the largest U.S. television station operators, for about US$3.9 billion cash and stock, and assume about $2.7 billion in debt.
TRIPOLI/ROME (Reuters) - More than 200 migrants are feared to have died in the Mediterranean over the weekend, according to testimony from survivors, and several bodies, including that of an infant, have washed up on a Libyan beach.
KUALA LUMPUR: Despite the fallout from Bandar Malaysia and the implications for China-driven contracts, CIMB Research remains optimistic about the job awards from the RM50bil East Coast Rail Line (ECRL) and the RM9bil Gemas-Johor Bahru double-tracking project that are long overdue.
PETALING JAYA: Sarawak-based Weida (M) Bhd seems to be basking in a sweet spot of growth. The low-profile company, which is already in a position to benefit from the ongoing construction of the Pan Borneo Highway project in its home state, is set to see its income prospects improve further with the hospital concession that it has just bagged over the week.
BEIJING (Reuters) - The Chinese capital is sanitising its ancient hutong alleyways, home to millions of migrants workers and thousands of small businesses, bulldozing illegal constructions and forcing shops, bars and tiny courtyard restaurants to relocate or go under.
NEW YORK: Sinclair Broadcast Group Inc is nearing a deal to acquire Tribune Media Co for close to $4 billion after prevailing in an auction for one of the largest U.S. television station operators, according to people familiar with the matter.
KUALA LUMPUR: Malaysian palm oil futures bounced back on Thursday, after recording their sharpest fall in a week in the previous session, helped by a weaker ringgit and stronger performing soyoil.