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Business 21 Feb 2013 | 12:00 AM

BHP Billiton CEO retires, company announces 58% plunge in first-half net profit

SYDNEY: BHP Billiton said its boss Marius Kloppers will leave in May, just weeks after the head of rival miner Rio Tinto stepped down, with profits plunging on weak commodity prices as Chinese demand abates.

Business 21 Feb 2013 | 12:00 AM

Maybank Q4 earnings up 15.9% to RM1.45b, dividends 33 sen

Malayan Banking Bhd (Maybank) reported a 15.9% increase in its earnings to RM1.459bil in the fourth quarter ended Dec 31, 2012 from RM1.259bil a year ago.

Business 21 Feb 2013 | 12:00 AM

KL Kepong falls on weaker earnings, shares go ex

Shares of Kuala Lumpur Kepong (KLK) fell as much as 1.8% or 36 sen on Thursday after it earnings for the first quarter ended Dec 31, 2012 were below expectations and as its dividend of 50 sen a share went ex.

Business 21 Feb 2013 | 12:00 AM

Axiata Q4 earnings up 4.8% to RM571.1m, dividends 27 sen

Axiata Group Bhd's earnings rose 4.8% to RM571.10mil in the fourth quarter ended Dec 31, 2012 from RM544.58mil a year ago.

Business 21 Feb 2013 | 12:00 AM

KLCI barely higher as European, Asian markets fall

Key European and Asian markets fell on Thursday, sparked by China's move to rein in the speculation in its property market while a batch of poor economic data in Europe dampened hopes of a recovery.

Community 20 Feb 2013 | 12:00 AM

Sarawakians make worthy investors, says Taib

KUCHING: Permodalan Nasional Berhad (PNB) will find Sarawakians a worthy group of investors, especially in the coming years given the state’s expected development rate.

Business 20 Feb 2013 | 12:00 AM

Telcos decline, broader market cautious

Telcos fell in late morning trade on Wednesday, in line with the overall cautious market sentiment, with Telekom Malaysia and DiGi.com among the bigger decliners.

Business 20 Feb 2013 | 12:00 AM

Proposed anti-dumping duty to benefit local steel sector

MALAYSIA has proposed to impose anti-dumping duty effective Feb 20 on steel wire rods from selected companies in China, Taiwan, South Korea and Indonesia.

Business 20 Feb 2013 | 12:00 AM

RHB Research maintains Neutral on Axiata, unchanged FV of RM6.50

RHB Research Institute is maintaining its Neutral call on Axiata with an unchanged sun-of-parts fair value of RM6.50.

Business 20 Feb 2013 | 12:00 AM

Tune Ins opens with mild premium at RM1.38 (Update)

Tune Ins Holdings Bhd opened at RM1.38, which was three sen above its institutional and final retail price of RM1.35 when it made its debut on the Main Market of Bursa Malaysia on Wednesday.