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Corporate News 15 Feb 2018 | 12:00 AM


TOMEI Consolidated Bhd picked up impressively on Tuesday, surging 10.5 sen to an intra-day high of 78 sen.

Investment 15 Feb 2018 | 12:00 AM

More for less for Sky at Premier League sale in buyers’ boon

LONDON: Sky Plc is paying less for more UK rights to show Britain’s top soccer championship through 2022, a bonus for suitors 21st Century Fox Inc, Walt Disney Co and Comcast Corp.

Other Sport 14 Feb 2018 | 5:34 PM

Alpine skiing - American Biesemeyer ruled out of downhill due to injury

PYEONGCHANG, South Korea (Reuters) - American Tommy Biesemeyer has been ruled out of the Olympic downhill after suffering an ankle injury during training, the U.S Ski and Snowboard Federation said in a statement on Wednesday.

Banking 14 Feb 2018 | 6:42 AM

Singapore banks OCBC, UOB get Q4 profit boost; draw line under bad debts

SINGAPORE: Singapore's Oversea-Chinese Banking Corp Ltd and United Overseas Bank Ltd gave upbeat pictures of their growth prospects on Wednesday, after reporting strong quarterly profits and cutting exposure to the weak offshore support services sector.

Economy 14 Feb 2018 | 3:04 AM

Singapore economy loses momentum as exports ease

SINGAPORE: Singapore’s economy lost some of its momentum in the fourth quarter and the government sees growth moderating slightly this year as an export boom in 2017 eases.

Analyst Reports 14 Feb 2018 | 2:34 AM

Maybank Research sees strong earnings ahead for Yong Tai

KUALA LUMPUR: Maybank Investment Bank has started coverage of Yong Tai -- a tourism-related property developer -- with a 12-month target price (TP) of RM1.75, which is 18% above the previous day’s closing price of RM1.49.

Markets 14 Feb 2018 | 1:19 AM

Steel stocks rally early Wednesday on upbeat outlook

KUALA LUMPUR: Steel stocks rallied early Wednesday on expectations of strong earnings after the upbeat results from Southern Steel and upgrades by analysts.

Corporate News 14 Feb 2018 | 12:00 AM

Treasury yields seen rising to 3.5%

SINGAPORE: Treasury 10-year yields will rise as high as 3.5% in the next six months as the market prices in a steeper pace of Federal Reserve tightening, according to Goldman Sachs Asset Management.

Corporate News 14 Feb 2018 | 12:00 AM

The ‘Goldilocks market’ is over: Lessons from stock sell-off

SINGAPORE: Calm pervaded equity markets, with indexes in Asia following US gauges higher and a measure of Japanese stock volatility plunging as much as 36%.

Opinion 14 Feb 2018 | 12:00 AM

A bountiful new year

Chinese New Year’s eve will be upon us tomorrow. At this moment, Malaysians celebrating the festival will be making last minute preparations or travelling home for the reunion dinner to usher in the big day.