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Banking 21 Feb 2014 | 2:05 PM

Swedish banks light the low-growth way with high returns

STOCKHOLM: Swedish banks are pulling ahead of the pack in Europe, showing their peers it is possible to stay on top of regulatory demands to hold more capital while rewarding shareholders with a focus on profitability rather than growth.

Economy 02 Jun 2014 | 5:17 PM

India manufacturing output hits 3-month high: survey

NEW DELHI: Indian manufacturing orders hit a three-month high in May, suggesting stronger output in the coming months, as overall factory output growth picked up pace slightly, a business survey showed Monday.

Corporate News 23 Jul 2014 | 12:00 AM

Abric board keen to monetise business given interest shown by foreign party

PETALING JAYA: The board of Abric Bhd is looking to divest its core business and explore other opportunities, given the entry of a foreign party who is interested in its security sealing solutions business.

Corporate News 11 Nov 2014 | 12:00 AM

AirAsia load factor up, but sales volume down

PETALING JAYA: AirAsia Bhd has reported a two-percentage-point improvement in load factor to 78% in the third quarter ended Sept 30 despite it being a low-season period for the industry, due to cutting the number of available seats.