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World 28 Nov 2018 | 3:50 AM Premium

G20 makes slow progress on communique amid 'difficult' talks

PARIS/BUENOS AIRES (Reuters) - Officials from the Group of 20 leading industrialized nations gathered in Argentina are making slow progress in drafting a final communique for this weekend's leaders summit, amid disagreements over language on trade and climate change, delegates said.

AseanPlus News 12 Mar 2017 | 12:00 AM Premium

Hebei to cut coal usage to improve air quality

Beijing: Beijing’s neighbouring Hebei province will significantly reduce its use of coal for heating this year to improve air quality, according to the authorities.

Business 10 Jun 2015 | 12:00 AM Premium

Moody's: Low investment cost keeps electricity tariff cheap

KUALA LUMPUR: Moody’s Investors Service expects lower fuel costs to keep Malaysia’s electricity tariff depressed over the next 12 to 18 months, given the weaker outlook for thermal coal and crude oil prices.

Business 05 Mar 2015 | 9:30 AM Premium

China to raise defence budget 10.1% to US$141.45bil this year in high-tech drive

BEIJING: China will boost its military spending by 10.1 percent this year to 886.9 billion yuan ($141.45 billion) as it cranks up its development of high-tech weapons systems, the government announced on Thursday.

Business 05 Mar 2015 | 9:14 AM Premium

China lowers growth target to 7%, lowest in quarter century(Update)

BEIJING: China on Thursday announced an economic growth target for this year of around 7 percent, signaling its lowest rate of expansion for a quarter of a century, and said it would increase government spending to support the slowing economy.

Business 24 Jan 2015 | 12:00 AM Premium

Downward revision in electricity tariffs

WHILE the Government had recently announced there would be no hike in electricity tariffs this year, consumers may see electricity tariffs revised downward in the second half of this year due lower coal prices and Tenaga Nasional Bhd’s (TNB) lesser reliance on gas power plants.

Business 19 Dec 2014 | 12:00 AM Premium

TNB unable to determine impact of lower energy prices yet

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is unable to determine the impact of lower energy prices and the weaker ringgit on the company and will not be adjusting tariffs yet.

Business 28 Oct 2014 | 12:00 AM Premium

Strong earnings seen for TNB on lower costs

PETALING JAYA: Tenaga Nasional Bhd (TNB) is expected to register a strong finish for its financial year ended Aug 31, 2014 (FY14), with its fourth-quarter earnings projected to rise significantly on an annual basis due to lower electricity-generation costs.

Business 19 Feb 2014 | 12:10 PM Premium

Lack of fresh catalysts for Tenaga Nasional

KUALA LUMPUR: Public Invest Research is maintaining its Neutral outlook on Tenaga Nasional with an unchanged target price of RM12.32.

Business 20 Apr 2012 | 12:00 AM Premium

Analysts: Sime set for some corporate actions

PETALING JAYA: Despite the expectation of slower earnings growth in the financial year ending June 30, 2013 (FY13) following a sterling performance thus far, news flow on potential corporate actions such as spin-offs and mergers and acquisition could attract investors to diversified group Sime Darby Bhd.