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Motorsport 13 Apr 2018 | 7:14 PM

F1 owner in talks over China venture to boost market push - sources

BEIJING/LONDON (Reuters) - Formula One is in talks with potential Chinese partners to set up a new local venture, four sources have told Reuters, which would help it push deeper into the huge but still nascent China market.

Corporate News 01 Mar 2018 | 5:56 AM

AmBank’s MSS to bring about savings of 80mil a year

PETALING JAYA: AMMB Holdings Bhd’s mutual separation scheme (MSS) exercise is expected to be bring about savings of around RM80mil per year from financial year ending March 31, 2019 (FY19) onwards.

Corporate News 01 Mar 2018 | 12:00 AM

AmBank Q3 net profit retreats

PETALING JAYA: AMMB Holdings Bhd has recorded a 5.4% higher net income of RM2.91bil for the nine-month period ended Dec 31, 2017, underpinned by an increase in net interest income (NII) and a broadly stable net interest margin (NIM).

Banking 06 Jan 2018 | 12:00 AM

What’s in store for banks

WITH predictions of slower economic growth this year, banks, which are often seen as proxies to the economy, will all have to deal with similar issues of lethargic loan growth, rising credit costs and compressed profit margins.

Education 15 Oct 2017 | 12:00 AM

Towards greater research excellence

TAYLOR’S University has appointed Prof Jonathan Winterton (pic) as executive dean of its Faculty of Business and Law (FBL) and professor of employment.

Banking 22 Aug 2017 | 10:24 AM

AMMB, RHB Bank cancel merger plan, unable to agree on terms

KUALA LUMPUR: AMMB Holdings Bhd and RHB Bank Bhd had on Tuesday scrapped their proposed merger as they were not able to agree on mutually acceptable terms and conditions for the corporate exercise.

Banking 31 May 2017 | 6:29 AM

AMMB posts 20% rise in Q4 earnings at RM335.8m

KUALA LUMPUR: AMMB Holdings Bhd reported a 20% increase in earnings at RM335.81mil in the fourth quarter from RM280.02mil a year ago boosted by higher net interest income (NII).

Business 23 Mar 2017 | 12:50 AM

Breakfast briefing: Thursday, March 23 (Update)

Breakfast briefing: Thursday, March 23

Banking 23 Mar 2017 | 12:00 AM

AmBank expects 15% growth in SME loans

KUALA LUMPUR: AmBank (M) Bhd is expecting a 15% growth from its small and medium-enterprise (SME) loan segment for the financial year 2017 (FY17), driven by the banking group’s Top Four Strategy that it embarked on last year

Banking 24 Feb 2017 | 5:38 AM

AMMB Holdings Q3 earnings higher at RM313m

KUALA LUMPUR: AMMB Holdings Bhd's earnings rose 4.3% to RM313.16mil in the third quarter ended Dec 31, 2016 from RM300.15mil a year ago.