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Business

PepsiCo's workplace wellness programme fails the bottom line

NEW YORK: A long-running and well-respected workplace wellness program at PepsiCo that encourages employees to adopt healthier habits has not reduced healthcare costs, according to the most comprehensive evaluation of a such a program ever published.

Business

Music maven

Nippon EGalv Steel president also oversees the Penang Philharmonic Orchestra

Business

Lowe to spearhead TM business

KUALA LUMPUR: Multinational advertising agency Lowe Malaysia has landed the position as Telekom Malaysia Bhd’s (TM) lead agency to spearhead business and brand growth for the latter’s mass market consumer and SME businesses portfolios.

Business

Asian shares rally Wednesday morning, reassured by Turkish rate hike

SYDNEY: Asian markets rallied on Wednesday after Turkey stunned investors with a huge hike in interest rates, stirring hopes the drastic action would short-circuit a vicious cycle of selling in emerging markets and revive risk appetite generally.

Business

Lower expenses boost AMMB profit 6.8%, industry's future uncertain

PETALING JAYA: AMMB Holdings Bhd posted an increase of 6.8% in its net profit to RM423.1mil for the third quarter ended Dec 31, 2013, compared with RM396.2mil in the previous corresponding period on lower expenses and higher operating income.

Business

Asian shares get off to nervous start as Ukraine fears grow

TOKYO: Asian shares got off to a shaky start on Thursday as emerging markets were rattled by escalating tensions in Ukraine, sending investors scurrying to the safety of the dollar and US Treasuries.

Business

Asian shares soft as Ukraine dampens risk sentiment

TOKYO: Asian shares struggled to find a solid footing on Thursday as escalating tensions in Ukraine sent investors scurrying to the safety of the dollar and US Treasuries.

Business

CIMB tops brand ranking - 1st in M'sia, 4th in Asean

PETALING JAYA: CIMB Group Holdings Bhd came in first place in Malaysia and fourth in Asean in Brand Finance’s annual ranking of the world’s 500 most valuable banking brands.

Business

Eyes on Fed's Yellen after poor jobs print for dollar

LONDON: Major currency markets held broadly steady on Monday ahead of what may prove an important week for expectations on the timing of central bank policy moves in Britain and the US over the next year.

Business

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.