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Business 28 Dec 2013 | 7:23 AM Premium

GM recalls 1.46mil cars in China over fuel pump bracket

SHANGHAI: General Motors Co's China joint venture is recalling 1.46 million cars due to a defect with the fuel pump brackets, in one of the largest safety recalls in the world's biggest auto market.

Economy 11 Nov 2013 | 3:20 PM Premium

China’s Oct vehicle sales up 20.3%

Vehicle sales in China rose 20.3% in October from a year earlier, the China Association of Automobile Manufacturers (CAAM) said on Monday, putting it on track to beat the industry group's growth forecast for 2013.

Business 18 Mar 2013 | 12:00 AM Premium

Gobal commodites traded mixed

LONDON: Global commodity markets traded mixed as dealers reacted to global demand expectations for raw materials including oil and cocoa.

Business 25 Jun 2011 | 12:00 AM Premium

Chinese auto shares jump on better sentiment

HONG KONG: Chinese auto shares leapt in Hong Kong yesterday as investors became more positive on the sector, which had been hammered by weak sales earlier this year, after better-than-expected sales performances by some global auto makers in China.

Business 10 Dec 2010 | 12:00 AM Premium

China said Fri auto sales jumped 27% in Nov

SHANGHAI: China's auto sales powered ahead in November, jumping 27 percent to 1.7 million vehicles as car buyers rushed to beat expected increases in license plate fees in some cities.

Business 22 Jul 2010 | 12:00 AM Premium

AmInvestment aims to manage more assets

KUALA LUMPUR: AmInvestment Bank Group's fund management division is confident of achieving 20% to 25% growth in assets under management (AUM) for its fiscal year ending March 31, 2011. The bank's AUM stood at RM20.2bil as at June 30.

Business 10 Nov 2008 | 12:00 AM Premium

CAAM seeks to outsource part of funds

Credit Agricole Asset Management Malaysia Sdn Bhd (CAAM Malaysia), the fourth foreign fund management company approved by the Securities Commission to operate locally, is targeting to develop a stronger presence among local institutional investors and fund management companies.

Business 13 Aug 2008 | 12:00 AM Premium

Credit Agricole gets nod

Crédit Agricole Asset Management Malaysia Sdn Bhd (CAAM Malaysia), a subsidiary of CAAM Singapore, which in turn is part of the asset management arm of France's Crédit Agricole group, has received the Securities Commission's (SC) approval for a capital market services licence and a capital market services representatives licence.

Business 01 Nov 2006 | 12:00 AM Premium

AmInvestment launches two new bond funds

AmInvestment Management Sdn Bhd, a member of the AmInvestment group, which launched two new bond funds on Tuesday, believes the investment climate for bonds is favourable.