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Business 13 Jul 2015 | 12:00 AM

China stock market sell-off hits demand for luxury cars

BEIJING: Prices for German luxury cars in China are tumbling as the country’s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.

Business 24 Jul 2015 | 12:33 PM

RAM reaffirms MRCB Southern Link’s ratings but outlook negative

KUALA LUMPUR: RAM Rating Services has reaffirmed the ratings of MRCB Southern Link Bhd’s two tranches of Sukuk but with a negative outlook.

Business 11 Jul 2015 | 12:00 AM

KNM’s cash calls

SHAREHOLDERS of oil and gas services provider KNM Group Bhd may have to be an enduring lot. Following one placement exercise and another rights issue within the last 14 months, the company may be looking to tap its shareholders for funds again.

Business 09 Jul 2015 | 8:02 AM

Breakfast briefing: Thursday, July 9

Breakfast briefing: Thursday, July 9

Opinion 13 Feb 2012 | 12:00 AM

Ex-billionaire’s case grips nation

From rags to riches to firing squad, Wu Ying’s death sentence triggers heated debate over capital punishment.

Business 30 Apr 2015 | 6:41 PM

Redtone's Q3 profit drops by about one-third

KUALA LUMPUR: Redtone International Bhd’s net profit fell 36.8% year-on-year (y-o-y) to RM3.15mil in the third quarter ended Feb 28, 2015 due to a drop in project revenues and higher costs.

Economy 17 Jan 2015 | 12:00 AM

Lower oil prices bode well for SPACs

Falling oil prices are starting to make oil and gas (O&G) special-purpose acquisition companies (SPACs) that have yet to make their qualifying assets (QA) look more attractive.

Business 14 Jan 2015 | 12:00 AM

Overweight call on equities despite low oil prices

KUALA LUMPUR: UOB Asset Management is positive about Malaysian equities as opposed to fixed income and has made an “overweight” call on equities despite the continued uncertainty in oil prices.

Business 07 Jan 2015 | 12:00 AM

After slashing capex, Petronas plans up to 30% cut in opex

PETALING JAYA: Petroliam Nasional Bhd (Petronas) is looking to make cuts in its operating expenditure (opex) by between 25% and 30% to preserve its profitablity as crude oil prices continue to tumble.

Business 31 Jan 2015 | 12:00 AM

Benalec in for the long haul in Tanjung Piai

BENALEC Holdings Bhd is far from done with its reclamation project in south Johor.

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