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Corporate News 23 Mar 2019 | 12:00 AM Premium

Value seen in MMC despite Pan Borneo Highway uncertainty

CONGLOMERATE MMC Corp Bhd, which lost nearly RM4bil in market capitalisation over the past two years, has come under the spotlight again.

Corporate News 07 Aug 2018 | 12:00 AM

For these billionaires, it’s all about cruise fleets

NEW YORK: It was a cold and cloudy July day in Reykjavik, and French arts patron Maryvonne Pinault was at a pier fulfilling her godmother duties for Le Laperouse, the first of six 184-passenger, upscale expedition yachts from her husband’s Marseilles-based cruise line Compagnie du Ponant.

Business 26 Jul 2018 | 12:00 AM

Viacom in talks to acquire youth-media firm

LOS ANGELES: Viacom Inc is in talks to acquire youth-media company Awesome-nessTV from Comcast Corp, Verizon Communications Inc and Hearst Corp, according to two people familiar with the matter.

Construction 17 Jul 2018 | 12:00 AM

Melaka Gateway project on track

KUALA LUMPUR: The RM43bil Melaka Gateway project is on track with its status report to be presented to the Transport Ministry and the Port Klang Authority, according to the concessionaire KAJ Development Sdn Bhd (KAJD).

Corporate News 16 Jul 2018 | 8:12 AM

Melaka Gateway on track

KUALA LUMPUR: The RM43bil Melaka Gateway project is on track with its project status report waiting to be presented to the Ministry of Transport and Port Klang Authority (PKA), said Concessionaire of Melaka Gateway KAJ Development Sdn Bhd (KAJD).

Markets 14 Jun 2018 | 10:51 PM

Nasdaq hits new closing high, S&P 500 gains after ECB decision, US data

NEW YORK: The S&P 500 edged up and the Nasdaq reached another record closing high on Thursday after the European Central Bank said it would avoid raising interest rates until mid-2019, and data showed U.S. economic strength.

Corporate News 26 Feb 2018 | 12:00 AM

Penang Port allocates RM186mil capex for two years

GEORGE TOWN: Penang Port Sdn Bhd has allocated RM186mil in capital expenditure (capex) over a span of two years.

Business 17 Mar 2017 | 1:29 PM

Royal Caribbean to invest in Penang’s cruise terminal expansion

GEORGE TOWN: A global cruise line giant listed on the New York Stock Exchange is investing in the Swettenham Pier Cruise Terminal here to lengthen the pier from the present 400m to 688m.

Corporate News 27 Jan 2017 | 12:14 AM

Wall St ends flat after 2-day run; Dow stays above 20,000

NEW YORK: U.S. stocks were little changed on Thursday as investors paused following a two-day rally that pushed the Dow Jones Industrial Average above the 20,000 mark, while the latest wave of earnings rolled in.

Business 05 Nov 2016 | 12:00 AM

Genting's Kok Thay cruising ahead

Genting Hong Kong comes out with new version of luxury liners to tap into China market