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Corporate News 07 Nov 2018 | 10:14 AM

Credit Suisse pulls out of South Africa in global shift

JOHANNESBURG: Credit Suisse has pulled out of South Africa after more than a decade as part of Chief Executive Tidjane Thiam's bank-wide revamp, three sources with knowledge of the matter said.

Corporate News 24 Sep 2018 | 10:58 PM

Barrick Gold guys Randgold for US$6.5bil and creates world's biggest gold producer

LONDON: Canada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put capital to good use

Business 03 Sep 2018 | 12:00 AM

Xi looks to Africa to counter criticism of aid efforts

BEIJING: President Xi Jinping is expected to use a gathering of dozens of African leaders in Beijing to push back against criticism that China’s vast development initiatives risked saddling emerging economies with debt.

Corporate News 18 Apr 2018 | 7:27 AM

Heineken boosted by Tiger in Asia as cold hits Europe

LONDON: Strong demand for Heineken NV’s Tiger brand in Asia helped the world’s second-largest brewer overcome the effects of cold weather in Europe in the first quarter.

Economy 18 Apr 2018 | 12:00 AM

As fears of hidden debt mount, Africa issuers face more scrutiny

LAGOS: African eurobond issuers face more scrutiny in the wake of questions about the true extent of the debt loads of Zambia and the Republic of Congo.

Plantations 21 Feb 2018 | 12:47 AM

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 21

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 21

Plantations 13 Feb 2018 | 1:19 AM

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Feb 13

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Feb 13.

Corporate News 05 Jan 2018 | 12:00 AM

AmInvest keeps ‘buy’ call on Yinson, fair value RM4.50

PETALING JAYA: AmInvestment Research is maintaining its “buy” call on Yinson Holdings with unchanged forecasts and sum-of-parts (SOP) fair value of RM4.50 a share, which implies a fiscal 2019 (FY19) forecast price-to-earnings (PE) ratio of 15 times.

Analyst Reports 04 Jan 2018 | 1:01 AM

AmInvest Research keep Buy call on Yinson, fair value RM4.50

KUALA LUMPUR: AmInvestment Research is maintaining its buy call on Yinson Holdings with unchanged forecasts and sum-of-parts (SOP) fair value of RM4.50 a share, which implies an FY19F price-to-earnings (PE) of 15 times.

Business 09 Dec 2017 | 12:00 AM

Serba Dinamik shows its dynamism beyond oil and gas

ONE company operating in the upstream oil and gas sector that has been doing surprisingly well is Serba Dinamik Holdings Bhd.