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Business 03 Mar 2006 | 12:00 AM

Deutsche Telekom bolsters dividends

Deutsche Telekom yesterday raised its dividend by more than expected after another strong performance at its mobile unit lifted fourth-quarter earnings and sales.

Business 14 Apr 2006 | 12:00 AM

Mixed outlook for shipping

Shipping company Halim Mazmin Bhd executive chairman Tan Sri Halim Mohammad is not overly-anxious over the decline in shipping rates; in fact, he expects the company to continue to be profitable in the coming years.

Business 13 May 2006 | 12:00 AM

Mittal Steel gets US clearance for Arcelor bid

Mittal Steel, the world's largest steel maker, said yesterday it has received US clearance for its proposed bid for rival Arcelor, as it posted a 35% fall in first-quarter profit.

Business 20 Jun 2006 | 12:00 AM

KKR to pay A$1.8b for two Bramble assets

US private equity firm Kohlberg Kravis Roberts Co (KKR) will buy two businesses from Brambles Industries Ltd for A$1.83bil in cash, the country's biggest buyout ever.

Business 02 Jul 2006 | 12:00 AM

MMC inks pact to acquire Malakoff

MMC Corp Bhd and its wholly owned subsidiary Nucleus Avenue (M) Sdn Bhd (NASB) had on Friday entered into agreements to acquire the securities, assets and liabilities of independent power producer, Malakoff Bhd for RM9.3bil.

Business 24 Oct 2006 | 12:00 AM

Consumers more cautious on spending

The retail scene will remain competitive for the rest of the year as consumers become more cautious on spending their hard-earned money, according to Aeon Co (M) Bhd finance general manager Poh Ying Loo.

Business 15 Nov 2006 | 12:00 AM

Vodafone beats forecasts for core earnings

Mobile-phone giant Vodafone Group Plc topped forecasts for half-year core earnings yesterday and reaffirmed its forecast for the year, though it unveiled a new £8.1bil impairment charge for goodwill.

Business 22 Feb 2007 | 12:00 AM

Arcelor Mittal posts US$15.3bil profit

Arcelor Mittal, the world's largest steelmaker, reported yesterday a 2006 core profit of US$15.3bil, slightly below market expectations but in line with its own forecast.

Business 23 Apr 2007 | 12:00 AM

Strong second half earnings expected of Hiap Teck

Given the stronger-than-expected first half year results, analysts are optimistic that Hiap Teck Venture Bhd would be able to deliver stronger earnings in the second half year.

Business 14 Jul 2007 | 12:00 AM

Harder to pick next winner

With the stock market having traded at all-time highs, it is getting tougher to pick the next winner without compromising on valuations, said Citigroup Investment Research Asia Pacific head of country research for Malaysia, Choong Wai Kee.