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Maxis posts higher normalised profit after tax at RM510m in Q1FY17, div 5c

KUALA LUMPUR: Maxis Bhd posted higher normalised profit after tax of RM510mil in the first quarter ended March 31, 2017 while service revenue was stable, underpinned by strong average revenue per user (ARPU).

Samsung Elec flags stronger Q2; Elliott welcomes share cancellation

SEOUL: Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business, sending its shares to a new high

Gold chain and pendant fetch RM58K at police auction

KUALA LUMPUR: Malaysians love a good deal and are willing to go the distance to get value for their money, even to an auction held by the Narcotics Criminal Investigation Department (NCID) here on Thursday.

Samsung Elec flags stronger Q2; Elliott welcomes share cancellation

Samsung Electronics Co Ltd on April 27 flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business.

Tenaga Nasional posts higher Q2 earnings

KUALA LUMPUR: Tenaga Nasional Bhd posted a stronger set of earnings in the second quarter ended Feb 28, 2017 on foreign exchange (forex) translation gains and contributions from associates.

Germany's poor hold key to election as inequality grows

DORTMUND, Germany (Reuters) - For all its economic success, Germany has a growing problem with inequality and poverty, and yet Chancellor Angela Merkel seems to be deflecting the blame so far as the battlelines are drawn for elections in September.

Trump says ‘will renegotiate’ Nafta deal with Canada, Mexico

WASHINGTON: President Donald Trump expressed optimism on Thursday the United States, Canada and Mexico can successfully renegotiate a trade accord he deems unfair to American interests but vowed to scrap the 23-year-old pact if a “fair deal for all” cannot be reached.

Abbas turns screw on Hamas by cutting Gaza's electricity

GAZA (Reuters) - With the prospect looming of a Middle East peace initiative by a new U.S. administration more sympathetic to Israel, Palestinian President Mahmoud Abbas has decided to turn the screw on the Hamas group that has kept Gaza out of his control for a decade.

EU 27 negotiators show unity as they discuss guidelines for Brexit talks

LUXEMBOURG (Reuters) - European Union negotiators displayed unity as they met on Thursday to discuss guidelines for divorce negotiations with Britain, seeking to forestall differences that could emerge at a later stage.

Oil prices rise early Friday on potential OPEC cut extension(Update 1)

SINGAPORE: Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an oversupplied market.