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Business 18 Jun 2019 | 12:00 AM Premium

Overpricing for ‘extra cash’

PETALING JAYA: Property developers have overpriced their units to help buyers obtain extra cash, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) said.

Business 19 Jun 2019 | 12:45 AM Premium

MAVCOM proposals are positive for MAHB, says RHB

KUALA LUMPUR: Proposals from the Malaysian Aviation COmmission's second consulation paper on the Aeronautrical Charges Framework are overall positive for Malaysia Airports Holdings Bhd (MAHB), says RHB research.

Business 19 Jun 2019 | 11:27 PM Premium

Russians, Ukrainian to face murder charges over downing of Flight MH17

NIEUWEGEIN, Netherlands: Three Russians and a Ukrainian will face murder charges for the deaths of 298 people aboard Malaysia Airlines Flight MH17 that was shot down over eastern Ukraine in 2014, the international investigative team said on Wednesday.

Business 20 Jun 2019 | 12:00 AM Premium

MAHB shares rally on Mavcom proposal

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) saw its shares gaining more than 7% or 58 sen to its highest point in six months at RM8.51 after a report said the Malaysian Aviation Commission (Mavcom) has proposed the introduction of a transfer passenger service charge (PSC).

Business 20 Jun 2019 | 11:03 PM Premium

Rate-cut euphoria elevates S&P 500 to record high

NEW YORK: The S&P 500 hit a record high on Thursday, lifted by Wall Street's expectations that the Federal Reserve will cut interest rates as soon as next month to keep the U.S.-China trade war from stalling economic growth.

Business 22 Jun 2019 | 12:00 AM Premium

CEO: Mudajaya on track for turnaround

AT its AGM earlier this week, Mudajaya Group Bhd shareholders had plenty of questions for its board of directors in light of its financial performance of late.

Business 24 Jun 2019 | 1:00 AM Premium

RHB Research positive on MoF’s RM6.2b takeover offer for highways

KUALA LUMPUR: RHB Research Institute is positive on the Ministry of Finance’s (MoF) RM6.2bil offer to buy out four tolled highways after four months of negotiations.

Business 24 Jun 2019 | 7:55 AM Premium

Daimler issues third profit warning in a year as risks grow

FRANKFURT: Daimler AG cut its profit forecast for the third time in a year, with the German automaker’s new leadership blaming longstanding proceedings around allegations of emissions tampering.

Business 25 Jun 2019 | 12:00 AM Premium

Govt may buy more toll highways

PETALING JAYA: The government is expected to acquire more toll highways in the future, especially those with matured traffic flows and shorter remaining concession years, according to a research house.

Business 28 Jun 2019 | 6:26 AM Premium

UK stock market another victim of Brexit

LONDON: Brexit has claimed another victim: the UK stock market. Three years after the referendum to leave the European Union, the nation’s equity market is shrinking faster than any other major venue globally, according to Citigroup Inc.