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Corporate News 31 Dec 2017 | 10:52 PM

Siemens to gauge interest of state funds in Healthineers IPO

FRANKFURT: Siemens will test the appetite of sovereign wealth funds ahead of the planned listing of its healthcare unit Healthineers next year, its chief executive told a German weekly, possibly to secure anchor investors for the flotation

Business 08 Nov 2017 | 12:00 AM

Aramco oil reserves audit two-thirds complete

LONDON: An audit of Saudi Aramco’s oil reserves is unlikely to be completed before the end of 2017 because of the huge scale of the task, sources familiar with the matter said, a later timeframe than previously indicated.

Business 03 Nov 2017 | 12:00 AM

World’s biggest pension fund adds US$39bil as stocks rise

TOKYO: The world’s biggest pension fund posted its fifth straight quarterly gain, the longest run in more than two years, as global stocks advanced to new highs and weakness in the yen helped boost the value of overseas investments.

Property 09 Aug 2017 | 7:12 AM

TRX north side take-up rate hits 80%

KUALA LUMPUR: The Tun Razak Exchange (TRX), an iconic 28.3-hectare development in the heart of Kuala Lumpur, has seen 80 per cent of the land on its north side being commercialised, or under negotiations.

Property 08 Jul 2017 | 12:00 AM

How the Lotte IPO is put on track for listing

WHAT is being touted as one of Malaysia’s biggest initial public offerings (IPOs) in recent years nearly didn’t take off.

Business 06 Jul 2017 | 12:00 AM

Bidders shortlisted by ANZ

Bank to sell wealth unit for up to US$3bil and focus on core business

Forex 29 Jun 2017 | 2:53 AM

Ringgit is Asia's strongest currency

KUALA LUMPUR: Malaysian assets are back in favour as investors focus on encouraging signs of an economic turnaround instead of a scandal that has touched the top of government and as far as Hollywood.

Business 27 Jun 2017 | 12:00 AM

Starling Bank targets EU expansion

LONDON: Starling Bank, a British financial startup that lends via smartphones, is targeting expansion in the European Union (EU) even as the future of cross-border banking comes under threat from Brexit.

Markets 22 May 2017 | 5:22 AM

China stocks pressured by tighter regulation; Hong Kong at 22-month high

SHANGHAI: China's main stock indexes were little changed on Monday morning as strength in financials and raw materials were offset by weakness in the real estate and brokerage sector, both of which suffered from tighter government regulations.

Analyst Reports 10 May 2017 | 12:00 AM

Malakoff 'hold', Media Prima 'hold', Tenaga 'outperform', Signature 'non-rated'

Malakoff Corp (Malakoff) is expected to announce its first quarter earnings (Q1FY17) by mid-May and UOB Kay Hian has projected the company’s net profit at between RM100mil and RM120mil.