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Business

CIMB Research maintains Neutral on Felda Global Ventures

KUALA LUMPUR: CIMB Equities Research is maintaining its Neutral recommendation on Felda Global Ventures and is retaining its target price for the plantations giant at RM4.73.

Business

Top Glove to boost capacity for nitrile gloves

PETALING JAYA: Top Glove Corp Bhd will boost its production capacity in nitrile gloves this year on the back of increasing demand from the developed markets.

Business

IHH expands to Vietnam

PETALING JAYA: The latest addition to IHH Healthcare Bhd’s stable of hospitals would be the upmarket City International Hospital in Vietnam, a 320-bed hospital scheduled to be ready by the first half of this year, industry sources said.

Business

Associated Press says U.S. government seized journalists' phone records

WASHINGTON: The Associated Press said on Monday the U.S. government secretly seized telephone records of AP offices and reporters for a two-month period in 2012, describing the acts as a "massive and unprecedented intrusion" into news-gathering operations.

Business

Timeline: The long path to a Dell buyout

SAN FRANCISCO/NEW YORK: Dell Inc founder Michael Dell's efforts to take the PC company private began last summer with an idea pitched by its top institutional shareholder, Southeastern Asset Management.

Business

Asian shares rebound from Cyprus bailout scare, vote eyed

TOKYO: Asian shares rebounded on Tuesday from the previous session's steep falls, but investors remained wary over a bailout plan for Cyprus which was set for a parliamentary vote later in the day.

Business

Weaker start for Malaysia’s blue chips

Malaysia’s blue chips extended their losses in early trade on Tuesday with profit taking seen in UMW, Axiata and Public Bank but there could be some mild bargain hunting in line with the firmer regional markets.

Business

Promising prospects for Genting Plantations

PETALING JAYA: Genting Plantations Bhd’s (GenP’s) outlook is ‘promising’ as its jointly-owned Johor Premium Outlet has undertaken the phase two expansion with an overwhelming response, HwangDBS Research said.

Business

Asian shares fall, China shares buck trend

TOKYO: Asian shares fell on Thursday but losses were curbed as the region's factory activity surveys mostly improved, with China's official and private sector manufacturing PMIs confirming a recovery in the growth trend even if it lacked punch.

Business

World economies prepare for panic after Greek polls(update)

WASHINGTON/BRUSSELS: Central banks from major economies stand ready to take steps, including coordinated action, to stabilize markets as world economies prepare for a possible financial storm or public panic after cliffhanger elections in Greece this weekend.