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Business 08 Oct 2008 | 12:00 AM

Local insurers may get hurt if crisis widens

The credit crunch that is causing havoc in the US and European financial markets has little impact so far on local insurance companies but their performance may take a knock if the financial crisis worsens, industry players said.

Business 22 Mar 2003 | 12:00 AM

Reserves sustained

Bank Negara#039;s international reserves sustained at RM131.7bil or US$34.7bil as of March 14.

Business 08 Mar 2007 | 12:00 AM

HK exchange set for record fourth quarter earnings

Hong Kong's stock exchange, Asia's largest listed bourse, is expected to post its best-ever quarterly net profit thanks to unprecedented turnover and equity fundraising as investors chased robust growth in China.

Business 07 Mar 2003 | 12:00 AM

Insurer QBE posts standout 2002 profit

Global insurer QBE Insurance Ltd, with few of the tumbling share investments that have hurt its peers, topped market forecasts for its calendar 2002 profit yesterday and tipped profit growth of above 50% for 2003.

Business 15 Jan 2005 | 12:00 AM

LPI Capital profit surges 78% to RM78mil

LPI Capital has achieved a pre-tax profit of RM77.5mil for the financial year ended Dec 31, 2004, up 78% from RM43.6mil the year before. Net profit improved by 57% to RM55.5mil from RM35.3mil previously.

Analyst Reports 20 Aug 2014 | 2:08 PM

UOB Kay Hian Research maintains Hold on AMMB

KUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining its Hold recommendation for AMMB Holdings Bhd with a target price of RM7.82.

Business 19 Aug 2014 | 12:00 AM

Tune Ins posts lower Q2 earnings

Tune PETALING JAYA: Tune Ins Holdings Bhd’s net profit for the second quarter ended June 30 declined by 12% to RM14.35mil from RM16.31mil a year earlier mainly due to an increase in staff costs and higher provision for the share of Malaysian Motor Insurance Pool (MMIP).

Nation 07 Feb 2013 | 12:00 AM

EPF may declare higher dividend for 2012 soon

PETALING JAYA: Malaysians can expect another ang pow immediately after Chinese New Year when the Employees Provident Fund announces its dividend for 2012.

World 09 Apr 2013 | 12:00 AM

Germany says five big EU states to cooperate more on fighting tax evasion

BERLIN (Reuters) - The European Union's five largest economies have agreed to deepen their cooperation on fighting tax evasion and expect other member states to join their initiative, the German finance ministry said on Tuesday.

World 14 Mar 2012 | 12:00 AM

Sarkozy defends plan to crack down on tax exiles

PARIS (Reuters) - French President Nicolas Sarkozy sought to reassure expatriate voters on Wednesday that they would not be hit by his promise of a crackdown on wealthy tax exiles if re-elected next May 6.