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Business 28 Jun 2019 | 12:00 AM

Gamuda records earnings of RM176m in third quarter

PETALING JAYA: Gamuda Bhd’s net profit fell 14.6% to RM176mil in the third quarter ended April 30 from RM206.1mil in the corresponding quarter last year.

Business 27 Jun 2019 | 12:00 AM

Malaysia closer to opening up natural gas market

KUALA LUMPUR: Malaysia is moving closer towards opening up its natural gas market to spur competition and demand.

Business 26 Jun 2019 | 10:43 PM

US regulator cites new flaw on grounded Boeing 737 MAX

WASHINGTON/SEATTLE: The U.S. Federal Aviation Administration has identified a new risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday

Business 26 Jun 2019 | 12:06 PM

Kazakh leader to wipe out debt of the poor, end bank rescues

Nur-Sultan, Kazakhstan (Bloomberg): Kazakh President Kassym-Jomart Tokayev said he’ll write off bad loans held by as much as a sixth of the central Asian country’s population, while signaling a sharp change in policy to end costly state bailouts of private banks.

Business 26 Jun 2019 | 8:07 AM

Malaysia moves closer towards natural gas market liberalisation

KUALA LUMPUR: Malaysia is moving closer towards its effort to open up its natural gas market.

Business 26 Jun 2019 | 12:00 AM

BoK chief reaffirms pledge to combat growth risks

SEOUL: South Korea’s central bank chief reaffirmed his pledge to respond to a drastic worsening in economic conditions, in a sign a rate cut might not be too far off.

Business 25 Jun 2019 | 12:00 AM

SMEs can leverage on CIMB’s regional network, strategic collaboration

STARTING a company is just the first step. Business owners know that the road to growing the enterprise from a startup to a mature operation is one riddled with challenges.

Business 24 Jun 2019 | 12:00 AM

IMF: Vital for Malaysia to boost policy buffers

PETALING JAYA: Malaysia must continue to build its policy buffers, given the possibility of escalating global trade tensions, to ensure that it has room to manoeuver in the event of a downturn, said the International Monetary Fund (IMF).

Business 23 Jun 2019 | 10:59 PM

US explores requiring domestic 5G equipment to be made outside China

NEW YORK: U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

Business 22 Jun 2019 | 12:00 AM

FBM KLCI jumps on global stimulus

REVIEW: The US Federal Reserve’s decision to maintain its policy rate, which was revealed Thursday morning, did not disappoint.