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Corporate News 12 Jan 2018 | 9:28 AM

Khazanah's Tengku Azmil appointed to Axiata board

KUALA LUMPUR: Axiata Group Bhd has appointed Khazanah Nasional Bhd deputy managing director Tengku Datuk Seri Azmil Zahruddin Raja Abdul Aziz as a non-independent non-executive director on its board.

World 12 Jan 2018 | 7:00 AM

Canadian companies struggle to plan for post-NAFTA world

TORONTO (Reuters) - Canadian industries that would be most acutely impacted by the death of the North American Free Trade Agreement are unable to meaningfully plan for a possible post-NAFTA world given the uncertainty of what could replace it, analysts and executives said.

World 12 Jan 2018 | 1:40 AM

Macron in China: notes on limits of influence

BEIJING (Reuters) - On a state visit to China this week, French President Emmanuel Macron got plaudits for giving his host a horse -- but also experienced the limits faced by Western leaders in dealing with the new superpower on the block.

Business 12 Jan 2018 | 12:00 AM

HLT plans to venture into glove making

PETALING JAYA: HLT Global Bhd, which designs and installs glove-dipping lines, plans to acquire a 55% stake in HL Rubber Industries (HLRI) for RM33mil to diversify its glove manufacturing business.

Business 12 Jan 2018 | 12:00 AM

Atlan hit by higher material costs, forex losses

PETALING JAYA: Atlan Holdings Bhd’s net profit for its third quarter ended Nov 30, 2017 plunged 90% to RM1.61mil from RM16.68mil in the previous corresponding period.

Business 12 Jan 2018 | 12:00 AM

Cost of no Brexit deal

LONDON: What would happen if the UK leaves the European Union (EU) in March 2019 with no deal on the single market, customs union or transition arrangements? London mayor Sadiq Khan commissioned a study and the answer was half a million fewer jobs and £50bil (US$68bil) less investment by 2030.

Business 12 Jan 2018 | 12:00 AM

Businesses must create their own market space

PETALING JAYA: Malaysian businesses must strive to create their own market space in their respective industries in order to stay relevant, according to UCSI Blue Ocean Strategy Regional Centre vice-president of global consulting Raj Kumar (pic).

Business 12 Jan 2018 | 12:00 AM

UK pension funds sell stocks as market triggers bubble warning

LONDON: If the basic tenet of investing is knowing when to buy and sell, the stock market boom has taken that decision out of the hands of some money managers.

World 11 Jan 2018 | 10:40 PM

Canada talks tough on trade as endgame on NAFTA talks nears

LONDON, Ontario (Reuters) - Canada is talking tough with the United States, stressing its determination to push back against what it says are unfair trade practices ahead of crucial talks to revamp the tri-nation North American Free Trade Agreement.

Corporate News 11 Jan 2018 | 11:22 AM

HLT Global buys HL Rubber for RM33mil

KUALA LUMPUR: HLT Global Bhd, a fabricator of factory equipment, is planning to acquire a 55% stake in a rubber glove maker to diversify its income stream.