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Corporate News 15 Mar 2018 | 5:51 AM

Top Glove Q2 earnings up 31.2% to RM109m

KUALA LUMPUR: Top Glove Corporation Bhd's earnings rose by nearly one-third to RM109.01mil in the second quarter ended Feb 28 due to strong demand growth for natural rubber glove from emerging markets and lower raw material prices.

Markets 15 Mar 2018 | 5:00 AM

KLCI weighed down at midday as Nestle continues slide

KUALA LUMPUR: The FBM KLCI slid for a second consecutive day, weighed down by profit-taking in Nestle and Hong Leong Bank.

Business 15 Mar 2018 | 4:29 AM Premium

Platts Insight: A bigger geopolitical play unfolds for the crude oil industry

AS we enter the final paces of the first quarter of 2018, international crude prices seem to be trading firmly above US$60 per barrel, although they have taken a dive from the multi-year highs seen just a couple of months ago.

Corporate News 15 Mar 2018 | 4:00 AM

SC sees RM120b raised from capital market, above 5-year average of RM116b

PETALING JAYA: Fundraising through Malaysia's capital market is expected to reach RM120bil this year, down from RM146.6bil in 2017, which was an exceptional year for the country's capital market.

Stock on the Move 15 Mar 2018 | 1:50 AM

Consumer stocks burrow into the red

KUALA LUMPUR: Consumer stocks are on track to book its worst one-day decline as Nestle (M) Bhd fell RM14 in early trade.

Letters 15 Mar 2018 | 12:00 AM

Feeling the blues due to high cost of homes homes


Business 15 Mar 2018 | 12:00 AM

China home sales growth slows amid deleveraging drive

SHANGHAI: China home sales growth slowed in the first two months of this year, amid an almost two-year government campaign to cool the property market.

Business 15 Mar 2018 | 12:00 AM

Noble Group signs workout deal with 46% senior debt holders

HONG KONG: Noble Group Ltd has signed an agreement with a group of senior creditors to reorganise about US$3.5bil of debt, marking further progress in a deal that will halve the company’s debt and give creditors control of the embattled commodity trader.

Business 15 Mar 2018 | 12:00 AM

Xiamen Beibadao fined US$870mil for manipulating stock market

BEIJING: China slapped a company with fines totaling 5.5 billion yuan (US$870mil) for manipulating the stock market, the biggest ever punishment for such an infringement.

Corporate News 15 Mar 2018 | 12:00 AM

Nestle shares go through volatile trade

PETALING JAYA: Shares of Nestle (M) Bhd experienced volatile trade with an intraday swing of RM28.80 in its share price to close at RM141 in relative heavy volume for the consumer stock on Bursa Malaysia.