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Banking 07 Nov 2017 | 12:00 AM

Westpac’s profit growth disappoints

SYDNEY: Westpac Banking Corp posted a lower than expected 3% rise in annual cash profit and a drop in profitability, with hesitant consumers and a tepid economy weighing on the growth prospects of Australia’s second biggest lender.

Corporate News 06 Nov 2017 | 10:46 PM

Oil surges to over two-year peak; Wall St. at record highs

NEW YORK: Oil prices surged to their highest since July 2015 on Monday as Saudi Arabia's crown prince cemented his power with a crackdown on corruption, while shares worldwide were little changed and key currencies stayed in tight ranges.

Corporate News 06 Nov 2017 | 5:55 AM

Qualcomm braces for US$100bil fight with Broadcom

SAN FRANCISCO: Qualcomm Inc is preparing to fend off an unsolicited US$100bil takeover bid from Broadcom Ltd, arguing it undervalues the company, people familiar with the plans said.

Corporate News 06 Nov 2017 | 12:00 AM

CIMB Foundation reaches out to wide range of causes

Over 700 community projects have taken place across the country

Smebiz 06 Nov 2017 | 12:00 AM

Opportunity in going organic

With consumers becoming more health conscious, Cliff Lee is expecting his organic products brand Biogreen to see double-digit growth per year.

Business 04 Nov 2017 | 12:00 AM

Range trading likely

REVIEW: Bursa Malaysia kicked off the week on a steadier platform, with the FBM KLCI advancing 1.78 points to 1,747.91 amid extended buying post-budget on “feel good” factor.

Business 04 Nov 2017 | 12:00 AM

Teva’s CEO is US$2.8bil down on his second day on the job

TEL AVIV: About 48 hours into his new job as CEO of Teva Pharmaceutical Industries Ltd, Kare Schultz is already US$2.8bil in the hole.

Telcos 04 Nov 2017 | 12:00 AM

Lundal to leave Maxis

CEO’s contract set to expire on March 31 next year

Business 04 Nov 2017 | 12:00 AM

Perstima down but not out

PERUSAHAAN Sadur Timah Malaysia (Perstima) Bhd which is the market leader in the Malaysian tinplate market, is now facing a gigantic challenge from the onslaught of cheaper imports from China.

Business 04 Nov 2017 | 12:00 AM Premium

Will there be an AirAsia deal on food with SATS?

THE AirAsia Bhd special dividend story is one that has been anticipated for sometime as the group looked to raise cash from the sale of non-core assets.