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Business 22 Jun 2012 | 12:00 AM

Ideal Jacobs seeks new markets for China facilities

PETALING JAYA: Ideal Jacobs (M) Corp Bhd is looking to expand the domestic and export markets of its production facilities in Xiamen and Suzhou, China, to meet the rising demand from existing and new customers.

Business 22 Jun 2012 | 12:00 AM

Hong Leong Bank completes RM1.5b notes issuance, coupon rate 4.5%

Hong Leong Bank Bhd completed its issuance of tier 2 subordinated notes of RM1.5bil on Friday.

Business 22 Jun 2012 | 12:00 AM

Sunway division inks partnership

PETALING JAYA: Sunway Group’s building materials division, Sunway Spun Pile (Zhuhai) Co Ltd, has inked a memorandum of agreement with spun pile manufacturer Concrete Engineering Products Bhd to strengthen their combined market presence in Asia.

Business 22 Jun 2012 | 12:00 AM

NZ economy surges in Q1, rates seen on hold

WELLINGTON: New Zealand’s economy unexpectedly grew at the fastest pace in five years in the March quarter on food and milk production, sending the currency higher but still giving the central bank time to sit on record low rates because of tame inflation.

Business 22 Jun 2012 | 12:00 AM

AP Land and partner to build more than 14,000 homes for ex-soldiers

KUALA LUMPUR: AP Land Development Sdn Bhd and its South Korean joint-venture partner Taeseung Construction Co Ltd will build 14,000 landed homes with total gross development values of RM2bil for ex-military servicemen.

Business 21 Jun 2012 | 12:00 AM

Fed ramps up economic stimulus, ready to do more

WASHINGTON: The U.S. Federal Reserve on Wednesday delivered another round of monetary stimulus and said it was ready to do even more to help an increasingly fragile U.S. economic recovery.

Business 21 Jun 2012 | 12:00 AM

MBM to wait and see

SHAH ALAM: MBM Resources Bhd is waiting for the revised National Automotive Policy (NAP) to be announced before making decisions on its planned vehicle assembly business.

Business 21 Jun 2012 | 12:00 AM

Huadian Fuxin of China prices share offering at bottom

HONG KONG: China’s Huadian Fuxin Energy Corp raised about US$319mil in a Hong Kong initial public offering (IPO), pricing the city’s second biggest offering of the year at the bottom of the indicative range as investors remain wary of new listings.

Business 21 Jun 2012 | 12:00 AM

Nestle will continue to impress

ANALYST REPORTS

Business 21 Jun 2012 | 12:00 AM

Support Line

On IOI Corporation, Kimlun Corporation and WTK Holdings