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Property 27 Feb 2016 | 12:00 AM

Report: Petronas reviewing 2nd floating LNG project

STATE oil company Petroliam Nasional Bhd (Petronas) is reviewing its second floating liquefied natural gas development (PFLNG2) and is now in talks that could see the project suspended for at least two years, according to Upstream, an international oil and gas publication.

Business 27 Feb 2016 | 12:00 AM

Markets and macro under stress

THE news flow on macro data and financial markets since the beginning of the year is not for the faint-hearted.

Property 27 Feb 2016 | 12:00 AM

Capital flowing back to Malaysia

AFTER a dry spell, coupled with the hunger for better yields, the party in the dollar sukuk market could be starting again.

Property 27 Feb 2016 | 12:00 AM

Student accommodation investment hype in the UK

PURPOSE built student accommodation (PBSA) or student property in the UK is an attractive investment as it offers an annual net yield of between 7% and 9% after outgoings, says Cornerstone International Properties director Virata Thaivasigamony.

Business 26 Feb 2016 | 3:23 PM

Mitsubishi Motors eyes annual sales of 12,000 units

KUALA LUMPUR: Mitsubishi Motors Malaysia Sdn Bhd, the distributor of Mitsubishi vehicles in Malaysia, is aiming for sales of 12,000 vehicles in the coming financial year ending March 2017.

Corporate News 26 Feb 2016 | 10:48 AM

KLCI snaps 2 day losses, CIMB, Genting, Sime advance

KUALA LUMPUR: Blue chips snapped their two straight days of losses on Friday, underpinned by fund buying of key stocks including CIMB, Genting Bhd and Sime Darby as sentiment improved in line with key markets and a recovery in crude oil prices.

Corporate News 26 Feb 2016 | 4:56 AM

CIMB, Sime Darby lift KLCI but Maybank slumps

KUALA LUMPUR: Fund buying of CIMB and Sime Darby pushed the FBM KLCI more than four points at midday on Friday but weighing down the index were Maybank and Petronas Chemicals.

Forex 25 Feb 2016 | 10:38 AM

Petronas stocks, plantations send KLCI down 6 points

KUALA LUMPUR: Selling pressure on Petronas linked stocks and plantations in the late afternoon on Thursday sent the FBM KLCI again into the red as sentiment took a hit from the fall in crude oil prices and tumble in China markets.

Forex 25 Feb 2016 | 5:00 AM

Blue chips lose traction as Petronas Chemicals slips

KUALA LUMPUR: Key Asian markets were mostly lower at midday, dragged down by losses in China while at Bursa Malaysia, blue chips lost traction, weighed down by Petronas Chemicals.

Banking 25 Feb 2016 | 12:00 AM

Asia-Pacific borrowers warned of rising refinance risks

HONG KONG: Credit conditions for Asia-Pacific borrowers could become less favourable in the coming years, raising refinancing risk as weak commodities and slow growth take their toll against the backdrop of a strong dollar, rating agency Standard & Poor’s warned.