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Business 08 Jan 2014 | 8:38 AM

Trading ideas: MMC Corp, My EG, UOA Devt, MTD ACPI

KUALA LUMPUR: JF Apex Research expects MMC Corp, MyEG Services, UOA Development and MTD ACPI to see trading interest on Wednesday amid fresh corporate news.

Business 08 Jan 2014 | 12:00 AM

Economist says good governance, transparency vital for Malaysia's economy

KUALA LUMPUR: Good governance and transparency are keys to propelling Malaysia’s economy to a higher level, says renowned economist Tan Sri Dr Sulaiman Mahbob.

Business 09 Jan 2014 | 6:45 AM

New York Comptroller questions AT&T surveillance report plan

BOSTON: A plan by AT&T Inc to explain how it shares some customer information with government agencies may not be enough to restore public trust, an attorney for New York State Comptroller Thomas DiNapoli told securities regulators in a letter provided to Reuters on Wednesday.

Business 09 Jan 2014 | 12:00 AM

Tiger air sells Philippine business

MANILA: Singapore’s Tigerair is selling its Philippine business to Cebu Pacific, the archipelago’s biggest airline, leaving just three main players in a market flush with planes but thin on passengers.

Business 09 Jan 2014 | 12:00 AM

Ping An Bank boosts capital with US$2.4bil share sale

SHANGHAI: China’s Ping An Bank Co Ltd has raised 14.73 billion yuan (US$2.43bil) by selling stock to its main shareholder, becoming the latest lender to raise funds to meet new banking standards and to absorb an expected rise in bad loans.

Economy 17 Jan 2014 | 7:01 AM

US data points to firming job market, inflation tame

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell for the second consecutive week last week, suggesting a sharp step-down in job growth in December was likely to be temporary.

Business 17 Jan 2014 | 6:45 AM

Dow, S&P 500 end down; bond trading bites bank profits

NEW YORK: The Dow and S&P 500 slipped on Thursday, with the S&P retreating from the previous session's record high, after earnings from Goldman Sachs and other banks disappointed investors.

Banking 17 Jan 2014 | 12:00 AM

RHB Bank plans 3-fold expansion in Singapore

SINGAPORE: RHB Bank plans a three-fold expansion of its Singapore business within the next three years by focusing on business banking as well as corporate and investment banking.

Business 28 Jan 2014 | 9:48 AM

RHB Research maintains Buy on Hua Yang, lower FV

KUALA LUMPUR: RHB Research has maintained its Buy call on Hua Yang with a revised fair value of RM2.40 from RM2.76 after lowering its net margin assumptions for some of the group’s projects.

Business 28 Jan 2014 | 10:56 AM

Tenaga, TM, Maybank power KLCI’s rebound

KUALA LUMPUR: Malaysia’s FBM KLCI was firmer in Tuesday’s late morning trade, as the mild rebound was underpinned by some fund buying of heavyweights Tenaga Nasional, TM and Maybank.