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Business 28 Jun 2012 | 12:00 AM

Boustead to buy stake in Johan Ceramics for RM29mil

PETALING JAYA: Boustead Holdings Bhd is acquiring a 97.14% stake in Johan Ceramics Bhd from Lembaga Tabung Angkatan Tentera (LTAT) for RM28.86mil cash or 35 sen each.

Business 27 Jun 2012 | 12:00 AM

Boustead buys LTAT's 97% stake in Johan Ceramics

Boustead Holdings Bhd is acquiring a 97.14% stake in Johan Ceramics Bhd from Lembaga Tabung Angkatan Tentera (LTAT) for RM28.86m cash or 35 sen each.

Business 27 Jun 2012 | 12:00 AM

Analysis: Global steel glut feeds trade skirmishes

NEW YORK/LONDON: Steel producers from around the world are trading allegations that rivals are dumping cheap metal on the market, threatening to trigger a series of mini-trade wars.

Business 27 Jun 2012 | 12:00 AM

Felda Global Ventures aiming to be among world's top five commodities giants

WITH a strong net cash position of RM3bil upon its listing, Felda Global Ventures Holdings Bhd (FGVH) is actively looking for more plantation asset acquisitions in the South-East Asian and African regions, as well as expansion of its downstream business with the aim of becoming amongst the world’s top five commodities giants by 2020.

Business 26 Jun 2012 | 12:00 AM

Ocado says trade disrupted by Jubilee celebrations

LONDON: British online supermarket Ocado said trade in its third quarter was disrupted by celebrations to mark Queen Elizabeth II's Diamond Jubilee as it posted a 4.5 percent rise in underlying first half earnings.

Business 26 Jun 2012 | 12:00 AM

Greek PM to miss summit

Athens: Illness means both Greece’s new prime minister and finance minister will miss an anxiously awaited summit of European leaders later this week and delayed a visit by the country’s international lenders.

Business 26 Jun 2012 | 12:00 AM

Singapore May inflation slows to 5%

SINGAPORE: Singapore’s inflation slowed to 5% in May from a year earlier and authorities cited moderating price pressures from wages and other business costs, indicating the central bank might have room to ease monetary policy slightly in October.

Business 25 Jun 2012 | 12:00 AM

CPO expected to be bullish this week

KUALA LUMPUR: The crude palm oil (CPO) futures market is expected to be bullish this week amid a gloomy global economic scenario.

Business 25 Jun 2012 | 12:00 AM

Asian currencies dip on EU fears, rupee rises on relief

Most Asian currencies fell on Monday, with market players reluctant to take on risk amid doubts that a European summit later this week will produce any concrete measures to stem the euro zone's sovereign debt crisis.

Business 23 Jun 2012 | 12:00 AM

Opportunities in adversity

DARAWATI Hussain, the attractive and unassuming chief executive officer of CIMB Private Equity is on the lookout for more acquisitions.