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KUALA LUMPUR: Barakah Offshore Petroleum Bhd’s unit, PBJV Group Sdn Bhd (PBJV), has secured a contract from Petronas Carigali Sdn Bhd to provide underwater services for oil and gas fields in East Malaysia.
KUALA LUMPUR: Special-purpose acquisition company (SPAC) Reach Energy Bhd has received the approval of the Securities Commission (SC) for its proposed qualifying acquisition (QA).
SINGAPORE: Crude prices edged lower on Thursday as brimming U.S. and Asian fuel inventories returned investors' attention to a large global supply overhang, cutting short a price rally and restricting Brent crude futures to below the $50 a barrel mark
KUALA LUMPUR: CIMB Research said RHB Bank Bhd remained an “add” and its top pick for the sector despite the weaker-than-expected second quarter 2016 results.
TOKYO: Asian stocks slipped on Thursday, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at the global central bankers' meeting.
KUALA LUMPUR: Telekom Malaysia Berhad (TM) and the Aspen Group have signed a collaboration agreement to facilitate the deployment of smart city services at the Aspen Vision City property development in Batu Kawan, Penang.
HONG KONG: PetroChina Co, the country’s biggest oil and gas producer, posted its smallest half-year profit since it was publicly listed in 2000 as the crash in oil prices continues to drag on earnings.
KUALA LUMPUR: RHB Banking group has denied that its asset management arm sold down certain stocks last week and that there was an external investigation on the matter over alleged irregularities with regards to its investment decisions.
JOHOR BARU: The Johor state government has expressed its deepest sadness and conveyed its condolence to the family of former Singapore president S R Nathan following his passing away on Monday.
HONG KONG: Cnooc Ltd posted its first-ever half-year loss as crude’s plunge and writedowns on assets, including Canadian oil sands, destroyed profit at China’s biggest offshore oil and gas producer.