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August exports exceed survey, boost from palm oil and semicon

KUALA LUMPUR: Malaysia's exports rose 1.5% to RM67.58bil in August from a year ago, exceeding economists' expectations of a decline of 2.3%, underpinned by higher exports of palm oil, and electrical and electronic (E&E) products including semiconductors.

Ahead of storm, U.S. planes, trains and trucks diverted, cancelled

CHICAGO (Reuters) - Hundreds of flights have been cancelled, Florida airports are being shuttered and train services suspended as Hurricane Matthew heads towards the U.S. southeastern coast, with passengers and goods likely to be stranded or delayed through Saturday.

PublicInvest Research retains Outperform on Tenaga

KUALA LUMPUR: Public Investment Bank Research is retaining its Outperform call on Tenaga Nasional with an unchanged target price of RM15.55 as Kapar Energy Ventures’ (KEV) losses are immaterial to the power giant’s overall net profit

DNC Asiatic eyes European market

KUCHING: Eight models of Malaysian-made Demak motorcycle and electric vehicles were showcased at the 2016 Intermot Motorcycle show in Cologne, Germany.

SJAM using high-performance bikes to tackle emergency cases

IN a bid to speed up medical aid to victims, St John Ambulance Malaysia (SJAM) Penang through its Emergency Medical Assistance Service (Emas) has launched its Rapid Response Vehicle (RRV) using two high-powered touring motorcycles.

It’s devastating to fail students at the final hurdle


Sime Darby and I & P make RM535.5mil property deals

KUALA LUMPUR: Sime Darby Bhd and I & P Group Sdn Bhd -- two companies that are ultimately owned by fund manager Permodalan Nasional Bhd -- are exchanging assets worth RM535.5mil in a bid to create a better strategic fit.

China golf out of the rough? PGA, club maker Honma bet on post-Olympic boom

HONG KONG (Reuters) - A year after China ordered public officials off the fairways in a crackdown on graft, the business of golf is betting hunger for the game among middle class fans and an Olympic medal for a home-grown star can drive the sport back to growth.

JF Apex Research fair value for BCM Alliance at 31 sen

KUALA LUMPUR: JF Apex Research has ascribed a fair value of 31 sen for BCM Alliance – which supplies equipment for the commercial laundry and medical devices -- which is 63% above its offer price of 19 sen.

Analysts have mixed views on Aeon Credit

PETALING JAYA: Despite keeping a strong loan growth momentum in a challenging landscape, analysts have mixed views on Aeon Credit Service (M) Bhd (ACSM), as they are wary on its debt-servicing ability.