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TECH

Robot mail delivery trucks developed in Detroit ready for China, US

Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: revolutionise mail and package delivery.

World

Nigeria's Buhari says government is committed to free, fair and peaceful election

ABUJA (Reuters) - Nigeria's government is committed to ensuring that Saturday's presidential election will be free, fair and peaceful, President Muhammadu Buhari said in a televised address on Thursday.

Business

Quick take: Carlsberg shares up after profits beat expectations, record dividend

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd’s shares soared Friday after its latest financial results topped expectations coupled with record RM1 dividend.

Business

Asian stocks slip after grim US retail sales data

TOKYO: Asian stocks slipped on Friday after grim U.S. retail sales figures raised fresh doubts about the strength of the U.S. economy, offsetting optimism on trade talks between the United States and China.

Business

Premium beers way forward for Carlsberg, says CIMB Research

KUALA LUMPUR: CIMB Equities Research sees premium beers as the way forward for Carlsberg Brewery (M) Bhd and raised the target price from RM20.20 to RM24.30 after the release of its better-than-expected FY18 results.

Economy

Singapore Q4 GDP growth at 2-year low, warning for manufacturing

SINGAPORE: Singapore's economy grew at its slowest pace in more than two years in the fourth quarter, data showed on Friday, as the trade ministry warned manufacturing is likely to see a "significant moderation" this year.

Business

Gas Malaysia FY18 core earnings below forecast, says CIMB Research

KUALA LUMPUR: Gas Malaysia’s FY18 core net profit came in below expectations, at 93% of CIMB Equities Research and Bloomberg consensus estimates due to lower-than-expected gross margin.

Analyst Reports

Dialog earnings to be driven by capacity expansions in Pengerang says RHB

KUALA LUMPUR: RHB research remains bullish on Dialog Group Bhd for its defensive earnings base, anchored by a diversified portfolio of recurring earnings sources.

Business

Instil investor confidence, urges Wahid

KUALA LUMPUR: Ensuring investor confidence in the Malaysian economy and its potential growth is crucial for the country to sustain its growth momentum, going forward, said Tan Sri Abdul Wahid Omar, chairman of the board of directors, Universiti Kebangsaan Malaysia.

Business

Maybank Indonesia posts record profit

PETALING JAYA: Maybank Indonesia has recorded a new high of 2.2 trillion rupiah (RM635.93mil) in its profit after tax and minority interests (Patami) for the financial year ended Dec 31, 2018.