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Corporate News 14 Feb 2018 | 12:00 AM

Ranhill to expand overseas business to boost growth

KUALA LUMPUR: Ranhill Holdings Bhd has started talks to expand its water treatment and electricity generation business overseas to boost growth, as earnings surged in the fourth quarter ended Dec 31.

Corporate News 14 Feb 2018 | 12:00 AM

Mobile cellular penetration reaches 131.8%

CYBERJAYA: Mobile cellular penetration in Malaysia has reached 131.8% while smartphone penetration stood at 70% in the third quarter of last year (3Q17).

Support Line 14 Feb 2018 | 12:00 AM Premium

Tomei Consolidated

Rising out of the descending trend

Opinion 14 Feb 2018 | 12:00 AM

A bountiful new year

Chinese New Year’s eve will be upon us tomorrow. At this moment, Malaysians celebrating the festival will be making last minute preparations or travelling home for the reunion dinner to usher in the big day.

Corporate News 14 Feb 2018 | 12:00 AM

MISC expects another choppy year for O&G shipping industry

PETALING JAYA: MISC Bhd, which posted an 87% drop in net profit year-on-year for its fourth quarter ended Dec 31 due to higher impairment loss, is expecting another choppy year for the oil and gas (O&G) shipping industry.

Commodities 14 Feb 2018 | 12:00 AM

CPO export tax suspension eases pressure on stockpile

PETALING JAYA: Malaysia’s high palm oil stockpile level has finally come off from its recent record, thanks to the Government’s temporary suspension on crude palm oil (CPO) export taxes effective Jan 8 which boosted exports, say analysts. End-January 2018 palm oil stocks declined for the first time in seven months.

Corporate News 14 Feb 2018 | 12:00 AM

The ‘Goldilocks market’ is over: Lessons from stock sell-off

SINGAPORE: Calm pervaded equity markets, with indexes in Asia following US gauges higher and a measure of Japanese stock volatility plunging as much as 36%.

Corporate News 14 Feb 2018 | 12:00 AM

Treasury yields seen rising to 3.5%

SINGAPORE: Treasury 10-year yields will rise as high as 3.5% in the next six months as the market prices in a steeper pace of Federal Reserve tightening, according to Goldman Sachs Asset Management.

Corporate News 13 Feb 2018 | 11:03 PM

Market volatility, budget deficits pose test for US Fed's new chief

DAYTON, Ohio: When the Federal Reserve's policy meeting ended last month, U.S. stock indexes were near record highs, market volatility was almost non-existent and policymakers chatted about the calm waters welcoming incoming central bank chief Jerome Powell.

Corporate News 13 Feb 2018 | 12:34 PM

E&O to focus on selling down inventory, as profits drop

KUALA LUMPUR: Eastern & Oriental Bhd expects the overall property market to remain soft, as the developer posted a 30% drop in earnings for the third quarter ended Dec 31.