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Business 30 Jul 2015 | 6:42 AM

Toshiba scandal puts focus on Japan's cut-price company audits

HONG KONG: Toshiba Corp's years-long practice of inflating its profits has raised questions among accounting experts about whether low fees paid by Japan-listed companies to their auditors mean they do not spend enough time scrutinizing company accounts.

Nation 30 Jul 2015 | 12:00 AM

MalaysiaKini stands by Raub gold mine reports, court told

KUALA LUMPUR: MalaysiaKini stands by its articles on the Raub gold mine controversy, even though it lacked a scientific basis or confirmation by regulatory bodies, its editor-in-chief told the High Court here.

Business 30 Jul 2015 | 12:00 AM

Nirvana ventures into Vietnam to acquire cemetery operator

KUALA LUMPUR: Hong Kong-listed Nirvana Asia Ltd has entered into an agreement to acquire a cemetery operator in Vietnam, marking its first foray into the country.

Football 29 Jul 2015 | 11:47 PM

Szczesny moves from Arsenal to AS Roma

ROME (Reuters) - Arsenal's Polish international goalkeeper Wojciech Szczesny has joined Serie A side AS Roma on loan for the season, both clubs said on Wednesday.

Business 29 Jul 2015 | 6:33 PM

Power bonds account for 39% of RM239b infra issues: RAM

KUALA LUMPUR: Bonds issued by the power generating companies account for 39% of Malaysia’s RM239bil of infrastructure bond issues in the last decade, says RAM Rating Services.

Business 29 Jul 2015 | 12:49 PM

Mustapa urges Malaysians to keep open mind on TPPA

KUALA LUMPUR: The Minister of International Trade and Industry (MITI) has urged all Malaysians to keep an open mind on the Trans Pacific Partnership Agreement (TPPA).

Business 29 Jul 2015 | 12:00 AM

China regulator probes share dumping

SHANGHAI: The China Securities and Regulatory Commmission (CSRC) said it is investigating share dumping incidents on Monday, when Chinese markets suffered their worst single-day plunge in more than eight years.

Business 29 Jul 2015 | 12:00 AM

Key catalysts for growth of power bonds

PETALING JAYA: A supportive regulatory environment, robust power purchase agreements (PPAs) and strong sponsors as well as counterparties are key catalysts that have supported the growth of power bonds in the country, according to RAM Ratings.

Business 29 Jul 2015 | 12:00 AM

MAHB rules out suggestions to shift back to LCCT

PETALING JAYA: Maintenance works at the KL International Airport 2 (KLIA2) is on-going, according to Malaysia Airports Holdings Bhd (MAHB), but is expected to ‘taper off’ to a minimum level over the next five years. MAHB also ruled out the suggestion to move back to the Low Cost Carrier Terminal (LCCT).

Business 28 Jul 2015 | 10:00 PM

AirAsia hires Credit Suisse, CIMB for bond issue at associates - sources

SINGAPORE/KUALA LUMPUR: AirAsia Bhd has hired investment banks Credit Suisse and CIMB to help the Malaysia-based budget airline raise at least US$200mil (RM762.8mil) in convertible bonds at its Indonesian and Philippine associates, people familiar with the deal said.