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KUALA LUMPUR (Reuters) - Budget carrier AirAsia Group Bhd has postponed its fourth-quarter earnings release by about a month, just as its closed Japan unit starts bankruptcy proceedings.
KUALA LUMPUR: AirAsia Group expects businessman and M&A specialist Stanley Choi Chiu Fai, who joined the low-cost carrier group as a strategic shareholder to add value to its digital business development in China.
KUALA LUMPUR: AirAsia Group Bhd said it has suffered a RM320mil hit arising from the closure of its associate company in Japan.
KUALA LUMPUR: AirAsia Group Bhd, which saw the emergence of Stanley Choi Chiu Fai as its new substantial shareholder, fell at midday.
AIRCRAFT manufacturers Airbus and Boeing are bracing for hefty jet order cancellations from troubled Norwegian Air amid restructuring proceedings, industry sources said.
KUALA LUMPUR: The FBM KLCI ended the day in negative territory as traders continued to take profits, marking a second straight day of losses.
KUALA LUMPUR: The FBM KLCI held on to its early lead as it entered the lunch break following a growth-inspired commodities rally.