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Banking 07 Jun 2017 | 12:43 AM

AmInvest Research lowers CIMB Group to Hold after share price rally

KUALA LUMPUR: AmInvestment Research has downgraded is call on CIMB Group Holdings, to Hold from Buy, after the strong-run up in share price.

Banking 18 Jan 2018 | 9:38 AM

CIMB commences brokerage JV with China Galaxy Securities

KUALA LUMPUR: CIMB Group Holdings Bhd has completed the sale of 50% interest in CIMB Securities International Pte Ltd (CSI) to China Galaxy Securities Co Ltd (CGS).

Corporate News 19 Jan 2018 | 12:00 AM

CIMB completes stake sale of CIMB Securities to China Galaxy

PETALING JAYA: CIMB Group Holdings Bhd and China Galaxy Securities Co Ltd (CGS) have completed the sale and purchase of 50% interest in CIMB Securities International Pte Ltd.

Corporate News 22 Feb 2018 | 12:00 AM

PetChem earnings forecast raised

Analysts upgrade earnings outlookfollowing results that beat expectations

Commodities 24 Feb 2018 | 12:00 AM

Soft CPO prices boost M&As in plantation sector

THE softening in crude palm oil (CPO) prices has increased the appetite for merger and acquisition (M&A) exercises among the local plantation companies.

Business 17 May 2018 | 12:00 AM

Hong Kong’s record US$3.2bil land sale shows rate fear is benign

HONG KONG: Sun Hung Kai Properties Ltd’s record HK$25.2bil (US$3.2bil) purchase of a coveted plot near Hong Kong’s former airport signals that the city’s developers are brushing off concern that expected rate increases will damp the red-hot housing market.

World 18 May 2018 | 5:01 PM

Snail cream, smelly fruit: Thai cosmetics, food firms tap into Chinese tourism boom

BANGKOK (Reuters) - The label on the pink and white box of face cream sold in a Bangkok hypermarket proudly declares that it is based on a "snail secretion filtrate moisture system". The Snail White branding - plus some positive internet reviews - is enough to have Chinese tourists recently lining up to buy the slime-infused product.

Property 23 May 2018 | 12:00 AM

Sunway poised to achieve its sales target

PETALING JAYA: Sunway Bhd, which is targeting sales of RM1.3bil for its property segment this year, is off to a good start following solid first quarter earnings.

Stock on the Move 07 Jun 2018 | 2:05 AM

TM shares unaffected by group CEO resignation; up 8% in early trade

KUALA LUMPUR: Stock prices for Telekom Malaysia Bhd (TM) jumped Thursday morning following the resignation of its group CEO Datuk Seri Shazalli Ramly.

AseanPlus News 10 Jun 2018 | 12:00 AM

Cashing in on Trump-Kim mania

SINGAPORE: From summit-­themed burgers and online scalpers peddling “World Peace” medallions and “Peace Out from Lion City” T-shirts, Singaporeans are cashing in on a historic meeting between US President Donald Trump and North Korea’s Kim Jong-un.