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AseanPlus News

Hugging for India’s security

When Indian Prime Minister Narendra Modi hugged US President Barack Obama in New Delhi, it marked what could be the distant opening bell of a great geopolitical game.

World

Pakistan investigating Shell contractor's tanker blast that killed 209

ISLAMABAD (Reuters) - Pakistan's oil and gas regulator expects the first report this week in an investigation into a tanker explosion involving a Shell Pakistan contractor that killed 209 people, a spokesman for the regulatory authority said on Tuesday.

Business

Global shares stumble, oil steadies after flying start to second half

LONDON: World shares pulled back and bonds and gold regained favor on Tuesday as a long-range ballistic missile test by North Korea and July 4 holidays for U.S. markets dampened risk appetite

Economy

Fall in UK shop prices eases, food soars

LONDON: Overall prices in British shops fell in June at the slowest annual pace since November 2013, the British Retail Consortium (BRC) said on Wednesday, adding it expects rising inflation pressure soon to prompt outright price increases.

Business

Stake disposal to beef up Yinson’s cash position

PETALING JAYA: Oil and gas (O&G) services provider Yinson Holdings Bhd’s move to dispose of the 26% stake in a Ghana-based floating production, storage and offloading (FPSO) unit will strengthen the company’s cash position that can be used for expansion, analysts said.

Nation

A big fortune in forgotten cash

EXCLUSIVE: PETALING JAYA: More than RM327mil due to the beneficiaries of life insurance policies has not been claimed in the past five years.

Nation

How claimants can get back unclaimed monies

PETALING JAYA: Policyholders and beneficiaries whose rightful dues are with the Registrar of Unclaimed Money need not worry because they are still entitled to make claims.

Business

Lotte falls short of funding

PETALING JAYA: The Lotte Chemical Titan Holding Bhd initial public offering (IPO), which has had to be repriced at a lower value, will raise about RM2bil less from earlier expectations. Nevertheless, it is still the biggest public offering in the country since 2012

Business

IGB to present revised takeover bid to shareholders

PETALING JAYA: IGB Corp Bhd will present the revised terms of its takeover offer by Goldis Bhd to its shareholders for deliberation, before making a decision to take it private.

Community

Bank CEO to share tips on climbing the corporate ladder at talk

WHILE there might be many self-help books out there providing tips on climbing the corporate ladder, the most important lesson to learn is that there are no short cuts to success.