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Corporate News 27 Jun 2018 | 12:00 AM

Vincent Tan selling stake in T7 Global amid controversy over the ECRL project

PETALING JAYA: A month after emerging as a substantial shareholder in T7 Global Bhd, Tan Sri Vincent Tan has announced his plan to exit the offshore oilfield service provider in light of the recent controversy over the East Coast Rail Link (ECRL) project.

Markets 28 Feb 2019 | 12:21 AM

Global stock market resurgence to be short-lived, 2019 outlook cut

BENGALURU: Global stock markets in 2019 will at best only recoup losses from the deep sell-off late last year, according to equity market analysts in Reuters polls, who reckon the risk is skewed more towards a sharp fall by mid-year

Corporate News 05 Feb 2018 | 3:28 AM

S&P Ratings cautious of global corporates' high leverage

MELBOURNE : The recent rise in corporate profits and financial metrics won't be enough to offset the significant credit risk of high leverage levels among global corporates.

Business 02 Nov 2017 | 12:00 AM

T7 Global to raise RM15mil via private placement

PETALING JAYA: Oil and gas services provider T7 Global Bhd has proposed to raise a maximum of RM15.5mil via a private placement of up to 10% of its enlarged issued shares to help fund the company’s projects.

Business 28 Oct 2017 | 12:00 AM

Global economic outlook expected to remain favourable next year

THE outlook for global economic performance is expected to remain favourable in 2017 and 2018 with growth emanating from advanced, and emerging market and developing economies (EMDEs). Growth in advanced economies is supported by an upturn in the US, eurozone and Japan, following improved investments and exports.

Corporate News 13 Mar 2019 | 6:49 AM

UOBAM Malaysia launches first Shariah-compliant global balanced fund

KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd (UOBAM (Malaysia)) had on Wednesday launched the United-i Global Balanced Fund, its first Shariah-compliant global balanced fund.

Corporate News 18 Dec 2018 | 2:44 AM

Global investors regain some confidence in Malaysia after GE14: S&P Ratings

KUALA LUMPUR: Global investors have regained some confidence in Malaysia and its currency after the surprise victory of the Pakatan Harapan in the GE14 in May 2018, says S&P Global Ratings.

Economy 16 Oct 2018 | 4:31 AM

Global steel body hikes demand forecasts, but says risks remain

TOKYO: The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for growth in global demand for the material used in everything from cars to construction, but said that trade tensions were clouding the outlook for the sector.

Business 28 Jun 2018 | 12:00 AM

T7 Global: We have not got any job from ECRL project

PETALING JAYA: T7 Global Bhd says the company has not received any contracts from the East Coast Rail Link (ECRL) project.

Corporate News 27 Jun 2018 | 10:15 AM

T7 Global says Vincent Tan's exit won't impact business

KUALA LUMPUR: T7 Global Bhd says billionaire Tan Sri Vincent Tan Chee Yioun's decision to exit his investment in the oil and gas services provider will not have any impact on its business or financial performance.