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Business 09 Mar 2019 | 12:00 AM Premium

Global Forex Market

THE dollar inched up 1.02% to 97.7 partly due to the resurgence of concerns on global slowdown and the better-than-expected economic release. As the trade talks between the United States and China seem to be stalled, positive economic releases for the week pushed the dollar close to the 97 level.

Business 01 Oct 2014 | 12:00 AM Premium

Sime Darby quits buying stake in New Britain Palm Oil

PETALING JAYA: Sime Darby Bhd has walked away from buying a stake in New Britain Palm Oil Ltd (NBPOL) after the exclusivity period to conclude the deal ended.

Business 02 Aug 2014 | 12:00 AM Premium

Sime Darby has 60 days to buy NBPOL

Will Sime Darby be pleasing to the PNG government for the NBPOL deal to go through?

Business 12 Jul 2014 | 12:00 AM Premium

Analysing the divisions

Sime Darby Bhd is a giant of a company but the bulk of its earnings comes from its plantation division.

Business 09 Jul 2014 | 12:00 AM Premium

Felda Global needs NBPOL the most

PETALING JAYA: It will be a very close fight among plantation giants Wilmar International Ltd, Sime Darby Bhd and Felda Global Ventures Holdings Bhd (FGV) in their bid to acquire a 49% stake in New Britain Palm Oil Ltd (NBPOL) worth RM3bil, according to industry experts.

Business 20 Jun 2014 | 12:00 AM Premium

Seven, including four Malaysians, set sights on NBPOL

PETALING JAYA: The race to acquire a major stake in New Britain Palm Oil Ltd (NBPOL) has further intensified, with seven parties expressing interest, including four Malaysian plantation giants.

Business 08 May 2014 | 8:20 AM Premium

S'pore Woodfibre LNG, British Columbia sign gas proposal 2 days after Petronas deal

VANCOUVER: Singapore-based Woodfibre LNG signed a letter of intent on Wednesday with the province of British Columbia, advancing the company's goal of making its first liquified natural gas shipments to Asia by early 2017. The letter of intent comes just two days after Premier Christy Clark signed a similar deal with Malaysia's Petronas

Business 26 Aug 2013 | 6:00 AM Premium

United Plantations gets the best out of people and palm fruit

What does it take to get the best out of people and palm fruit in a plantation? One company shows the way.

Business 07 Sep 2009 | 12:00 AM Premium

Kuwait fund: No plans to sell Citi, Merrill stakes

DUBAI: Kuwait's sovereign wealth fund said Sunday that it has no plans to sell stakes in Citigroup Inc. and Merrill Lynch Co. because it has faith in the potential of the U.S. banks.

Business 09 Jun 2009 | 12:00 AM Premium

Obama disappointed with economic progress, wants to speed up stimulus plans

WASHINGTON: President Barack Obama assured the nation his recovery plan was on track Monday, scrambling to calm Americans unnerved by unemployment rates still persistently rising nearly four months after he signed the biggest economic stimulus in history.