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Fitch expects Petronas capex to remain around RM50b a year
KUALA LUMPUR: Fitch Ratings expects Petroliam Nasional Bhd's (Petronas) capital expenditure (capex) to remain around RM50bil a year over the medium term, driven by upstream investments.
Singapore Grand Prix organisers stock up on anti-smog masks
SINGAPORE (Reuters) - Singapore Grand Prix organisers are stocking up on disposable face masks to potentially sell to spectators as the worst air pollution in three years threatens to taint the city-state's marquee sports event.
Three detained in raid against illegal sale of subsidised LPG
KUALA LUMPUR: A total of 4,632kg subsidised liquefied petroleum gas (LPG) was seized following a raid at a premises in Bukit OUG Industrial Business Park here.
Tuvalu changes PM, adds to concerns over backing for Taiwan in Pacific
(Reuters) - Parliament in the tiny South Pacific country of Tuvalu elected a new prime minister on Thursday, making a change that analysts say could give China a chance to further undermine Taiwan in a region that has been a pillar of support.
French auctioneer defies Mexico with sale of pre-Columbian artefacts
PARIS (Reuters) - French auction house Millon denied accusations by the Mexican government that a sale of dozens of pre-Columbian artefacts was illegal and proceeded with an auction on Wednesday.
Huawei woos tech world with US$1.5bil and 5G secrets
BEIJING: Huawei Technologies Co is offering up its most valuable 5G secrets and US$1.5bil to software developers, courting the global tech community at a time the United States is heightening scrutiny of the Chinese giant.
Saudi market regulator in talks with Aramco on IPO rules
RIYADH (Reuters) - Saudi Arabia's Capital Market Authority (CMA) is in talks with Saudi Aramco and its advisers about the regulatory requirements for listing on the domestic stock exchange, its chairman Mohammed bin Abdullah Elkuwaiz told Reuters.
MyKad sale: Defence team objects to transferring case to High Court
GEORGE TOWN (Bernama): The defence team for six individuals, including the Penang National Registration Department (NRD) assistant director, who are facing 32 charges in connection with the issuance and sale of MyKad to foreigners submitted its objection to transferring the case to the High Court on Wednesday (Sept 18).
AME Elite Consortium to issue 85.4m new shares under IPO
KUALA LUMPUR: Industrial space solutions provider AME Elite Consortium Bhd is issuing 85.4 million new shares to the public under its proposed listing on the Main Market of Bursa Malaysia Securities.
Huawei dangles US$1.5b in hunt for global developers
BEIJING: Huawei Technologies Co. is offering US$1.5bil to partners willing to build software for its future chip and computing platforms, courting developers worldwide at a time the US is heightening scrutiny of the Chinese tech giant.