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Business 08 Apr 2019 | 8:45 AM Premium

Moody's: GentingM, GentingS capital spending can be met by existing cash flow

KUALA LUMPUR: Moody's Investors Service expects the increase in capital spending at Genting Bhd's key subsidiaries -- Genting Malaysia and Genting Singapore, can be met by their existing cash and operating cash flows.

Forex 07 Aug 2018 | 4:50 AM Premium

Ringgit falls to 2018 low as Asia currencies weaken

KUALA LUMPUR: Ringgit declined to its lowest level this year on Tuesday as most Asian emerging markets currencies trade weaker amid concerns over an intensifying US-China trade war and following the dollar’s advance overnight.

Corporate News 07 Aug 2018 | 4:32 AM Premium

Jho Low demands info from US on super yacht's fate

EMBATTLED financier Jho Low is asking the US to declare what it knows about the transfer of a US$250mil super yacht to Malaysia from Indonesia.

Business 26 Apr 2012 | 12:00 AM Premium

Rich Asians go sailing in style

SINGAPORE: The newly wealthy in Asia think nothing of spending big money on a big boat for prestige and fun but the region’s nascent yachting class may have trouble finding a berth in overcrowded marinas.

Business 05 Jul 2008 | 12:00 AM Premium

No sticker shock here for wealthy buyers: tens of millions for `super yachts'

NEW ORLEANS (AP) - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.