TOKYO: Fast Retailing Co Ltd and the operator of 7-Eleven convenience stores are planning a broad partnership this year that could turn 7-Eleven stores in Japan into pick-up spots for online purchases of Uniqlo clothing, a person familiar with the matter said.
KUALA LUMPUR: Bank Negara Malaysia (BNM) Governor, Tan Sri Dr Zeti Akhtar Aziz is in good health and did not suffer a heart attack as has been circulated on social media.
KUALA LUMPUR: Bursa Malaysia ended the morning session higher today following improved external sentiments, dealers said.
KUALA LUMPUR: International Trade and Industry Minister Datuk Seri Mustapa Mohamed has pledged to safeguard and uphold the core policies of Malaysia, including the interests of the Bumiputera community during the last leg of Trans Pacific Partnership talks.
TOKYO: Toshiba said Wednesday that 16 executives would take temporary pay cuts while another resigned in the wake of a billion dollar accounting scandal that has been blamed on management’s overzealous pursuit of profit.
KUALA LUMPUR: Bursa Malaysia ended the morning session almost flat today on lack of local market drivers amid weakness in the external environment, dealers said.
SINGAPORE: Oil prices fell in Asian trade on Wednesday as concerns over global oversupply outweighed the impact of a likely larger than expected draw in U.S. crude stocks and a weakening dollar.
KUALA LUMPUR: – The ringgit was slightly higher against the US dollar in early trade today on mild demand for the local note as some investors remained cautious on the greenback.
CYBERJAYA: Having developed an ecosystem of entrepreneurs on homeground, the Malaysian Global Innovation and Creativity Centre (MaGIC) is now going regional.
KUALA LUMPUR: – Tokyo-based Mitsui and Co Ltd has entered into a joint venture (JV) agreement with Nusajaya Tech Park Sdn Bhd to undertake a 10.7-hectare development, comprising build-to-suit (BTS) properties for lease in Iskandar Malaysia.
KUALA LUMPUR: – AmResearch has reaffirmed its ‘buy’ call on rubber manufacturer, Kossan Rubber Industries Bhd, with a target price of RM8.40 to reflect its upward revision of forecasts for financial years 2015 to 2016.
SINGAPORE: – Passenger traffic at Singapore’s Changi Airport increased 1.0 per cent in June 2015, with 4.70 million passengers passing through the airport.
KUALA LUMPUR: – AirAsia X Bhd is ready to team up with potential investors but only if the price is right, its acting chief executive officer, Benyamin Ismail said.
KUALA LUMPUR: – AirAsia X Bhd, the leading long-haul low-fare airline, will commence four times weekly direct flights from Kuala Lumpur to Sapporo, Japan from Oct 1.
KOTA KINABALU: There is no way AirAsia Bhd can continue with their expansion plans here if they shift operations to Kota Kinabalu International Airport (KKIA) Terminal 1.
KUALA LUMPUR: Standard & Poor's Ratings Services has maintained its positive sovereign rating outlook for Malaysia.
KUALA LUMPUR: The ringgit closed lower against the US dollar today, in line with most emerging Asian currencies, on cautious sentiment ahead of the US Federal Reserve’s policy meeting.
KUALA LUMPUR: China’s asset bubbles and its growth slowdown places Malaysian banks and those in Hong Kong, Singapore and India at risk in the coming 12 months, says Moody’s.
KUALA LUMPUR: Shares on Bursa Malaysia continued to trend lower at mid-afternoon today weighed down by losses in selected index-linked companies, dealers said.
BANGKOK: Thailand’s beleaguered national airline will suspend flights to the U.S. as part of efforts to end years of losses.
KUALA LUMPUR: AirAsia Bhd CEO Tony Fernandes said on Monday the company will recapitalise its Indonesian affiliate so that the unit can meet a rule set by the country’s transport ministry.
KUCHING: Weststar Aviation Services Sdn Bhd (WASSB) will use its first in the region AgustaWestland AW189 helicopter to transport offshore workers and goods for JX Nippon Oil & Gas Exploration Sdn Bhd.
KUALA LUMPUR: GOVERNMENT-linked companies (GLCs) have played a significant role in nation building and supporting the country’s economic growth with a total of RM63.5 billion taxes paid by the top 20 GLCs known as G20, from 2004 to 2014.
KUALA LUMPUR: – AIMS Group has secured the bid to acquire the data centre and network-related customer assets of Jaring Communications Sdn Bhd.
KUALA LUMPUR: – TAHPS Group Bhd’s shares rose in the morning session today after it unveiled plan to develop a 283-hectare township in Bukit Puchong, Selangor with a total gross development value of RM10 billion.
KUALA LUMPUR: – Bursa Malaysia was lower at mid-morning today in lacklustre trading, dealers said.
SINGAPORE: Oil prices rebounded in early Asian trade on Friday after settling at their lowest in months in the previous session as worries over the demand outlook and continued oversupply weighed on the market.
NEW YORK: At least two U.S. airlines have started hedging their fuel costs after a months-long hiatus. The early result: more losses.
KUALA LUMPUR: – The ringgit extended yesterday’s losses against the US dollar, in early trade this morning, due to lack of interest for the local note.
KUALA LUMPUR: Investors are increasingly studying the sustainability practices and policies of companies as a factor in their investment decisions, says a World Federation of Exchanges (WFE) survey.
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