PARIS: French carmaker Renault on Wednesday said it would cut chief executive Carlos Ghosn’s pay after a spat with shareholders that saw the government threaten to change the law.
KUALA LUMPUR: The ringgit rebounded from yesterday’s decline to open higher against the US dollar today on mild buying interest, dealers said.
Kuala Lumpur: Sime Darby Plantation Sdn Bhd has resumed operations at its Ulu Remis Palm Oil Mill in Johor.
KUALA LUMPUR: The government welcomes suggestions concerning tax incentives on how best to facilitate more manufacturers to automate and embrace the fourth industrial revolution, said Second Minister of International Trade and Industry Datuk Seri Ong Ka Chuan.
PUTRAJAYA: Malaysia Airlines Bhd (MAS) has announced a deal for 50 Boeing B737 MAX with 25 firm orders and 25 purchase rights worth US$5.5 billion at current list prices.
PUTRAJAYA: Malaysia Airlines Bhd has announced a deal for 50 Boeing B737 MAX with 25 firm orders and 25 purchase rights worth US$5.5 billion at current list prices.
TOKYO: The yen fell sharply Wednesday in response to a report that Japan’s government will unveil a massive 27 trillion yen stimulus package to boost the stumbling economy.
SAN FRANCISCO: Twitter’s shares fell hard Tuesday after its quarterly update showed more losses for the struggling social media platform, which has seen sluggish growth in revenues and active users.
KUALA LUMPUR: The government may introduce a stimulus package to bolster the national economy and is looking at specific areas, says Second Finance Minister Datuk Johari Abdul Ghani.
KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today on mild interest in the currency as investors remained cautious over the upcoming US Federal Reserve meeting, dealers said.
SEOUL: South Korea’s LG Display Co Ltd said on Wednesday it will invest 1.99 trillion won (US$1.75 billion) to boost capacity for flexible organic light-emitting diode (OLED) displays, its latest attempt to meet growing demand from mobile device makers.
SOME 680,000 homes in Bouchain, northern France, is powered by the world’s most efficient combined-cycle power plant.
BANTING: DNC Asiatic Holdings Sdn Bhd is using its new RM43 million manufacturing plant in Olak Lempit near Banting as Demak's distribution hub for market expansion into emerging economies in Southeast Asia.
MALACCA: Proton Holdings Bhd will launch three brand new models back-to-back as early as next month as it seeks to bolster sales and arrest declining market share.
PETALING JAYA: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is at risk of cannibalisation within its own ranks, but this, according to its president and chief executive officer, Datuk Aminar Rashid Salleh is a good thing.
KUALA LUMPUR: AirAsia Bhd has expressed surprise over the Competition Commission of Malaysia’s (MyCC) decision to appeal to the High Court in Kuala Lumpur to reinstate fines against AirAsia and Malaysia Airlines Bhd (MAS).
KUALA LUMPUR: The economy will be in better shape in the second half of the year and is expected to register a stronger gross domestic product growth of between 4.2 and 4.5 per cent, said Asian Strategy and Leadership Institute (Asli) chief executive officer (CEO) Tan Sri Dr Michael Yeoh.
KUALA LUMPUR: The ringgit was lower against the US dollar in early trade today as more investors shifted to safe haven currencies on a bullish outlook over the upcoming US Federal Reserve meeting, said a dealer.
KUALA LUMPUR: Bursa Malaysia Bhd posted a higher total revenue of RM263.7 million in the first half of 2016 compared to RM254.1 million registered in the same period last year.
KUALA LUMPUR: Bank Islam Malaysia Bhd is still on track to meet all its targets this year despite the ongoing challenging economic climate, as well as the surprise reduction in the overnight policy rate (OPR) last week.
KUALA LUMPUR: The economy will be in better shape in the second half of the year and will register stronger growth, said Asian Strategy & Leadership Institute (ASLI) CEO Tan Sri Dr Michael Yeoh.
KUALA LUMPUR: Malaysia's timber exports are likely to hold up at RM22 billion as global demand remain stable.
KUALA LUMPUR: General Insurance Corp of India (GIC Re) chairman and managing director Alice G. Vaidyan is excited about this year’s edition of Rendez Vous de Septembre international insurance and reinsurance congress in Monte Carlo, Monaco.
KUALA LUMPUR: The ringgit opened lower against the greenback today as traders’ risk appetite continued to support the US currency and assets.
PARIS: Five years ago Christine Lagarde burst through the glass ceiling at one of the world’s leading institutions, becoming the first woman to head the International Monetary Fund.
KUALA LUMPUR: The ringgit opened lower against the US dollar on the last trading day of the week tracking the weaker Bursa Malaysia performance.
KUALA LUMPUR: Debt has risen in the Asia Pacific region and emerging markets like Malaysia, Taiwan, Vietnam and Thailand have recorded large increases in debt.
SEPANG: Malaysia Airports Holdings Bhd (MAHB) is beefing up security in all its airports in Malaysia as well as the Sabiha Gokcęn International Airport (Sabiha Airport) in Istanbul, Turkey.
KUALA LUMPUR: Hong Leong Assurance has been awarded the Domestic Life Insurer of the Year by Asian Banking and Finance’s inaugural Insurance Asia Awards 2016.
KUALA LUMPUR: Malindo Air has teamed up with Qatar Airways to offer seamless connectivity for passengers when travelling between ASEAN and more than 100 destinations in Qatar Airways’ network.
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