Business

Capital injection for MAS

By ZURAIMI ABDULLAH and BILQIS - Saturday, 30 August 2014.

STRICT CONDITIONS: Khazanah expects to recoup RM6b under recovery plan by 2020

Latest

KLIBOR ends untraded

Saturday, August 30, 2014 - 00:12

KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts ended untraded yesterday.

KLTM unchanged on technical correction

Saturday, August 30, 2014 - 00:12

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed unchanged from Thursday’s US$21,960 a tonne due to a technical correction, a dealer said.

Ringgit slips against US$

Saturday, August 30, 2014 - 00:11

KUALA LUMPUR: The ringgit closed lower against the US dollar today as investors continued with their interests on the greenback, dealers said.

Rubber mart ends lower

Saturday, August 30, 2014 - 00:10

KUALA LUMPUR: The local rubber market ended lower yesterday amid negative investor sentiment on the commodity prices, dealers said.

Gold futures end lower

Saturday, August 30, 2014 - 00:09

KUALA LUMPUR: Gold futures contracts on Bursa Malaysia Derivatives closed lower yesterday tracking the weakness on New York Commodity Exchange's (COMEX) gold futures that was traded lower at the end of Asian trading session.

CPO lower on bearish sentiments

Saturday, August 30, 2014 - 00:07

KUALA LUMPUR: Crude palm oil (CPO) futures prices fell yesterday amid overwhelming bearish sentiments in the market, a dealer said.

Brent rises to US$103

Saturday, August 30, 2014 - 00:06

LONDON: Brent crude oil rose towards $103 a barrel yesterday as escalating violence in Ukraine kept Europe's markets on edge, but prices remained on track for a monthly loss as ample supply and weak demand outweighed political concerns.

'Good opportunity for a new start'

Friday, August 29, 2014 - 23:54

KUALA LUMPUR: While some analysts are withholding their opinions on Malaysia Airlines' (MAS) recovery plan pending more information, others regard it as a positive move.

Indonesianops dent CIMB Q2 net

By MUHAMMED AHMAD HAMDANKUALA - Friday, August 29, 2014 - 23:50

CIMB Group Holdings Bhd announced yesterday net profit declined 9.9 per cent to RM950 million in the second quarter ended June 30, compared to a year ago, on a weak performance in Indonesia, and also named its head of investment banking as acting chief executive officer (CEO).

‘Gold-en time to purchase’

Friday, August 29, 2014 - 23:46

KUALA LUMPUR: Now is the perfect time to buy gold due to its stable prices as well as its future upside potential.

Sime’s Q4 earnings slip 9pc

Friday, August 29, 2014 - 23:46

KUALA LUMPUR: Sime Darby Bhd’s earnings slipped nine per cent to RM1.19 billion in the fourth quarter ended June 2014 from RM1.31 billion a year ago as the conglomerate braved challenges in the muted global economy.

Petronas awards 13 PIC contracts

Friday, August 29, 2014 - 23:45

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has awarded 13 major contracts and three letters of award for its massive Pengerang Integrated Complex (PIC) in Johor to local and international contractors.

Another Bakong-1 gas find

Friday, August 29, 2014 - 23:45

KUALA LUMPUR: SapuraKencana Energy (SKE) yesterday announced another gas discovery from Bakong-1, the fifth and final well in its drilling campaign within the SK408 Production Sharing Contract (PSC) area, offshore Malaysia, this year.

‘MAS NewCo should focus on the big picture’

By SHAREN KAURKUALA - Friday, August 29, 2014 - 23:44

THE new Malaysian Airlines (NewCo) should focus on Blue Ocean Strategy or Green Ocean Strategy to increase its chances for growth and the extent of its potential success.

Airline assures no service disruption

Friday, August 29, 2014 - 23:44

KUALA LUMPUR: Malaysia Airlines (MAS) assures that there will be no disruption to its current service during the implementation of its recovery plan.

2 unions to study proposalsand ensure welfare of staff

By ELVINA FERNANDEZ AND TEOH PEI YING - Friday, August 29, 2014 - 23:43

KUALA LUMPUR: The National Union of Flight Attendants Malaysia (NUFAM) will closely look into Khazanah Nasional Bhd’s proposals in the Malaysia Airlines (MAS) restructuring plan to ensure the welfare of its staff is not affected.