Business

Multi-million dollar Hollywood film to be shot in Pinewood Studios next year

Thursday, 27 November 2014.

BEIJING: Pinewood Iskandar Malaysia Studios is poised to be the next shooting destination of a multi-million dollar Hollywood film next year.

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KL shares end lower with regional marts

Thursday, November 27, 2014 - 19:01

KUALA LUMPUR: Shares on Bursa Malaysia closed lower Thursday on profit-taking after three straight days of gains and taking the cue from regional markets amid the fall in oil prices, dealers said.

Protasco shareholders remove its two directors

Thursday, November 27, 2014 - 17:56

KUALA LUMPUR: Protasco Bhd's shareholders have removed directors Tey Por Yee and Ooi Kock Aun.

Emerging stocks rise as Samsung rallies while energy shares drop

Thursday, November 27, 2014 - 15:30

HANOI: Emerging-market stocks rose to a four-week high as Samsung Electronics Co. rallied on a share buyback and investors bet China is loosening monetary policy further. Energy-related shares declined with oil.

Mazda assembler Berjaya Auto jumps on higher dividend plan

Thursday, November 27, 2014 - 15:21

KUALA LUMPUR: Berjaya Auto Bhd, the distributor and assembler for Mazda Motor Corp vehicles in Malaysia, plans to raise dividends this year and double sales within three years with new models. The stock rose the most in two weeks.

Lion Group set to buy ATR planes in nearly US$1 billion deal

Thursday, November 27, 2014 - 15:10

SINGAPORE: Indonesia’s Lion Group is expected to sign a deal on Thursday to buy about 40 ATR 72-600 aircraft for nearly US$1 billion at list prices, a source familiar with the matter said on Thursday.

Why is Jentayu ‘rubbishing’ a plan it wants to complement?

Thursday, November 27, 2014 - 15:06

KUALA LUMPUR: Coming out of the blue, three-month old Jentayu Danaraksa Sdn Bhd (Jentayu), announced its move to complement the mammoth plan by Khazanah Nasional Bhd to save ailing Malaysia Airlines (MAS).

FGV chalks up RM89.16m pre-tax profit in Q3

Thursday, November 27, 2014 - 15:04

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) chalked up a pre-tax profit of RM89.16 million in the third quarter ended Sept 30, 2014 versus RM81.37 million registered in the same period last year.

Gold Futures lower at mid-day

Thursday, November 27, 2014 - 15:03

KUALA LUMPUR: Gold futures contracts on Bursa Malaysia Derivatives were lower at mid-day today, with three contract months traded.

KLIBOR Futures untraded mid-day

Thursday, November 27, 2014 - 15:01

KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives was untraded at mid-day today. At lunch break, December 2014, January 2015, February 2015 and March 2015 stood unchanged at 96.22, 96.18, 96.19 and 96.20, respectively.

KLCI Futures end morning session easier

Thursday, November 27, 2014 - 14:58

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts (FKLI) on Bursa Malaysia Derivatives ended the morning session easier today, amid the lower cash market.

FBM KLCI down at lunch break on profit-taking

Thursday, November 27, 2014 - 14:55

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its downtrend at lunch break today in ending 9.76 points lower at 1,832.41, on continuous profit-taking activity in heavyweights stocks.

Honda recalled cars with Takata airbags in 2012

Thursday, November 27, 2014 - 11:58

DETROIT: Honda Motor Co recalled a small number of cars equipped with Takata Corp air bags in March 2002, two years before the first known injury that Honda and Takata have linked to a defective air bag inflator, Reuters has learned.

Over 700 businesses joining online shopping day in Vietnam

Thursday, November 27, 2014 - 11:54

HCM CITY: More than 700 businesses have registered to take part in Vietnam’s Online Shopping Day set on Dec 5 in Ho Chi Minh City, Vietnam News Agency (NA) reported.

Asia stocks mixed, oil slumps ahead of OPEC meet

Thursday, November 27, 2014 - 11:50

HONG KONG: Asian stocks were mixed in lacklustre trade Thursday, while oil prices extended their losses ahead of a pivotal OPEC meeting expected to maintain the cartel’s production levels despite a huge glut.

FBM KLCI easier at mid-morning

Thursday, November 27, 2014 - 11:38

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was easier at mid-morning today with sentiment dampened by selling in blue chips and heavyweight counters. At 11.06 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 10.04 points easier at 1,832.13.

Research houses maintain ‘hold’ call on UMW

Thursday, November 27, 2014 - 11:36

KUALA LUMPUR: Research houses have maintained their ‘hold’ call on UMW Holdings following the company’s commendable automotive and oil and gas (O&G) earnings.