LONDON: State-backed Royal Bank of Scotland (RBS) will release £800 million (RM4.25 billion) from provisions it had set aside to cover losses on bad loans…
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AIG trial opens with US accused of ˜illegal seizure
THE governments emergency ctions in the 2008 financial crisis went on trial on Monday as lawyers accused it of having illegally seized teetering insurance giant…
View More AIG trial opens with US accused of ˜illegal seizureQantas puts worlds largest plane on longest route
FORT WORTH: Qantas is putting the worlds biggest passenger plane on the worlds longest airline route. To continue reading the rest of the article, click…
View More Qantas puts worlds largest plane on longest routeEmaars US$1.6b mall IPO opens floodgates
DUBAI: Less than seven hours after Emaar Properties PJSC announced pricing for the largest initial public offering (IPO) in Dubai since 2007, chairman Mohamed Alabbar…
View More Emaars US$1.6b mall IPO opens floodgatesIndia central bank holds interest rates
MUMBAI: Indias central bank, as expected, kept interest rates on hold yesterday as it awaits more proof that stubbornly high inflation is headed downward in…
View More India central bank holds interest ratesApple to sell iPhone 6 in China
APPLE Inc will sell the new iPhone 6 and iPhone 6 Plus in China next month after agreeing to improve user security and privacy. To…
View More Apple to sell iPhone 6 in ChinaDanajamin, CGIF to boost capital marts
KUALA LUMPUR: Danajamin Nasional Bhd has teamed up with Asian Development Banks trust fund, Credit Guarantee and Investment Facility (CGIF), to strengthen the capital markets…
View More Danajamin, CGIF to boost capital martsDynac vendors terminate reverse takeover plan
GOH Ban Huat Bhd (GBH) and vendors of Dynac Sdn Bhd have aborted a proposed reverse takeover plan (RTO) to turn the company into an oil…
View More Dynac vendors terminate reverse takeover planTan & Tan, Japans MJR unit team up for RM617m condo job
KUALA LUMPUR: Tan & Tan Developments Bhd has teamed up with Mitsubishi Jisho Residence Co Ltd s unit, MJR Investments Pte Ltd (MJRI), to develop…
View More Tan & Tan, Japans MJR unit team up for RM617m condo jobBursa reprimands, fines dealers rep for trading misconduct
KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded and imposed a RM100,000 fine on dealers representative Fintan Romuald Inbaraj Nicholas for trading misconduct in…
View More Bursa reprimands, fines dealers rep for trading misconduct