Tesco chairman quits over error
THE chairman of Tesco resigned yesterday as the troubled supermarket group said a huge accounting error began earlier than thought and contributed to plunging profits.…
View More Tesco chairman quits over errorChina not worried about currency outflows
BEIJING: Chinas foreign currency regulator is not concerned by signs of foreign exchange (forex) outflows as the economy slows, the countrys foreign exchange regulator said…
View More China not worried about currency outflowsUS groups seek TPP protection for tobacco
WASHINGTON: United States business and agriculture groups have urged Pacific trading partners not to exclude tobacco from investment protection rules in a new free trade…
View More US groups seek TPP protection for tobacco˜Too late to change bank allowances now
LONDON: It is too late to change the allowances paid to top banking staff that have been deemed to breach European Union (EU) law, a…
View More ˜Too late to change bank allowances nowHyundai Q3 net profit plunges 30pc
SEOUL: South Koreas largest automaker, Hyundai Motor, posted a sharp drop yesterday of nearly 30 per cent in third-quarter net profit, mainly due to a…
View More Hyundai Q3 net profit plunges 30pcAmResearch maintains ˜buy call on WCT
AMRESEARCH Sdn Bhd has maintained œbuy call on WCT Holdings Bhd, following its purchase of 89.4ha of freehold land in Serendah, Selangor, for RM115 million. To…
View More AmResearch maintains ˜buy call on WCTHSR underscores more prospects  for rail jobs
THE Kuala Lumpur-Singapore high speed rail (HSR) project underscores more prospects for rail-related jobs following news that the MRT2 and LRT3 projects will likely commence…
View More HSR underscores more prospects  for rail jobsCIMB-RHBCap-MBSB merger likely to go ahead
MAYBANK Investment Bank Research expects CIMB Group Bhd, RHB Capital Bhd (RHBCap) and Malaysia Building Society Bhd (MBSB) to push ahead with the merger despite…
View More CIMB-RHBCap-MBSB merger likely to go aheadPublic Bank earnings momentum to continue
KUALA LUMPUR: Public Bank Bhd is expected to maintain its earnings momentum for the rest of the year after posting a double-digit growth in its…
View More Public Bank earnings momentum to continueCarimin unfazed by falling crude oil prices
PUTRAJAYA: Carimin Petroleum Bhd, which is en route to a November 10 listing, has described the falling crude oil prices as a short-term correction. To…
View More Carimin unfazed by falling crude oil prices