TM seals P1 deal with Green Packet, SK Telecom
KUALA LUMPUR: Telekom Malaysia Bhd (TM) said yesterday it had completed the investment partnership agreement with Green Packet Bhd and SK Telecom Co Ltd to…
View More TM seals P1 deal with Green Packet, SK TelecomMega merger details on Oct 8
THE merger talks between CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) are ongoing, with an announcement expected on October…
View More Mega merger details on Oct 8Malindo Air aims to fly 2.25m passengers
SEPANG: Malindo Air aims to serve about 2.25 million passengers by year-end following the introduction of new routes, including to Singapore and Bandung, Indonesia. To…
View More Malindo Air aims to fly 2.25m passengersOver 100 firms probed for money laundering
KUALA LUMPUR: More than 100 companies have been investigated by Bank Negara Malaysia for money laundering activities over the last three years, said Domestic Trade,…
View More Over 100 firms probed for money laundering˜Best growth in 7 years likely
STAND-OUT performer Malaysia is likely to see its strongest annual growth rate in seven years in 2014, said Standard Chartered Bank (StanChart). To continue reading…
View More ˜Best growth in 7 years likelyCathay Financial to buy 20pc of Philippine bank
MANILA: Taiwans Cathay Financial Holding Co Ltd is set to acquire a fifth of the Philippines Rizal Commercial Banking Corp for US$400 million (RM1.3 billion),…
View More Cathay Financial to buy 20pc of Philippine bankSamsung unit to sell SDS stake for 1.2tril won
SEOUL: Samsung Electro-Mechanics Co Ltd is set to raise up to 1.16 trillion won (RM3.5 billion) by selling via the stock exchange in November its…
View More Samsung unit to sell SDS stake for 1.2tril wonChinas factory sector steadies in September
BEIJING: Chinas vast factory sector showed signs of steadying last month as export orders climbed, a survey showed yesterday, easing fears of a hard landing…
View More Chinas factory sector steadies in SeptemberRBS sees lower bad loans losses
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…
View More RBS sees lower bad loans lossesAIG 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 seizure