Australia keeps interest rates on hold after strong growth
SYDNEY: Australia’s central bank held interest rates steady at the all-time low of 1.75 per cent yesterday following strong growth…
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New prince in Wanda land? A dealmaker stakes claim in court of China’s richest man
HONG KONG: A year after he took the reins at a key Dalian Wanda investment arm, Lu Xiaoma’s future in…
Weaker ringgit, low base effect to spur exports in 2Q
KUCHING: Kenanga Investment Bank Bhd believes exports in the second quarter of 2016 (2Q16) to will benefit from a low-base…
New biodiesel mandate will trigger industry revival
KUALA LUMPUR: The government’s decision to introduce B7 biodiesel for the industrial sector and to increase the blend for the…
Maybank announces three senior management appointments
KUALA LUMPUR: Malayan Banking Bhd (Maybank) yesterday announced three senior management appointments, involving portfolio rotation in its group, effective July…
Weak first quarter for planters, but better quarters ahead
KUCHING: Despite the plantation sector experiencing a weak first quarter of 2016 (1Q16), Affin Hwang Investment Bank Bhd (Affin Hwang)…
Stable ratings to Malaysia’s first ASB loan securitisation transaction
KUCHING:RAM Ratings (RAM) has assigned respective preliminary AAA(Stable) and BBB2(Stable) ratings to Westeros Capital Bhd’s (Westeros Capital) RM970 million Senior…
Sime Darby paring stake in E&O a positive move
KUCHING: Sime Darby Bhd (Sime Darby) has entered into a Share Sale Agreement (SSA) to dispose 126 million shares and…