New US$100 bln BRICS bank opens in China to challenge US-led lenders
SHANGHAI: A new US$100 billion international bank dedicated to the emerging BRICS countries opened in China’s commercial hub Shanghai yesterdy,…
Browsing: Business
Toshiba shares jump after accounting probe details revealed
TOKYO: Toshiba shares jumped yesterday as an independent report ended months of uncertainty about accounting problems at one of Japan’s…
‘O&G SPACs an attractive option in current investment outlook’
KUCHING: Special purpose acquisition companies (SPACs) are proving to be an attractive investment alternative given today’s uncertainties in both external…
Maybank the only Malaysian company in Newsweek’s Global 500 Green Rankings
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has been ranked 256 in Newsweek’s Global 500 Green Rankings 2015, the magazine and…
Indonesian levy collection will have neutral impact CPO prices
KUCHING: With the Indonesian government having begun the collection of crude palm oil (CPO) and processed palm oil levies on…
PTMP yields jobs for construction, property players
KUCHING: Construction or infrastructure and property companies are potential beneficiaries of the RM27 billion Penang Transport Master Plan (PTMP). Affin…
CIMB Thai’s NPLs hit close to five-year high
KUCHING: Non-performing loans (NPLs) at CIMB Thai Bank PCL, a unit of CIMB Group Holdings Bhd, rose to a near…
Analysts positive on MMC’s near-to-medium prospects
KUCHING: MMC Corporation Bhd’s (MMC) near-to-medium prospects has been viewed positively by analysts as the group is set on growing…