New incentives to keep Malaysia’s economic corridors on radar of investors
KUALA LUMPUR: Malaysia’s five economic corridors are set to stay firmly on the radar of local and foreign investors with…
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Cuba insists it has oil, US companies still uninterested
HAVANA: Cuba unveiled new data it said confirmed there were billions of barrels of oil beneath its Gulf of Mexico…
Advisory firms urge revolt over JPMorgan chief’s pay packet
NEW YORK: Leading shareholder advisory groups opposed JPMorgan Chase chief executive Jamie Dimon’s annual pay packet, branding it poorly aligned…
China looks to fiscal stimulus to fight slowdown
BEIJING: China’s leaders, caught off guard by a sharp economic slowdown and worried about the risk of job losses, are…
NAB in Australia’s largest ever capital raise
SYDNEY: National Australia Bank yesterday announced the country’s biggest ever rights issue to raise A$5.5 billion (US$4.4 billion) while detailing…
Oil prices steady after highs
LONDON: Oil prices steadied on Thursday, a day after reaching five-month high points following an unexpected drop in US crude…
F&N working on new drink to replace Red Bull
KUALA LUMPUR: Fraser & Neave Holdings Bhd is working on a new product to replace its energy drink Red Bull…
RAM: Sarawak Energy’s financial position intact after tariff reduction
KUCHING: RAM Ratings expects Sarawak Energy Bhd’s (Sarawak Energy) financials to remain intact after taking into account the State Government’s…