Maybank achieves higher growth momentum
KUCHING: Malayan Banking Bhd’s (Maybank) net profit for the third quarter of financial year 2013 (3QFY13) rose 16.33 per cent…
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AirAsia unfazed by ‘turbulence’ in 3Q13
KUCHING: AirAsia Bhd’s (AirAsia) aggressive initiatives and strategy to further bring costs down, and its efforts growing its ancillary income…
CGC aims to finance 400 SMEs under Islamic Portfolio Guarantee Scheme
KUALA LUMPUR: Credit Guarantee Corporation (CGC) expects to provide financing worth RM200 million to about 400 small and medium enterprises…
Neutral impact for rubber glove sector if electricity tariffs raised
KUCHING: Analysts anticipate neutral impact for rubber glove players should electricity tariffs be raised by up to 25 per cent…
BHP predicts China driving resources demand for 15 years
SYDNEY: Anglo-Australian mining giant BHP Billiton yesterday said China’s economic growth was resilient enough to drive strong demand for commodities…
Fed sees stimulus taper ‘in coming months’
WASHINGTON: Federal Reserve policy makers expected at their October meeting that they would begin cutting the stimulus programme ‘in coming…
EADS mulls 20 pct job cuts in defence and space unit
BERLIN: European aerospace giant; European Aeronautic Defence and Space Company (EADS) is considering cutting its workforce by 20 per cent,…
Ally Financial repays US$5.9 billion to US Treasury
WASHINGTON: Ally Financial, the former finance arm of General Motors (GM) taken over by the government during the financial crisis,…