Wing Tai on strong note from property development segment
KUCHING: Wing Tai Malaysia Bhd (Wing Tai) financial year 2013 (FY13) registered earnings of RM132.1 million attributable to higher contributions…
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Instacom’s second quarter PBT soars to RM7.6 million
KUALA LUMPUR: Instacom Group Bhd (Instacom), yesterday announced continued strong profits for its second quarter ended June 30, 2013. In…
Celcom Axiata eyes one million customers for three new digital services portals by end-2014
KUALA LUMPUR: Celcom Axiata Bhd (Celcom Axiata) is aiming to secure one million customers for its three new digital services…
Moody’s eyes downgrade of biggest US banks
NEW YORK CITY: Ratings agency Moody’s said it was mulling a downgrade for four major US banks due to an…
Tech glitch halts Nasdaq trade for three hours
NEW YORK CITY: An unexplained technology glitch on Thursday shut down trade on the Nasdaq for more than three hours,…
Zombie borrowers haunt China’s shadow banks
SHANGHAI: Call it the new China Syndrome: Although Asia’s biggest economy is slowing down markedly, credit continues to surge. Dead-end…
Crashing markets spell trouble for India’s privatisation plans
NEW DELHI: The collapse of the rupee is derailing India’s hopes of raising more than US$6 billion from the sale…
Gold up 29 sen at RM141.46 per gramme at 9.30 a.m.
KUALA LUMPUR: The price of gold as at 9.30 a.m. stood at RM141.46 per gramme, up 29 sen from RM141.17…