Recent Articles

China trade dispute could slam US retailers

China trade dispute could slam US retailers

President Donald Trump late on Thursday had said he was considering penalties on US$100 billion in Chinese goods, without specifying which goods he would target. Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California, US, April 4, 2018. (Reuters pic) NEW YORK: The Trump administration’s trade […]

April 7, 2018 | By | Reply More
Boeing nabs US$12.3 billion American Air deal for 47 Dreamliners

Boeing nabs US$12.3 billion American Air deal for 47 Dreamliners

A Boeing 787-10 aircraft being built for Singapore Airlines (front) sits in the Final Assembly Area before a delivery ceremony of the first Boeing 787-10 Dreamliner at Boeing South Carolina in North Charleston, South Carolina, United States March 25, 2018. (Reuters pic) NEW YORK: American Airlines said it is ordering 47 of Boeing Co. 787 […]

April 6, 2018 | By | Reply More
Stock investors ‘comfortably numb’ as Malaysia prepares to vote

Stock investors ‘comfortably numb’ as Malaysia prepares to vote

After the dissolution of parliament, the election will be held within 60 days. (Bloomberg pic) KUALA LUMPUR: As Malaysian Prime Minister Najib Razak kicks off the election process looking to extend the ruling coalition’s 60 years of unbroken hold on power, Geoffrey Ng is looking to Pink Floyd to sum up investors’ mood. “Have you […]

April 6, 2018 | By | Reply More
BNM refutes report on living wage suggesting Malaysians are poor

BNM refutes report on living wage suggesting Malaysians are poor

KUALA LUMPUR: Bank Negara Malaysia (BNM) is refuting a news report published on April 4, which said that its analysis on the living wage suggests that Malaysians are poor. In a statement today, the central bank said the living wage was a benchmark on the income needed to attain a minimum acceptable living standard. “It […]

April 6, 2018 | By | Reply More
Why do so many animals die on United flights?

Why do so many animals die on United flights?

THE numbers seem damning. As Gulliver recently reported, 18 animals died last year on United Airlines flights. No other airline had more than two animal deaths, according to data from America’s Department of Transportation. So is America’s fourth largest carrier really nine times as deadly as the next most perilous airline for a travelling pet? […]

April 6, 2018 | By | Reply More
TA Enterprise sell off office lots in Hong Kong

TA Enterprise sell off office lots in Hong Kong

KUALA LUMPUR: TA Enterprise Bhd’s unit, Winner Star Group Ltd, has disposed of commercial office lots located at Tower One Lippo Centre, Hong Kong, to Champion Castle Ltd and Zeppelin Property Development Consultants Ltd for a HK$137,000,000 (RM67.48 million).  The rationale for the sale was the attractive offer at an approximate premium of 458 per […]

April 6, 2018 | By | Reply More
TA Enterprise unit disposes of commercial office lots in Hong Kong

TA Enterprise unit disposes of commercial office lots in Hong Kong

KUALA LUMPUR: TA Enterprise Bhd’s unit, Winner Star Group Ltd, has disposed of commercial office lots located at Tower One Lippo Centre, Hong Kong, to Champion Castle Ltd and Zeppelin Property Development Consultants Ltd for a HK$137,000,000 (RM67.48 million).  The rationale for the sale was the attractive offer at an approximate premium of 458 per […]

April 6, 2018 | By | Reply More
Ringgit ends lower against US dollar

Ringgit ends lower against US dollar

KUALA LUMPUR: The ringgit ended easier against the US dollar today on lack of buying interests, dealers said. At 6pm, the local note was quoted 3.8680/8720 to the greenback against Thursday’s 3.8650/8680. A dealer said amid the quiet trading, the ringgit moved within a tight range as investors stayed on the sidelines. “Investors are adopting […]

April 6, 2018 | By | Reply More
Ni Hsin buys 7.26% stake in Caely for RM4.6m

Ni Hsin buys 7.26% stake in Caely for RM4.6m

PETALING JAYA: Ni Hsin Resources Bhd has acquired 7.26% stake in Caely Holdings Bhd for RM4.6 million cash in the past 12 months. Caely manufactures undergarments, garment, leather goods, sportswear and household products. In a filing with Bursa Malaysia, Ni Hsin said the purchase consideration is based on open market price ranging from 67 sen […]

April 6, 2018 | By | Reply More
Suria Capital no longer selling Sabah Ports to MMC

Suria Capital no longer selling Sabah Ports to MMC

KUALA LUMPUR: Suria Capital Holdings Bhd is no longer pursuing the proposed disposal of Sabah Ports Sdn Bhd (SPSB) to MMC Corp Bhd’s wholly-owned unit, MMC Ports Holding Sdn Bhd. In a filing to Bursa Malaysia today, Suria Capital said SPSB would remain as its wholly-owned unit. It was reported that the Sabah government’s investment […]

April 6, 2018 | By | Reply More