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MMC-Gamuda to be paid 6pc of MRT target cost
PUTRAJAYA, Feb 10 - MRT Corp said today it will pay a fee worth six per cent of the Klang Valley Mass Rapid Transit (KVMRT) Sungai Buloh-Kajang (SBK) line's target cost to its project delivery partner, MMC-Gamuda.
It is understood that the target cost for the 51km line will be revealed only by year-end, after all 90 tender packages have been ... Read More
Greek Finance Minister Evangelos Venizelos and the head of the IMF Christine Lagarde (right) attend a Eurogroup meeting at the EU council headquarters in Brussels February 9, 2012. — Reuters pic
Property market growth to taper off in 2012, says expert
By Lee Wei Lian
KUALA LUMPUR, Feb 10 — The property market will still see growth this year but at a slower pace than 2011 due to dampened sentiment, said CH Williams Talhar & Wong.The property consultancy said buyers ... Read More
Investors cautious despite Greece deal
TOKYO, Feb 10 — The euro and shares eased today as investors kept a cautious view over Greece’s debt restructuring prospect, after Athens struck a deal on fiscal reforms, paving the way for securing a ... Read More
Alibaba plans to take Hong Kong unit private
HONG KONG, Feb 10 — Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed unit private, two sources familiar with the matter said, and is working with Yahoo on an asset-swap deal ... Read More
Greek deal boosts euro, oil; stocks edge up
NEW YORK, Feb 10 — The euro hit a two-month high against the dollar yesterday after Greece agreed to an austerity package in exchange for new funds, but questions on whether the deal will be enough to ... Read More
Analyst calls for Feb 10
KUALA LUMPUR, Feb 10 — This is a selection of morning calls by local research houses for the day.From OSK ResearchPuncak NiagaBursa Malaysia has issued an unusual market activity query to Puncak Niaga ... Read More
Kodak to shutter camera business
LOS ANGELES, Feb 10 — Eastman Kodak Co, the inventor of the digital camera, plans to get out of that business in the first half of the year as the bankrupt company looks to cut costs.The decision to stop ... Read More
US to approve Google’s Motorola bid, sources say
WASHINGTON, Feb 10 — The US Justice Department will approve Google’s US$12.5 billion (RM37.5 billion) bid to acquire Motorola Mobility Holdings Inc, according to sources close to the antitrust review.The ... Read More
PepsiCo to cut 8,700 jobs, invest in brands
NEW YORK, Feb 9 – PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra US$1.5 billion (RM4.51 billion) over the next three years, as it invests more money in marketing and advertising ... Read More
Vodafone hit by weak southern Europe
LONDON, Feb 9 – Vodafone, the world’s largest mobile phone operator, missed quarterly revenue forecasts today as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging ... Read More
More Articles
- Strike costing Air France up to €10m a day
- Singapore firms stop Indonesia palm oil exports to Iran
- ECB to face Greece questions, hold rates
- SE Asia Stocks: Most markets pause; Manila off record high
- Markets guarded as Athens strives to reach deal
- Guan Eng: Bosch downpayment proof of commitment
- Europe pull-out won’t hit A350 orders, says AirAsia X
- Gamuda-MMC ahead of pack with lowest MRT tunnelling bid
- Malaysia’s trade hits record in 2011
- Khazanah denies Medini high finance conspiracy
- AirAsia X eyes IPO in second half 2012
- Analyst calls for Feb 9
- Bloomberg: VW in talks with Proton, looks to grow regional presence
- Don’t chase market stampedes as risks run amok
- Global stocks inch up, euro near flat
- Time Warner beats forecasts, shares up
- Bosch says still committed to Penang solar panel plant
- Malaysian exporters halt palm oil supply to Iran
- Moody’s misses estimates with lower profit
- S&P cuts Sony rating, warns of further downgrade
- World Bank arm, Singapore GIC eye infrastructure fund
- SE Asia Stocks: Markets rise, aided by Greece hopes
- Japan to slash use of a heavy rare earth as China tightens grip
- Bank Negara extends currency swap deal with China
- BHP Billiton profit slips but still in league of its own
- Bosch freezes Penang solar plant
- Wall St edges up in quiet day; Disney down late
- Bernanke urges Congress to address Bush tax cuts
- Goldman names Yong as co-head of Investment Banking Southeast Asia
- Analyst calls for Feb 8
- Indonesia investors confident of coup at Rothschild’s Bumi
- Swatch captures the moment for Chinese watch demand
- China to raise fuel prices tomorrow: Sinopec
- Air France cancels half of long-haul flights
- China says hopes can solve airline fee dispute with EU
- Greek talks check euro, results hit shares
- Glencore to buy Xstrata in US$90 billion deal
- SE Asia Stocks: Manila, Jakarta underperform
- Sanyo cuts US plant jobs to move to Malaysia
- Singapore says casino-related crime well under control
- Greeks delay bailout talks as Merkel demands action
- Yum profit up as China keeps growing
- Hari Valentine: Khutbah Jumaat Jakim dan WP ingatkan umat Islam tinggalkan budaya Kristian
- Duo Adun PKR dituduh rasuah isu pasir dakwa RPK keliru antara Azmin Ali dan Azmin Karim
- Najib ‘gadai akidah’ hadir upacara Thaipusam di Batu Caves, tegas Harussani
- Jangan cari publisiti dengan cabar dedahkan nama orang murtad, kata Harussani kepada Asri
- Utusan dakwa Ketua Pemuda PAS sokong sambutan Hari Kekasih
- Najib ‘sacrificed his faith’ to attend Thaipusam do, says Perak Mufti
- 1 Care a ‘done deal’ despite ministry assurances, source says
- Ex-Umno minister says party leaders buy positions with cash
- Parliamentary panel was told NFC cannot use loans for property
- Abdul Kadir: Umno to blame for Bumiputeras lagging behind