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Gamuda-MMC ahead of pack with lowest MRT tunnelling bid
KUALA LUMPUR, Feb 9 — Gamuda-MMC is said to be the lead contender for Klang Valley Mass Rapid Transit (KVMRT) tunnelling works worth RM8 billion after submitting the lowest bid for the job.
Business Times, quoting sources, said today the Gamuda Bhd and MMC Corp Bhd consortium had put in a bid of RM7 billion, the lowest of five bidders who ... Read More
A worker wipes the fuel prices on a board as she updates the new price — 300 yuan increase per tonne) at a gas station in Hefei, Anhui province February 8, 2012. — Reuters pic
Khazanah denies Medini high finance conspiracy
By Lee Wei Lian
KUALA LUMPUR, Feb 9 — Khazanah Nasional Berhad yesterday denied allegations of questionable deals in the development of the ambitious multi-billion ringgit Medini integrated development in Johor.The ... Read More
Analyst calls for Feb 9
KUALA LUMPUR, Feb 9 — This is a selection of morning calls by local research houses for the day.From HwangDBS VickersBoustead HoldingsFY11 results should be in line driven by plantations at c.42 per cent ... Read More
Bloomberg: VW in talks with Proton, looks to grow regional presence
NEW YORK, Feb 9 — German automotive giant Volkswagen is looking to gain a bigger foothold in ASEAN and is now in talks with local carmaker Proton for a possible manufacturing tie-up, a Bloomberg reported ... Read More
Global stocks inch up, euro near flat
NEW YORK, Feb 9 — World stocks edged higher and the euro ended flat yesterday as investors focused on whether the latest meeting of Greek political leaders will finally result in reforms to help the ... Read More
Don’t chase market stampedes as risks run amok
LONDON, Feb 9 — If both the perma-bears and perma-bulls are wrong in their immovable convictions about the long-term global investment outlook, then 2012 may require a more agile beast and possibly one ... Read More
Time Warner beats forecasts, shares up
NEW YORK, Feb 8 – Time Warner Inc posted better-than-expected quarterly profit today helped by its cable networks and the last installment of its Harry Potter movie franchise.Shares rose 2.6 per cent in ... Read More
Bosch says still committed to Penang solar panel plant
By Yow Hong Chieh
KUALA LUMPUR, Feb 8 – Robert Bosch GmbH said today it remains committed to investing in a proposed solar panel plant in Penang following reports that the German engineering firm has put site construction ... Read More
Malaysian exporters halt palm oil supply to Iran
KUALA LUMPUR, Feb 8 – Malaysian palm oil exporters have stopped supplying Iran with most of the 30,000 tonnes of the food staple the Middle Eastern country buys each month, or about half its demand, as ... Read More
Moody’s misses estimates with lower profit
NEW YORK, Feb 8 – Moody’s Corp net income fell 30 per cent in the fourth quarter, missing Wall Street estimates, as expenses rose and companies backed away from issuing bonds during the European debt ... Read MoreMore Articles
- 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
- MF Global shortfall worsened as bankruptcy neared
- Wall St edges lower after string of gains
- China bans airlines from paying EU carbon charges
- Lamborghini to follow Porsche with SUV
- Miners drag on FTSE as traders eye Glencore deal premium
- Global oil demand forecasts could be cut this week
- UK gas prices shoot to 6-year high due to cold
- Tesco delays current account launch to 2013
- Hong Kong shares break winning streak, China flat
- Citi receives approval to issue credit cards in China
- HTC sees Q1 revenue falling as much as 36pc
- Euro, European shares lower ahead of Greek high noon
- Greek parties face EU bailout deadline
- Asian stocks rise, US jobs gain outweighs Greece
- MAHB to award retail concessions by July
- Mitsubishi Motors eyes ending Europe output, says media
- As Facebook grows up, it courts Madison Avenue
- Olympus ex-CEO Woodford sees more revelations, to attend EGM
- With sparse data, focus returns to Europe
- Top SC job to be split between retiring Treasury chief, executive director
- First batch of Indonesian maids to arrive in March, says Subramaniam
- Court of Appeal: Freedom of speech not absolute
- Accused issued cheques for RM4m to Sosilawati’s company, court hears
- Australia government warns citizens of kidnappings in Sabah
