Business
Abdul Wahid to resign as Maybank president & CEO on June 4
JOHOR BAHARU, May 18 — Datuk Seri Abdul Wahid Omar, recently appointed as Minister in the Prime Minister's Department, will resign as President and Chief Executive Officer of Malayan Banking (Maybank) Bhd on June 4. He will take his oath of office as Senator on June 5 in order to assume his new portfolio. "Let me complete my duties at Maybank ... Read More
People withdraw money from United Overseas Bank (UOB), Development Bank of Singapore (DBS) and Oversea-Chinese Banking Corporation (OCBC) automated tellers in Singapore May 17, 2013. — Reuters pic
Recent Articles
EU cites Chinese Telecoms Huawei and ZTE for trade violations
NEW YORK, May 18 — Europe’s top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and ... Read More
Germany’s Merkel visits Pope, urges tougher market controls
VATICAN CITY, May 18 — German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless "dictatorship of the economy", called for stronger regulation ... Read More
Indonesia offers 21 oil and gas blocks in tender
JAKARTA, May 18 — Indonesia opened a rights tender for 21 oil and gas exploration blocks today, two of which are for unconventional gas concessions on the islands of Borneo and Sumatra, as Southeast ... Read More
China April housing inflation quickens
BEIJING, May 18 — China’s housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging policymakers who are trying to cool record home prices while supporting ... Read More
Tech, labour brandish duelling studies in US immigration fight
WASHINGTON, May 18 — The technology industry and organised labour are locked in a fight that threatens to complicate the US Senate’s immigration bill.At the heart of the debate is whether there is a ... Read More
Talk gets old as rally sails along
NEW YORK, May 18 — With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street’s rally inevitably hitting a ceiling is ... Read More
Investor group calls on SEC to review change in JP Morgan
NEW YORK, May 18 — Pension and endowment managers today called on US regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off the bank’s ... Read More
Brussels, Berlin lukewarm on Hollande’s euro zone vision
BRUSSELS, May 17 — European officials gave a lukewarm response to French President Francois Hollande's sweeping proposals for deeper euro zone integration today, noting that many of his ideas were already ... Read More
Italy PM Letta seeks to smooth property tax standoff
ROME, May 17 — Italian Prime Minister Enrico Letta promised a wide reform of property tax today, addressing one of the main issues dividing his coalition government, but gave no details on where he would ... Read More
Petra Energy reports lower Q1 earnings
KUALA LUMPUR, May 17 —Petra Energy Bhd registered a lower pre-tax profit of RM3.619 million for its first quarter ended March 31, 2013, from the RM9.712 million posted in the same period last year.Revenue ... Read More
More Articles
- MASkargo’s business plan gets MAS’ support
- Japan PM sets targets in latest growth strategy tranche
- Beyond the reach of banks, Indians targeted by outlaw fund scams
- Indonesia’s Pertamina looks to Talisman for help in 1st shale gas block
- After Google, Amazon to be grilled on UK tax presence
- Gold falls further in longest losing streak in four years
- China ups stakes in Australia power firms as Singapore retreats
- Bursa stays upbeat at mid-afternoon
- ECB eyes supervisory role to squeeze weak banks
- Weak US data sends dollar lower, Wall St seen down
- Asian shares mixed, dollar firmer on Fed remarks
- Global luxury goods market to cool in 2013, says Bain
- UMW may raise RM3b in energy unit IPO
- Petronas gas allocates five-year capex of RM8.1b
- Analyst calls for May 17
- April motor vehicle sales rise to 52,489 units
- International forum of insurance guarantee schemes launched
- SIA shares fall on Q4 earnings, tough outlook
- CIMB boss denies talks with San Miguel abandoned
- Merkel ally warns Italy and France to work harder, faster
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