Ahmad Maghfur Usman, Analyst for Regional Transport Research at RHB Research, says AirAsia's net profit improved sharply on-quarter and saw improvements in the performance of its associates.» Read More
Dariusz Kowalczyk, Senior Economist & Strategist at Asia ex-Japan, Credit Agricole, explains why the South Korean won and Malaysian ringgit offer buying opportunities.
KUALA LUMPUR/ JAKARTA, Oct 3- September marked a turning point for Southeast Asia's foreign exchange and stock markets, ending a six-month run of capital inflows as the dollar's broad rally drew investors' attention to the currency risk and exalted valuations in these markets. Even though the cumulative net foreign investment was positive in the four...
The U.S. lifted an arms embargo against its old enemy. But that doesn't mean U.S.-made weapons will sell there.
CNBC's Christine Tan speaks to the fourth-generation leaders behind the world's largest pewter maker Royal Selangor about their expansion plans in the mainland.
KUALA LUMPUR/ VANCOUVER, Sept 25- Malaysian state-owned oil and gas company Petronas said on Thursday it might pull out of a roughly $10 billion liquefied natural gas project in Canada due to what it said was the country's slow progress developing a taxation plan.
In a world riven by differences, there's still plenty of common ground when it comes to public attitudes about major institutions.
The Corporate Perception Indicator is a survey of the population and biz execs from 25 markets, conducted for CNBC and Burson-Marsteller.
Fishery poaching is wiping out shoreline stocks and pushing poor fishermen from some countries toward piracy.
*Sellers say holding talks with China on Kurdish oil sales. *A China deal could hurt Baghdad's efforts to halt trades.
LONDON, Sept 17- Indonesia's tin exports slumped to a one-year low of 3,595 tonnes in August. And they are set to fall further in September. This sort of price support action from Indonesia is becoming part and parcel of the global tin market.
Piracy is exploding in the world’s most heavily trafficked commercial waterway, and organized crime is the force behind it.
*SocGen, BTMU, Goldman set up sukuk programmes since June. Sept 14- Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.
SINGAPORE, Sept 12- The volume of open positions in Malaysian palm oil futures jumped to a record high this week, suggesting the market may be bottoming out after falling to its lowest price in more than five years.
*Expected to be at least $500 million with 5- year tenor. DUBAI/ KUALA LUMPUR, Sept 4- Goldman Sachs is reviving plans to raise at least $500 million with its first issue of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.
*Issue expected to be at least $500 million. DUBAI/ KUALA LUMPUR, Sept 4- Goldman Sachs is reviving plans to issue at least $500 million worth of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money.
MUMBAI, Aug 30- India's federal police have filed charges against a former minister, his media mogul brother, and a Malaysian tycoon over alleged corruption to help Malaysia's Maxis group take control of an Indian mobile phone carrier eight years ago.
Tensions in the South China Sea may seem far off to Western investors, but any conflict in the region could affect the world economy.
*Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines will slash nearly a third of its 20,000 workforce and cut back its global route network as part of a radical 6 billion ringgit restructuring following the devastating impact of two jetliner disasters.
*Malaysia Airlines to cut staff by 30 pct to 14,000. KUALA LUMPUR, Aug 29- Malaysia Airlines, the country's loss-making flag carrier, will cut 30 percent of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said.
KUALA LUMPUR, Aug 29- Malaysia Airlines will cut 30 percent of its workforce as part of a restructuring that will cost 6 billion ringgit, majority investor Khazanah Nasional said on Friday.