Corporate Releases

StanChart’s surging costs hinder profit growth

London • Standard Chartered plc (StanChart) CEO Bill Winters is struggling to contain rising costs at the emerging markets (EMs) lender, which are ...

Outflows rock fund managers as Europe’s US$1t dream fades

London • Asset managers across Europe have long had their work cut out, with margins being squeezed and regulations pushing up costs. Now, add this to ...

Canon’s New Range of imageCLASS Laser Printers Fulfills Office Printing Needs with Space-Saving and Streamlined Work Processes

KUALA LUMPUR, 23 JULY 2018 – Canon Marketing (Malaysia) Sdn Bhd recently introduced its new range of laser printers designed specifically to meet business ...

Kuwait bank seeks talks to create Islamic lender with RM371.7b in assets

Lower oil prices over the past 4 years are forcing Gulf lenders to unite for scale and to better compete in a crowded market
Dubai • Kuwait Finance ...

Jeff Bezos becomes the richest man in modern history, topping RM606b

New York • Jeff Bezos is the richest person in modern history.
The Amazon.com Inc founder’s net worth cracked US$150 billion (RM606 billion) in New ...

Bonuses soar for Australia CEOs as workers struggle for pay

Sydney • Surging bonus payments have pushed pay for Australia’s CEOs to a record high, at the same time stagnant wage growth prevents the bulk of the ...

Temasek expands US footprint with a wary eye

New York • Temasek Holdings Pte Ltd is developing an American accent. The Singaporean state investor, whose S$308 billion (RM913.04 billion) portfolio ...

Canon Enhances Photography Experience with Next Generation EF L-Series Telephoto Zoom Lenses

Canon updates the EF70-200mm f/2.8L IS III USM and the EF70-200mm f/4L IS II USM lenses, offering superb imaging quality with enhanced image stabilisation. ...

Double win for Kenanga investors

Kenanga Investors wins two awards at the Fundsupermart.com Recommended Unit Trusts Awards 2018/2019
Kuala Lumpur, 16 July 2018: Kenanga Investors Group ...

Canon Marketing Malaysia announces Canon EOS Ambassadors

Well-known Malaysian photographers to inspire enthusiasts to further their passion for photography
KUALA LUMPUR, 5 JULY 2018 – Canon Marketing ...

Sorrell wins support of hedge fund Odey

Odey’s financial support for Sorrell is contingent on an acquisition that’s in the works
London • Martin Sorrell (picture) has won financial backing ...

Deutsche Bank fight to collect RM1.3b from Vik drags on

London • Deutsche Bank AG has been trying to collect hundreds of millions from Norwegian billionaire Alexander Vik since he lost an US$8 billion (RM32.4 ...