Money

Alliance Bank targets 7% loan growth for FY20

by DASHVEENJIT KAUR / pic by TMR FILE PIX
ALLIANCE Bank Malaysia Bhd is con dent on achieving double-digit growth in earnings for its financial year ...

Lower NII, higher expenses hurt CIMB’s 1Q earnings

by S BIRRUNTHA / pic by TMR FILE PIX
CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2019 (1Q19), dropped 9% due to a poor ...

PetGas’ 1Q19 earnings rise on forex gains

by NUR HAZIQAH A MALEK / pic by TMR FILE PIX
Petronas Gas Bhd (PetGas) registered foreign-exchange (forex) gains and higher share of profit from a ...

Hong Leong’s 3Q19 earnings decrease 8% YoY due to lower net income

by S BIRRUNTHA / pic by MUHD AMIN NAHARUL
Hong Leong Bank Bhd’s (HLB) net profit for the third quarter ended March 31, 2019 (3Q19), declined 8% ...

Dollar rally nears end as Trump to cut trade deal

SINGAPORE • The dollar’s rally may be approaching an end as pressure mounts on US President Donald Trump to strike a trade deal with China, according to ...

Lonmin investors back Sibanye deal to create platinum giant

JOHANNESBURG • Lonmin plc investors have backed the platinum producer’s takeover by Sibanye Gold Ltd, bringing to an end a company that was once part of a ...

IHH engages stakeholders, authorities to adopt new price controls

The new regulations are expected to be implemented when consultations with the pharmaceutical industry are concluded
By MARK RAO / Pic By TMR IHH ...

Bumi Armada delivers RM62m net profit for 1Q19

By S BIRRUNTHA / Graphic By TMR
Bumi Armada Bhd’s net profit rose 28.5% to RM62.2 million in the first quarter ended March 31, 2019 (1Q19), compared to ...

China warns traders of ‘huge loss’ if they short the yuan

By BLOOMBERG
SHANGHAI • China advised traders against shorting the yuan, after a recent slide took the currency to the brink of the critical seven per ...

China projects confidence as trade war worsens

By BLOOMBERG
BEIJING • China is strong enough to withstand the effects of the trade war with the US, according to statements over the weekend from ...

US-China cold trade war is bad news for oil globally

Brent oil futures stumbled 4.5% to US$67.76 per barrel last week as global markets were mired in a slew of uncertainties
by MARK RAO / pic by ...

Continued equity rout claims more victims

Malaysia is among the more susceptible markets due to its trade exposures to both the US and China
by MARK RAO / pic by TMR FILE PIX EMERGING and ...