India’s stalling car market sparks wider concerns

Dramatic slowdown highlights squeeze in credit and lack of confidence in economy

Boeing slumps after editor's tweet raises prospect of lost China sales

BOEING Co fell to the lowest closing level in four months as US-China trade tensions escalated and the influential editor of a Chinese tabloid warned that the company's airplane sales in the country could be "reduced."

Businesses need to prepare themselves for US-China trade war fallout: Minister Chan

The government will help businesses stay competitive and to make conditions ideal for attracting investments, and so create good jobs for the people.

New chapter in US diplomacy playbook - alienate both China and Russia

Members of the Trump administration's foreign policy and national security teams have decided to alienate both China and Russia at the same time, encouraging them to cooperate in challenging American global power.

Policy goals are one thing. Fulfilling them is another

Trump has come up against a legacy system and may well be marched up a path he doesn't want to take.

Nissan warns profits to fall to lowest level in more than a decade

Nissan has warned that its operating profit will fall to the lowest level in more than a decade after the Japanese carmaker abandoned an expansion pursued by its ousted chairman Carlos Ghosn.

Tesla car catches fire in Hong Kong parking lot

A Tesla Inc electric car caught fire in a parking lot in a Hong Kong shopping mall, the Apple Daily newspaper said on Tuesday, but no one was injured in the blaze, whose cause was not immediately known.

The 5G bandwagon offers promise - and also challenges

It is key for all interested parties to engage with the Infocomm Media Development Authority to shape the regulatory framework

Cybersecurity talent crunch drives SMEs to embrace AI

For all of Singapore's technological achievements and innovations, the city state still faces the same talent shortage as the rest of the world when it comes to cyber defence.

New Vodafone boss tackles debt burden with dividend cut

The new boss of Vodafone cut the mobile operator's dividend for the first time, securing the firepower it needs to build 5G networks and complete its acquisition of Liberty Global assets.

Uber hits fresh headwinds as shares extend losses

Uber shares went into a fresh skid Monday — more bad news for the global ride-hailing giant, which endured steep declines in its hotly anticipated market debut last week.

Sustainability is key to successful BRI

The Star, May 13, 2019

THE Belt and Road Initiative (BRI), previously known as the One Belt One Road Initiative, consists primarily of the Silk Road Economic Belt and the 21st-century Maritime Silk Road.

The BRI is a grand and ambi...

Xi Jinping's China: why entrepreneurs feel like second-class citizens

Strong support for state-owned companies is weighing down on the dynamic private sector.

DiGi.Com soars on mega-merger optimism

DiGi.Com Bhd’s shares soared yesterday after its largest shareholder, Norway-based Telenor Group, and Axiata Group Bhd said they are discussing a potential merger that will transform them into Asean’s largest telecommunications operator.

NST Leader: The emperor has no clothes!

THIS dearth of shame that hangs in the air is worrying. Look around us, there is so much of glee in committing crimes.

Ultra-rich continues to focus on real estate

Despite a gloomy economic outlook globally, wealth creation will remain constant this year and real estate buying will continue largely in Asia, especially among ultra-high-net-worth individuals (UHNWI).

UHNWI population may grow 22pc by 2023

THE global ultra-high-net-worth individual (UHNWI) population is forecast to increase 22 per cent over the next five years. This means by 2023, there will be additional 43,000 people in the world with net worth of more than US$30 million (RM124.16 million).

Understanding inheritance issues

When you inherit a property, there are many things to consider. You need to know the property that you have inherited, and if it’s just you or there other names in the will.

KRI report: House prices increase 9.1pc annually

Based on a report by Khazanah Research Institute (KRI), house prices in the country have escalated at a compounded annual growth rate of 9.1 per cent since 2009.

Life on Milken's edges: After-parties, yoga at dawn

Each April, billionaires and mere multimillionaires flock to Beverly Hills to mingle, think deep thoughts and buff their platinum Rolodexes.

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YTL Corp Records 3rd Quarter Revenue of RM4.3 Billion (US$1.0 Billion) & Profit Before Tax of RM276 Million (US$66 Million)

YTL Corporation Berhad recorded revenue of RM4,312.7 million (US$1,031.8 mn) for the quarter ended 31 March 2019 as compared to RM4,554.6 million (US$1,089.6 mn) for the preceding quarter ended 31 December 2018. Profit before tax increased to RM27...

This is the most luxurious way to do Koh Samui

Looking for your next island paradise? Edwina Hart may have just found it.

Highlights From Starhill Global REIT’s FY2017/18 Q3 Earnings

Starhill Global Real Estate Investment Trust (SGX:P40U) is the third cheapest REIT in terms of its price-to-book ratio. The REIT, which owns and manages 10 properties including Singapore landmarks, Wisma Atria and Ngee Ann City along Orchard Road, was trading at almost a 25% discount to its book ...

Lafarge Malaysia CEO resigns, YTL executives appointed as new directors

YTL Corp executive chairman Tan Sri Dr Francis Yeoh, and managing director Datuk Yeoh Seok Kian, have been made executive directors of Lafarge Malaysia. Other members of the Yeoh family appointed to Lafarge Malaysia’s board as executive dire...

Unitholders of YTL's Starhill Global REIT approve the proposed transaction for the REIT's Malaysian assets

A resounding 99.93% of the total number of votes gave the green light for the new master tenancy agreements for Starhill Gallery and Lot 10 Property, and the asset enhancement works for Starhill Gallery, at the EGM held on 16 May 2019.

Kingdom will start generating power from oil shale next year

Oil shale is a local energy source that is among the biggest attractors of foreign investments in the Kingdom, YTL's Attarat Power Company (APCO) board member Muhammad Maaytah said on Monday. Maaytah said that the Kingdom will start generating power from oil shale by the middle of next y...

YTL's Attarat Power Company Oil shale power station to generate 15% of Jordan’s electricity needs by next May

An oil shale power station affiliated with YTL's Attarat Power Company (APCO) is expected to be connected to the national electricity grid by May of next year at a capacity of 470MW, covering 15 per cent of Jordan’s electricity needs. APCO has already begun the process of constructing t...

Lafarge's RM270 mil cement supply contract to ECRL revived

Lafarge Malaysia Bhd has resumed supplying cement to all eight packages of work for the East Coast Rail Link (ECRL) project, said the cement manufacturer in its filing with Bursa Malaysia this evening.

Five GLCs among 20 listed firms with highest-paid CEOs

Five government-linked companies (GLCs) and 10 family-controlled entities made up the top-20 listed companies on Bursa Malaysia with the highest-paid chief executive officers (CEOs) last year.

YTL Corp buys LafargeHolcim 51% stake in Lafarge Malaysia for US$396mil

YTL Corp Bhd said its cement manufacturing arm, YTL Cement Bhd, has agreed to acquire LafargeHolcim's entire 51% stake in Lafarge Malaysia Bhd for US$396mil.

LafargeHolcim divests activities in Malaysia and Singapore

LafargeHolcim has signed an agreement with YTL Cement Berhad for the divestment of its entire 51 percent shareholding in Lafarge Malaysia Berhad for a consideration of USD 396 million fully payable in cash, corresponding to MYR 3.75 per share. Additionally, LafargeHolcim has signed an agreement w...

YTL Cement Berhad Acquires 51% Stake in Lafarge Malaysia Berhad & Extends Mandatory General Offer for the Remaining Shares

Dato' Sri Michael Yeoh Sock Siong, Managing Director of YTL Cement, said, "The Acquisition represents an opportunity for the YTL Cement Group to bolster its position as a leading, home-grown, Malaysian-owned cement company, enhancing our ability to offer customers the full range of cemen...

YTL opens Monkey Island Estate's hotel and floating spa

Malaysian hotel group YTL Hotels has opened the Monkey Island Estate resort in Bray-on-Thames, UK.