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The Star
KLCI falls 9.16 points as the ringgit hits RM4 to the dollarKUALA LUMPUR: The FBM KLCI resumed its downtrend after a brief respite yesterda
KLCI falls 9.16 points as the ringgit hits RM4 to the dollar
The Star / Posted 2 minutes ago
KUALA LUMPUR: The FBM KLCI resumed its downtrend after a brief respite yesterday alongside broadly weaker Asian markets as emerging market currencies came under renewed pressure from a resurgence in the dollar. The KLCI fell by 9.16 points to... Read more
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The Star
Khazanah, Mitsui to take stake in US DaVita kidney care services JVKUALA LUMPUR: Khazanah Nasional Bhd and Mitsui & Co. will take up a combined 40
Khazanah, Mitsui to take stake in US DaVita kidney care services JV
The Star / Posted 2 minutes ago
KUALA LUMPUR: Khazanah Nasional Bhd and Mitsui & Co. will take up a combined 40% stake in joint venture led by NYSE-listed DaVita HealthCare Partners Inc to expand kidney care services in Asia Pacific. DaVita said in a press statement issued out of... Read more
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Market Watch
Wm Morrison Supermarkets same-store sales riseLONDON--Wm. Morrison Supermarkets PLC (MRW.LN) Thursday reported a 0.7% rise in
Wm Morrison Supermarkets same-store sales rise
Market Watch / Posted 2 minutes ago
LONDON--Wm. Morrison Supermarkets PLC (MRW.LN) Thursday reported a 0.7% rise in first quarter like-for-like sales, excluding fuel, its second consecutive quarter of positive sales growth. The U.K.'s fourth-largest grocer by market share said it is... Read more
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Market Watch
Smith & Nephew revenue jumps 3% to $1.14 billionLONDON--Smith & Nephew PLC (SN.LN) Thursday reported first-quarter revenue of $
Smith & Nephew revenue jumps 3% to $1.14 billion
Market Watch / Posted 2 minutes ago
LONDON--Smith & Nephew PLC (SN.LN) Thursday reported first-quarter revenue of $1.14 billion, up 3% on the same period last year, and backed its full-year guidance. The global medical technology company said the 3% growth in revenue includes the... Read more
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The Star
Australian banks signal end of era of dividend growthSYDNEY: Australia's major lenders this week signalled they are ready to forego
Australian banks signal end of era of dividend growth
The Star / Posted 2 minutes ago
SYDNEY: Australia's major lenders this week signalled they are ready to forego some of the highest dividends in the banking world after seven years of rising payouts, putting investors like the US$1.5 trillion pension industry on notice of lower... Read more
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Market Watch
Rolls-Royce confirms full-year targetsLONDON--British aircraft engine maker Rolls-Royce Holdings said earnings this y
Rolls-Royce confirms full-year targets
Market Watch / Posted 2 minutes ago
LONDON--British aircraft engine maker Rolls-Royce Holdings said earnings this year could benefit from currency effects and confirmed full-year targets ahead of the company's annual shareholder meeting later in the day. Rolls-Royce, which makes... Read more
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Market Watch
Provident Financial sees good start to the yearLONDON--Provident Financial PLC (PFG.LN) said Thursday that it has made a good
Provident Financial sees good start to the year
Market Watch / Posted 2 minutes ago
LONDON--Provident Financial PLC (PFG.LN) said Thursday that it has made a good start to the year with the profit performance of all businesses in line with, or above, internal management expectations for the first three months of the new financial... Read more
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Market Watch
Repsol profit plunges more than 40%MADRID--Repsol SA REP said Thursday its first-quarter net profit fell by over 4
Repsol profit plunges more than 40%
Market Watch / Posted 2 minutes ago
MADRID--Repsol SA REP said Thursday its first-quarter net profit fell by over 40% as falling energy prices hit Spain's largest oil company. Repsol said net profit in the first quarter was EUR434 million ($498.7 million), 43% down on a year... Read more
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The Irish Times
Tullow’s Ghana oil field restarts productionThe field is producing 30,000 barrels a day, according to Mark Macfarlane, dire
Tullow’s Ghana oil field restarts production
The Irish Times / Posted 2 minutes ago
The field is producing 30,000 barrels a day, according to Mark Macfarlane, director for development and operations. Output at the field was suspended on March 20th after it discovered a fault in a bearing on the turret which is moored to the... Read more
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Market Watch
Oil prices rise as Canadian wildfire threatens outputOil prices pushed higher on Thursday, boosted by a raging wildfire near Canada’
Oil prices rise as Canadian wildfire threatens output
Market Watch / Posted 2 minutes ago
Oil prices pushed higher on Thursday, boosted by a raging wildfire near Canada’s oil-sands district that as fighting in Libya threatened production in those countries. West Texas Intermediate crude-oil futures CLM6, +1.90% climbed 81 cents, or 0.8%,... Read more
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The Irish Times
Kingspan sales rise 25% in first four months on acquisitionsKingspan said it is on track to post strong first-half results as sales rose 25
Kingspan sales rise 25% in first four months on acquisitions
The Irish Times / Posted 2 minutes ago
Kingspan said it is on track to post strong first-half results as sales rose 25 per cent in the first four months of the year to €903.1 million, driven by acquisitions made last year. However, the maker of building insulation panels said that UK... Read more
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The Irish Times
Kennedy Wilson Europe spends €76.9 million on Dublin officesThe acquisitions were funded by the company’s existing cash resources, it said
Kennedy Wilson Europe spends €76.9 million on Dublin offices
The Irish Times / Posted 2 minutes ago
The acquisitions were funded by the company’s existing cash resources, it said in a statement to the stock exchange on Thursday. Kennedy Wilson Europe Real Estate said the it bought the Chase office block in Sandyford from Chase Arkle for €62.5... Read more
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Market Watch
Inmarsat cuts revenue guidance on energy slowdownLONDON--Satellite operator Inmarsat PLC (ISAT.LN) on Thursday lowered its full-
Inmarsat cuts revenue guidance on energy slowdown
Market Watch / Posted 2 minutes ago
LONDON--Satellite operator Inmarsat PLC (ISAT.LN) on Thursday lowered its full-year revenue guidance as it suffers from the global slowdown in maritime and energy markets. The company, whose satellites are used for broadband on boats, planes and... Read more
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Market Watch
Centrica to raise $1.09 billion from share offerLONDON--The U.K.'s biggest energy supplier, Centrica PLC (CNA.LN), said Thursda
Centrica to raise $1.09 billion from share offer
Market Watch / Posted 2 minutes ago
LONDON--The U.K.'s biggest energy supplier, Centrica PLC (CNA.LN), said Thursday it intends to raise around GBP750 million ($1.09 billion) from a private placement of shares to fund two acquisitions and pare debt in light of mounting pressure on its... Read more
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Market Watch
BT Group sees profit boosted by sports channelsLONDON--BT Group PLC (BT.LN) Thursday posted a rise in net profit, boosted by b
BT Group sees profit boosted by sports channels
Market Watch / Posted 2 minutes ago
LONDON--BT Group PLC (BT.LN) Thursday posted a rise in net profit, boosted by broadband services and sports channels. The U.K. telecommunications company said net profit in the quarter ended March 31 rose to 756 million pounds ($1.1 billion) from... Read more
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West Moreland Gazette
BT to invest £6bn in network upgrade and improve customer serviceBT has unveiled a £6 billion programme to upgrade its network in a move to exte
BT to invest £6bn in network upgrade and improve customer service
West Moreland Gazette / Posted 2 minutes ago
BT has unveiled a £6 billion programme to upgrade its network in a move to extend ultrafast broadband to at least 10 million homes and businesses and lay fibre optic lines to around two million premises across the UK. The telecoms giant also pledged... Read more
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West Moreland Gazette
Jewellers Peter George Banks plans special event to encourage shoppers to visit KendalA Kendal jewellers is hosting a special event to encourage shoppers to visit Ke
Jewellers Peter George Banks plans special event to encourage shoppers to visit Kendal
West Moreland Gazette / Posted 2 minutes ago
A Kendal jewellers is hosting a special event to encourage shoppers to visit Kendal. On Saturday, May 7, Peter George Banks Jewellers in Kendal are having a special promotions day to encourage shoppers into the town. “Kendal has so much to offer in... Read more
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Market Watch
Barclays raises $875.56 million from placingLONDON--Barclays PLC BARC has raised 603 million pounds ($875.56 million) throu
Barclays raises $875.56 million from placing
Market Watch / Posted 2 minutes ago
LONDON--Barclays PLC BARC has raised 603 million pounds ($875.56 million) through the sale of part of its stake in Barclays Africa Group Ltd. Late Wednesday the British bank said it would sell 103.6 million shares in Barclays Africa, or 12.2% of its... Read more
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The Register
Australia copies UK's Google tax on 'contrived' dodgesAustralia has copied the United Kingdom's Government Digital Service and has no
Australia copies UK's Google tax on 'contrived' dodges
The Register / Posted 3 minutes ago
Australia has copied the United Kingdom's Government Digital Service and has now decided the UK's Google-busting Diverted Profits tax is also worth replicating. Australia's national budget was delivered on Tuesday and treasurer* Scott Morrison's... Read more
227 related stories
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The Financial Express
FY16 direct tax mop-up misses target by over Rs 18,000 crThe all-India direct tax collections for fiscal 2016 have fallen short of the r
FY16 direct tax mop-up misses target by over Rs 18,000 cr
The Financial Express / Posted 4 minutes ago
The all-India direct tax collections for fiscal 2016 have fallen short of the revised tax target of Rs7, 52,021 crore by about Rs 18,000 crore, according to data accessed by The Indian Express. The Centre had, in February, lowered its direct tax... Read more
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The Financial Express
Indian rupee slides 6 paise against dollar to 66.61Dealers attributed the rupee’s fall to increased demand for the US currency fro
Indian rupee slides 6 paise against dollar to 66.61
The Financial Express / Posted 4 minutes ago
Dealers attributed the rupee’s fall to increased demand for the US currency from importers and dollar’s strength against other currencies overseas. (Reuters) The Indian rupee depreciated by 6 paise to 66.61 against the US currency in early trade... Read more
19 related stories
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Canberra Times
Icahn exits Apple, warns of 'day of reckoning'Billionaire activist investor Carl Icahn has confirmed he has sold his entire s
Icahn exits Apple, warns of 'day of reckoning'
Canberra Times / Posted 5 minutes ago
Billionaire activist investor Carl Icahn has confirmed he has sold his entire stake in Apple, citing the risk of China's influence on the stock. Icahn, in an interview with cable television network CNBC, also said he was "still very cautious" on the... Read more
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Canberra Times
RBA names Philip Lowe as next governorReserve Bank of Australia deputy governor Philip Lowe will replace outgoing chi
RBA names Philip Lowe as next governor
Canberra Times / Posted 5 minutes ago
Reserve Bank of Australia deputy governor Philip Lowe will replace outgoing chief Glenn Stevens, Treasurer Scott Morrison has told parliament. Philip Lowe, deputy governor of the Reserve Bank of Australia, right, speaks as Glenn Stevens, governor,... Read more
3 related stories
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iTWire
Malaysian Airlines commits to major software implementationAmadeus will supply a new Passenger Service System (PSS) - the Amadeus Altéa Su
Malaysian Airlines commits to major software implementation
iTWire / Posted 6 minutes ago
Amadeus will supply a new Passenger Service System (PSS) - the Amadeus Altéa Suite. It’s a huge step forward for Malaysia Airlines and will enable it to expand services in Australia and from its Kuala Lumpur hub as well as manage reservations,... Read more
3 related stories
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Kiama Independent
Reassessment after car park purchaseCouncil's general fund has been taking a bit of a hit this year and it's not a
Reassessment after car park purchase
Kiama Independent / Posted 9 minutes ago
Council's general fund has been taking a bit of a hit this year and it's not a bottomless pit The former Plumb Motors site in Auckland St, Bega, is to be turned into car parking after being purchased by council for $600,000. The purchase of the... Read more
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New Kerala
Indonesia, Malaysia, Philippines unite against Abu Sayyaf - newkerala.com #59167Jakarta, May 5 : The foreign ministers and military leaders of Indonesia, Malay
Indonesia, Malaysia, Philippines unite against Abu Sayyaf - newkerala.com #59167
New Kerala / Posted 13 minutes ago
Jakarta, May 5 : The foreign ministers and military leaders of Indonesia, Malaysia and the Philippines met on Thursday to agree on actions against the Abu Sayyaf extremist group. The summit was convened by Indonesia, and was held in Yogyakara, after... Read more
121 related stories
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ABC News
Asian Stocks Follow Wall Street Lower After Uneven US DataAsian stock markets drifted lower in holiday-thinned trade Thursday after some
Asian Stocks Follow Wall Street Lower After Uneven US Data
ABC News / Posted 13 minutes ago
Asian stock markets drifted lower in holiday-thinned trade Thursday after some uneven economic data sent investors into a holding pattern. KEEPING SCORE: Hong Kong's Hang Seng slipped 0.3 percent to 20,474.28 while the Shanghai Composite Index in... Read more
106 related stories
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The China Post
Lawmakers trim 'mismanaged' subsidy for rural hospitals TAIPEI, Taiwan -- Lawmakers have frozen part of a state budget that they said
Lawmakers trim 'mismanaged' subsidy for rural hospitals
The China Post / Posted 14 minutes ago
TAIPEI, Taiwan -- Lawmakers have frozen part of a state budget that they said was allowing a string of hospital investors to profit unfairly. A legislative committee today reviewed the National... Read more
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Sabah Daily Express
AirAsia Indonesia to end Bali-KK servicesKuala Lumpur: AirAsia Indonesia will end its thrice weekly Bali–Kota Kinabalu (
AirAsia Indonesia to end Bali-KK services
Sabah Daily Express / Posted 16 minutes ago
Kuala Lumpur: AirAsia Indonesia will end its thrice weekly Bali–Kota Kinabalu (KK) services, effective June 23, 2016. In a statement Wednesday, AirAsia Bhd Chief Executive Officer, Aireen Omar, said this was due to the stagnant market growth and... Read more
2 related stories
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Sabah Daily Express
R&A Teleco to acquire SSSB for RM150mKuala Lumpur: R&A Telecommunication Group Bhd plans to acquire the entire stake
R&A Teleco to acquire SSSB for RM150m
Sabah Daily Express / Posted 16 minutes ago
Kuala Lumpur: R&A Telecommunication Group Bhd plans to acquire the entire stake in Semua Shipping Sdn Bhd (SSSB) for RM150 million. In a filing to Bursa Malaysia Wednesday, R&A said, it has signed a non-binding term sheet with Semua International... Read more
2 related stories
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