KUALA LUMPUR, Jan 21 – Maybank Investment Bank Bhd (Maybank IB) is issuing eight new European style cash settled call warrants over ordinary shares, with an issue size of 100 million each. In a statement here Wednesday, Maybank IB said the structured warrants, which will be listed today, were issued
KUALA LUMPUR, Jan 20 – Datuk Seri Anwar Ibrahim will be recalled to testify in his defamation suit against Foreign Minister Datuk Seri Anifah Aman after the High Court here allowed the minister’s application to amend his statement of defence relating to the allegation that the opposition leader had offered
KUALA LUMPUR, Jan 21 – RHB Research Institute says it believes the visa fee waiver for tourists, including from China, announced by Prime Minister Datuk Seri Najib Tun Razak yesterday would boost tourist arrivals. The research house said visa appplicants could potentially save an average of RM50 per application. “As of
PARIS, Jan 21 – French anti-terror prosecutors sought on Tuesday to charge four men in connection with the attacks in Paris that left 20 people dead, which would be the first suspects charged in the country’s bloodiest terrorist attacks in decades. The four men awaited an anti-terror judge’s decision early Wednesday on
SHAH ALAM, Jan 21 – Eight former contract officers of former Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim will face legal action if they fail to return the severance payments of RM2.3 million which they accepted from the state government. Selangor Menteri Besar Mohamed Azmin Ali said the decision to take
SAN FRANCISCO, Jan 21 – Facebook has a new fix for fibs. The Menlo Park, California-based social media company yesterday said it has updated its service to reduce the number of hoaxes that appear in users’ news feeds. Facebook said it would step up efforts to limit circulation of bogus “news stories” in
KUALA LUMPUR, Jan 21 – Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has announced its effort to continue develop the MRT Line 2, this year. This has emerged following the government’s decision to review Budget 2015 due to the latest global economic climate as well as maintain MRT Corp development expenditures
KUALA LUMPUR, Jan 21 – The Domestic Trade, Co-operatives and Consumerism Ministry (KPDNKK) has urged transport operators especially school bus operators to lower the fares in line with the drop in petrol and diesel retail prices. KPDNKK enforcement director Mohd Roslan Mahayudin said this was because the bus operators were among those
PARIS, Jan 21 – The city of Paris said Tuesday it plans to sue US chain Fox News for reports that there were “no-go zones” in the French capital that police and non-Muslims avoid. The reports in the wake of the Islamist attacks in Paris two weeks ago have been widely derided
KUALA LUMPUR, Jan 21 – The ringgit extended its losses against the US dollar on selling pressure amid concerns over the country’s economic growth, dealers said. At 9 am, the ringgit was quoted at 3.6220/6250 against 3.6060/6730 at 5pm yesterday. A dealer said the market was reacting to the adjustments in economic targets
PUTRAJAYA, Jan 21 – Datuk Seri Najib Tun Razak, Prime Minister of Malaysia will be leading the Malaysian delegation to the Annual Meeting of the WEF which will be held in Davos, Switzerland from 21 until 24 January 2015. YAB Prime Minister will be accompanied by Datin Sri Rosmah Mansor;
BEIJING, Jan 21 – China has raised the wages of government workers by at least 31%, according to a document seen by Reuters today, as part of efforts to combat corruption and lift the spending power of millions as the country seeks to increase consumption. The basic salaries of some civil
NEW DELHI, Jan 21 – A court here today ordered the government to unblock thousands of dollars of Greenpeace India’s funds after they were frozen following accusations that foreign-funded campaign groups were hurting India’s economy. Prime Minister Narendra Modi’s government tightened controls on foreign fund transfers to Greenpeace India in June following
WASHINGTON, Jan 19 — The Obama administration has revamped its digital communications strategy in an attempt to reach new audiences for the State of the Union speech — a classic old-media event — and sidestep the skeptical filter often applied by White House reporters. President Obama’s aides have drafted a team of
There is a ritual on State of the Union night in Washington. A little before the address, the White House sends out an embargoed copy of the President’s speech to the press (embargoed means that the press can see the speech, but they can’t report on it until a designated
JAKARTA, Jan 21 – The Indonesia AirAsia plane that crashed into the Java Sea last month with 162 people on board had climbed at a speed that was higher than normal and then stalled, Indonesia’s transport minister said Tuesday. “In the final minutes, the plane climbed at a speed which was
KUALA LUMPUR, Jan 21 – Opposition leader Anwar Ibrahim was ordered to come to court on Feb 17 to answer allegation that he offered RM100 million to Foreign Minister Datuk Seri Anifah Aman to party-hop in 2008. This arose when the High Court this afternoon allowed Anifah’s bid to insert the
KUALA LUMPUR, Jan 21 – Defence Minister Datuk Seri Hishammuddin Hussein denied having sent a letter to the Federal Bureau of Investigation (FBI) of the United States for any party, The Malaysian Insiderreported today. His denial contradicted an earlier statement made by Home Minister Datuk Seri Ahmad Zahid Hamidi pertaining to the controversy
KUALA LUMPUR, Jan 21 – There is no need to be in quandaries amidst the fluctuating oil prices and slump in ringgit value. This is because our economic fundamentals and banking systems are very strong, said Malaysian Economic Association (MEA) president, Tan Sri Mohd Sheriff Mohd Kassim. “It is very reassuring to
Queensbay Mall is warming up the excitement to usher in the Lunar New Year that marks the beginning of an auspicious Spring season. The Mall’s Central Atrium has been transformed to flaunt a glorious palace with bold gardens, flourishing plants and blossoming flowers. The elaborated decoration boasts a magnificent landscape to
