AirAsia Preliminary Operating Statistics For The 1st Quarter 2017

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KUALA LUMPUR, May 1 – AirAsia Berhad (“AirAsia” or “the Company”) is pleased to announce the operating statistics for the 1st Quarter 2017 (“1Q17”). In 1Q17, the Group posted load factor of 89%, up 3 percentage points (“ppts”) from the same period last year. The total number of passengers carried increased 8% year-on-year

Wintermar Offshore (WINS.JK) Reports Q1 2017 Results

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JAKARTA, Apr 28 – Wintermar Offshore Marine (IDX:WINS) has reported 1Q2017 financial results. Revenue from WINS fleet falls 39% YOY, reflecting the lagged effect of depressed oil prices in 2016. Overall Revenue including Chartering Division fell by 44% YOY to US$ 13.1 million compared to US$ 23.3million in 1Q2016. This was

Fujitsu Reports Fiscal 2016 Full-Year Financial Results

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TOKYO, Apr 28 – Fujitsu today reported profit for the year attributable to owners of the parent was 88.4 billion yen, representing an improvement of 1.7 billion yen from fiscal 2015. Consolidated revenue for fiscal 2016 was 4,509.6 billion yen. Excluding the impact of foreign exchange movements, revenue was essentially unchanged

Report on the Successful Demonstration of Innovative Basic Technologies For Future Optical Access Network “Elastic Lambda Aggregation Network”

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TOKYO, Apr 26 – Nippon Telegraph and Telephone Corporation, Hitachi, Ltd., Oki Electric Industry Co., Ltd., Keio University, KDDI Research, Inc. and Furukawa Electric Co., Ltd. have jointly challenged the advanced future network for 2030 and beyond by conducting innovative studies on “Elastic Lambda Aggregation Network”. Elastic Lambda Aggregation Network

Malaysia’s International Reserves Remain Strong

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KUALA LUMPUR, Apr 25 – Malaysia’s international reserves remain strong at RM423.2 billion or US$95.7 billion as of April 14. Deputy Finance Minister Senator Datuk Lee Chee Leong said the reserves level is sufficient to finance 8.2 months of retained imports and is 1.1 times the short term external debt. “At the

Ringgit Closes Higher Against US Dollar

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KUALA LUMPUR, Apr 20 – The ringgit closed slightly higher against the US dollar today as the greenback continued to lose ground on mounting concerns over the lower-than-expected US Consumer Price Index data released for March, and President Donald Trump’s tax reform promises. At 6 pm, the local unit was quoted

Bursa Malaysia Ends Firmer On Improved Regional Sentiment

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KUALA LUMPUR, Apr 20 – Bursa Malaysia reversed yesterday’s downtrend to close firmer today with interest mostly spotted in index-linked counters and banking-related stocks prompted by improved regional sentiment. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) finished 2.66 points higher at 1,741.61 against yesterday’s close of 1,738.95. The key index,

Hitachi, Hirotsu Bio Science To Collaborate In Research For The Practical Application Of Cancer Screening Using Nematodes

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TOKYO, Apr 19 – Hitachi, Ltd and Hirotsu Bio Science Inc. today announced that they have entered an agreement to collaborate on research for the practical application of cancer screening using nematodes. The two companies will conduct collaborative research to realize the practical application of HirotsuBio’s “N-NOSE” cancer screening method

GreenTree Group Infuses New Development Strength Into Daniang Dumpling; Daniang Dumpling Transitions From Private Equity To Corporate Holding

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HONG KONG, Apr 19 – Daniang Dumpling Catering Group Co., Ltd. (“Daniang Dumpling”), one of the largest Chinese fast food restaurant chains, recently announced that GreenTree Inns Hotel Management Group (“GreenTree Group”) completed the acquisition of Daniang Dumpling from CVC Capital Partners, and GreenTree Group has become the controlling shareholder

Bursa Malaysia To Consolidate Next Week

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KUALA LUMPUR, Apr 15 – Bursa Malaysia is expected to consolidate further next week given the soft regional backdrop, a dealer said. Affin Hwang Investment Bank Vice-President and Head of Retail Research, Datuk Dr Nazri Khan Adam Khan said the FTSE Bursa Malaysia KLCI (FBMKCLI) declined 1.2% the last two weeks as

Ringgit Expected To Strengthen Against US Dollar

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KUALA LUMPUR, Apr 15 – The ringgit is expected to strengthen against the US dollar next week, as sentiment for the greenback is expected to be influenced by geo-political tensions, a dealer said. Measures announced by Bank Negara Malaysia (BNM) to strengthen financial markets, including revising rules to allow investors to fully

HCK Capital Replies To Bursa Query

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PETALING JAYA, Apr 13 – HCK Capital Group Bhd said the recent rise in its share price and trading volume could be due to its share split and rights issue exercises, after it was queried by Bursa Malaysia yesterday. Last week, HCK, which is involved in the property, food, technology and media

Ringgit Closes Higher Against US Dollar

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KUALA LUMPUR, Apr 12 – The ringgit closed higher against the US dollar today as traders shifted their interests to Asian currencies, including the ringgit, on continued geopolitical tensions. At 6pm, the local unit stood at 4.4250/4300 against the greenback compared to 4.4310/4360 previously. A dealer said the greenback continued to remain

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