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  • Apple pushes launch of HomePod smart speaker to early 2018

    November 17, 2017 4:50 PM 5

    REUTERS: Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday. "We can't wait for people to experience HomePod ... but we need a little more time before it's ready for our customers. We'll start shipping in the US, UK and Australia in early 2018," an Apple spokeswoman said via email

  • Trump tax overhaul adopted by House, on to Senate

    November 16, 2017 6:33 PM 5

    WASHINGTON: House Republicans delivered a first-step victory on Thursday (Nov 16) to US President Donald Trump by passing a landmark tax overhaul, but the debate now shifts to the Senate, where a narrower path to success awaits. The House of Representatives voted 227 to 205, with all Democrats and at least 13 Republicans opposed, to pass the legislation

  • Sime Darby unit to sell loan stocks in Prolintas to PNB

    November 16, 2017 2:33 PM 6

    Sime Darby said the sale and transfer would not have a material effect on its earnings per share, net assets per share, gearing, share capital and its substantial shareholders’ shareholding for the financial year ending June 30, 2018. — Reuters pic KUALA LUMPUR, Nov 26 — Kumpulan Jelei Sdn Bhd, an indirect wholly-owned unit of Sime Darby Bhd, has signed

  • American Express unveils blockchain-enabled payments

    November 16, 2017 1:23 PM 10

    The Ripple network will help connect US customers to the UK, Amex said. — Reuters pic NEW YORK, Nov 16 — American Express today said it was working with Ripple, a blockchain solutions provider, to enable cross-border payments in partnership with Santander UK. The card issuer said its foreign exchange international payments business will make blockchain-enabled

  • Amanah Harta Tanah PNB REIT's Q3 net profit jumps 77%

    November 16, 2017 11:47 AM 5

    PETALING JAYA: Amanah Harta Tanah PNB real estate investment trust (REIT) saw a 77% jump in net profit for the third quarter ended Sept 30, 2017 on rental income from newly acquired Mydin Seremban 2. The REIT made a net profit of RM2.43 million for the quarter compared with RM1.37 million for the corresponding quarter last year. This came on the back of a 71% increase

  • Ringgit ends marginally lower

    November 16, 2017 10:53 AM 9

    KUALA LUMPUR: The ringgit ended marginally lower against the US dollar today as traders were on standby mode, awaiting the release of Malaysia's third quarter Malaysia's gross domestic product (GDP) results tomorrow. At 6 pm, the local unit was traded at 4.1750/1780 against the greenback from 4.1730/1760 on Tuesday. OANDA Head of Trading Asia-Pacific

  • Global sukuk likely to hit US$90b this year

    November 16, 2017 4:52 AM 7

    KUALA LUMPUR, Nov 16 — Global sukuk issuance will likely reach US$85 billion-US$90 billion (RM356-377 billion) in 2017, driven by stronger issuance from Saudi Arabia, Malaysia, Qatar, Bahrain and Oman. Notably, sukuk issuance was significantly boosted by the Gulf Cooperation Council (GCC), according to local rating agency RAM Rating Services Bhd in a statement

  • Voir unit bags RM80m sub-contract

    November 16, 2017 4:29 AM 5

    PETALING JAYA: Voir Holdings Bhd’s wholly owned subsidiary Million Twilight Sdn Bhd has bagged a RM80.4 million office blocks, shop lots and recreational centre job in Semenyih, Selangor, from Kuasa Lumpadang Sdn Bhd. The sub-contract is for reinforced concrete and mechanical works on a back-to-back basis to the main contract. The construction period

  • AirAsia lauds Changi T4 as model airport of the future

    November 16, 2017 4:29 AM 6

    SINGAPORE: AirAsia this morning announced its plan to enhance air travel experience through digitalisation, setting Singapore Changi Airport Terminal 4 (T4) as the model airport of the future for low-cost carriers (LCC). AirAsia will use data from its operations at Changi T4, which boasts the Fast and Seamless Travel (FAST) system, as an ongoing case study

  • Sapura Energy's shares rise after bagging contracts worth RM1.47b

    November 16, 2017 3:37 AM 5

    PETALING JAYA: Sapura Energy Bhd’s share price rose 2.14% this morning after clinching five contracts with a total value of RM1.47 billion. At 11.12am, its share price rose 2.14% or 3 sen to RM1.43 with a total of 7.44 million shares traded. The stock closed 5 sen or 3.4% lower at RM1.40 yesterday. Yesterday, the oil and gas firm told Bursa Malaysia