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August 17, 2018 1:38 AM Low-carb diet linked to elevated mortality risk: Study

MIDDLE-aged people who get roughly half their daily calories from carbohydrates live several years longer on average than those with low-carb diets, researchers reported Friday. The findings, published in The Lancet, challenge a trend in Europe and North America toward so-called Paleo diets that shun carbohydrates in favour of animal protein and fat. Proponents 5

August 15, 2018 2:51 PM Public Bank posts 4.8% jump in Q2 net profit, declares 32 sen dividend

PETALING JAYA: Public Bank Bhd's net profit for the second quarter ended June 30, 2018 rose 4.8% to RM1.40 billion from RM1.33 billion a year ago due mainly to higher net interest income, higher income from Islamic banking business, lower loan impairment allowance and higher net fee and commission income. Revenue jumped 5.2% to RM5.44 billion compared 6

August 15, 2018 1:04 PM Focus on public-private tie-ups to achieve Vision 2020/25: IDC

KUALA LUMPUR: International Data Corporation (IDC) Asean is calling for the new government to focus on public-private collaborations to achieve Vision 2020/25. As the initial Vision 2020 set higher goals to transform the country’s society and economy, the public sector needs to step up to set the direction and planning towards building a balanced ecosystem 5

August 15, 2018 1:01 PM Petronas Gas Q2 earnings up 19.7%

PETALING JAYA: Petronas Gas Bhd’s earnings rose 19.7% to RM509.3 million in the second quarter (Q2) ended June 30 from RM425.3 million in the previous corresponding quarter in tandem with higher revenue. Revenue for the quarter grew 15.7% to RM1.36 billion, compared with RM1.17 billion in the same period last year, mainly contributed by the group’s new LNG regasification 5

August 15, 2018 5:01 AM Two policemen plead not guilty to corruption

KUANTAN: Two policemen pleaded not guilty in the sessions court here today to two counts of receiving bribe, totalling RM4,000, from a businessman, who was allegedly found in possession of smuggled cigarettes. Lance Corporal Shafiq Kharidan and Corporal Muhamad Nurlizam Ali, 32, both from the Traffic branch of the Kuala Lipis district police headquarters 5

August 14, 2018 8:14 AM Minimum wage increases to be implemented gradually: PM

KUALA LUMPUR: The implementation of the RM1,500 minimum wage will be carried out gradually to allow a recovery in the country's economy, said Prime Minister Tun Dr Mahathir Mohamad. He added that if Malaysia starts spending money which it does not have, it would not be good for the country in the long run. "If we push for higher minimum wages, cost of production 3

August 13, 2018 9:48 AM Bursa Malaysia ends lower on selling pressure

KUALA LUMPUR: Bursa Malaysia ended lower today on selling pressure across-the-board as market sentiment remained volatile due to external factors, dealers said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was lower at 1,783.40, down 22.41 points, from Friday's close of 1,805.75. The index opened 2.10 points lower at 1,803.65 and moved between 8

August 10, 2018 3:55 AM Gamuda shares rebound after accepting Splash takeover offer

PETALING JAYA: Gamuda Bhd’s share price rose 1.35% this morning after its 40%-owned associate company Syarikat Pengeluar Air Selangor Holdings Bhd (Splash) accepted the RM2.55 billion takeover offer. At 11.34am, the stock was 1.35% or 5 sen higher at RM3.76 with 1.83 million shares traded. The stock closed 3.6% or 14 sen lower at RM3.71 yesterday with some 4.55 million 6

August 8, 2018 3:44 AM Hartalega's share price rise 3.24% on higher Q1 profit

PETALING JAYA: Hartalega Holdings Bhd’s share price rose 3.24% this morning after the group reported a 29.6% rise in net profit for the first quarter ended June 30, 2018. At 11.38am, its share price was 3.24% or 20 sen higher at RM6.37 with 3.78 million shares traded, making it one of the top gainers. The group’s net profit for the quarter soared 29.6% to RM124.87 million 6

August 7, 2018 1:33 PM Hartalega’s Q1 profit up 29.6% on higher sales

PETALING JAYA: Hartalega Holdings Bhd’s net profit soared 29.6% to RM124.87 million for the first quarter ended June 30 compared with RM96.39 million, driven by higher sales volume and additional production capacity. The glove manufacturer said in a filing with the stock exchange that lower costs of nitrile, chemical and upkeep of plant and machinery 8