Mon12222014

LAST_UPDATEMon, 22 Dec 2014 11am

Perodua Axia Gets 44,000 Bookings, Exceeding Target

PeroduaRAWANG: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) says bookings for its newly launched Axia have hit 44,000 units, exceeding the earlier target of 30,000 by year-end.

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IFSB Issues 2 Exposure Drafts For Public Consultation

File picKUALA LUMPUR: The Islamic Financial Services Board (IFSB) has issued two new Exposure Drafts (ED) and invites comments from regulatory and supervisory authorities, international organisations, market players, academics and other interested parties.

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Electrify-Ing TNB

Pic: NSTRM6.4b PROFIT: Utility giant attributes performance to lower tax and softer coal and oil prices

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Govt Has 2 Strategies If Global Crude Oil Price Keeps Falling - Ahmad Maslan

Pic: AstroAwaniPONTIAN: The government has two choices to implement if the global crude oil price continues to show a downtrend, said Deputy Finance Minister Datuk Ahmad Maslan.

Read more: Govt Has 2 Strategies If Global Crude Oil Price Keeps Falling - Ahmad Maslan

Europe's Bank Test Celebrations Mask Mounting Challenges

Photo: ReutersInvestors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders.

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Russia Raises Interest Rates To 9.5%

Russia's central bank has raised its key interest rate to 9.5% from 8% as it seeks to tackle inflation.

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S&P 500 Rallies To Record After Japan Boosts Economic Stimulus

Photographer: Richard Drew/AP PhotoU.S. stocks jumped, sending benchmark indexes to records, as an unexpected boost in stimulus from the Bank of Japan spurred optimism in the global economy.

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TNB FY13 Net Profit Increases To RM6.4b

Tenaga Nasional Bhd’s net profit for financial year ended Aug 31, 2014 increased to RM6.4 billion from RM5.4 billion in the last financial year. — Reuters picKUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) net profit for financial year ended Aug 31, 2014 increased to RM6.4 billion from RM5.4 billion in the last financial year.

Read more: TNB FY13 Net Profit Increases To RM6.4b

GST Still Applies In Labuan

Pic: www.wanista.comLABUAN: Even though the island off Sabah enjoys duty free status, Labuan will not be fully exempted from implementation of the Goods and Services Tax (GST) from April next year.

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Malaysia Wins Dispute Over Development Charges For KTM Land In Singapore

Pic: The Malay Mail OnlineKUALA LUMPUR: A tribunal has ruled that Singapore must not impose development charges on a parcel of Malaysian Railways (KTM) land which was to be jointly developed by the Republic and Malaysia.

Read more: Malaysia Wins Dispute Over Development Charges For KTM Land In Singapore