My Sinchew/ Business

China's overseas investment soars as FDI drops again

China's outbound investment more than doubled in August to $12.62 billion, data showed Tuesday, far outstripping foreign direct investment (FDI) into the country, which fell to a four-year low.

Channel NewsAsia launches Asia's first sustainability ranking for businesses

Regional broadcaster Channel NewsAsia (CNA), in partnership with CSR Asia and Sustainalytics, launched the Channel NewsAsia Sustainability Ranking for Asia's top businesses at the CSR Summit in Hong Kong today.

Aibaba roadshow bodes well for record-breaking IPO

Investors' fever toward the Alibaba Group during its roadshow and all the hype surrounding the Chinese e-commerce behemoth are boding well for its record-breaking initial public offering (IPO) in the U.S. market next week.

Malaysia's H1 growth among the best in the world: Husni

Malaysia's economic growth for the first half of this year was one of the best in the world, Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said.

US corporate sector supports Malaysia's membership in TPP

A high-profile delegation of 17 U.S. corporations which visited Malaysia on Sept 8-10, led by the Washington-based US-Asean Business Council (USABC), has expressed support for Malaysia's membership in the Trans-Pacific Partnership (TPP).

Further correction for local shares next week

Share prices on Bursa Malaysia are likely to join global stocks to correct further next week as a sense of spiking geopolitical risk and an uncertain economic climate may contribute to a lack of conviction.

Singapore tops in Asia for intellectual property protection

Singapore has retained its ranking as top in Asia and second in the world for intellectual property (IP) protection, according to the World Economic Forum's (WEF) Global Competitiveness Report 2014-2015.

Cooling measures slow down H1 property sales: REHDA

Sales of properties in Malaysia slightly declined in the first half of 2014 despite the high demand due to the cooling measures announced by the government in Budget 2014, says the Real Estate and Housing Developers' Association (REHDA).

July IPI up 6%

The Industrial Production Index (IPI) grew by 0.5 per cent in July 2014 compared with the same month last year, contributed by positive growth in the manufacturing and electricity indices.

Research houses maintain neutral call on plantation sector

Three research houses have maintained a 'neutral' rating on the plantation sector as Malaysia's palm oil inventory surged to 2.05 million tonnes in August 2014 after record-high production and lacklustre export growth.