CIMB Group Holdings Bhd, Malaysia’s second-largest lender, plans to cut about 50 jobs in Asia to trim costs, people familiar with the plan said. CIMB said to cut 50 jobs across Asia to reduce costswww.kinibiz.comThe reductions involve mostly equities-related positions in places including Hong Kong, …

UPDATED: FREE – AirAsia X Bhd plans routes to “exotic” destinations including Hawaii while dropping unprofitable ones to meet its forecast of returning to profit this year. Flights to Adelaide and Nagoya will be scrubbed and Sydney trips will be less frequent. AirAsia X plans route to Hawaii t …

Australia’s Qantas Airways Ltd on Thursday reported its best first-half profit in four years as its cost-cutting programme bore fruit and lower oil prices trimmed fuel expenses. Qantas rebounds with a stunning RM1 bil profitwww.kinibiz.comAustralia's Qantas Airways Ltd on Thursday reported its …

Auditor rapped over 1MDB-Petrosaudi deal PJ Utara MP wants KPMG to explain failure to red-flag allegedly suspicious venture. Auditor rapped over 1MDB-Petrosaudi deal Malaysiakini’s Facebook Wall

Anwar has little to lose in seeking pardon FREE YOURSAY ‘If rejected, he wins more sympathy, if granted, he wins…’ Anwar has little to lose in seeking pardon Malaysiakini’s Facebook Wall

If you were Anwar, what would you do? FREE YOURSAY ‘When the system fails you, what else can you do?’ If you were Anwar, what would you do? Malaysiakini’s Facebook Wall

State utility player Tenaga Nasional raised its takeover offer price for port operator Integrax by 18% to RM3.25 per share, meeting the price demanded by a leading shareholder who refused its original offer. Tenaga relents to demand for 18% higher Integrax pricewww.kinibiz.comState utility player Te …

Genting Plantations posted profit after tax of RM220 million for its financial year ended Dec 31, 2014, up 75% from the previous year. Profits were on the back of RM1.6 billion revenue, up 19% year-on-year while earnings per share rose 64% to 49.33 sen. Genting Plantations’ FY14 profit up 75%www.kin …

Brothers’ stand indicate rift in Najib’s family? PMO stands accused of tainting their father, says a veteran newsman. Brothers’ stand indicate rift in Najib’s family? Malaysiakini’s Facebook Wall

The maintenance fees for residential stratified properties, namely people housing projects, apartments, and condominiums would be exempted from the GST, Deputy Finance Minister Ahmad Maslan said. Residential stratified property maintenance fees GST-exemptwww.kinibiz.comThe maintenance fees for resid …

Utusan Melayu (Malaysia) Bhd’s pre-tax loss expanded four-fold to RM82.64 million in the financial year ended Dec 31, 2014 from RM20.39 million previously, due to lower revenue and higher impairment charges on trade and other receivables. Utusan's FY14 pre-tax loss increases fourfoldwww.kinibiz …

Media Prima Bhd posted a sharply lower pre-tax profit of RM101.44 million for the financial year ended Dec 31, 2014, down from RM289.98 million a year ago. Media Prima posts sharply lower profit of RM101 milwww.kinibiz.comMedia Prima Bhd posted a sharply lower pre-tax profit of RM101.44 million for …

In its February report on Malaysia’s economic outlook, UBS Global Research spelled it out in one sentence: “Whatever growth was in Q4 – it’s likely to get worse.” Even less growth expected in 2015www.kinibiz.comIn its February report on Malaysia’s economic outlook, UBS Global Research spelled it out …

Minister: Rumours of Lee Kuan Yew's death untrue He is in hospital with severe pneumonia and is concious but slightly sedated. Minister: Rumours of Lee Kuan Yew's death untrue Malaysiakini’s Facebook Wall

BN opts out of Chempaka to focus on flood aid The by-election on March 22 was triggered by the death of PAS leader Nik Aziz Nik Mat. BN opts out of Chempaka to focus on flood aid Malaysiakini’s Facebook Wall