<div class=newsTextDataWrapInner>SINGAPORE (Nov 7): Jardine Cycle &amp; Carriage (JC&amp;C), a holding company of Jardine Matheson, announced its earnings have nearly doubled to US$729 million (S$991 million) for the 9MFY19 ended September 2019, from US$374 million in 9M18.</div>

<div class=newsTextDataWrapInner>However, the surge was mainly due to net non-trading gains of US$115 million from unrealised fair value gains related to non-current investments. For the same period last year (9MFY18), there were net non-trading losses of US$300 million from unrealised fair value losses on these investments.</div>

<div class=newsTextDataWrapInner>Stripping the effect of these non-trading items, the group’s underlying earnings for 9MFY19 were 9% lower at US$614 million, compared with<a href="https://www.theedgesingapore.com/capital/results/jardine-ccs-9m-earnings-nearly-double-us729-mil-underlying-earnings-down-9-us614-mil" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (Nov 7): Jardine Cycle & Carriage (JC&C), a holding company of Jardine Matheson, announced its earnings have nearly doubled to US$729 million (S$991 million) for the 9MFY19 ended September 2019, from US$374 million in 9M18.

However, the surge was mainly due to net non-trading gains of US$115 million from unrealised fair value gains related to non-current investments. For the same period last year (9MFY18), there were net non-trading losses of US$300 million from unrealised fair value losses on these investments.

Jardine C&C's 9M earnings nearly double to US$729 mil, but underlying earnings down 9% to US$614 mil

MOSCOW/LONDON (April 26): Russia's central bank held its key interest rate at 16% for the third meeting running on Friday, but raised its inflation forecast for 2024, acknowledging for the first time that it may struggle to reach its 4% target this year.

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Matrix Concepts has unveiled the second phase of Resort Villa in Bandar Sri Sendayan, Seremban.

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US auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than two million vehicles announced in December to install new Autopilot safeguards is adequate.

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The chairman of Vietnam's parliament Vuong Dinh Hue has resigned over his "violations and shortcomings", its government said on Friday, in a new sign of political turbulence just weeks after the high-profile dismissal of the country's president.

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Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

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Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.

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Maxis Bhd could work with another consortium partner to lower the cost of deploying the second 5G network, even after the recapitalisation of Digital Nasional Bhd (DNB), said RHB Research in a note on Friday.

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Doctor-turned-businessman Tan Sri Mohan MK Swami and his partner Datuk Seri Dr Shamir Kumar Nandy agreed on Friday to acquire a 58% stake in property management company Turiya Bhd for RM52.86 million from MAA Group Bhd.

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RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.

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The country’s&nbsp;fifth-generation (5G) network&nbsp;adoption rate has reached nearly 36% as of mid-April, while the service coverage rate stood at 80.3% in February.

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Prime Minister Datuk Seri Anwar Ibrahim on Friday suggested all parties mentioned in a recent report&nbsp;alleging that the government is planning to issue&nbsp;a licence for a casino in&nbsp;Forest City, Johor, to take necessary action&nbsp;against the foreign news agency.

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RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.

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The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.

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The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.

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The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.