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For hundreds of millions of people across the planet, soccer is the sport that matters most, and the World Cup, contested every four years, is the greatest sporting event, bar none. Yes, there’s the Olympics, if you insist — but that …
Facebook profits triple as revenues climb Facebook posted a 72% rise in first-quarter revenue Wednesday as its base of active users continued to grow. The social networking giant said it earne ... |
Quek surfaces in Alam Maritim Tycoon Quek Leng Chan has emerged in offshore vessel provider Alam Maritim Resources one week after buying into a Singaporean-listed offshore vessel s ... |
‘Khalid failed Selangor in water deal’ Syarikat Pengeluar Air Selangor (Splash), one of the major players in the water saga, have come out swinging against the federal takeover of the state ... |
1MDB, an unfolding disaster The delayed, much-awaited accounts of state investment fund 1Malaysia Development Holdings Berhad (1MDB) is finally available and KiniBiz pored over t ... |
1MDB: A disaster unfolding before our very eyes Many a talk has this and other Tigers had about that so-called strategic fund of ours, yes, 1Malaysia Development Berhad (1MDB). But the snowball just ... |
Time to take FTAs to Parliament The Malaysia-Turkey FTA, signed last week, will only kick in upon congressional approval in Turkey. In Malaysia it was immediately ratified as it only ... |
Maybank bags two corporate responsibility awards Malayan Banking Bhd (Maybank) bagged the Best Sustainability Report award at the Asean Corporate Sustainability Awards 2014 held in Manila, the Phil ... RAM reaffirms AA1/stable ratings on YTL Corp RAM Ratings has reaffirmed the AA1/stable ratings of YTL Corp Bhd’s RM500 million Medium Term Note (MTN) programme and MTN programme of up to ... Ringgit to trend lower by year-end The ringgit is expected to trade lower towards the year-end due to the outflow of emerging currencies, including the local unit, to the United State ... Genting pays RM3.2 mil to join NY gaming selection Genting Malaysia Bhd is now part of the selection process for a gaming facility in New York after paying an application fee of US$1 million (RM3.26 mi ... |
TAS Offshore records higher pre-tax profit in 3Q14 TAS Offshore Bhd’s pre-tax profit doubled to RM12.28 million in its third quarter ended Feb 28, 2014, from RM6.11 million in the same period las ... IHH clinches business license in China IHH Healthcare Bhd’s indirect wholly-owned subsidiary, Parkway (Shanghai) Hospital Management Ltd, has received a business licence from the Chin ... Berjaya Assets disposes of 14.6 mil ordinary shares in its unit Berjaya Assets Bhd’s unit Sublime Cartel Sdn Bhd has disposed of a total of 14.60 million ordinary shares of RM0.50 each in Berjaya Land Bhd. Th ... Bangkok-based Thai AirAsia X to fly to Seoul, Tokyo Bangkok-based unit budget airline AirAsia X will begin full-scale operations on June 17 ... |
“Moratorium can curb real estate speculation” The government has set a moratorium of 10 years on the Federal Territories Affordable Housing (Rumawip) projects and 1Malaysia Civil Servants Housin ... Rich buy real estate, poor want gold If you want to know what someone’s views of society are, ask what they believe is the best long-term investment. I am fascinated each year when Gall ... |
Axis REIT 1Q14 profits up 7%, RM31 mil for distribution Axis Real Estate Investment Trust (REIT) has posted a 7.3% increase in pre-tax profits for 1Q14 compared to the corresponding quarter last year. In a ... MKH “on track” to hit RM800 mil sales target, says MD Kajang-based property developer, MKH Berhad, expects its sales to hit RM800 million for financial year ending Sept 30, 2014 in conjunction with the ... |
TPM: IVM to groom 60 new technopreneurs Technology Park Malaysia Corporation Sdn Bhd, Malaysia’s leading and premier technology park and incubator, aims to groom 60 new technopreneurs th ... |
’9 programs through MaGIC to create entrepreneurs’ The government through the Malaysian Global Innovation and Creative Centre (MaGIC) has created nine programmes to brush up the entrepreneurial skill ... |
Hyundai profit misses estimates Hyundai Motor Co reported profit that missed analysts’ estimates, illustrating how Asia’s fastest-appreciating currency in the past year threatens ... Brazil’s top court clears way for Petrobras inquiry Brazil’s Supreme Court upheld late on Wednesday an opposition request for a congressional inquiry into alleged corruption at state-run oil com ... Apple CEO defies skeptics with sales surge, boosts buyback Apple Inc chief executive officer Tim Cook just bought himself more time to prove doubters wrong over the company’s growth prospects. Cook yesterday ... |
Toyota axes iQ production in Europe Toyota’s ingenious iQ microcar is being axed in Europe but will continue to be sold in North America and Japan, the company has announced. The ... Goldman backs case for holding commodities Goldman Sachs Group Inc said that the case for holding commodities in a portfolio remains strong, bolstering the rationale for investments in oil and ... The Economic Monster Called Deflation (This is the second in a three-part series.) In part one of this series, I wrote about the deflation specter that is haunting Europe. Central banker ... |
FinanceRinggit to trend lower by year-end The ringgit is expected to trade lower towards the year-end due to the outflow of emerging currencies, including the local unit, to the United State ... Public Islamic Bank gets go-ahead for RM5 bil sukuk Public Islamic Bank will issue a sukuk murabahah programme of up to RM5 billion after receiving the necessary approvals from Bank Negara Malaysia and ... |
EconomyThailand likely to see new govt in Q3, economy faces slow growth Thailand needs a new government with full power to drive the country’s economy towards strong growth, but it is likely to achieve that only in t ... Minimum wage order being reviewed for improvement The National Wages Consultative Council (NWCC) is in the process of reviewing the Minimum Wage Order 2012 towards improved and effective implementa ... |
An introduction to World Cup economics For hundreds of millions of people across the planet, soccer is the sport that matters most, and the World Cup, contested every four years, is the gr ... The Economic Monster Called Deflation (This is the second in a three-part series.) In part one of this series, I wrote about the deflation specter that is haunting Europe. Central banker ... Deflation is about to wallop Europe (This is the first in a three-part series.) The euro has been defying gravity for years. Europe’s Teutonic North and Club Med South were joined ... Rich buy real estate, poor want gold If you want to know what someone’s views of society are, ask what they believe is the best long-term investment. I am fascinated each year when Gall ... |
The First National Bank of Facebook The company that rebranded the word “friend” may soon take up a more ambitious makeover: the word “bank.” Facebook Inc is on t ... Thomas Piketty’s much-acclaimed book is all wrong Thomas Piketty's much-acclaimed book Capital in the Twenty-First Century says nearly nothing on the defining issue of our era. ... High tech fuels real estate prices The fact that technology is so powerful not only makes physical land more valuable; it also means that future employment growth will be concentrated a ... How can Yahoo be worth less than zero? Yahoo Inc is a public company consisting of a portfolio of whatever you think Yahoo is, a 35 percent stake in a separate but similar publicly traded c ... |
CommoditiesKLTM up to US$23,640 per tonne at close The Kuala Lumpur Tin Market (KLTM) closed US$60 higher at US$23,640 a tonne today, lifted by scattered buying from Japanese traders, a dealer said. ... Gold futures opens lower Gold futures contract opened lower this morning amid the rebound in equities, dealers said. At 9:35am, only two months were traded. April 2014 eased ... Oil futures slip on record US oil inventories Crude oil futures slipped on Wednesday after weekly data showed U.S. crude inventories hit a record high, though Brent managed to settle above $109 on ... |
MarketsKL shares extend losses at mid-day, CI down 1.31 points Shares on Bursa Malaysia continued their downtrend at mid-day today with the FTSE Bursa Malaysia KLCI (FBM KLCI)at 1,866.04, down 1.31 points. The b ... Asian stocks drop, US home sales unexpectedly plunge Asian stocks fell after an unexpected drop in US home sales signaled a housing recover in the world’s largest economy is running out of steam, while ... Share prices edge lower on banking counter losses Share prices on Bursa Malaysia continued to edge lower at mid-morning today due to losses in banking counters. The benchmark FTSE Bursa Malaysia KLCI ... |
LaunchesVolkswagen picks Beijing show for unveiling No less than four Volkswagen vehicles made their world premiere at the Auto China car show beginning today in Beijing ... Jetstar Asia launches Straight-To-Gate service in HK Jetstar Asia customers in Hong Kong will now be able to experience ‘Straight to Gate’, an enhanced web check-in service that offers customers with ... |
EventsVolkswagen picks Beijing show for unveiling No less than four Volkswagen vehicles made their world premiere at the Auto China car show beginning today in Beijing ... Product of the Year comes to Malaysia The Product of the Year recently hosted Jury Day for experts to examine the products that were then streamlined for final voting by 2,000 consumers in ... |
