• Editor's Picks & Featured and Exclusive  |  NOVEMBER 1, 2014 10:30 AM

    Will iPhones make us godless, too?

    by KINIBIZ

    So the open secret is finally out — Apple Inc chief executive officer Tim Cook had openly admitted to being gay this week, adding that it is something he is proud of. In an article he wrote for Bloomberg Businessweek, …

     
  • Featured & Exclusive

    TNB earnings rise by a fifth as capex hits all-time high

     OCTOBER 31, 2014 7:02 PM by KHAIRIE HISYAM

    TNB saw its full-year net profits rise by a fifth in the financial year ended Aug 31 this year, mainly driven by lower taxes and write-backs for its s ...

     

    SP Setia confident of good response for Battersea phase 3

     OCTOBER 31, 2014 6:53 PM by BERNAMA

    SP Setia Bhd is confident that phase three of its Battersea Power Station development launched today will receive good response from buyers. ...

     
    Issues

    My experience as an intern

     OCTOBER 30, 2014 1:33 PM by VIOLET OOI

    Like any other final-year student, I dreaded the idea of having to spend eight hours a day sticking my face to a computer screen for three months. But ...

     

    Good and bad internship

     OCTOBER 29, 2014 3:55 PM by VIOLET OOI

    Much depends on luck. Get a good employer during your internship and you may well find a job, get a bad one and you are in for hard labour. For the en ...

     

    TigerTalk

    Will Eco World be M’sia’s first non O&G Spac?

     OCTOBER 31, 2014 2:46 PM by STEPHANIE JACOB

    Malaysia has four companies who have listed as special purpose acquisition companies (Spac) since the Securities Commission introduced the model. All ...

     

    What now for Perak Corp?

     OCTOBER 29, 2014 11:59 AM by KHAIRIE HISYAM

    Ten months on, it looks like Perak Corporation Bhd may not be going private after all. But what of the proposed new ventures that sparked the proposal ...

     
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    StockStalk

    HLI: A promising dividend play?

     OCTOBER 31, 2014 8:00 AM by G. SHARMILA

    Hong Leong Industries Bhd (HLI) is usually synonymous with Yamaha motorcycles and ceramic tiles. Some analysts seem to suggest that the company is a g ...

     

    Eco World: Malaysian sky is the limit

     OCTOBER 29, 2014 8:00 AM by KHAIRIE HISYAM

    If Eco World director Liew Kee Sin’s proposed blank-cheque listing eyeing the international property sector happens, Eco World would have a 30% equi ...

     
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    Corporate

    TNB to proceed with Track 4A power plant

     OCTOBER 31, 2014 8:57 PM by BERNAMA

    Tenaga Nasional Bhd (TNB) will proceed with the Track 4A power plant at Pasir Gudang and expects to finalise the project cost with the engineering, pr ...

     

    Maybank targets online trade financing for SME exporters

     OCTOBER 31, 2014 8:12 PM by BERNAMA

    Maybank aims to facilitate about RM5 billion in trade financing for Malaysian-based small medium enterprise (SME) exporters in the next three years. ...

     

    EPF appeals for right to vote on mega-bank merger

     OCTOBER 31, 2014 7:56 PM by REUTERS

    Malaysia's state pension Employees Provident Fund (EPF) has appealed after its bid to vote on the merger of CIMB Group Holdings with two smaller lende ...

     

    TNB earnings rise by a fifth as capex hits all-time high

     OCTOBER 31, 2014 7:02 PM by KHAIRIE HISYAM

    TNB saw its full-year net profits rise by a fifth in the financial year ended Aug 31 this year, mainly driven by lower taxes and write-backs for its s ...

     

    SP Setia confident of good response for Battersea phase 3

     OCTOBER 31, 2014 6:53 PM by BERNAMA

    SP Setia Bhd is confident that phase three of its Battersea Power Station development launched today will receive good response from buyers. ...

     

    Unisem sees upgrade on strong earnings

     OCTOBER 31, 2014 6:32 PM by XAVIER KONG

    Unisem (M) Bhd (Unisem) has been upgraded to a "buy" recommendation from a previous "neutral" recommendation by both MIDF Research and AllianceDBS Res ...

     

    Protasco board shields MD

     OCTOBER 31, 2014 6:26 PM by XAVIER KONG

    The board of directors of Protasco Bhd has refused to have managing director Chong Ket Pen answer any allegations of a RM10 million personal financial ...

     

    Miti to increase AEC engagement programmes

     OCTOBER 31, 2014 6:11 PM by BERNAMA

    The Ministry of International Trade and Industry (Miti) will increase its engagement programmes with the public, as it prepares for the coming Asean E ...

     
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    Property

    Melbourne skyscraper boom flags glut

     OCTOBER 30, 2014 3:29 PM by BLOOMBERG

    Australia’s second largest city is seeing its skyline being transformed at the fastest pace ever by Asian developers building residential towers. No ...

     

    GST will not cause house price to increase, says Abang Johari

     OCTOBER 29, 2014 6:30 PM by BERNAMA

    Prospective house buyers in Sarawak should not fall for the claims by developers that property prices will increase following the implementation of th ...

     
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    Enterprise

    Adabi may start pepper farm in Sarawak

     OCTOBER 22, 2014 4:46 PM by BERNAMA

    Adabi Consumer Industries Sdn Bhd may start its own pepper farm or a collection/buying centre in Sarawak in order to maintain the taste profile of its ...

     

    IOSCO proposes solutions for SMEs, infrastructure

     OCTOBER 3, 2014 4:35 PM by VIOLET OOI

    The International Organisation of Securities Commissions (IOSCO) has committed to opening the doors to capital market-financing for small and medium e ...

     
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    Singapore

    S’pore’s 3Q14 unemployment remains low

     OCTOBER 31, 2014 3:13 PM by BERNAMA

    Unemployment in Singapore in the third quarter of 2014 (3Q14) remained low and steady, with employment growth largely unchanged from the previous quar ...

     

    Fitch: S’pore casinos face regulation, competition

     OCTOBER 31, 2014 2:07 PM by XAVIER KONG

    Fitch Ratings has noted increased regional competition and potential changes to gaming policies as the reason the medium-term growth and profitability ...

     
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    World Biz

    American Realty ex-CFO forfeits RM115.1mil after error

     OCTOBER 31, 2014 10:00 PM by BLOOMBERG

    Brian Block, the former chief financial officer (CFO) of American Realty Capital Properties Inc who resigned after the company found errors in its fin ...

     

    BNP Paribas to join ECB’s targeted loan programme

     OCTOBER 31, 2014 9:46 PM by BLOOMBERG

    BNP Paribas SA, France’s largest bank, plans to borrow from the European Central Bank (ECB) through its programme of targeted long-term loans, said ...

     

    Exxon Mobil Q3 profit rises to RM26.5bil

     OCTOBER 31, 2014 9:37 PM by BLOOMBERG

    Exxon Mobil Corp said profit unexpectedly rose as lower crude prices boosted its income from making gasoline. ...

     

    Mercedes buys 25% of MV Agusta

     OCTOBER 31, 2014 9:30 PM by BLOOMBERG

    Mercedes-Benz is buying 25% of Italy’s MV Agusta Motor SpA as it follows luxury car competitor Audi AG into the motorcycle market. ...

     

    Chevron Q3 profit rises to RM18.4bil

     OCTOBER 31, 2014 9:23 PM by BLOOMBERG

    Chevron Corp raised third quarter profit for the first time in three years as refining oil into fuels buoyed returns amid the worst crude market of th ...

     

    BA owner confident on growth as rivals falter

     OCTOBER 31, 2014 7:49 PM by REUTERS

    The owner of British Airways and Iberia raised its forecast for profits this year, said it was on course for another rise in 2015, despite an increasi ...

     
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    Finance

    Maybank in tie-up to offer Islamic funds in China

     OCTOBER 31, 2014 3:04 PM by REUTERS

    A tie-up between Malaysian and Hong Kong asset managers aims to market Islamic funds in mainland China, helping expand sharia-compliant investment pro ...

     

    Japanese bonds advance after BOJ expands stimulus

     OCTOBER 31, 2014 2:36 PM by BLOOMBERG

    Japan’s government bonds rose, pushing 10- and 20-year yields to 18-month lows, after the central bank unexpectedly raised its target for monetary-b ...

     
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    Economy

    US consumer spending drops 0.2%

     OCTOBER 31, 2014 9:15 PM by BLOOMBERG

    Consumer spending in the US unexpectedly dropped in September as incomes rose at the slowest pace of the year, indicating the economy will have diffic ...

     

    Govt has 2 choices on falling crude oil prices

     OCTOBER 31, 2014 8:32 PM by BERNAMA

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

     
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    Opinion

    Somebody owns a lot of copper

     OCTOBER 28, 2014 3:10 PM by MATT LEVINE

    Let me tell you about copper. Copper is a metal that lives in the earth, and sometimes people pull it out of the earth and make it into pennies or wha ...

     

    Investment signals in a magazine cover

     OCTOBER 28, 2014 2:47 PM by BARRY RITHOLTZ

    One of the more infamous and misunderstood market signals is the magazine-cover indicator. Created by Paul Macrae Montgomery, this contrary indicator ...

     

    Three-way bank deal may need creative fix

     OCTOBER 28, 2014 1:41 PM by REUTERS

    Malaysia's three-way bank deal needs a creative fix. CIMB Group may have to offer a sweetener to seal a RM81 billion merger with two smaller rivals to ...

     

    Save the book publishers

     OCTOBER 28, 2014 12:18 PM by GUAN YANG

    Last week, Matt Yglesias wrote a piece with the headline, "Amazon is doing the world a favor by crushing book publishers." He thinks that "publishers ...

     
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    Commodities

    Mbop: M’sia palm stocks to ease in 2014, 2015

     OCTOBER 31, 2014 6:21 PM by REUTERS

    Malaysian palm oil stocks could drop 14% by the end of 2014 from 2.09 million at the end of last month, a senior official of the Malaysian Palm Oil Bo ...

     

    Rubber market closes mixed

     OCTOBER 31, 2014 6:09 PM by BERNAMA

    The Malaysian rubber market closed mixed today on reduced buying momentum, dealers said. ...

     
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    Markets

    Ringgit to trade cautiously against US$ next week

     OCTOBER 31, 2014 8:18 PM by BERNAMA

    The ringgit is likely to trade between 3.26 and 3.27 against the US dollar next week driven by overall sentiment surrounding the greenback, dealers sa ...

     

    Ringgit eases against US$

     OCTOBER 31, 2014 6:23 PM by BERNAMA

    The ringgit eased further against the US dollar at the close today following a positive US growth data, despite the stronger regional currencies, a de ...

     
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    Launches

    Tan Chong introduces new Nissan NV350 Urvan

     OCTOBER 31, 2014 3:37 PM by VIOLET OOI

    Edaran Tan Chong Motor Sdn Bhd (ETCM) today introduces the all-new Nissan NV350 Urvan (High Roof), a microbus with a 14-seater capacity. ...

     

    Kia unveils mild-hybrid engine for future line of cars

     OCTOBER 9, 2014 1:40 PM by DEUTSCHE PRESSE-AGENTUR

    South Korean carmaker Kia has come up with a cost-saving strategy to cut carbon-dioxide-emissions in its Optima T-Hybrid, a design study for a new die ...

     
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    Events

    China inks 59 pacts with 18 countries, regions

     OCTOBER 31, 2014 8:44 PM by BERNAMA

    China and 18 countries and regions along the Maritime Silk Road, including Malaysia, today signed 59 agreements worth 13.774 billion yuan (RM7.4 billi ...

     

    Matrade organises maritime mission to Dammam & Dubai

     OCTOBER 24, 2014 3:13 PM

    The Malaysia External Trade Development Corporation (Matrade) is organising a specialised marketing mission on maritime industry to Dammam, Saudi Arab ...

     
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