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  • OTHERS  |  JANUARY 27, 2016 4:20PM

    With China weakening, Apple turns to India

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    As red-hot sales in China show signs of cooling, Apple Inc executives are touting India’s growing appetite for iPhones. In an earnings call in which the company reported meager iPhone growth and forecast its first revenue drop in 13 years, …

     
  • OTHERS  |  JANUARY 27, 2016 11:40AM

    KINIBIZ to shut down on Feb 1

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    Independent business news publication KINIBIZ will close on Feb 1, 2016, nearly three years after it started, after an unfruitful search for new investors. The search began in mid-2015, shortly after the subscription-based business news portal launched its fortnightly print …

     
  • OTHERS  |  JANUARY 17, 2016 8:05PM

    TPPA to bring in USD100 bil investment by 2027

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    Malaysia is expected to receive an additional investment of over US$100 billion (RM440 billion) by 2027 with the  implementation of the Trans-Pacific Partnership Agreement (TPPA), said International Trade and Industry Minister Mustapa Mohamed. He said the projected investment figure is from a …

     
  • OTHERS  |  JANUARY 16, 2016 4:30PM

    Ringgit to trade sideways against USD

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    The ringgit is expected to trade sideways against the US dollar next week on concerns over plummeting oil prices amid fragile global sentiment, analysts said. The benchmark Brent crude oil price hovered near 12-year lows and traded at US$30.54 at 5 pm on …

     
  • OTHERS  |  JANUARY 15, 2016 11:42AM

    KL shares remain higher at mid-morning

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    Bursa Malaysia remained higher at mid-morning, lifted by gains in bluechips as traders took cues from the overnight rallies in Wall Street and oil prices. At 11.14 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.35 points better at 1,637.79, compared …

     
  • OTHERS  |  JANUARY 15, 2016 10:41AM

    Hon Hai to up investment offer for Sharp to RM26 bil

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    Taiwan’s Hon Hai Precision Industry Co is set to offer to invest about 700 billion yen (RM26 billion) in Sharp Corp, the Yomiuri daily reported, upping its proposal and sending shares in the troubled Japanese display maker soaring. Hon Hai, …

     
  • Commodities, OTHERS  |  JANUARY 14, 2016 3:41PM

    Thai govt to buy rubber, but below price farmers want

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    Thailand’s government said on Thursday it will buy 100,000 tonnes of rubber to help support farmers hurt by a price slump to near seven-year lows, although it set an offer price well below the level demanded by the politically powerful group. Farmers in the …

     
  • OTHERS  |  JANUARY 11, 2016 5:32PM

    KINIBIZ Magazine: State of the World

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    Issue 019 of KINIBIZ Magazine hits the stands today with it’s cover story focusing on the the State of the World. We begin 2016 by looking at the state of the world. The world is indeed becoming smaller and smaller. …

     
  • OTHERS, World Biz  |  JANUARY 11, 2016 12:00PM

    VW new catalytic converter may fix 430,000 US cars

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    Volkswagen AG will propose to US authorities a new catalytic converter system that could be fitted to about 430,000 cars capable of cheating diesel emissions tests, chief executive Matthias Mueller said on Sunday.

     
  • OTHERS  |  JANUARY 9, 2016 1:50PM

    Ringgit to remain volatile; negative sentiment

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    The ringgit is expected to remain volatile next week, driven by negative sentiment brought by China’s shrinking economy and continued worries over commodity prices, dealers said. Affin Hwang Investment Bank Vice-President/Head of Retail Research Nazri Khan Adam Khan said the local unit …

     
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