• Featured and Exclusive & World Biz  |  MARCH 4, 2015 10:43 AM

    Alibaba jumps into hotly contested cloub market

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    Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.

  • World Biz  |  MARCH 4, 2015 10:38 AM

    First non-Japanese VP candidate for Toyota

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    Toyota Motor Corp is poised to appoint its first non-Japanese vice president on April 1 to diversify its management, a report said Wednesday.

  • World Biz  |  MARCH 4, 2015 10:20 AM

    Apple, Google develop fixes for Freak security bug

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    Apple Inc and Google Inc said on Tuesday that they have developed fixes to mitigate the newly uncovered 'Freak' security flaw affecting mobile devices and Mac computers.

  • World Biz  |  MARCH 4, 2015 10:13 AM

    Sony said to debut virtual-reality headset in 2016

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    Sony Corp will begin selling its virtual-reality headset in the first half of 2016, according to Shuhei Yoshida, president of the company’s worldwide game studios.

  • Markets  |  MARCH 4, 2015 10:08 AM

    KL shares extend gains to open higher

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) extended yesterday's gains to open higher on continued buying momentum in selected heavyweights, dealers said.

  • Markets  |  MARCH 4, 2015 9:51 AM

    Ringgit opens higher on continued buying support

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    The ringgit opened higher against the US dollar today on continued buying support at 3.6240/6270 compared with 3.6250/5280 on Tuesday, a currency trader said.

  • Featured and Exclusive & World Biz  |  MARCH 4, 2015 9:45 AM

    M’sia 14th happiest economy in the world, survey finds

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    Malaysia is the 14th happiest economy in the world, according to Bloomberg's calculations of what's known as the "misery index".

  • Economy & World Biz  |  MARCH 4, 2015 9:43 AM

    PBOC to cut benchmark deposit, lending rates again

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    The People’s Bank of China will cut benchmark deposit and lending rates again next quarter as the economy slows, according to economists surveyed by Bloomberg.

  • Featured and Exclusive & World Biz  |  MARCH 4, 2015 9:26 AM

    Alibaba shares fall to lowest level since day after IPO

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    Alibaba Group Holding Ltd shares fell to their lowest level since debuting after rival online retailer Inc reported better-than-projected earnings, fuelling concern that Alibaba’s sales growth may be decelerating.

  • Featured and Exclusive & World Biz  |  MARCH 4, 2015 9:05 AM

    Japan tells Uber to halt free ride service

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    Uber Technologies Inc has been told to suspend a free ride service in Japan over the possible infringement of unlicenced-taxi restrictions, Kyodo News said on Tuesday, a blow to the company's hopes in a potentially big market.

  • World Biz  |  MARCH 4, 2015 8:40 AM

    Apple beats Samsung in global smartphone sales

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    Apple Inc sold the most number of smartphones globally in the fourth quarter, overtaking Samsung Electronics Co Ltd for the first time since 2011, according to research firm Gartner.

  • World Biz  |  MARCH 4, 2015 8:06 AM

    Yale has almost RM3.6 bil in cash, seeks new investments

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    Yale University is sitting on almost US$1 billion (RM3.6 billion) of cash in its endowment as the school seeks out new investments.

  • Enterprise & Issues  |  MARCH 4, 2015 8:00 AM

    Where will the Wolf go next?

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    We spent the last two parts of this series, meeting the Bookxcess Wolf and getting up the courage to actually spend the day with the howling book-loving critter. Finally, KiniBiz talks to Andrew Yap and Jacqueline Ng about the direction and plans they have for Bookxcess’ future, as well as the Big Bad Wolf sale.

  • Commodities  |  MARCH 4, 2015 7:38 AM

    Gold dips but holds above US$1,200/oz on softer dollar

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    Gold was down a shade on Tuesday, weighed by a brief bout of selling in choppy dealings after the metal had recovered from early losses that pulled it below US$1,200 an ounce.

  • Finance & Markets  |  MARCH 4, 2015 7:32 AM

    US dollar pulls back from 11-year peak ahead of ECB

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    The dollar touched an 11-year high against a composite of major currencies on Tuesday but gave up those gains ahead of major US economic reports and the coming European Central Bank meeting later this week.

  • StockStalk  |  MARCH 4, 2015 7:30 AM

    Ta Ann: Traction from timber earnings

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    Among the plantations planters, Ta Ann Holdings Bhd (Ta Ann) was one the few that managed to weather weakening crude palm oil (CPO) prices, thanks to its increased CPO production by 63% in 2014. Its timber base also supported sales, with average selling prices and output for both plywood and logs rising last year

  • Markets  |  MARCH 4, 2015 7:26 AM

    US stocks fall from records, led by technology stocks

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    US stocks finished down on Tuesday, a day after the S&P and Dow hit records, and the Nasdaq retreated with technology stocks.

  • Commodities  |  MARCH 4, 2015 7:13 AM

    Oil rebounds as Netanyahu blasts Iran

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    Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African nation.

  • Corporate & Featured and Exclusive  |  MARCH 3, 2015 11:18 PM

    ‘AmBank man quit for family, not over 1MDB’

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    AmBank Group managing director Ashok Ramamurthy is resigning because he wanted to be with his family in Australia, Ambank said.

  • Corporate  |  MARCH 3, 2015 9:42 PM

    Selangor to attract more S’pore investors

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    The Selangor state government will aggressively embark on a mission to attract more investors from Singapore to the state.