• Commodities  |  APRIL 1, 2015 1:43 PM

    KLTM falls by US$330 to close at US$16,550 a tonne

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    The Kuala Lumpur Tin Market (KLTM) fell by US$330 to close at US$16,550 per tonne today on a technical correction, a dealer said.

  • Economy & World Biz  |  APRIL 1, 2015 1:40 PM

    China to build superhighway running through Pakistan

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    Over some of the world’s tallest peaks, across disputed terrain and through an insurgency that has killed more than 50,000 people lies what Pakistan hopes will be China’s newest route to Europe and beyond.

  • Opinion  |  APRIL 1, 2015 1:30 PM

    Unnecessary instability

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    PARIS – In normal life, technicalities are better left to technicians. A car owner does not need – or usually want – to bother to find out what exactly goes on under the hood. But when the car breaks down, …

  • Corporate  |  APRIL 1, 2015 1:27 PM

    CIMB downgrades Karex on shares dilution

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    Bank-backed research house CIMB IB has downgraded local rubber player Karex Bhd, on the back of an earnings dilution effect from a recent private placement, the proceeds of which will be used to fund two land acquisition deals. CIMB IB …

  • World Biz  |  APRIL 1, 2015 1:19 PM

    Alibaba’s logistics ally ZTO Express plans IPO in 2017

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    China’s ZTO Express, one of Alibaba Group Holding Ltd’s logistics partners, is aiming to go public in the next two years, while expanding both within China and internationally.

  • Corporate & Featured and Exclusive  |  APRIL 1, 2015 1:07 PM

    Ikea to absorb GST, prices remain unchanged

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    Ikea, operated by Ikano Pte Ltd, has reaffirmed that product prices in the 2015 Ikea Catalogue will remain the same, as before the implementation of the goods and services tax (GST).

  • Markets  |  APRIL 1, 2015 1:02 PM

    KL shares remain lower at mid-day

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    Shares on Bursa Malaysia remained lower at mid-day today on mild profit taking with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) 4.33 points easier.

  • Corporate & Featured and Exclusive  |  APRIL 1, 2015 12:38 PM

    Tiger on the prowl: Maybank looks for growth in Indonesia

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    Malayan Banking Bhd, Malaysia’s largest lender, is seeking to increase corporate lending and investment- banking activities in Indonesia to help shelter it from slower economic growth in its home country.

  • Corporate  |  APRIL 1, 2015 12:07 PM

    Weststar secures RM370 mil helicopter services contract

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    Weststar Aviation Services Sdn Bhd (WASSB) has secured a RM370 million contract to provide two AgustaWestland AW139 helicopters for Carigali Hess Operating Company and CarigaliPTTEPI Operating Company Sdn Bhd. In a statement today, Weststar said both companies would be utilising its new generation …

  • Corporate & Featured and Exclusive  |  APRIL 1, 2015 11:44 AM

    Proton reduces car prices with GST implementation

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    In light of the implementation of the Goods and Services Tax (GST) which comes into force today, Proton Holdings Bhd has announced the new prices for its models, with reduction of up to RM1,475, or 3.25%, per unit on selected variants.

  • Corporate & Featured and Exclusive  |  APRIL 1, 2015 11:33 AM

    PFI in RM26 bil debt, says PM

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    Pembinaan PFI Sdn Bhd (PFI), a company wholly owned by the Ministry of Finance, is in RM26.6 billion debt, according to prime minister Najib Abdul Razak in parliament.

  • Markets  |  APRIL 1, 2015 11:25 AM

    KL shares remain lower at mid-morning on profit taking

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    Shares on Bursa Malaysia remained lower at mid-morning on profit-taking, but, the FTSE Bursa Malaysia KLCI (FBM KLCI) managed to stay above the 1,820 points level.

  • Corporate & Featured and Exclusive  |  APRIL 1, 2015 11:21 AM

    RON97 pump price is at RM2.25 a litre after GST

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    The retail price of RON97 at RM2.25 a litre for April is inclusive of the Goods and Services Tax (GST) of 6%, according to the Finance Ministry.

  • Economy, Featured and Exclusive, Markets  |  APRIL 1, 2015 11:08 AM

    Equity fund shuns consumer stocks on GST concerns

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    Malaysia’s top-performing equity fund manager has been trimming holdings of consumer companies on concern the country’s new consumption tax will fuel a decline in household spending. The slump in consumer purchases will probably last another two quarters after data last …

  • Markets  |  APRIL 1, 2015 10:21 AM

    KL shares open lower on profit taking

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    Share prices on Bursa Malaysia gave up gains from Tuesday to trade lower in the early session today on profit taking.

  • Markets  |  APRIL 1, 2015 9:44 AM

    Ringgit opens higher against US$ on firm buying interest

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    The ringgit opened higher against the US dollar in the early session today on firm buying interest.

  • World Biz  |  APRIL 1, 2015 9:28 AM

    Amazon launches button for instant product ordering

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    Online retailer Inc has launched a hardware that allows its Prime members to order a product by pushing a button.

  • Economy & World Biz  |  APRIL 1, 2015 9:13 AM

    S Korea exports down, inflation lowest since 1999

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    South Korean exports fell the most in two years in March and inflation hit its lowest since 1999, weakening economic momentum and putting the central bank under pressure to cut interest rates again.

  • World Biz  |  APRIL 1, 2015 8:35 AM

    Judge approves sale of 1,700 RadioShack stores

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    The judge overseeing RadioShack Corp’s bankruptcy said he will approve the sale of about 1,700 stores to the chain’s biggest shareholder.

  • TigerTalk  |  APRIL 1, 2015 8:00 AM

    Cut the politics and seal water deal

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    The water restructuring in Selangor is set for another long standoff, with the state and Putrajaya now at loggerheads over the master agreement. Is the politics of water rearing its ugly head again?