• Economy  |  OCTOBER 31, 2014 12:46 PM

    BNM: M’sia reserves remain usable and unencumbered

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    Malaysia's reserves remain usable and unencumbered as at end-September 2014, based on the detailed breakdown of international reserves under the International Monetary Fund's Special Data Dissemination Standard (SDDS) format.

  • Corporate & Featured and Exclusive  |  OCTOBER 31, 2014 12:14 PM

    MAS offers greater travel experience with MHupgrade

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    Malaysia Airlines is offering guests the opportunity to upgrade their seats by determining their own price through its latest product, MHupgrade.

  • World Biz  |  OCTOBER 31, 2014 11:59 AM

    Samsung unveils mid-tier handsets with premium feel

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    Samsung Electronics Co Ltd unveiled two new mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world's biggest smartphone market.

  • World Biz  |  OCTOBER 31, 2014 11:47 AM

    ‘Lenovo won’t stop at No. 3 in smartphone market’

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    Lenovo Group Ltd said its US$2.9 billion (RM9.5 billion) purchase of Motorola Mobility from Google Inc will help the company boost global smartphone sales and challenge market leaders Samsung Electronics Co and Apple Inc.

  • World Biz  |  OCTOBER 31, 2014 11:32 AM

    Fiat Ram head says technology reason for low consumer rank

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    Fiat Chrysler Automobiles NV’s Ram brand chief said cockpit technology was partly responsible for the marque’s ranking in the latest Consumer Report’s reliability study, which labelled Ram third-worst.

  • Markets  |  OCTOBER 31, 2014 11:28 AM

    KL shares extend morning gains on Wall St optimism

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    Bursa Malaysia extended its gains at mid-morning today as the overnight rise in Wall Street fuelled optimism in the local equities market.

  • Corporate & World Biz  |  OCTOBER 31, 2014 11:17 AM

    Volkswagen profit jump on record Audi and Porsche sales

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    Volkswagen's third quarter (3Q) earnings jumped as profit margins at its main passenger-car division rose for the first time in almost two years, adding to record sales of luxury Audis and Porsches.

  • World Biz  |  OCTOBER 31, 2014 11:12 AM

    Tokyo Disney Resort owner plans RM15 bil expansion

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    Oriental Land Co, owner of the Tokyo Disney Resort, announced plans for a 500 billion yen (RM15 billion) expansion of the Japanese resort.

  • Featured and Exclusive & World Biz  |  OCTOBER 31, 2014 10:59 AM

    Apple’s Tim Cook: ‘I’m proud to be gay’

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    Apple Inc CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as gay, saying he was trading his closely guarded privacy for the chance to help move civil rights forward.

  • World Biz  |  OCTOBER 31, 2014 10:56 AM

    Groupon hires advisers to find partners for Asia businesses

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    Groupon Inc is seeking partners for its operations in Asia, after its fourth-quarter forecast missed analysts’ estimates.

  • Markets  |  OCTOBER 31, 2014 10:09 AM

    KL shares open higher, tracking Wall Street’s gains

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    Bursa Malaysia opened higher in line with regional bourses, after overnight gains on Wall Street.

  • Corporate  |  OCTOBER 31, 2014 10:00 AM

    Starbucks shares tumble on poor Americas sales

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    Starbucks Corp's early re-launch of its popular Pumpkin Spice latte drink failed to heat up business at its US cafes, disappointing Wall Street and sending the company's shares down almost 5%.

  • World Biz  |  OCTOBER 31, 2014 9:57 AM

    Danone to buy 25% stake in China’s Yashili for RM1.8 bil

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    Dairy giant Danone SA will buy a 25% stake in Chinese milk powder maker Yashili International Holdings Ltd for US$550 million (RM1.8 billion) as it looks to increase its footprint in China's fast-growing dairy sector, the French firm said on Friday.

  • Markets  |  OCTOBER 31, 2014 9:43 AM

    Ringgit opens higher against US dollar

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    The ringgit opened higher against the US dollar propped up by buying interest following yesterday's decline, said a dealer.

  • Corporate & Singapore  |  OCTOBER 31, 2014 9:29 AM

    DBS posts third straight quarter of profit growth

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    DBS Group Holdings Ltd, Southeast Asia’s largest bank, posted a third straight quarter of profit growth as higher fees from wealth management and investment banking offset the slowest loan expansion in almost two years.

  • Corporate & World Biz  |  OCTOBER 31, 2014 8:55 AM

    Citigroup shares dip 2% as 3Q profit revised to RM9.2 bil

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    Citigroup Inc said it was setting aside an extra US$600 million to cover legal expenses in the third quarter due to "rapidly evolving regulatory inquiries," while also disclosing that it was subject to foreign exchange market probes.

  • World Biz  |  OCTOBER 31, 2014 8:46 AM

    Android co-founder Andy Rubin leaving Google Inc

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    Google Inc executive Andy Rubin, the co-founder of mobile-operating system Android, which is now the dominant software for smartphones, is leaving the company.

  • World Biz  |  OCTOBER 31, 2014 8:27 AM

    LindkedIn 3Q revenue rise 45%, driven by hiring business

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    Revenue at LinkedIn's hiring business, called Talent Solutions, rose 45% in the third quarter (3Q) ended Sept 30, representing 61% of total revenue.

  • Commodities  |  OCTOBER 31, 2014 8:06 AM

    Gold falls 1%, Silver tumbles to 4-year low on strong US data

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    Gold fell 1% to US$1,200 (RM3,923.29) an ounce and silver plunged to its lowest level in more than four-and-a-half years on Thursday, hit by strong third-quarter (3Q) US economic growth and worries the Federal Reserve might raise interest rates sooner than expected.

  • StockStalk  |  OCTOBER 31, 2014 8:00 AM

    HLI: A promising dividend play?

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    [email protected]

    Hong Leong Industries Bhd (HLI) is usually synonymous with Yamaha motorcycles and ceramic tiles. Some analysts seem to suggest that the company is a good dividend play, especially following the recent completion of its restructuring exercise. But is it really worth investors’ time of day?