• World Biz  |  SEPTEMBER 17, 2014 3:23 PM

    Airbus to keep A380 build rate as deals remain elusive

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    Airbus Chief Executive Officer Fabrice Bregier said the company can maintain a production rate of almost 30 A380 a year even amid slack demand, and will seek to build fresh interest with superjumbos coming off lease. Bregier, speaking at the …

  • Corporate  |  SEPTEMBER 17, 2014 3:20 PM

    Mercedes mulls price cut after introduction of GST

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    Mercedes-Benz Malaysia Sdn Bhd vice president of sales and marketing, Kai Schlickum says that the introduction of the Goods and Services Tax (GST) next year is likely to reduce the prices of Mercedes Benz cars.

  • Finance  |  SEPTEMBER 17, 2014 3:12 PM

    Asya sukuk world’s worst as Erdogan fuels feud

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    A feud between Turkish President Recep Tayyip Erdogan and a US-based Islamic cleric has made sukuk from Asya Katilim Bankasi AS the worst-performing in the world. Debt from the Shariah-compliant lender known as Bank Asya, which was founded by followers …

  • Corporate, Economy, World Biz  |  SEPTEMBER 17, 2014 3:10 PM

    Telenor says good regulators spur M’sian telco growth

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    Norways’s Telenor Group, a parent company of Digi Telecommunications Bhd, sees Malaysia having the potential of higher penetration in terms

  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 2:52 PM

    Sony widens loss forecast amid smartphone competition

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    Sony Corp. widened its full year net loss forecast to 230 billion yen (RM6.9 billion) from a 50 billion yen loss and suspended its dividend after writing down the value of its smartphone business. Shares fell in German trading. The Tokyo-based …

  • Commodities & Corporate  |  SEPTEMBER 17, 2014 2:34 PM

    M’sia, Indonesia eye Indian vegetable oil mart- report

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    Malaysia and Indonesia, the world’s major producers of vegetable oil, are eyeing India’s US$10 billion market, Business Standard reported. “Both are competing in export policy, making India a dumping ground for palm oil,” the Solvent Extractors’ Association’s (SEA) executive director, …

  • World Biz  |  SEPTEMBER 17, 2014 2:20 PM

    Goldman sees surprising Chinese demand for HK stocks

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    Chinese purchases of Hong Kong stocks through a planned exchange link may exceed estimates as individual investors buy casino and tech shares

  • Finance & World Biz  |  SEPTEMBER 17, 2014 2:17 PM

    Draghi stimulus has differing effects on Sweden and Norway

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    European Central Bank (ECB) president Mario Draghi’s efforts to revive the euro area could trigger diverging responses from policy makers in Sweden and Norway. While the ECB’s rate cut and asset-buying programme will mean cheaper funding for banks in both …

  • World Biz  |  SEPTEMBER 17, 2014 2:13 PM

    Wal-Mart firings chill whistle-blowers- Xinhua commentary

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    Wal-Mart Stores Inc. sent a chilling message to whistle-blowers by firing four Chinese staff who accused it of food-safety violations, and authorities should intervene, a state-media commentary said. “Relevant authorities need to step in quickly, and not let such suspected …

  • Finance & World Biz  |  SEPTEMBER 17, 2014 2:06 PM

    Analysts diverge on China’s credit injection

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    Just a normal banking-system operation to cope with a brief liquidity shortage? Or a secretive move to shore up growth as China faces up to the danger of a hard landing for its economy? As economists in China woke up …

  • Markets  |  SEPTEMBER 17, 2014 1:10 PM

    KL shares slightly lower are mid-day

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session 3.68 points or 0.20% easier at 1,843.62, dragged down by losses in selected blue chips.

  • Launches  |  SEPTEMBER 17, 2014 1:05 PM

    CIMB Niaga-Air Asia BIG Card to target travellers

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    PT Bank CIMB Niaga Tbk (CIMB Niaga), PT Indonesia AirAsia (AirAsia Indonesia) and Think BIG Digital Sdn Bhd (BIG) launched the CIMB Niaga AirAsia BIG co-branded credit card in Jakarta yesterday. Themed “Holiday On Us” the card aims to target …

  • Opinion  |  SEPTEMBER 17, 2014 1:04 PM

    Faulty wells, not fracking, cause water pollution

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    As it turns out, fracking doesn’t necessarily pollute the water supply. But the wells used for fracking might. The distinction matters because drilling companies know how to make wells more reliable, even if all the effects of the fracking process …

  • Commodities  |  SEPTEMBER 17, 2014 1:04 PM

    KLTM closes US$100 higher on technical correction

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    The Kuala Lumpur Tin Market (KLTM) closed US$100 higher today at US$21,200 a tonne on technical correction, dealers said.

  • Corporate & Featured and Exclusive  |  SEPTEMBER 17, 2014 12:58 PM

    ‘Forced labour rife in M’sia’s electronics sector’

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    A US Department of Labour funded report states that up to a third of some 350,000 workers in Malaysia's electronics industry suffer from conditions of modern-day slavery such as debt bondage.

  • Corporate  |  SEPTEMBER 17, 2014 12:49 PM

    TNB to only accept cheques for own bills from Oct 1

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    [email protected]

    Tenaga Nasional Bhd (TNB) will no longer accept cheques in payment of Telekom Malaysia, water and local authorities’ bills from Oct 1. According to Mohd Aminuddin Mohd Amin, the senior general manager of TNB’s corporate affairs and communications , the …

  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 12:14 PM

    Alibaba options to be listed in exchanges on Sept 29

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    Alibaba's options will be listed on CBOE Holdings Inc and International Securities Exchange Holdings' options exchanges on Sept 29, pending the company's public sale of shares this week.

  • Economy & World Biz  |  SEPTEMBER 17, 2014 12:06 PM

    OECD plans crackdown on corporate tax avoidance

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    The tax-avoidance strategies that companies like Google Inc, Apple Inc and Inc use to escape more than $100 billion (RM322 billion) a year of levies in the US and Europe are under threat from a plan drawn up by …

  • Markets  |  SEPTEMBER 17, 2014 11:49 AM

    KL shares mixed at mid-morning

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    Share prices on Bursa Malaysia remained mixed at mid-morning today on lack of fresh local leads.

  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 11:39 AM

    NASA awards Boeing, SpaceX RM21 bil space taxi contracts

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    NASA awards long-time aerospace contractor Boeing and California's SpaceX with contracts valued at a combined US$6.8 billion (RM21.9 billion) to develop, certify and fly commercially owned and operated "space taxis" to fly astronauts to the International Space Station.