• World Biz  |  JANUARY 30, 2015 5:17 PM

    Bezos shows Amazon can still deliver profit

    Story by

    Jeff Bezos showed Inc can still pull out a profit, though the chief executive officer made no promises that he’ll do it again next quarter.

  • Corporate  |  JANUARY 30, 2015 5:16 PM

    Astino to focus on exports to cushion GST impact

    Story by

    Astino Bhd, a manufacturer of metal roof sheeting and polyvinyl chloride products, will concentrate on the export market as they expect the forthcoming Goods and Services Tax (GST) to affect its business in the local market.

  • Corporate  |  JANUARY 30, 2015 4:57 PM

    Govt: 20% reduction on car price can be achieved by 2017

    Story by

    The government is confident that the car price reduction target of 20% by the end of 2017 can be achieved, International Trade and Industry Minister Mustapa Mohamed said.

  • World Biz  |  JANUARY 30, 2015 4:53 PM

    BP hands back 2 exploration blocks on risk concerns

    Story by

    UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.

  • Corporate, Economy, Featured and Exclusive  |  JANUARY 30, 2015 4:44 PM

    S&P cuts M’sia GDP growth forecast as oil tumbles

    Story by

    Standard & Poor's (S&P) said on Friday it has lowered its economic growth forecast for Malaysia to 4.6% in 2015 and 5.0% in 2016 as oil prices continue to slide.

  • Corporate & Featured and Exclusive  |  JANUARY 30, 2015 4:35 PM

    ‘Increasing exports remains challenging for auto sector’

    Story by
    [email protected]

    Malaysia’s automotive sector should be penetrating overseas markets but increasing exports is problematic, said International Trade and Industry Minister Mustapa Mohamed.

  • Corporate & Featured and Exclusive  |  JANUARY 30, 2015 4:13 PM

    EPF to declare dividend of 6.4%?

    Story by

    The Employees Provident Fund (EPF) is expected to announce a dividend of between 6.35% and 6.45% for 2014, according to sources.

  • Corporate & Featured and Exclusive  |  JANUARY 30, 2015 4:10 PM

    Feb RON95 should be RM1.62 a litre, says Rafizi

    Story by

    PKR secretary-general Rafizi Ramli said Putrajaya ought to set the price for RON95 petrol at RM1.62 per litre for the month of February.

  • Corporate, Featured and Exclusive, Property  |  JANUARY 30, 2015 4:07 PM

    1MDB said mulling property sales to cut huge debt burden

    Story by

    1Malaysia Development Bhd (1MDB), a state firm, may look at selling some property assets as part of its new CEO's plan to overhaul the company and slash its huge debt load, people familiar with the matter said.

  • Markets  |  JANUARY 30, 2015 4:00 PM

    KL shares continue higher at mid-afternoon

    Story by

    Share prices on Bursa Malaysia continued higher at mid-afternoon as sustain buying keeps gains coming, dealers said.

  • Commodities  |  JANUARY 30, 2015 3:54 PM

    ANZ warns of commodity ‘supply tsunami’

    Story by

    Bulk commodity suppliers are benefiting from cheaper oil and declining currencies, helping them to withstand lower prices, Australia & New Zealand Banking Group Ltd (ANZ) said, warning of a so-called supply tsunami.

  • Featured and Exclusive, Markets, World Biz  |  JANUARY 30, 2015 3:45 PM

    Meet Asia’s new hot hedge funds

    Story by

    Some of Asia’s newer hedge funds were a magnet for investors last year. The assets of Oryza Capital and Pine River China Fund have expanded at least eight times since the funds started in the second half of 2013

  • Economy  |  JANUARY 30, 2015 3:44 PM

    Why wages stay flat despite Japan’s low unemployment

    Story by

    The key to the puzzle: employers are relying on part-time workers like never before, steering clear of full-time hires who are more costly. Here is a series of charts that show Japan's shifting labour market.

  • Corporate  |  JANUARY 30, 2015 3:39 PM

    Astro expecting RM500 mil revenue via home-shopping

    Story by

    Astro Malaysia Holdings Bhd is expecting to generate RM500 million in annual revenue by 2019 via its new joint-venture home shopping company, Astro GS Shop Sdn Bhd.

  • World Biz  |  JANUARY 30, 2015 3:32 PM

    Qatar Airways takes 9.99% stake in BA-owner IAG

    Story by

    Qatar Airways said on Friday it had bought a 9.99% stake in International Airlines Group, the owner of its partners British Airways and Iberia in the oneworld alliance.

  • Economy & Singapore  |  JANUARY 30, 2015 3:28 PM

    S’pore’s unemployment remains low for Dec 2014

    Story by

    Unemployment in Singapore remained low in December last year with more local employed, while foreign worker growth continued to moderate, according to the Ministry of Manpower (MOM).

  • World Biz  |  JANUARY 30, 2015 3:24 PM

    745 mil Facebook users log on daily through their mobiles

    Story by

    About 745 million people across the world log on to Facebook every day through their mobile devices, the social networking site said.

  • World Biz  |  JANUARY 30, 2015 3:19 PM

    Indonesia’s taxi firm Blue Bird sued by founder’s daughter

    Story by

    PT Blue Bird Tbk, Indonesia's biggest taxi operator, said the daughter of its late founder is seeking up to 6.7 trillion rupiah (RM1.9 billion) in compensation for the company's use of the Blue Bird Taxi brand and Blue Bird logo.

  • Corporate  |  JANUARY 30, 2015 2:59 PM

    Miti finds rebar imports no threat to local industry

    Story by

    The government has terminated the anti-dumping duty investigation on imports of steel concrete reinforcing bar (rebar) into Malaysia from China and South Korea.

  • Commodities & World Biz  |  JANUARY 30, 2015 2:55 PM

    Oil heads for longest decline in 6 years

    Story by

    Oil headed for the longest run of monthly losses since January 2009 amid speculation that rising US crude supplies will exacerbate the global glut that spurred last year’s price collapse.