• Corporate, Economy, Featured and Exclusive  |  OCTOBER 25, 2014 1:29 PM

    ‘TPPA Harmful to Malaysia’s Balance of Trade’

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    The report entitled “TPPA Harmful to Malaysia’s Balance of Trade, Says WTO” was not written by anyone in the WTO Secretariat as reported but was written by an Unctad official named Rashim Banga for the Centre for WTO Studies in …

  • Commodities  |  OCTOBER 25, 2014 1:12 PM

    KLTM to hover around US$19,500 a tonne next week

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    The Kuala Lumpur Tin Market (KLTM) is expected to hover around US$19,500 per tonne next week, supported by foreign traders. A dealer said the KLTM would also see sustained demand. “The tin price will be slightly up with continuous demand …

  • Markets  |  OCTOBER 25, 2014 1:02 PM

    Shares on Bursa to trend higher next week

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    Share prices on Bursa Malaysia are expected to see a greater upside next week, supported by further bargain-hunting interest ahead of the October month-end closing, an analyst said. The FTSE Bursa Malaysia KLCI (FBM KLCI) is also likely to take …

  • Commodities  |  OCTOBER 25, 2014 12:53 PM

    Rubber mart likely to trend higher next week

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    The Malaysian rubber market is expected to trend higher next week on improved demand for the commodity, said a dealer. He said recent moves by major rubber producers would help boost the prices of the commodity. “The rubber market will …

  • Markets  |  OCTOBER 25, 2014 12:50 PM

    Ringgit set to trade cautiously against US$ next week

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    The ringgit is likely to continue its cautious trade against the US dollar next week on a lack of fresh leads, a dealer said. “Investors are waiting on the sidelines in anticipation of the outcome of the US Federal Reserve …

  • Editor's Blog & Featured and Exclusive  |  OCTOBER 25, 2014 10:30 AM

    In mega bank merger, Aabar’s shadow looms large

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    Here are some of our best stories this week — news, analyses and comments you won’t find anywhere else:

  • Finance  |  OCTOBER 24, 2014 9:53 PM

    25 banks said to fail ECB’s stress test

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    25 lenders in the European Central Bank’s (ECB) euro area bank health check are set to fail the regulator’s Comprehensive Assessment, according to a draft communique of the final results, seen by Bloomberg News.

  • Finance  |  OCTOBER 24, 2014 9:34 PM

    US Treasuries rises amidst Ebola fear

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    Treasuries rose as higher relative yields to Group of Seven (G7) counterparts lured investors, amid concern a New York Ebola case reflects further spreading of the virus that may weigh on the global economy.

  • Corporate  |  OCTOBER 24, 2014 9:14 PM

    Perak Corp urged to withdraw SCR exercise

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    The Perak State Development Corporation (PKNPk) has asked Perak Corporation Bhd to withdraw the proposed selective capital reduction (SCR) and repayment exercise.

  • World Biz  |  OCTOBER 24, 2014 9:07 PM

    Colgate’s 3Q profit slips on weak Brazil, China demand

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    Colgate-Palmolive Co reported a 17% drop in third quarter profit and lowered its full-year earnings forecast, hurt by weak demand in Brazil and China and a stronger US dollar.

  • Singapore  |  OCTOBER 24, 2014 8:56 PM

    Jetstar Asia takes over Valueair flights

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    Jetstar Asia will take over operations of Valuair flights between Singapore and its four ports in Indonesia from Oct 26, following the Indonesian government's lifting of foreign low-cost carriers (LCCs) operating restrictions.

  • World Biz  |  OCTOBER 24, 2014 8:50 PM

    UPS delivers RM3.9bil 3Q profit

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    United Parcel Service Inc (UPS) reported third quarter earnings that beat analysts’ estimates. It expects shipments during December to climb 11%.

  • World Biz  |  OCTOBER 24, 2014 8:37 PM

    Nestle’s Mexico plant squeezes water out of milk

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    Nestle SA, the world’s largest food company, is now the first to run a plant entirely water-free.

  • World Biz  |  OCTOBER 24, 2014 7:55 PM

    P&G to split Duracell business as profit matches estimates

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    Procter & Gamble Co (P&G), the world’s largest consumer products company, posted first quarter profit that met analysts’ estimates, and said it will exit its Duracell battery business.

  • Corporate  |  OCTOBER 24, 2014 7:42 PM

    Airport stake to contribute 30% of MAHB’s total revenue

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    Malaysia Airport Holdings Bhd (MAHB) expects an additional 30% contribution to its total revenue from the Istanbul Sabiha Gokcen International Airport (ISG) acquisition, which is expected to be completed next year.

  • World Biz  |  OCTOBER 24, 2014 7:30 PM

    Ford 3Q profit falls less than estimates

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    Ford Motor Co, making less money while F-150 truck production is suspended, said third quarter profit fell less than analysts had projected, as the company continues to grow in China where it now outsells Toyota.

  • World Biz  |  OCTOBER 24, 2014 7:06 PM

    Truck manufacturers said to be investigated by EU

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    Daimler AG and Volvo AB are among truckmakers poised to get a European Union (EU) antitrust complaint for suspected collusion, according to three people with knowledge of the probe.

  • Markets  |  OCTOBER 24, 2014 6:47 PM

    OCK Group to transfer to Main Market

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    OCK Group Bhd has received approval from the respective authorities for its proposed transfer from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd.

  • Corporate, Featured and Exclusive, Markets  |  OCTOBER 24, 2014 6:46 PM

    Aabar demands more for RHB Cap stake

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    Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's no.4 bank, sources say, as the Abu Dhabi state fund leverages on its amplified role in a US$22 billion (RM72 billion) merger that will create Southeast Asia's fourth-largest lender.

  • Property  |  OCTOBER 24, 2014 6:40 PM

    China’s house prices ease in September

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    China's house prices continued to ease for the fifth consecutive month in September, although the government has relaxed housing loan restrictions.