• World Biz  |  DECEMBER 18, 2014 10:10 AM

    Boeing to deliver 754 commercial jets in 2015

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    Boeing Co will deliver a record 754 commercial aircraft in 2015, an increase of up to 5.5%, the US Aerospace Industries Association forecast on Wednesday, reflecting expectations of steadily rising production at the world's biggest plane maker.

  • Markets  |  DECEMBER 18, 2014 9:55 AM

    KL shares open higher

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    Shares on Bursa Malaysia opened higher lifted by buying support in selected blue chips.

  • Markets  |  DECEMBER 18, 2014 9:47 AM

    Ringgit opens broadly higher against US$

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    The ringgit opened broadly higher against the US dollar and appreciated against other major currencies.

  • Featured and Exclusive & World Biz  |  DECEMBER 18, 2014 9:39 AM

    BlackBerry launches Classic, aiming for keyboard fans

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    BlackBerry Ltd launched its long-awaited Classic on Wednesday, a smartphone it hopes will help it win back market share and woo those still using older versions of its physical keyboard devices.

  • World Biz  |  DECEMBER 18, 2014 9:30 AM

    Canada court to order Apple to submit docs in iPhone probe

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    The Federal Court of Canada agreed on Wednesday to order Apple Inc's Canadian subsidiary to turn over documents to the Competition Bureau to help investigate whether Apple unfairly used its market power to promote the sale of iPhones.

  • World Biz  |  DECEMBER 18, 2014 9:23 AM

    Currency fluctuations may affect PepsiCo earnings

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    PepsiCo Inc earnings could come under pressure in the fourth quarter due to currency fluctuations, investors said, as the company's biggest foreign markets -- Russia, Mexico and Canada -- have all taken hits to their currencies in recent months.

  • Featured and Exclusive & World Biz  |  DECEMBER 18, 2014 9:15 AM

    Uber plans tighter screening for drivers

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    Online taxi service Uber Technologies Inc, one of whose driver was accused of rape in New Delhi, said it would add new methods to verify drivers' credentials and make its service safer.

  • Commodities & World Biz  |  DECEMBER 18, 2014 9:04 AM

    Bad timing for US Congress talk about oil exports

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    The US Congress is talking about allowing unfettered oil exports for the first time in almost four decades. Its timing couldn’t be worse.

  • Commodities  |  DECEMBER 18, 2014 8:40 AM

    Crude futures rebound with stocks

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    Crude futures rebounded with stocks after a market selloff prompted by concerns over rising supply and weak demand growth took a pause.

  • Issues  |  DECEMBER 18, 2014 8:00 AM

    Tighter leash on Iskandar’s foreign developers?

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    With all the problems Iskandar facing, such as a potential glut caused by Chinese developers flooding the market with high-end units, something needs to be done to prevent a further slide.

  • Commodities  |  DECEMBER 18, 2014 7:45 AM

    Gold choppy after Fed signals on track for 2015 rate hikes

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    Gold turned lower on Wednesday, after briefly climbing above US$1,200 per ounce following the US Federal Reserve's signal that it remained on track to raise interest rates in 2015.

  • Commodities & Featured and Exclusive  |  DECEMBER 18, 2014 7:40 AM

    Oil prices jump as much as 6%

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    World oil prices jumped as much as 6% on Wednesday before closing off their peaks as weeks of nearly non-stop selling abruptly halted, and traders said failure to break below key chart support levels meant a long rout may be running out.

  • Featured and Exclusive & Markets  |  DECEMBER 18, 2014 7:17 AM

    US stocks rallies after Fed statement

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    The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the economy and said it would take a patient approach toward lifting interest rates.

  • Finance & Markets  |  DECEMBER 18, 2014 7:11 AM

    US dollar rallies after Fed signals 2015 rate hike

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    The US dollar posted its biggest daily gain against major currencies since early October on Wednesday after the Federal Reserve signalled it was on track to hike interest rates sometime next year.

  • World Biz  |  DECEMBER 17, 2014 11:01 PM

    FedEx posts RM2.2 bil Q2 profit; misses estimates

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    Increased US domestic and international volumes sparked higher quarterly profit at FedEx Corp, the package delivery company said on Wednesday, but quarterly earnings and its full-year outlook fell short of expectations.

  • World Biz  |  DECEMBER 17, 2014 10:54 PM

    Plunging rouble wipes RM7 bil off Carlsberg’s market cap

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    As Carlsberg A/S reviews its policy on how to hedge rouble losses, the company’s market value has slumped more than US$2 billion (RM7 billion) in less than a month.

  • Economy  |  DECEMBER 17, 2014 10:40 PM

    Indonesia bans tax evaders from travelling overseas

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    "The temporary travel ban will be applied selectively to those who have outstanding taxes of 100 million rupiah (RM27,360) or more and whose intention to pay their taxes is in doubt," the ministry said.

  • Economy & Featured and Exclusive  |  DECEMBER 17, 2014 10:16 PM

    US’ Nov CPI down 0.3%; biggest drop in 6 years

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    US consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled, but this probably will not change views the Federal Reserve (Fed) will start raising interest rates in mid-2015. The Labour Department said on Wednesday its Consumer …

  • Corporate  |  DECEMBER 17, 2014 10:03 PM

    Scientex posts Q1 profit of RM30.3 million

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    Scientex Bhd's revenue for the first quarter ended Oct 31, 2014 rose 18.2% to RM431.1 million from RM364.8 million in the corresponding quarter last year.

  • Economy & Featured and Exclusive  |  DECEMBER 17, 2014 9:57 PM

    M’sia can achieve 5%-6% growth in 2015, says Wahid

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    Malaysia can achieve economic growth of 5% to 6% next year despite falling crude oil prices, said Minister in the Prime Minister's Department Abdul Wahid Omar.