• Economy & Featured and Exclusive  |  NOVEMBER 27, 2014 5:07 PM

    Over 90% M’sians have savings, says Zeti

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    She described "as partial information" a recent report on household income, which revealed that more than 80% of Malaysians have no savings.

  • Corporate  |  NOVEMBER 27, 2014 4:54 PM

    Moody’s: TM Q3 results support its ‘A3′ rating

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    Moody's Investors Service gives Telekom Malaysia Bhd (TM) "A3" rating and positive outlook based on its third quarter results ended Sept 30, 2014.

  • Corporate  |  NOVEMBER 27, 2014 4:47 PM

    ‘Reveal MDV borrowers after RM400 mil write-off’

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    PKR’s Rafizi questions whether MDV would be able to recoup its loan.

  • Featured and Exclusive & Opinion  |  NOVEMBER 27, 2014 4:43 PM

    The geopolitical impact of cheap oil

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    The price of oil has fallen more than 25% in the past five months, to less than US$80 a barrel. If the price remains at this level, it will have important implications – some good, some bad – for many countries around the world. If it falls further, as seems likely, the geopolitical consequences on some oil-producing countries could be dramatic.

  • Corporate  |  NOVEMBER 27, 2014 4:26 PM

    Kenanga Research maintains ‘outperform’ call on Maybank

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    Kenanga Research has maintained its "outperform" call on Maybank, despite the negative headwinds surrounding the banking sector.

  • World Biz  |  NOVEMBER 27, 2014 4:07 PM

    Virgin bags contract to run the London-Edinburgh rail route

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    Virgin Trains was chosen to run the London-Edinburgh rail route, fending off rival bids from FirstGroup Plc and Channel Tunnel express operator Eurostar International Ltd and delivering a boost for Richard Branson a month after the fatal crash involving his space venture.

  • Corporate & Featured and Exclusive  |  NOVEMBER 27, 2014 3:59 PM

    MMC Corp to pay RM221.98 mil for stakes in NCB

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    MMC Corporation Bhd is buying MISC Bhd’s 15.73% stake in port operator, NCB Holdings Bhd, for RM221.98 million cash.

  • Markets  |  NOVEMBER 27, 2014 3:48 PM

    KL shares lower at mid-afternoon

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    Share prices on Bursa Malaysia were traded lower at mid-afternoon led by Hong Leong Financial, in line with regional markets, a dealer said.

  • Corporate  |  NOVEMBER 27, 2014 3:47 PM

    Jaya Tiasa to invest RM70 mil in 4th CPO mill

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    Upbeat about the long-term prospects of the oil palm industry, Jaya Tiasa Holdings Bhd is investing RM70 million in its fourth crude palm oil (CPO) mill.

  • Corporate  |  NOVEMBER 27, 2014 3:40 PM

    Kronologi to raise RM17.2 mil in IPO

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    Kronologi Asia Bhd, a Singapore-based specialist in enterprise data management (EDM), launched its prospectus today in Kuala Lumpur.

  • Corporate, Featured and Exclusive, World Biz  |  NOVEMBER 27, 2014 3:40 PM

    Uber’s valuation at RM133 bil will eclipse Twitter

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    Uber Technologies Inc. investors are betting the five-year-old car-booking app is more valuable than Twitter Inc and Hertz Global Holdings Inc.

  • Corporate  |  NOVEMBER 27, 2014 3:29 PM

    5-year deadline to fix klia2 soil settlement issue

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    Airports operator Malaysia Airports Holdings Bhd (MAHB) aims to fully rectify the soil settlement issue at klia2′s parking apron in five years. A survey in June found that only 5% or 25,000 square metres of the parking apron area is …

  • Economy  |  NOVEMBER 27, 2014 3:28 PM

    Thai election set to be delayed until 2016

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    Thailand's first elections after a military coup in May could be delayed until 2016, a senior official confirmed Thursday.

  • World Biz  |  NOVEMBER 27, 2014 3:17 PM

    Lion Air said to buy ATR planes in RM3.3 deal

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    Indonesia's Lion Group is expected to sign a deal on Thursday to buy about 40 ATR 72-600 aircraft for nearly US$1 billion (RM3.3 billion) at list prices, a source familiar with the matter said on Thursday.

  • World Biz  |  NOVEMBER 27, 2014 3:13 PM

    China’s largest money fund expects further policy easing

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    China’s central bank is likely to loosen monetary policy further by rolling out measures to encourage lending, according to the manager of the nation’s biggest money-market fund.

  • Economy  |  NOVEMBER 27, 2014 3:02 PM

    Thai Q4 GDP expected to grow 4%

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    Thailand's economy is expected to grow slightly more than 4% in the final quarter of this year from the same period a year ago due to improved exports and tourism, a senior official from the Finance Ministry said on Thursday.

  • World Biz  |  NOVEMBER 27, 2014 2:58 PM

    Wal-Mart dismisses several China execs to cut costs

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    Wal-Mart Stores Inc said it had dismissed several executives in China as part of an effort to lower costs in the country, where it has been grappling with slower sales and tough price competition.

  • Corporate & Property  |  NOVEMBER 27, 2014 2:43 PM

    MK Land plans RM2.2 bil new launches in 2 years

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    MK Land Holdings Bhd plans new launches worth RM2.2 billion over the next two years in Damansara Perdana, Damansara Damai, and Ipoh.

  • Corporate  |  NOVEMBER 27, 2014 2:21 PM

    Mara aims to produce 40,000 Bumiputera entrepreneurs

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    Majlis Amanah Rakyat (Mara) plans to produce 40,000 new entrepreneurs from among Bumiputeras by 2015.

  • Singapore  |  NOVEMBER 27, 2014 2:09 PM

    Analysts mixed on outlook of Genting S’pore

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    Analysts are the least optimistic about Genting Singapore Plc in a year, as slumping casino revenue from high-rollers curbs earnings prospects for the second worst performing stock on the city’s benchmark gauge.