• Economy  |  OCTOBER 31, 2014 9:15 PM

    US consumer spending drops 0.2%

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    Consumer spending in the US unexpectedly dropped in September as incomes rose at the slowest pace of the year, indicating the economy will have difficulty sustaining a pickup in growth into the end of the year.

  • Corporate  |  OCTOBER 31, 2014 8:57 PM

    TNB to proceed with Track 4A power plant

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    Tenaga Nasional Bhd (TNB) will proceed with the Track 4A power plant at Pasir Gudang and expects to finalise the project cost with the engineering, procurement, and construction contractors (EPCC) by early next month, president and chief executive officer Azman Mohd said.

  • Events  |  OCTOBER 31, 2014 8:44 PM

    China inks 59 pacts with 18 countries, regions

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    China and 18 countries and regions along the Maritime Silk Road, including Malaysia, today signed 59 agreements worth 13.774 billion yuan (RM7.4 billion).

  • Economy  |  OCTOBER 31, 2014 8:32 PM

    Govt has 2 choices on falling crude oil prices

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    The government has two choices to implement if the global crude oil price continues to show a downtrend, said Deputy Finance Minister Ahmad Maslan.

  • Markets  |  OCTOBER 31, 2014 8:18 PM

    Ringgit to trade cautiously against US$ next week

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    The ringgit is likely to trade between 3.26 and 3.27 against the US dollar next week driven by overall sentiment surrounding the greenback, dealers said.

  • Corporate  |  OCTOBER 31, 2014 8:12 PM

    Maybank targets online trade financing for SME exporters

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    Maybank aims to facilitate about RM5 billion in trade financing for Malaysian-based small medium enterprise (SME) exporters in the next three years.

  • Corporate  |  OCTOBER 31, 2014 7:56 PM

    EPF appeals for right to vote on mega-bank merger

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    Malaysia's state pension Employees Provident Fund (EPF) has appealed after its bid to vote on the merger of CIMB Group Holdings with two smaller lenders was rejected.

  • World Biz  |  OCTOBER 31, 2014 7:49 PM

    BA owner confident on growth as rivals falter

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    The owner of British Airways and Iberia raised its forecast for profits this year, said it was on course for another rise in 2015, despite an increasingly competitive backdrop that has hit rival European airlines.

  • World Biz  |  OCTOBER 31, 2014 7:35 PM

    Panasonic lifts profit forecast by 25%

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    Panasonic Corp on Friday raised its net profit forecast by 25% to 175 billion yen (RM5.3 billion) for the current financial year thanks to a restructuring effort and robust sales in its solar power business.

  • Economy  |  OCTOBER 31, 2014 7:29 PM

    Eurozone inflation for October at 0.4%

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    Annual inflation in the eurozone edged higher in October, to 0.4%, data released Friday showed.

  • World Biz  |  OCTOBER 31, 2014 7:25 PM

    JAL Q3 profit up 3% on lower fuel prices

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    Japan Airlines Co (JAL) on Friday revised up its net profit forecast by 20 billion yen (RM603.11 million) to 135 billion yen for the current financial year, due to declining fuel prices and cost-cutting measures.

  • Economy  |  OCTOBER 31, 2014 7:18 PM

    Eurozone unemployment stuck at 11.5% for 4th month

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    Unemployment in the eurozone remained unchanged at 11.5% for a fourth consecutive month in September, according to data released Friday, despite efforts to bring the figure down.

  • World Biz  |  OCTOBER 31, 2014 7:10 PM

    Finnair’s Q3 profit drops 38%

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    Finnair's third quarter net profit fell 38% on weaker earnings from its passenger and cargo operations, the Finnish airline reported Friday.

  • Corporate & Featured and Exclusive  |  OCTOBER 31, 2014 7:02 PM

    TNB earnings rise by a fifth as capex hits all-time high

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    TNB saw its full-year net profits rise by a fifth in the financial year ended Aug 31 this year, mainly driven by lower taxes and write-backs for its subsidiaries, as its capex bill for the year hit a record high.

  • Economy  |  OCTOBER 31, 2014 7:02 PM

    BNM: Broad money (M3) grows 5.2% in September

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    On an annual basis, broad money (M3) grew by 5.2% in September, said Bank Negara Malaysia (BNM) today.

  • Corporate & Featured and Exclusive  |  OCTOBER 31, 2014 6:53 PM

    SP Setia confident of good response for Battersea phase 3

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    SP Setia Bhd is confident that phase three of its Battersea Power Station development launched today will receive good response from buyers.

  • Corporate  |  OCTOBER 31, 2014 6:32 PM

    Unisem sees upgrade on strong earnings

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    Unisem (M) Bhd (Unisem) has been upgraded to a "buy" recommendation from a previous "neutral" recommendation by both MIDF Research and AllianceDBS Research, with both the research houses increasing their target prices to RM2.45 from RM1.60 and to RM2.10 from RM1.75 respectively.

  • Corporate  |  OCTOBER 31, 2014 6:26 PM

    Protasco board shields MD

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    The board of directors of Protasco Bhd has refused to have managing director Chong Ket Pen answer any allegations of a RM10 million personal financial gain. The call to suspend Chong, made by non-executive director Tey Por Yee just yesterday, was also shut down.

  • Markets  |  OCTOBER 31, 2014 6:23 PM

    Ringgit eases against US$

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    The ringgit eased further against the US dollar at the close today following a positive US growth data, despite the stronger regional currencies, a dealer said.

  • Commodities  |  OCTOBER 31, 2014 6:21 PM

    Mbop: M’sia palm stocks to ease in 2014, 2015

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    Malaysian palm oil stocks could drop 14% by the end of 2014 from 2.09 million at the end of last month, a senior official of the Malaysian Palm Oil Board (Mpob) said, as export demand and domestic food and fuel needs pick up.