• World Biz  |  AUGUST 21, 2014 3:55 PM

    Target CEO charts comeback plan with lower expectations

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    Target Corp. has reduced its financial outlook twice since Brian Cornell was named chief executive officer three weeks ago. Now the company’s new leader has to show he can clear that lower bar. After Target announced Cornell’s hiring on July …

  • Markets  |  AUGUST 21, 2014 3:53 PM

    KL shares remain lower at mid-afternoon

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    Share prices on Bursa Malaysia remain in the red territory in mid-afternoon trading on profit-taking, dealers said.

  • Featured and Exclusive & TigerTalk  |  AUGUST 21, 2014 3:44 PM

    Journalists are not the enemy

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    Tiger offers his condolences to the family and friends of James Wright Foley, a journalist from America who was recently beheaded by ISIS militants. Tiger’s hackles are raised as history once again repeats itself, with how journalists are persecuted with disregard for the laws that protect a journalist in a danger zone.

  • Markets  |  AUGUST 21, 2014 3:29 PM

    India’s rupee halts advance as US rate-cut bets boost dollar

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    India’s rupee halted a three-day advance on concern the Federal Reserve may increase interest rates, reducing the flow of funds to emerging markets. “Many” participants at the US monetary authority’s July meeting said they might have to raise borrowing costs …

  • OTHERS & World Biz  |  AUGUST 21, 2014 3:22 PM

    Toyota cut prices in China following anti-trust scrutiny

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    Toyota Motor Corp said on Thursday that it would cut prices of auto parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over anti-trust issues.

  • World Biz  |  AUGUST 21, 2014 3:12 PM

    Tata Steel seeks overseas coking coal mine deal

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    A venture of Tata Steel Ltd and state-run Steel Authority of India Ltd is seeking to buy coking coal mines, preferably in Australia, according to a tender document on its website. S&T Mining Co, as the venture is called, is …

  • Markets  |  AUGUST 21, 2014 3:08 PM

    Fed optimism spurs record bets against stock volatility

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    A soft touch on monetary policy will continue to suppress stock volatility, or so suggests the record stretch of cash going into an exchange-traded note that rallies as calm returns to equities. The Chicago Board Options Exchange Volatility Index, known …

  • Opinion  |  AUGUST 21, 2014 3:00 PM

    Good crop, bad crop

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    Kenya’s ban on imports of genetically modified (GM) crops reflects a troubling trend in a country traditionally seen as an agricultural innovator. The move also represents a giant leap backward for a continent that often struggles to ensure its own food security. …

  • Economy & Property  |  AUGUST 21, 2014 2:50 PM

    State to develop Perhentian as eco-tourism resort

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    Pulau Perhentian is to be developed into an exclusive eco-tourism resort frequented by moderate- and high-income tourists as envisaged in the Terengganu Development Roadmap 2014-2020.

  • OTHERS & World Biz  |  AUGUST 21, 2014 2:26 PM

    HP revenue boosted by PCs; CEO seeks growth

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    Hewlett-Packard Co chief executive officer Meg Whitman is benefiting from a surge in personal- computer sales. Now she needs to show she can make progress in other businesses, including software and services. The Palo Alto, California-based technology provider yesterday posted …

  • Corporate & Economy  |  AUGUST 21, 2014 2:20 PM

    Sarawak seeks more funds for electricity projects

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    Sarawak State Public Utilities and Industrial Development minister Amar Awang Tengah Ali Hasan says the state will appeal for additional funds from the federal government under the 11th Malaysia Plan to provide electricity to the whole population of the state.

  • Corporate & Enterprise  |  AUGUST 21, 2014 2:03 PM

    Algaetech plans RM27 mil biotech facility at TPM

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    Algaetech International Sdn Bhd is developing a RM27 million astaxanthin facility for Haematococcus pluvialis cultivation at Technology ‎Park Malaysia (TPM), the first of its kind in Asean, aimed at penetrating the US and New Zealand market.

  • Markets  |  AUGUST 21, 2014 1:42 PM

    KL shares lower at mid-day due to profit taking

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    Share prices on Bursa Malaysia ended the morning session in the red territory due to profit taking, dealers said.

  • Economy & Finance  |  AUGUST 21, 2014 1:33 PM

    Indonesia to raise RM405 mil through Syariah bonds

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    The Indonesian government plans to auction three series of Syariah bond to raise Rp1.5 trillion (RM405.69 million) next week, Indonesia's Antara news agency reported a government statement as saying.

  • Economy  |  AUGUST 21, 2014 1:12 PM

    Tok Pa: Liberalisation key to boost intra-Asean trade

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    Minister of International Trade and Industry Mustapa Mohamad believes that liberalising trade is an important step towards increasing intra-Asean trade and says that a progressive reduction of non-trade barriers is necessary for growth.

  • Commodities  |  AUGUST 21, 2014 12:59 PM

    KLTM close higher at US$22,400 a tonne

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    The Kuala Lumpur Tin Market (KLTM) closed higher by US$100 to US$22,400 a tonne today, bolstered by strong buying interest especially from European traders, said a dealer.

  • Corporate & Economy  |  AUGUST 21, 2014 12:55 PM

    M’sians snap up nearly 630k tablets in 1H14

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    Retail audit data by GfK has revealed that demand was tablets has hit yet another high as over 625,000 units of media tablets flew off the shelves, generating USD201 million (RM637.84) in revenue in the latest six month period of January to June this year.

  • World Biz  |  AUGUST 21, 2014 12:50 PM

    Twitter caught in censorship dilemma over graphic images

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    Twitter Inc decided last year to make images more prominent on its site. Now, the social network is finding itself caught between being an open forum and patrolling for inappropriate content. The pattern goes like this: a major public death …

  • Economy  |  AUGUST 21, 2014 12:44 PM

    Economists say inflation expected to remain above 3%

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    Economists expect short-term inflation to remain at above 3% for the rest of the year in the view of further subsidy rationalisation exercise.

  • Corporate  |  AUGUST 21, 2014 12:39 PM

    Kenanga initiates coverage on TGuan with ‘outperform’

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    Kenanga Research has initiated coverage on Thong Guan Industries Bhd (TGuan) with an ‘outperform’ rating and a target price of RM3.70. According to Kenanga, the company has been involved in the cast pallet stretch film and garbage bags industry for …