• World Biz  |  NOVEMBER 26, 2014 12:57 PM

    Universal Pictures picks up ‘Jobs’ from Sony Pictures

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    Comcast Corp’s Universal Pictures is picking up plans to produce a film biography of Apple Inc co-founder Steve Jobs less than a week after Sony Corp put the project up for sale.

  • Featured and Exclusive & World Biz  |  NOVEMBER 26, 2014 12:48 PM

    Apple hits a record RM2.3 tril valuation

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    Apple Inc, already the world’s largest company by market capitalisation, hit a record intraday value: US$700 billion (RM2.3 trillion).

  • Corporate  |  NOVEMBER 26, 2014 12:30 PM

    Proton offers 20% discount off repair bill to flood victims

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    Proton Holdings Bhd will offer a 20% discount to the total repair cost of customers who have suffered damages to their cars due to flooding.

  • World Biz  |  NOVEMBER 26, 2014 12:20 PM

    Samsung sells units to Hanwha for RM5.7 bil

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    South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defence firms for 1.9 trillion won (RM5.7 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.

  • Corporate  |  NOVEMBER 26, 2014 12:05 PM

    HLIB upgrades Time dotCom to ‘buy’

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    HLIB Research has upgraded Time dotCom Bhd (TdC) to a "buy" recommendation from a "hold" with a higher target price of RM5.89 from RM5.09, following the company’s release of its 3Q14 results yesterday.

  • Singapore  |  NOVEMBER 26, 2014 12:03 PM

    S’pore voices concern on reclamation in Johor Straits

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    Singapore's Environment and Water Resources Minister Dr Vivian Balakrishnan raised his country's concerns over Malaysia's land reclamation projects in the Straits of Johor, reported Channel NewsAsia (CNA).

  • Issues  |  NOVEMBER 26, 2014 12:00 PM

    Malaysia Airlines and the power of the majority

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    As it stands, all the power seems to be with the big investors; those who have the ability to finance takeover deals at any time. But what about the long-term investor? What happens to them when even advice meant specifically for them is often flawed?

  • Corporate  |  NOVEMBER 26, 2014 11:50 AM

    CIMB upgrades Hovid to ‘hold’ on higher net profit

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    CIMB has upgraded Hovid Bhd, an Ipoh-based manufacturer of pharmaceutical products, to “hold” today due to a rise in its net profit in the first quarter for the financial year 2015 (1Q15), thanks to higher sales.

  • Markets  |  NOVEMBER 26, 2014 11:48 AM

    FBM KLCI improves at mid-morning

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) improved at mid-morning today on continued buying demand for selected blue chips and key heavyweights.

  • Corporate & Featured and Exclusive  |  NOVEMBER 26, 2014 11:38 AM

    Petronas gets approval for LNG project, 2 gas pipelines

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    British Columbia has approved a liquefied natural gas (LNG) export terminal being developed by Malaysia's Petronas, along with two pipelines to service the province's fledging LNG industry, the province's Environment Ministry said on Tuesday.

  • Finance  |  NOVEMBER 26, 2014 11:35 AM

    Moody’s: Sovereigns face risks on disorderly market reaction

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    While Malaysia, the Philippines and Thailand would benefit from an acceleration in US growth, they would be slightly more exposed to a disorderly market reaction to US interest rate hikes, in part due to higher annual government borrowing requirements.

  • Commodities & World Biz  |  NOVEMBER 26, 2014 11:29 AM

    HSBC, Goldman sued over platinum price-rigging

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    Goldman Sachs Group Inc and HSBC Holdings Plc are sued in New York over claims they conspired for eight years to manipulate prices for the precious metals platinum and palladium in what plaintiffs’ lawyers say is the first class-action lawsuit of its kind in the US.

  • Featured and Exclusive & World Biz  |  NOVEMBER 26, 2014 11:17 AM

    Google said to expand ‘Right to be Forgotten’ beyond EU

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    The decision by regulators meeting in Brussels will push the Mountain View, California-based company to apply privacy requests from EU residents to its primary site in the US, said the people, who requested anonymity because the plans aren’t public. Google may also be rebuked for “routinely” notifying media about story links it has removed, they said.

  • Featured and Exclusive & Property  |  NOVEMBER 26, 2014 11:06 AM

    Govt urged to enforce BTS concept

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    Putrajaya is urged to implement the build-then-sell (BTS) concept in 2015 as it protects house buyers from irresponsible developers.

  • World Biz  |  NOVEMBER 26, 2014 10:51 AM

    Sony settles with FTC over misleading PS Vita claim

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    Sony and its advertising company, Deutsch LA, had claimed inaccurately the console would enable consumers to play remotely and would allow them to begin a game on the PlayStation 3, then move to the smaller Vita without losing continuity, the FTC said.

  • World Biz  |  NOVEMBER 26, 2014 10:42 AM

    Uber close to raising funds at more than RM117 bil

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    Uber Technologies Inc is close to raising a round of financing that would value the mobile car-booking company at US$35 billion (RM116.9 billion) to US$40 billion, according to people with knowledge of the situation.

  • World Biz  |  NOVEMBER 26, 2014 10:37 AM

    Sony Pictures offline after hackers’ attack

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    Sony Pictures Entertainment said its computer system was down for a second day on Tuesday, following media reports of a major hacking attack aimed at the film and television studio.

  • Opinion & World Biz  |  NOVEMBER 26, 2014 10:27 AM

    ‘Toxic banking culture to take generation to fix’

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    Bad behaviour that has cost British banks 38.5 billion pounds (RM202 billion) in fines and compensation over the past 15 years will take a generation to fix, an independent think tank said on Tuesday.

  • World Biz  |  NOVEMBER 26, 2014 10:15 AM

    HSBC Private fined by US SEC over improper registration

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    HSBC Holdings Plc will pay US$12.5 million (RM41.85 million) to resolve charges that its Swiss private banking unit illegally offered services to US clients without being properly registered, the US Securities and Exchange Commission (SEC) said on Tuesday.

  • Markets  |  NOVEMBER 26, 2014 10:02 AM

    FBM KLCI opens slightly higher

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened slightly higher in early trade today supported by some buying demand in selected blue chips.