• StockStalk  |  SEPTEMBER 22, 2014 8:00 AM

    SP Setia: Great car, no driver

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    Property developer SP Setia, arguably Malaysia's biggest property development name, needs no introduction. But can its strong brand, established through nearly two decades of stable, visionary leadership, survive the lack of a permanent CEO?

  • World Biz  |  SEPTEMBER 22, 2014 8:00 AM

    Multinationals have no immunity in China

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    China’s decision to impose a record fine on GlaxoSmithKline Plc signals that even the largest multinationals may not get off lightly in government investigations in Asia’s largest economy.

  • World Biz  |  SEPTEMBER 22, 2014 7:49 AM

    Long-term wariness over bonds due to Scots’ ‘no’ vote

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    The battle over the future of Scotland risks tainting UK government bonds for years to come. Scots’ rejection of independence last week failed to dispel concern that political turmoil is set to continue as Prime Minister David Cameron promised to …

  • Corporate & Property  |  SEPTEMBER 22, 2014 7:36 AM

    Kampung Pok residents vent anger at Forest City project

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    A public dialogue here today on theenviromental impact assessment (EIA) on the Forest City project in Johor turned out to be a very heated affair with Country Garden Pacific View (CGPV) Sdn Bhd,the main developer, having to face the ire of residents of Kampong Pok, who will be affected by it.

  • World Biz  |  SEPTEMBER 21, 2014 7:19 PM

    French-German visions for Europe to clash

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    Germany and France will try to reconcile divergent visions of how to fix Europe’s economy on Monday when Manuel Valls makes his first visit to Berlin as French prime minister and holds talks with Angela Merkel. The trip comes at a watershed moment, with the region struggling …

  • World Biz  |  SEPTEMBER 21, 2014 7:06 PM

    Relief over Scotland gives way to ‘Great Stagnation’

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    Scotland’s rejection of independence and a lack of any fireworks at a Fed meeting last week have calmed investors enough to shift the focus back to what some call the “Great Stagnation”, and how to avoid it. The Group of 20 leading nations, …

  • World Biz  |  SEPTEMBER 21, 2014 4:11 PM

    Microsoft delays launch of its Xbox One in China

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    Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world’s biggest software company said it would be released by the end of the year. Microsoft did not give a reason …

  • World Biz  |  SEPTEMBER 21, 2014 4:07 PM

    China will not alter its economic policy

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    China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday. Lou made the remarks at a meeting of finance ministers and central bank governors from the G20 countries in Australia, according to a statement from …

  • World Biz  |  SEPTEMBER 21, 2014 4:02 PM

    EU, IMF in no mood for a Greek debt haircut

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    Greece’s international creditors have no appetite for considering a haircut as a way to lighten its debt load, the head of the European Stability Mechanism, the euro zone’s bailout fund organisaton, told Greek Sunday newspaper Realnews. Athens is anticipating further debt relief measures from …

  • World Biz  |  SEPTEMBER 21, 2014 3:05 PM

    S.Korea exports-imports rose nearly 10pct

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    South Korean exports and imports from Sept. 1-20 rose by nearly 10% each from the comparable period last year, official data showed on Sunday, an encouraging sign for the Korean and global economies. South Korean exports for the period rose 9.5%to US$29.748 billion and …

  • Commodities  |  SEPTEMBER 21, 2014 2:56 PM

    Supply concerns to affect buying sentiment

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    Concerns over regional supply would continue to affect buying sentiment on the Malaysian rubber market next week and this would dampen the prices, a dealer said. “The current declining pattern will likely continue next week due to high stockpile, particularly in Thailand. “The …

  • Finance  |  SEPTEMBER 20, 2014 9:17 PM

    Ringgit to weaken between 3.20 and 3.25

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    The ringgit is likely to be slightly weaker next week at between 3.20 and 3.25 against the US dollar, as investors react to the monetary policy meeting outcomes of Bank Negara Malaysia (BNM) and the US Federal Reserve System (Fed). Hong Leong Bank …

  • Commodities  |  SEPTEMBER 20, 2014 9:03 PM

    Gold futures to trade sideways; US economy normalises

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    Gold futures contracts on Bursa Malaysia Derivatives are expected to trade sideways next week as the US economy normalises while the effect of Scotland’s separation results hog the limelight, a dealer said. Phillip Futures Sdn Bhd dealer, Ahmad Danial Zainudin, said gold prices would …

  • Corporate & Featured and Exclusive  |  SEPTEMBER 20, 2014 10:30 AM

    Surprise! Here’s your new MB, Selangor

    Here are some of our best stories this week — news, analyses and comments you won’t find anywhere else.

  • Commodities  |  SEPTEMBER 20, 2014 8:01 AM

    US crude falls on worries about glut, Brent gains

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    US crude oil and Brent traded in opposite directions on Friday as a sell-off ahead of Monday’s expiration kept US prices down, while discussions of OPEC cutting output put strength into the market overseas. With the two crudes trading lower in the morning, analysts and …

  • Markets  |  SEPTEMBER 20, 2014 7:49 AM

    Shares end flat, closing out strong week

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    Stock markets around the world closed flat on Friday as early gains failed to hold through the session, though the upward trend in equities continued and Alibaba soared in its historic US trading debut. Alibaba Group, one of the biggest IPOs ever, ended up 38% at US$93.89 …

  • Commodities & World Biz  |  SEPTEMBER 19, 2014 9:51 PM

    Thailand aims to resolve rubber problems in 2-3 years

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    Thailand, one of three largest rubber producers in the world, is looking to resolve the issues of high rubber stockpile and low prices within 2-3 years. “I think it will take 2-3 years to resolve all the rubber problems because …

  • Corporate  |  SEPTEMBER 19, 2014 9:47 PM

    Affin to buy 100% of Asian Islamic Investment Mgmt

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    Affin Holdings Bhd today announced that its unit, Affin Hwang Asset Management Bhd (Affin Hwang AM) is acquiring a 51% interest in Asian Islamic Investment Management Sdn Bhd (AIIM) from Nikko Asset Management Asia Ltd for RM11.73 million in cash. …

  • Property  |  SEPTEMBER 19, 2014 9:43 PM

    Rehda: Provide flexible loan to first-time house buyer

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    The Penang branch of the Real Estate and Housing Developers Association (Rehda) has requested the government to help first time home buyers by providing a housing loan scheme that offers flexibility. Its chairman, Jerry Chan Fook Sing said a long-term …

  • Corporate  |  SEPTEMBER 19, 2014 9:36 PM

    Mydin expects product prices to decline after GST

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    The prices of hypermarket products will decline two months after the implementation of the Goods and Services Tax (GST) on April 1, 2015. Mydin Holding Bhd’s managing director, Ameer Mydin, said for the first two months the hypermarkets would still …