• World Biz  |  SEPTEMBER 2, 2014 2:37 PM

    Mallya challenges ’willful defaulter’ tag in India’s court

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    Kingfisher Airlines Ltd, the Indian carrier shut down after a payment default, will challenge a bank which named the carrier and its founder Vijay Mallya as willful defaulters amid a loan recovery effort by the lenders. Kingfisher intends to pursue …

  • Commodities  |  SEPTEMBER 2, 2014 2:33 PM

    KLTM closes lower at US$21,850 a tonne

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    The Kuala Lumpur Tin Market (KLTM) closed US$110 lower at US$21,850 a tonne today in line with the downtrend in the metal price on the London Metal Exchange (LME).

  • Economy  |  SEPTEMBER 2, 2014 2:22 PM

    Fitch: M’sia to reap benefits of AEC integration

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    With integration via the Asean Economic Community (AEC), lower barriers to trade will benefit the region with Malaysia expected to benefit the most, according to Moody’s Analytics “ASEAN Outlook: Returning to Trend” report.

  • OTHERS  |  SEPTEMBER 2, 2014 2:22 PM

    Japan to double investment in India

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    Japan on Monday announced doubling its private and public investment in India to about 3.5 trillion yen (RM105.8 billion) over the next five years, Press Trust of India (PTI) reported.

  • Corporate  |  SEPTEMBER 2, 2014 2:14 PM

    TA Investment declares 1.8 sen distribution for TACP

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    TA Investment Management Bhd (TAIM) has declared a gross income distribution of 1.8 sen per unit for TA Cash Plus Fund (TACP) to registered unit holders as at Aug 29, 2014. The company said headline inflation in Malaysia moderated to …

  • Corporate  |  SEPTEMBER 2, 2014 1:57 PM

    OCK Group get approval on PT Mulia acquisition

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    Shareholders of OCK Group Bhd today agreed to the proposed acquisition of a 85% equity interest in PT Putra Mulia Telecommunication (PMT)

  • Markets  |  SEPTEMBER 2, 2014 1:07 PM

    KL shares remain lower at mid-day

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    Share prices on Bursa Malaysia remained lower at mid-day today on the lack of buying momentum.

  • Markets  |  SEPTEMBER 2, 2014 12:35 PM

    JPMorgan operating risk rises as regulators past Is prologue

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    JPMorgan Chase & Co chief executive officer Jamie Dimon has pledged billions of dollars to improve compliance and cybersecurity. That’s not stopping regulators from treating the bank as if it were riskier than ever. The firm’s operational risk-weighted assets, a …

  • Corporate & Featured and Exclusive  |  SEPTEMBER 2, 2014 12:34 PM

    Anne Edwards leaves Bloomberg TV after four months

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    Media personality Anne Edwards is leaving Bloomberg TV Malaysia after less than five months to join Malaysian PR firm Pi PR Consultancy Sdn Bhd.

  • OTHERS  |  SEPTEMBER 2, 2014 12:32 PM

    BNM awards “Emas” status to Exim’s RM950 mil sukuk

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    Bank Negara Malaysia (BNM) has accorded "Emas" status to the Export-Import Bank of Malaysia Bhd's (Exim)US$300 million (RM950.36 million) sukuk issuance.

  • World Biz  |  SEPTEMBER 2, 2014 12:19 PM

    Apple probes report ICloud hacked to gain stars’ photos

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    Apple Inc, which is poised to unveil new iPhones next week, and the FBI are probing reports hackers used the company’s iCloud service to illegally access nude photos of actress Jennifer Lawrence and other celebrities. Hackers posted the nude photos …

  • OTHERS  |  SEPTEMBER 2, 2014 12:13 PM

    Muhyiddin urge local glove makers to be market leaders

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    Deputy Prime Minister Muhyiddin Yassin has urged rubber glove industry players to take full advantage of thegrowing global market opportunities by continuing to be dynamic in addressing its needs.

  • Markets  |  SEPTEMBER 2, 2014 12:12 PM

    Draghi’s revival bid depends; how regulators define simple

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    The European Central Bank is gearing up to buy “simple, transparent and real” asset-backed debt. The success of its bid to breathe life into the market will depend on how regulators from Basel to Brussels define those terms. President Mario …

  • Markets  |  SEPTEMBER 2, 2014 12:00 PM

    KL shares lower at mid-morning

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    Share prices on Bursa Malaysia remained lower at mid-morning today on lacklustre trade.

  • World Biz  |  SEPTEMBER 2, 2014 11:29 AM

    Starbucks stars as women battle demographic drag

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    When former kindergarten teacher Kim Sun Sung tried to re-join South Korea’s workforce after five years raising her children, she found it tough. Then 41, Kim was either told she was too old or had been out of work too …

  • World Biz  |  SEPTEMBER 2, 2014 11:24 AM

    China says anti-trust probes are not protectionism

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    China's latest antitrust probes, which have hit firms such as Microsoft and Volkswagen AG, are not protectionist tools that favour domestic firms, an official of the country's price regulator told the official China Daily.

  • World Biz  |  SEPTEMBER 2, 2014 11:10 AM

    Jack Ma times market selling 2nd Alibaba IPO in rally

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    Jack Ma knows how to time an initial public offering. The 49-year-old former school teacher preparing to list Alibaba Group Holding Ltd during a record rally for US stocks did the same thing seven years ago, when Ltd went …

  • Economy & World Biz  |  SEPTEMBER 2, 2014 11:10 AM

    Indonesia plays winning hand with global miners

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    In the high-stakes poker game being played between the Indonesian government and mining companies, it has come as a bit of a surprise that Jakarta appears to be playing the winning hand.

  • World Biz  |  SEPTEMBER 2, 2014 10:44 AM

    Germany growth slows despite RM66 bil 1H14 surplus

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    Germany posted its biggest budget surplus since reunification in the first half of 2014 (1H14), underscoring the strength of its finances just as it encounters growing pressure to spend more to bolster growth in Europe.

  • Markets  |  SEPTEMBER 2, 2014 10:06 AM

    Ringgit opens lower against US dollar

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    The ringgit extended last week's losses to open lower against the US dollar today on continued profit taking activities after recent gains, dealers said.