• World Biz  |  MARCH 4, 2015 8:06 AM

    Yale has almost RM3.6 bil in cash, seeks new investments

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    Yale University is sitting on almost US$1 billion (RM3.6 billion) of cash in its endowment as the school seeks out new investments.

  • Enterprise & Issues  |  MARCH 4, 2015 8:00 AM

    Where will the Wolf go next?

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    We spent the last two parts of this series, meeting the Bookxcess Wolf and getting up the courage to actually spend the day with the howling book-loving critter. Finally, KiniBiz talks to Andrew Yap and Jacqueline Ng about the direction and plans they have for Bookxcess’ future, as well as the Big Bad Wolf sale.

  • Commodities  |  MARCH 4, 2015 7:38 AM

    Gold dips but holds above US$1,200/oz on softer dollar

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    Gold was down a shade on Tuesday, weighed by a brief bout of selling in choppy dealings after the metal had recovered from early losses that pulled it below US$1,200 an ounce.

  • Finance & Markets  |  MARCH 4, 2015 7:32 AM

    US dollar pulls back from 11-year peak ahead of ECB

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    The dollar touched an 11-year high against a composite of major currencies on Tuesday but gave up those gains ahead of major US economic reports and the coming European Central Bank meeting later this week.

  • StockStalk  |  MARCH 4, 2015 7:30 AM

    Ta Ann: Traction from timber earnings

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    Among the plantations planters, Ta Ann Holdings Bhd (Ta Ann) was one the few that managed to weather weakening crude palm oil (CPO) prices, thanks to its increased CPO production by 63% in 2014. Its timber base also supported sales, with average selling prices and output for both plywood and logs rising last year

  • Markets  |  MARCH 4, 2015 7:26 AM

    US stocks fall from records, led by technology stocks

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    US stocks finished down on Tuesday, a day after the S&P and Dow hit records, and the Nasdaq retreated with technology stocks.

  • Commodities  |  MARCH 4, 2015 7:13 AM

    Oil rebounds as Netanyahu blasts Iran

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    Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African nation.

  • Corporate & Featured and Exclusive  |  MARCH 3, 2015 11:18 PM

    ‘AmBank man quit for family, not over 1MDB’

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    AmBank Group managing director Ashok Ramamurthy is resigning because he wanted to be with his family in Australia, Ambank said.

  • Corporate  |  MARCH 3, 2015 9:42 PM

    Selangor to attract more S’pore investors

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    The Selangor state government will aggressively embark on a mission to attract more investors from Singapore to the state.

  • Economy & Singapore  |  MARCH 3, 2015 9:36 PM

    S’pore Feb factory activity shrinks

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    Activity in Singapore's manufacturing sector contracted for the third straight month in February as new orders declined, with the key electronics index shrinking for the first time in more than two years, a survey showed on Tuesday.

  • Corporate  |  MARCH 3, 2015 9:30 PM

    TM, TTdotCom to install SKR1M submarine cable

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    Telekom Malaysia Bhd (TM) and TT dotCom Sdn Bhd (TTdC) are set to jointly install a submarine cable connecting Peninsular Malaysia, Sabah and Sarawak.

  • Corporate  |  MARCH 3, 2015 9:05 PM

    Mega First inks deal for Laos hydro project

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    Mega First Corporation Bhd (MFCB) has announced the signing of a shareholders' agreement among three parties participating in a project company building the Don Sahong Hydropower Project in Laos.

  • Featured and Exclusive & World Biz  |  MARCH 3, 2015 8:57 PM

    Alibaba says firm complies with laws after told to exit

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    Alibaba Group Holding Ltd chairman Jack Ma, whose company was told to leave Taiwan within six months over alleged investment violations, said the e-commerce giant followed local laws when it entered the market.

  • World Biz  |  MARCH 3, 2015 8:45 PM

    Aston Martin to woo female buyers with expanded range

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    Aston Martin Lagonda Ltd unveiled a crossover coupe as the British sports-carmaker seeks to return to profit by appealing to women and buyers in emerging markets.

  • Corporate, Featured and Exclusive, Property  |  MARCH 3, 2015 8:24 PM

    119,933 PR1MA units approved for construction

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    A total of 119,933 units of houses under the 1Malaysia Housing Project (PR1MA) has been approved for construction so far, involving 80 projects nationwide.

  • World Biz  |  MARCH 3, 2015 8:17 PM

    Hong Kong records worst retail sales since Sars

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    Hong Kong retail sales in January slid 14.6% from a year earlier in their worst showing since the Asian financial hub was routed by the severe acute respiratory syndrome (Sars) scare in 2003.

  • Corporate & Featured and Exclusive  |  MARCH 3, 2015 8:00 PM

    Najib visits TRX MRT station

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    Prime Minister Najib Abdul Razak today visited the construction site of the Tun Razak Exchange (TRX) Mass Rapid Transport (MRT) station to check out the progress of the most modern public transport hub in the country, which is scheduled for completion in July 2017.

  • Corporate, Featured and Exclusive, Finance  |  MARCH 3, 2015 7:19 PM

    Telekom to raise RM2.7 bil with sukuk

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    Malaysia's Telekom Malaysia Bhd said on Tuesday it would raise up to US$750 million (RM2.7 billion) with a multi-currency Islamic bond programme for capital and operating expenses.

  • World Biz  |  MARCH 3, 2015 7:15 PM

    Air freight makes slow start this year, says IATA

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    The International Air Transport Association's (IATA) data for global air freight markets showed a slower growth of 3.2% in freight tonne kilometres (FTKs) in January 2015 compared to the same month last year.

  • Corporate & Featured and Exclusive  |  MARCH 3, 2015 7:11 PM

    M’sia submits bid to operate Nepal airport

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    Malaysia, which is keen to share its expertise with Nepal as part of government-to-government initiative, has submitted a proposal to operate the Tribhuvan International Airport.