• Corporate  |  MARCH 5, 2015 10:22 AM

    CIMB shares down on move to improve cost-to-income ratio

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    CIMB Group Holdings Bhd's shares on Bursa Malaysia reacted negatively to the group's move to improve its cost-to-income ratio.

  • Markets  |  MARCH 5, 2015 9:53 AM

    KL shares open lower on profit taking

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower today as profit taking emerged after yesterday's gains, dealers said.

  • Markets  |  MARCH 5, 2015 9:45 AM

    Ringgit opens lower against US$

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    The ringgit opened lower against the US dollar today as the greenback firmed up, boosted by strong US private job data growth, dealers said.

  • Economy  |  MARCH 5, 2015 9:37 AM

    China sets growth target to about 7%

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    China set the lowest economic growth target in more than 15 years as leaders tackle the side effects of a generation-long expansion that has spurred corruption, fuelled debt risks and polluted skies and rivers.

  • Featured and Exclusive & World Biz  |  MARCH 5, 2015 9:12 AM

    Apple to delay production of 12.9-inch-screen iPad

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    Apple Inc, which has seen stagnating iPad sales, will delay the start of manufacturing for a larger- screened version of the tablet, people with knowledge of the matter said.

  • World Biz  |  MARCH 5, 2015 8:36 AM

    Union to resume talks Monday with US refining firms

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    Labour leaders and oil company representatives will resume face-to-face talks on Monday in Houston in a bid to agree on a new contract that would end the biggest US refinery strike in 35 years, the United Steelworkers union said on Wednesday.

  • Economy & World Biz  |  MARCH 5, 2015 8:27 AM

    ECB to focus on growth, flesh out bond-buying plan

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    Keen to keep a low profile over the Greek crisis, the European Central Bank will focus on improved growth prospects when it meets on Thursday and unveil some but not all the details of its 1 trillion euros-plus bond-buying plan.

  • Issues  |  MARCH 5, 2015 8:00 AM

    Why is the ringgit so weak?

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    The last time the ringgit was this low, the world was in the midst of a global financial crisis. In this piece, KiniBiz looks at what moves a currency and asks what is driving the ringgit down this time.

  • Commodities  |  MARCH 5, 2015 7:43 AM

    Gold retreats on strong dollar after US data

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    Gold prices fell on Wednesday, heading for a third day of losses, as the dollar extended gains versus the euro after US economic data.

  • Finance & Markets  |  MARCH 5, 2015 7:38 AM

    US dollar hits 11-1/2-year high

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    The dollar climbed to a fresh 11-1/2-year high on Wednesday, boosted by strong US private-sector jobs growth ahead of the launch of quantitative easing by the European Central Bank.

  • Commodities  |  MARCH 5, 2015 7:21 AM

    US oil rises, Brent pares losses on Iran news

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    US oil futures rose on Wednesday and benchmark Brent pared losses as Opec member Iran stressed that it opposed a timeline for a freeze on nuclear activities, news that helped crude rebound from an early slide tied to swelling US stockpiles.

  • Markets  |  MARCH 5, 2015 7:06 AM

    US stocks end down for 2nd day after rally

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    US stocks closed down on Wednesday for the second day in a row as investors stepped back after a recent rally ahead of jobs data due later in the week.

  • World Biz  |  MARCH 4, 2015 11:10 PM

    McDonald’s phases out human antibiotics from chickens

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    McDonald's Corp's US restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous "superbugs".

  • Featured and Exclusive & World Biz  |  MARCH 4, 2015 9:38 PM

    Citi inks 10-year deal with MasterCard

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    Citigroup Inc reached a deal to issue most of its global consumer credit and debit cards on MasterCard Inc’s network.

  • Property & World Biz  |  MARCH 4, 2015 9:27 PM

    Chicago’s Willis Tower said to be for sale

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    The owners, which include New York-based investors Joseph Chetrit and Joseph Moinian, have hired brokerage Eastdil Secured to market the 110-storey skyscraper, said a person with knowledge of the matter, who asked not to be identified because the listing isn’t public.

  • World Biz  |  MARCH 4, 2015 9:11 PM

    International air passengers rise 5.4% in Jan

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    The international passenger traffic rose 5.4% in January compared with the same month last year, said the International Air Transport Association (IATA).

  • Corporate  |  MARCH 4, 2015 8:49 PM

    Angkasa ready to redeem lands of troubled cooperatives

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    Angkatan Koperasi Kebangsaan Malaysia Berhad is ready to redeem lands belonging to troubled cooperatives, said its president Abdul Fattah Abdullah.

  • Corporate  |  MARCH 4, 2015 8:42 PM

    Taliworks to fund acquisitions via banks, own funds

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    Taliworks Corp Bhd would fund its acquisitions of Pinggiran Muhibbah Sdn Bhd and Cerah Sama Sdn Bhd by way of bank borrowings of up to RM60 million and the balance by internal funds of RM42.85 million, it said in a filing to Bursa Malaysia today.

  • Corporate  |  MARCH 4, 2015 8:30 PM

    Fitters to redevelop Plaza Pekeliling area

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    Fitters Diversified Bhd will redevelop the Plaza Pekeliling area into a small office/home office-concept building following the land acquisition for RM28.28 million.

  • Corporate  |  MARCH 4, 2015 8:25 PM

    Melaka Gateway won’t be scrapped, says Idris

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    The Melaka Gateway residential and commercial property project in Pulau Melaka would not be scrapped just to satisfy political demand of certain quarters, said Chief Minister Idris Haron.