• Singapore & World Biz  |  JANUARY 26, 2015 1:59 PM

    Keppel Land stock rises most in 5 year on buyout plan

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    Keppel Land Ltd, the property arm of Keppel Corp, jumped the most in more than five years in Singapore trading after its biggest shareholder offered as much as S$3.2 billion (RM8.6 billion) to buy shares it doesn’t own. Keppel Land …

  • Corporate  |  JANUARY 26, 2015 1:47 PM

    Wide range development projects planned for Labuan

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    Labuan is set to transform itself into a vibrant, duty-free island destination, with sustainable and people-oriented development projects planned for implementation within a five-year period.

  • World Biz  |  JANUARY 26, 2015 1:45 PM

    Thai govt approves Thai Airways restructuring plan

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    Thailand’s military-led government has approved a restructuring plan for Thai Airways International PCL in a bid to help the loss-making national carrier return to profit, a senior government official said on Monday. The restructuring plan includes measures to cut operating costs, boost revenue, and sell …

  • World Biz  |  JANUARY 26, 2015 1:33 PM

    How Yahoo might sell Alibaba stock and pay no taxes

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    Yahoo! Inc on Tuesday is expected to reveal something most companies usually try to keep secret: how it plans to avoid a multibillion-dollar tax bill. The Web portal has spent more than a year figuring out how to cash out …

  • Corporate  |  JANUARY 26, 2015 1:28 PM

    Alliance DBS reiterates ‘buy’ rating on MKH Bhd

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    AllianceDBS Research has reiterated its "buy" rating on property developer MKH Bhd at RM2.71, on the back of high unbilled property sales and strong oil palm plantation production growth.

  • Commodities & World Biz  |  JANUARY 26, 2015 1:24 PM

    Oil falls as Greek election sends euro tumbling

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    Oil slid in early Asian trade on Monday, with US crude falling close to a six-year low, after Greece's election results heightened uncertainty in the euro zone and depressed the bloc's currency against the dollar.

  • Corporate  |  JANUARY 26, 2015 1:16 PM

    Maybank targets 20% sales growth for SME merchants

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    Malayan Banking Bhd (Maybank) is targeting a 20% growth in sales of its card merchants from the small-to-medium enterprise (SME) segment, its executive vice president and head of cards B Ravintharan said today. He said that the growth is expected …

  • World Biz  |  JANUARY 26, 2015 1:12 PM

    Thailand borrows RM4 bil to help farmers

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    Thailand's finance ministry plans to borrow 40 billion baht (RM4.4 billion) to provide temporary work for farmers during the dry season, Deputy Finance Minister Wisut Srisuphan said on Monday.

  • Featured and Exclusive & Opinion  |  JANUARY 26, 2015 1:09 PM

    What Syriza’s sweep means for Greece and Europe

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    The Coalition of the Radical Left, known as Syriza, placed first in the Greek elections today, with at least 36% of the vote, according to exit polls. The result could even give Syriza an absolute majority and, if it wishes, allow it to govern without a coalition partner.

  • Markets  |  JANUARY 26, 2015 1:09 PM

    KL shares lower at mid-day

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    Share prices on Bursa Malaysia ended the morning session lower in line with its regional peers and tracking the weak cue from Wall Street last week, dealers said. At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,795.28, down …

  • Commodities  |  JANUARY 26, 2015 12:53 PM

    KLTM closes firmer at US$19,410 per tonne

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    The Kuala Lumpur Tin Market (KLTM) closed firmer today, supported by good demand for the commodity, mainly from European traders, said a dealer. On the KLTM, the tin price rose by US$110 to settle at US$19,410 per tonne. However, the tin price …

  • Corporate & Property  |  JANUARY 26, 2015 12:49 PM

    Kwasa Land names qualified developers for its next RFP

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    Kwasa Land Sdn Bhd,the master developer of the iconic Kwasa Damansara township in Sungei Buloh, has named 21 Tier-2 developers who had been successfully prequalified for its next Request for Proposal (RFP) R2-1.

  • Corporate & Featured and Exclusive  |  JANUARY 26, 2015 12:25 PM

    AirAsia abolishes fuel surcharge

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    AirAsia Bhd will be abolishing the fuel surcharge across all of its airlines in the group from today and in line with declining global oil prices.

  • Commodities  |  JANUARY 26, 2015 12:22 PM

    Gold futures open broadly higher

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    Gold futures contract on Bursa Malaysia Derivatives opened broadly higher this morning with six contracts month traded.

  • Corporate  |  JANUARY 26, 2015 12:20 PM

    Firefly’s RM88 all-in one-way promo kicks off today

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    Firefly Airlines is offering a promotion of a limited RM88 all-in one-way fare for all its domestic destinations for the Chinese New Year holidays kicking off today until Feb 8.

  • Economy & World Biz  |  JANUARY 26, 2015 12:20 PM

    Japan’s exports grow by weak yen and overseas demand

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    Japan's exports grew the most in a year in December, helped by a weak yen and a pick-up in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption.

  • Markets  |  JANUARY 26, 2015 12:02 PM

    KL shares continue to decline at mid-morning

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    Share prices on Bursa Malaysia fell further in the mid-morning session today led by Genting which went down 17 sen to RM8.68, dealers said.

  • Featured and Exclusive & World Biz  |  JANUARY 26, 2015 11:03 AM

    Samsung said to be main chip supplier for next iPhone

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    South Korea's Samsung Electronics Co Ltd will be the main supplier of processors powering Apple Inc's next iPhone, Maeil Business Newspaper reported on Monday, citing unidentified sources in the semiconductor industry.

  • Corporate & Featured and Exclusive  |  JANUARY 26, 2015 10:54 AM

    Malaysia Airlines website hacked

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    Malaysia Airlines website has been hacked by a group calling itself the Cyber Caliphate which appears to align itself to the Islamic State extremist group.

  • Property & World Biz  |  JANUARY 26, 2015 10:47 AM

    Blackstone to sell Sydney property to Dalian Wanda

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    US private equity firm Blackstone Group said it has agreed to sell a prime Sydney office building to China's Dalian Wanda Group for about A$415 million (RM1.2 billion).