• Corporate  |  OCTOBER 31, 2014 7:56 PM

    EPF appeals for right to vote on mega-bank merger

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    Malaysia's state pension Employees Provident Fund (EPF) has appealed after its bid to vote on the merger of CIMB Group Holdings with two smaller lenders was rejected.

  • World Biz  |  OCTOBER 31, 2014 7:49 PM

    BA owner confident on growth as rivals falter

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    The owner of British Airways and Iberia raised its forecast for profits this year, said it was on course for another rise in 2015, despite an increasingly competitive backdrop that has hit rival European airlines.

  • World Biz  |  OCTOBER 31, 2014 7:35 PM

    Panasonic lifts profit forecast by 25%

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    Panasonic Corp on Friday raised its net profit forecast by 25% to 175 billion yen (RM5.3 billion) for the current financial year thanks to a restructuring effort and robust sales in its solar power business.

  • Economy  |  OCTOBER 31, 2014 7:29 PM

    Eurozone inflation for October at 0.4%

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    Annual inflation in the eurozone edged higher in October, to 0.4%, data released Friday showed.

  • World Biz  |  OCTOBER 31, 2014 7:25 PM

    JAL Q3 profit up 3% on lower fuel prices

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    Japan Airlines Co (JAL) on Friday revised up its net profit forecast by 20 billion yen (RM603.11 million) to 135 billion yen for the current financial year, due to declining fuel prices and cost-cutting measures.

  • Economy  |  OCTOBER 31, 2014 7:18 PM

    Eurozone unemployment stuck at 11.5% for 4th month

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    Unemployment in the eurozone remained unchanged at 11.5% for a fourth consecutive month in September, according to data released Friday, despite efforts to bring the figure down.

  • World Biz  |  OCTOBER 31, 2014 7:10 PM

    Finnair’s Q3 profit drops 38%

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    Finnair's third quarter net profit fell 38% on weaker earnings from its passenger and cargo operations, the Finnish airline reported Friday.

  • Corporate & Featured and Exclusive  |  OCTOBER 31, 2014 7:02 PM

    TNB earnings rise by a fifth as capex hits all-time high

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    TNB saw its full-year net profits rise by a fifth in the financial year ended Aug 31 this year, mainly driven by lower taxes and write-backs for its subsidiaries, as its capex bill for the year hit a record high.

  • Economy  |  OCTOBER 31, 2014 7:02 PM

    BNM: Broad money (M3) grows 5.2% in September

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    On an annual basis, broad money (M3) grew by 5.2% in September, said Bank Negara Malaysia (BNM) today.

  • Corporate & Featured and Exclusive  |  OCTOBER 31, 2014 6:53 PM

    SP Setia confident of good response for Battersea phase 3

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    SP Setia Bhd is confident that phase three of its Battersea Power Station development launched today will receive good response from buyers.

  • Corporate  |  OCTOBER 31, 2014 6:32 PM

    Unisem sees upgrade on strong earnings

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    Unisem (M) Bhd (Unisem) has been upgraded to a "buy" recommendation from a previous "neutral" recommendation by both MIDF Research and AllianceDBS Research, with both the research houses increasing their target prices to RM2.45 from RM1.60 and to RM2.10 from RM1.75 respectively.

  • Corporate  |  OCTOBER 31, 2014 6:26 PM

    Protasco board shields MD

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    The board of directors of Protasco Bhd has refused to have managing director Chong Ket Pen answer any allegations of a RM10 million personal financial gain. The call to suspend Chong, made by non-executive director Tey Por Yee just yesterday, was also shut down.

  • Markets  |  OCTOBER 31, 2014 6:23 PM

    Ringgit eases against US$

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    The ringgit eased further against the US dollar at the close today following a positive US growth data, despite the stronger regional currencies, a dealer said.

  • Commodities  |  OCTOBER 31, 2014 6:21 PM

    Mbop: M’sia palm stocks to ease in 2014, 2015

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    Malaysian palm oil stocks could drop 14% by the end of 2014 from 2.09 million at the end of last month, a senior official of the Malaysian Palm Oil Board (Mpob) said, as export demand and domestic food and fuel needs pick up.

  • Corporate  |  OCTOBER 31, 2014 6:11 PM

    Miti to increase AEC engagement programmes

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    The Ministry of International Trade and Industry (Miti) will increase its engagement programmes with the public, as it prepares for the coming Asean Economic Community (AEC), said minister Mustapa Mohamed.

  • Commodities  |  OCTOBER 31, 2014 6:09 PM

    Rubber market closes mixed

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    The Malaysian rubber market closed mixed today on reduced buying momentum, dealers said.

  • World Biz  |  OCTOBER 31, 2014 6:01 PM

    For some schoolchildren, Uber replaces school bus

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    As the oldest of three kids, Baily Deeter was often the last to be picked up from school by his mother. Then Uber Technologies Inc came along.

  • Markets  |  OCTOBER 31, 2014 5:40 PM

    KL shares finish higher, CI up 12.37 pts

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    Upbeat sentiment from Wall Street's overnight gains drove Bursa Malaysia to close higher today, with all indices recording positive movement.

  • Economy  |  OCTOBER 31, 2014 5:33 PM

    Thailand factory output falls, but export & consumption rise

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    Thailand's factory output fell but exports and consumption rose on Friday, suggesting the economy is struggling to gain momentum after a coup ended months of political unrest five months ago.

  • Economy & World Biz  |  OCTOBER 31, 2014 5:05 PM

    China says its factory sector faces growth headwinds

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    Warning against undue optimism about China's export growth, the government said on Friday that the manufacturing sector in the world's second largest economy is stable but faces downside risks.