STORIES TAGGED WITH

  • Commodities  |  SEPTEMBER 18, 2014 7:37 PM

    CPO prices close mixed

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mixed today on profit-taking, a dealer said. Phillip Futures Sdn Bhd derivative product specialist, David Ng, said demand was low with investors’ concern about inventories still weighed on the …

     
  • World Biz  |  SEPTEMBER 18, 2014 7:02 PM

    Nestle says allies to create jobs for Europe youth

    Story by
    www.bloomberg.com

    Nestle SA, the world’s biggest food company, said 100,000 job opportunities will be created for young people within four years as it expands an alliance with about 200 companies including Google Inc. to cut youth joblessness. Nestle plans to provide …

     
  • World Biz  |  SEPTEMBER 18, 2014 7:00 PM

    Old iPhones to be used to fund purchase of iPhone 6

    Story by
    www.bloomberg.com

    Many of the people rushing to buy an iPhone 6 tomorrow will fund the purchase with a currency that’s growing in value: old iPhones.

     
  • World Biz  |  SEPTEMBER 18, 2014 6:38 PM

    Mercedes-Benz protects car data via firewall

    Story by
    www.bloomberg.com

    Mercedes-Benz, the world’s third-biggest maker of luxury vehicles, is using a cloud-computing setup to protect data as cars’ mobile links and software expand and the industry prepares for driverless travel. Elements of the technology will include enabling people in a …

     
  • World Biz  |  SEPTEMBER 18, 2014 6:34 PM

    Unilever heads for weakest sales gain since 2005

    Story by
    www.bloomberg.com

    Unilever, the maker of Dove soaps, may post its slowest annual sales growth in nine years, according to the first analyst estimates published since the company said yesterday that markets have weakened further. Analysts at Oriel Securities and Nomura cut …

     
  • Corporate, Economy, Featured and Exclusive  |  SEPTEMBER 18, 2014 6:27 PM

    Bank Negara maintains rates at 3.25% during meeting

    Story by
    [email protected]

    The current stance of monetary policy remains supportive of growth, the central bank said in today’s bi-monthly monetary policy statement, though warning that inflation may rise next year.

     
  • Corporate  |  SEPTEMBER 18, 2014 6:20 PM

    Genting’s Philippine gaming hub set to break ground

    Story by
    [email protected]

    The Genting group’s RM3.54 billion Resorts World Bayshore City will break ground within the next thirty days, with its first phase to be completed by 2018 in Pagcor Entertainment City, according to the Philippine Daily Inquirer. Resorts World Bayshore City …

     
  • Markets  |  SEPTEMBER 18, 2014 6:20 PM

    KL shares close slightly higher after late rebound

    Story by
    www.bernama.com

    Bursa Malaysia staged a late rebound to close slightly higher today, dealers said.

     
  • Markets  |  SEPTEMBER 18, 2014 6:14 PM

    Ringgit closes lower against US dollar

    Story by
    www.reuters.com

    The ringgit closed lower against the US dollar today as investors shifted their interest to the greenback, a dealer said.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 18, 2014 6:07 PM

    “No delay for nationwide digital TV rollout”

    Story by
    [email protected]

    The rollout of nationwide digital terrestial television (DTT) is still on track, said a consultant engaged for the project.

     
  • Economy & Featured and Exclusive  |  SEPTEMBER 18, 2014 6:05 PM

    Inflation tipped to slow barring further subsidy cuts

    Story by
    [email protected]

    Economists expect the inflation rate to slow to under 3% for the first time in nine months if the government further delays planned subsidy cuts

     
  • World Biz  |  SEPTEMBER 18, 2014 5:43 PM

    Sony wants to create Netflix of video games

    Story by
    www.bloomberg.com

    Sony Corp. plans to boost cloud- based gaming by creating a mass-market streaming service similar to Netflix Inc.’s as the PlayStation maker tries to rebound from a projected US$2.1 billion annual loss. The company wants its online game service to …

     
  • Commodities  |  SEPTEMBER 18, 2014 5:27 PM

    Rubber market ends mixed amidst thin trade

    Story by
    www.bernama.com

    Malaysian rubber prices closed mixed today amid thin trade, weighed by concerns on supply and the ringgit performance, a dealer said.

     
  • Economy & Featured and Exclusive  |  SEPTEMBER 18, 2014 5:18 PM

    Customs say no decision on imposing GST on petrol

    Story by
    www.bernama.com

    The government is yet to decide whether the Goods and Services Tax (GST) will be imposed on petroleum, Royal Malaysian Customs Department director-general Khazali Ahmad said today.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 18, 2014 5:15 PM

    Voon’s resignation from SP Setia alarming, say analysts

    Story by
    [email protected]

    The resignation of the SP Setia chief, an industry veteran whom ex-boss Liew Kee Sin thinks would be coveted by all developers, have raised concerns among analysts who think it may hurt the company's share price.

     
  • World Biz  |  SEPTEMBER 18, 2014 5:04 PM

    Air France strike hits fourth day without resolution in sight

    Story by
    www.reuters.com

    A pilots strike at Air France stretched into its fourth day on Thursday, with the two sides still at odds in a dispute over cost cuts that has forced the airline to cancel nearly 60% of its flights.

     
  • Corporate & Economy  |  SEPTEMBER 18, 2014 4:37 PM

    Emerging markets dominate construction jobs

    Story by
    [email protected]

    Construction activity in emerging markets outpaced the developed world for the first time, said insurer AIG.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 18, 2014 4:28 PM

    1MDB plans 2014′s biggest Islamic bond sale

    Story by
    www.bloomberg.com

    1Malaysia Development Bhd (1MDB) plans to sell as much as RM8.4 billion of Islamic bonds, the world’s biggest offering of sukuk in 2014, said two people familiar with the matter. The sovereign wealth fund, whose debt has tripled in two …

     
  • Opinion  |  SEPTEMBER 18, 2014 4:05 PM

    KL shares marginally lower at mid-afternoon

    Story by
    www.bernama.com

    Bursa Malaysia was marginally lower in cautious trading at mid-afternoon today, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edging down 0.10%.

     
  • Corporate  |  SEPTEMBER 18, 2014 3:59 PM

    MoF urges businesses to register early for GST

    Story by
    www.bernama.com

    The Finance Ministry is urging business owners to register their organisations early for the Goods and Services Tax (GST) to avoid unforeseeable problems.

     
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