• TigerTalk  |  OCTOBER 2, 2014 10:00 AM

    Why hasn’t 1MDB filed its accounts yet?

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    The state-owned fund is a repeat offender of late submission of accounts. What does this mean? Tiger looks at some possible and plausible reasons.

  • Markets  |  OCTOBER 2, 2014 9:57 AM

    Ringgit opens higher against US dollar

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    The ringgit opened higher against the US dollar this morning on renewed demand for the local currency.

  • Featured and Exclusive, Markets, World Biz  |  OCTOBER 2, 2014 8:18 AM

    Japan stock orders of RM2 tril scrapped in trading error

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    Japan’s over-the-counter market was bombarded with RM2 trillion of erroneous stock orders in dozens of Asia’s biggest corporations. They were cancelled before they could be executed.

  • Finance & Markets  |  OCTOBER 2, 2014 7:46 AM

    US dollar tumbles from 6-year high vs yen, US yields slide

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    The dollar dropped from six-year highs against the yen on Wednesday, weighed down by a fall in US Treasury debt yields amid weakness in global stocks.

  • Commodities  |  OCTOBER 2, 2014 7:32 AM

    Gold rises as US equities sell off on Ebola fears

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    Gold rose on Wednesday, rebounding from the previous day's nine-month low near US$1,200 (RM3,928.20) an ounce, as disappointing US factory data sparked a selloff on Wall Street and prompted investors to seek a safe haven in the yellow metal.

  • Commodities  |  OCTOBER 2, 2014 7:23 AM

    Oil falls as bearish trend continues

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    Oil prices fell towards US$94 a barrel on Wednesday, continuing a three-month losing stretch as weak economic signals from China and Europe and ample global supply continued to weigh.

  • Featured and Exclusive & Markets  |  OCTOBER 2, 2014 7:15 AM

    US stocks tumble on Ebola fears

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    US stocks dropped more than 1% on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors, economic data pointed to uneven growth, and the Russell 2000 index entered correction territory.

  • Economy  |  OCTOBER 1, 2014 10:36 PM

    Bumiputera cannot blame others if they fail to meet target- Dr.M

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    Bumiputeras cannot blame the government and other races if the target of 30 per cent Bumiputera equity ownership in the economy by 2020 is not achieved. Former prime minister Dr Mahathir Mohamad said they only have themselves to blame for …

  • World Biz  |  OCTOBER 1, 2014 10:09 PM

    Coca-Cola amends equity plan to minimize dilution

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    Coca-Cola Co, under pressure from an activist investor, said it had adopted new guidelines under its 2014 equity plan that will extend the number of years shares will last under the plan by using fewer shares each year. The company …

  • World Biz  |  OCTOBER 1, 2014 9:57 PM

    IMF urges more oversight of shadow banking system

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    The International Monetary Fund urged regulators to pay closer attention to a shadow banking system that has grown to as much as US$60 trillion (RM196.7 trillion) worldwide to help prevent risks from building outside the bounds of traditional financial oversight. …

  • World Biz  |  OCTOBER 1, 2014 9:37 PM

    Ford to add 1,000 jobs at Oakville plant in Canada

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    Ford Motor Co will add 1,000 jobs in Canada at its Oakville Assembly, which will produce the 2015 Ford Edge crossover utility vehicle, the company said on Wednesday. With the new hires, more than 4,000 people will work at Oakville …

  • Economy  |  OCTOBER 1, 2014 8:49 PM

    Britain’s Conservative Party pledges to cut corporate tax

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    Prime Minister David Cameron promised Wednesday to enact the lowest company tax rates in the developed world if his Conservative Party is re-elected next year. Cameron added he would raise the threshold at which 40% income tax kicks in, from …

  • Economy  |  OCTOBER 1, 2014 8:31 PM

    Thailand to spend RM36 bil to spur economic growth

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    Thailand’s cabinet approved a 364.5 baht (RM36 billion) budget for the remainder of the year to create jobs and boost incomes to spur economic growth, even as the central bank said a broad-based recovery hasn’t taken hold. Of the budget, …

  • Corporate & Enterprise  |  OCTOBER 1, 2014 8:06 PM

    Matrade, Alibaba launch e-Trade programme

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    The Malaysia External Trade Development Corporation (Matrade) aims to get 2,625 small and medium enterprises (SMEs) to sign up this year for its newly launched e-Trade programme with Chinese online retail giant Alibaba.

  • Commodities  |  OCTOBER 1, 2014 7:57 PM

    CPO futures close lower

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    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives erased yesterday’s gains to close lower today, tracking the losses on the Chicago soyabean market over concerns of a large crop. On another note, Phillip Futures Sdn Bhd derivative products …

  • Corporate  |  OCTOBER 1, 2014 7:50 PM

    Microsoft to transform M’sian businesses with open source

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    Microsoft Malaysia reaffirmed its commitment to transforming businesses and working with the open source community in Malaysia by participating and sponsoring the annual Malaysia Open Source Conference 2014 (MOSCMY 2014). Held at Menara Suruhanjaya Syarikat Malaysia in Kuala Lumpur, the …

  • Corporate  |  OCTOBER 1, 2014 7:48 PM

    Maybank ventures into the final frontier

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    Malayan Banking Bhd (Maybank) said today that it has received a foreign banking license to open a branch office in Myanmar from the country’s central bank, making it one of nine banks to have been granted similar licenses in South East Asia’s last closed economy.

  • Corporate & Featured and Exclusive  |  OCTOBER 1, 2014 6:45 PM

    Ron 95, diesel to go up 20 sen at midnight

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    Another fuel hike is in store, with the RON 95 petrol and diesel prices slated to increase by 20 sen at the stroke of midnight. This was announced by the Domestic Trade, Consumer Affairs and Cooperatives Ministry this evening. To …

  • World Biz  |  OCTOBER 1, 2014 6:31 PM

    Samsung to invest RM1.8 bil in Vietnam TV production plant

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    South Korea’s Samsung Electronics Co Ltd said on Wednesday that it will invest US$560 million (RM1.8 billion) to build a consumer appliances production complex in Vietnam, its latest move to build manufacturing capacity in the country. Samsung, the world’s largest …

  • Commodities & Corporate  |  OCTOBER 1, 2014 6:30 PM

    New Indonesian law brings relief to planters

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    While the grave implications of a shareholding cap on foreign ownership of plantations in Indonesia have passed for now, the risk remains a cloud over multinational planters’ head. The bill, which was passed end-September according to Reuters, went through without …