• Commodities  |  JANUARY 30, 2015 12:47 PM

    KLTM closes lower at US$19,200 a tonne

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    The Kuala Lumpur Tin Market (KLTM) closed easier at US$19,200 per tonne, down US$50 per tonne, on lack of buying interest, said a dealer.

  • Opinion  |  JANUARY 30, 2015 12:45 PM

    A tall order for McDonald’s

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    The McFamily is losing its McFather. After only two and a half years at the helm, McDonald's chief executive officer Don Thompson is stepping down. Five straight quarters of disappointing sales apparently have shareholders longing for new leadership.

  • World Biz  |  JANUARY 30, 2015 12:38 PM

    A mysterious death and an embattled Argentine president

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    Bond investors in Argentina have become accustomed to all sorts of political drama over the years. But even for a country that’s defaulted twice since 2001, the latest uproar engulfing President Cristina Fernandez de Kirchner is one that few could’ve …

  • World Biz  |  JANUARY 30, 2015 11:52 AM

    Tencent inks exclusive deal to stream NBA games in China

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    The National Basketball Association and Tencent Holdings Ltd said Friday the Shenzhen-based Internet giant will be the only company in China to stream the league's online content.

  • World Biz  |  JANUARY 30, 2015 11:41 AM

    Google defends ‘licence’ to spend despite Glass failings

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    Google Inc plans to keep making ambitious and costly bets on futuristic products, even if it means shelving some of its most beloved projects.

  • Markets  |  JANUARY 30, 2015 11:31 AM

    KL shares continue uptrend at mid-morning

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    Share prices on Bursa Malaysia continued their upward momentum mid-morning bolstered by gains in selected heavyweights and persistent buying interest in lower-liners, dealers said.

  • Markets  |  JANUARY 30, 2015 11:15 AM

    M’sia’s bonds head for biggest monthly advance since 2008

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    Malaysia’s 10-year bonds headed for the biggest monthly increase since 2008 as global financial turmoil and slowing economic growth boosted demand for the relative safety of government debt.

  • Corporate  |  JANUARY 30, 2015 10:58 AM

    Australia to continue searching for MH370

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    The Australian government remains committed to searching for the missing Malaysia Airlines Flight MH370, its Joint Agency Coordination Centre (JACC) said today.

  • Featured and Exclusive & World Biz  |  JANUARY 30, 2015 10:58 AM

    Alibaba’s Ma loses most among billionaires

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    Jack Ma’s fortune dropped US$1.4 billion (RM5.1 billion) yesterday, the most among the world’s 400 richest people, as Alibaba Group Holding Ltd shares posted a record slump after the company missed revenue estimates.

  • Corporate & Featured and Exclusive  |  JANUARY 30, 2015 10:49 AM

    Ananda Krishnan to help 1MDB repay RM2 bil loan

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    Malaysia's second-richest man, Ananda Krishnan, will lend 1MDB RM2 billion to settle a loan to local banks, two people familiar with the matter said, helping pave the way for a US$3 billion (RM10.9 billion) IPO by the state investor.

  • World Biz  |  JANUARY 30, 2015 10:35 AM

    Honda investigates 5th death linked to Takata airbags

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    Honda Motor Co is investigating a fatal crash in Houston this month related to defective airbags made by Takata Corp, the fifth US death linked to shrapnel from the exploding safety devices.

  • Corporate & Featured and Exclusive  |  JANUARY 30, 2015 10:15 AM

    TH Group MD faces 53 charges of insider trading

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    The Securities Commission Malaysia (SC) charged five individuals with insider trading offences under Section 188(2)(a) of the Capital Markets and Services Act 2007. Lei Lin Thai was charged at the Kuala Lumpur Sessions Court for acquiring 2,766,600 units of TH …

  • Markets  |  JANUARY 30, 2015 10:03 AM

    Ringgit opens higher against US dollar

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    The ringgit opened higher against the US dollar and some other major currencies today on renewed demand for the domestic currency, a dealer said.

  • Markets  |  JANUARY 30, 2015 10:03 AM

    KL shares rebound after 2 days of losses

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    Share prices on Bursa Malaysia rose in early trade today after two days of consecutive losses prompted by the overnight gains on Wall Street, dealers said.

  • Economy & World Biz  |  JANUARY 30, 2015 9:59 AM

    BOJ under pressure to meet inflation target

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    Japan's core consumer inflation slowed for a fifth straight month in December hit by collapsing oil prices, keeping the central bank under pressure to meet its ambitious 2% inflation target.

  • World Biz  |  JANUARY 30, 2015 9:48 AM

    Delhi Uber passenger who alleges driver rape sues in US

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    A passenger who said she had been raped by an Uber driver in India's capital sued the online car service in US federal court on Thursday, claiming the company failed to maintain basic safety procedures.

  • Featured and Exclusive & World Biz  |  JANUARY 30, 2015 9:45 AM

    Amazon shares jump on better than expected 4Q earnings

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    Amazon on Thursday posted a fourth-quarter profit of US$214 million (RM776.94 million) on sales of US$29.3 billion, following two straight periods of losses. The results sent the online retailer’s shares soaring in extended trading.

  • Economy & World Biz  |  JANUARY 30, 2015 9:42 AM

    Taiwan 4Q GDP growth below estimates

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    Taiwan’s economy grew slower than economists estimated last quarter after a food scandal weighed on demand.

  • Featured and Exclusive & World Biz  |  JANUARY 30, 2015 9:15 AM

    Google’s 4Q revenue up 15% but misses Wall St target

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    Google Inc's revenue grew 15% in the fourth quarter but fell short of Wall Street's target on declining online ad prices and unfavorable foreign exchange rates.

  • Commodities, Featured and Exclusive, World Biz  |  JANUARY 30, 2015 8:45 AM

    Major oil companies cut spending to protect dividends

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    The first major oil companies to report earnings amid the worst oil crash since 2009 all pledged to protect shareholder payouts even as they announced more than US$20 billion (RM70.6 billion) in spending cuts in a span of five hours.