• World Biz  |  JANUARY 29, 2015 2:06 PM

    Icahn says Apple is one of best buys in decades

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    Icahn also said he had been too conservative on Netflix Inc, the top performer this year in the Standard & Poor’s 500 Index, with a 30% increase.

  • Corporate  |  JANUARY 29, 2015 2:03 PM

    Awer: EC’s silence not convincing

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    The silence from the Energy Commission in imposing harsh punishment on the Tanjung Bin and Jimah East power plants construction delay is not convincing, said S Piarapakaran, president of the Association of Water and Energy Research Malaysia (Awer) in a statement today.

  • Featured and Exclusive & Opinion  |  JANUARY 29, 2015 2:00 PM

    The euro zone needs more than QE

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    CAMBRIDGE – Although the European Central Bank has launched a larger-than-expected programme of quantitative easing (QE), even its advocates fear that it may not be enough to boost real incomes, reduce unemployment, and lower governments’ debt-to-GDP ratios. They are right to be …

  • World Biz  |  JANUARY 29, 2015 1:57 PM

    Why it’s hard for McDonald’s to change its ‘system’

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    Executives proudly refer to "the system," which guarantees that its French fries will be the same size everywhere and cooked for exactly the same amount of time; its burgers will be the same thickness and have the same taste; and its liquid eggs will be pre-cooked, folded, and flash-frozen by its suppliers before they become part of a bacon, egg, and cheese biscuit.

  • Corporate & Featured and Exclusive  |  JANUARY 29, 2015 1:40 PM

    Dr Mahathir calls for external audit on gov’t spending

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    Former Prime Minister Dr Mahathir Mohamad believes the federal government should have external auditors monitoring its spending.

  • Featured and Exclusive & World Biz  |  JANUARY 29, 2015 1:34 PM

    Nissan recalls 768,000 cars for hood flaws, fire risks

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    Nissan Motor Co, the second-biggest Japanese carmaker, said it will recall about 768,000 vehicles worldwide in two separate actions to fix a fire risk and hood that may open during driving.

  • Corporate & Finance  |  JANUARY 29, 2015 1:30 PM

    ACCA: Companies must talk openly about risky business

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    The way in which companies report the risks they face needs to improve and move away from being too bland, too generic, too wordy and too biased on the positive, says a report from ACCA (the Association of Chartered Certified …

  • Corporate & Property  |  JANUARY 29, 2015 1:25 PM

    LBS set to debut new lifestyle properties

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    Leading property developer, LBS Bina Group Bhd (LBS), will unveil its latest affordable and mid-range lifestyle projects at the coming iProperty Fair 2015, in a move to tap the growing demand for this market segment. Managing director, Lim Hock San …

  • World Biz  |  JANUARY 29, 2015 1:25 PM

    LG Electronics Q4 profit up 28%; misses estimates

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    South Korea's LG Electronics Inc said on Thursday that its October-December profit rose 28% from a year earlier, but fell slightly below market expectations due to weaker profit from its television business.

  • Corporate & Enterprise  |  JANUARY 29, 2015 1:14 PM

    Chua: Consumers should support local SME products

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    The government has called on consumers to play a role in helping stabilise the national economy by supporting the products of small and medium enterprises (SMEs).

  • Markets  |  JANUARY 29, 2015 1:05 PM

    KL shares remain weak at mid-day; CI down 11.77 pts

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    Share prices on Bursa Malaysia remained weak mid-day as selling pressure was noted across the board, led by British American Tobacco which fell 6 sen to RM66.40, dealers said.

  • Commodities  |  JANUARY 29, 2015 1:01 PM

    KLTM closes lower at US$19,250 a tonne

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    The Kuala Lumpur Tin Market (KLTM) extended yesterday's losses to close lower today by US$50 to US$19,250 per tonne and on a technical correction, said a dealer.

  • Corporate, Economy, Featured and Exclusive  |  JANUARY 29, 2015 1:01 PM

    ‘Gov’t expected to table supplementary budget’

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    World Bank economist Gil Sander surmises the government may table a RM5.2 billion supplementary budget even though it annnounced a RM5.5 billion budget cut in its operating expenditure on Jan 20 in the wake of falling oil prices.

  • World Biz  |  JANUARY 29, 2015 12:28 PM

    Coke, Nissan, Bradesco: Olympic torch relay sponsors

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    Coca-Cola Co is leading three sponsors of the Olympic torch relay that will cross Brazil’s 26 states before arriving at 2016 host Rio de Janeiro. The world’s largest beverage company is joined by carmaker Nissan and Brazilian bank Bradesco in supporting …

  • World Biz  |  JANUARY 29, 2015 12:19 PM

    Chinese firms to capitalise on Gulf Arab’s obesity issue

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    The Gulf Arab's uphill struggle against obesity and related diseases is presenting huge opportunities for Chinese firms, Xinhua news agency reported.

  • Markets & World Biz  |  JANUARY 29, 2015 12:14 PM

    Big banks fails to dismiss US currency fixing lawsuit

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    A federal judge on Wednesday said US investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the US$5.3 trillion (RM19.2 trillion)-a-day foreign exchange market.

  • Markets  |  JANUARY 29, 2015 11:48 AM

    KL shares continue to fall at mid-morning on profit taking

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    Share prices on Bursa Malaysia succumbed to heavy profit taking at mid-morning today, pushing the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) down 10.6 points to 1,785.29.

  • World Biz  |  JANUARY 29, 2015 11:42 AM

    Apple’s iPhones surge into tie with Samsung phones

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    Apple Inc surged to a tie for the world’s biggest smartphone vendor for the first time since 2011 as booming sales of iPhones with larger screens helped gain ground on Samsung Electronics Co.

  • Commodities & World Biz  |  JANUARY 29, 2015 11:42 AM

    China’s coal production down 2.5%, first drop in a decade

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    China's coal production is estimated to have fallen 2.5% in 2014, the first annual drop in more than a decade, hit by a war on pollution and government efforts to tackle a supply glut as demand from industry and the power sector weakens.

  • TigerTalk  |  JANUARY 29, 2015 11:37 AM

    Why does TNB want Integrax?

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    Tiger muses about the term power player, as well as the use of the term to describe local energy provider Tenaga Nasional Bhd. With all the speculation going around, why does TNB not come clean with why it wants Integrax so much?