• Markets  |  FEBRUARY 27, 2015 11:44 AM

    KL shares remain mixed at mid-morning

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    Share prices on Bursa Malaysia remained mixed at mid-morning today on lack of fresh local leads.

  • Opinion  |  FEBRUARY 27, 2015 11:33 AM

    Geoengineering is good insurance

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    What makes climate change dangerous isn't just what we know, which is that human activity is warming the planet. It's also all that we don't know. How far will temperatures rise, and how fast? What damage will it cause? Will governments finally confront the problem seriously, and how effective will their efforts be?

  • Commodities & World Biz  |  FEBRUARY 27, 2015 11:31 AM

    Noble Group shares plunge after malpractice allegations

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    Noble Group Ltd shares fell to the lowest in almost two weeks after reporting a first quarterly loss in more than three years, following allegations of accounting malpractice that the company believes to be the work of a disgruntled ex-employee.

  • Finance & Singapore  |  FEBRUARY 27, 2015 11:08 AM

    Total bank lending in S’pore dips as financial loans decline

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    Total bank lending in Singapore fell in January from the previous month, as a drop in loans to general commerce and financial institutions offset increases in lending to manufacturers, central bank data showed on Friday.

  • World Biz  |  FEBRUARY 27, 2015 11:08 AM

    Yamaha said to launch 2-seater car as early as 2019

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    Japanese motorcycle maker Yamaha Motor Co Ltd aims to start making and selling two-seater cars in Europe as early as 2019, targeting environmentally-conscious drivers, a person familiar with the plan told Reuters on Friday.

  • Commodities & World Biz  |  FEBRUARY 27, 2015 11:06 AM

    Weak oil squeezing drilling rig operators

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    Offshore drilling rig operators are facing a cash crunch as oil firms hold back work and the shakeout will put vessels and possibly some operators out of business, Claus Hemmingsen, chief executive of Maersk Drilling, said.

  • Featured and Exclusive & Opinion  |  FEBRUARY 27, 2015 10:46 AM

    StanChart board clearout is only the first step

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    An "orderly succession plan balancing stability with fresh perspective." That's how Standard Chartered described the boardroom clearout which led to the departure of chief executive Peter Sands, its Asia head, its chairman and three non-executive directors.

  • World Biz  |  FEBRUARY 27, 2015 10:38 AM

    Google plans expansion amid local concerns about growth

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    Google has big plans for its headquarters in Silicon Valley, which may further increase tensions between the search engine giant and its neighbours, local media reported Thursday.

  • Featured and Exclusive & World Biz  |  FEBRUARY 27, 2015 10:38 AM

    Smartflash sues Apple again for patent infringement

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    Fresh off a US$532.9 million (RM1.9 billion) jury win against Apple Inc, a Texas company is again suing the tech giant, this time over the same patents' use in devices introduced after the original case was underway.

  • World Biz  |  FEBRUARY 27, 2015 10:35 AM

    JC Penney shares tumble 12% after miss on profit

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    Shares of department store chain JC Penney Co Inc tumbled 12% in after-hours trade on Thursday after it posted a surprise quarterly loss and forecast small margin improvements this year.

  • World Biz  |  FEBRUARY 27, 2015 10:27 AM

    France to hand Austria HSBC tax data

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    France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings Plc which has admitted failings in compliance at its Swiss private bank, France's finance minister said on Thursday.

  • Markets  |  FEBRUARY 27, 2015 10:05 AM

    KL shares edge lower in early trade

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged down this morning on selective trading as traders remained on sidelines, a dealer said.

  • Markets  |  FEBRUARY 27, 2015 10:02 AM

    Ringgit opens easier against US$ in early trade

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    The ringgit opened easier against the US dollar, in early trading this morning, on lack of buying support, a currency trader said.

  • Corporate & Featured and Exclusive  |  FEBRUARY 27, 2015 10:00 AM

    1MDB’s debts make defending ringgit tougher

    Story by

    The cost of options protecting against further ringgit declines approached a 1-1/2-year high on speculation 1Malaysia Development Bhd, the state investment fund, will need a bailout. The currency is already languishing at its weakest level since 2009 as the oil-exporting nation suffers amid sliding crude prices.

  • World Biz  |  FEBRUARY 27, 2015 9:47 AM

    How Sands fell from grace at StanChart

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    In summer 2012 Peter Sands was flying high as Standard Chartered chief executive, batting back questions on whether he was tempted to run Barclays or even the Bank of England.

  • Corporate & Featured and Exclusive  |  FEBRUARY 27, 2015 9:16 AM

    Khazanah Nasional plans RM1 bil ‘social impact sukuk’

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    Malaysia's US$40 billion sovereign wealth fund Khazanah Nasional plans to issue a sukuk worth up to RM1 billion to help fund schools, its managing director said on Thursday.

  • World Biz  |  FEBRUARY 27, 2015 8:57 AM

    Uber suspends operations in Boise, Idaho

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    Ride service Uber said on Thursday it was suspending its operations in Boise, Idaho, after reaching an impasse in negotiations with city leaders over new regulations.

  • World Biz  |  FEBRUARY 27, 2015 8:52 AM

    Apple to hold event on March 9, as Watch launch nears

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    Apple Inc sent out invitations for a media event in San Francisco on March 9, about one month before the much-anticipated launch of the new Apple Watch.

  • World Biz  |  FEBRUARY 27, 2015 8:46 AM

    Google to show ads for apps on Google Play

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    Google Inc said it will allow some Google Play users to see advertisements for apps in the coming weeks.

  • World Biz  |  FEBRUARY 27, 2015 8:43 AM

    Two non-executive directors to quit Tesco board

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    Changes to the make-up of Tesco's board continued apace on Thursday with Britain's biggest retailer saying two of its non-executive directors will leave at the end of the month.