• Corporate & Economy  |  MARCH 30, 2015 2:58 PM

    ‘More Chinese businesses are pessimistic about GST’

    Story by

    A survey has revealed that Chinese businessmen are pessimistic about the nation's economic performance for the rest of the year as well as 2016.

  • Corporate & Featured and Exclusive  |  MARCH 30, 2015 2:26 PM

    MIDF upgrades AirAsia X shares to ‘buy’

    Story by
    [email protected]

    Long-haul carrier AirAsia X shares have hit rock bottom amid an improving operating environment, said MIDF Research in upgrading the counter to “buy” today.

  • Corporate  |  MARCH 30, 2015 1:39 PM

    Customs to hire 800 more staff for GST implementation

    Story by

    The Customs Department will recruit more than 800 new staff over three months towards efforts to monitor implementation of the Goods and Services Tax (GST) in a more transparent manner.

  • Finance & World Biz  |  MARCH 30, 2015 1:30 PM

    South Korea expects to take 4%-5% stake in China-led AIIB

    Story by

    South Korea expects to take a stake of 4% to 5% in the China-led Asian Infrastructure Investment Bank (AIIB), in which it is seeking to be a founding member, a deputy finance minister said on Monday.

  • Corporate, Featured and Exclusive, Markets  |  MARCH 30, 2015 1:11 PM

    Ringgit at 1-week low on 1MDB and oil concerns

    Story by

    Malaysia’s ringgit fell to a one-week low against the dollar as falling crude prices renewed concern that finances will worsen for Asia’s only major oil exporter.

  • Markets  |  MARCH 30, 2015 12:55 PM

    KL shares end morning session on a firm note

    Story by

    Shares on Bursa Malaysia remained firm at the end of the morning session today, lifted by gains in heavyweights, a dealer said.

  • World Biz  |  MARCH 30, 2015 12:49 PM

    Australia sets new cockpit rule after Germanwings crash

    Story by

    The Australian government imposed a requirement on Monday that its airlines have two crew members in the cockpit at all times as a safety precaution following the Germanwings crash that killed 150 passengers and crew last week.

  • Commodities  |  MARCH 30, 2015 12:40 PM

    Tin closes at US$30 higher at US$17,180 a tonne

    Story by

    The tin price on the Kuala Lumpur Tin Market (KLTM) closed US$30 higher at US$17,180 and in tandem with the rise in the metal price on the London Metal Exchange(LME), a dealer said.

  • Corporate  |  MARCH 30, 2015 12:36 PM

    Temporary suspension of KL monorail service due to fire

    Story by

    One of the rubber tyres of a four-car monorail train caught fire at the Titiwangsa station here this morning, resulting in the temporary suspension of the monorail service in the city from 8.50 am.

  • OTHERS  |  MARCH 30, 2015 12:24 PM

    Prada posts 28% drop in profit amidst slowdown in China

    Story by

    Prada SpA reported a 28% drop in full-year profit as fewer Chinese shoppers splurged on US$2,950 (RM10,861) leather handbags and other luxury products.

  • Markets  |  MARCH 30, 2015 12:08 PM

    KL shares remain on the uptrend at mid-morning

    Story by

    The FTSE Bursa Malaysia KLCI (FBM KLCI) remained on an uptrend mid-morning, lifted by consumer-related stocks.

  • Corporate & Markets  |  MARCH 30, 2015 11:22 AM

    Berjaya, Redtone shares up on takeover bid

    Story by

    Berjaya Corporation Bhd and Redtone International Bhd's stocks were traded higher in early session after the former launched a takeover bid on the telecommunication company at 80 sen per share.

  • Corporate, Featured and Exclusive, World Biz  |  MARCH 30, 2015 11:05 AM

    US and European banks cut 59,000 jobs in 2014

    Story by

    Top European and US banks axed 59,000 jobs last year as they restructured and cut costs, with headcount expected to shrink further in Europe as bosses strive to improve profitability that has been hit hard by tougher regulation.

  • World Biz  |  MARCH 30, 2015 10:51 AM

    HK retail rents drop as Chinese shoppers stop

    Story by

    A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York's Fifth Avenue to become the world's most expensive retail real estate.

  • Economy  |  MARCH 30, 2015 10:27 AM

    Japan’s domestic demand seen faltering

    Story by

    Japan's industrial output fell in February at the fastest pace in eight months due to declines in production of machinery, cars and electronics in a worrying sign that domestic demand could be faltering.

  • Corporate & Featured and Exclusive  |  MARCH 30, 2015 10:13 AM

    Integrax: Don’t take Tenaga’s offer yet, says Amin

    Story by
    [email protected]

    Major shareholder of Integrax Bhd Amin Halim Rasip is urging his fellow shareholders to delay accepting Tenaga Nasional’s takeover offer for the port operator until March 31 as he is planning a voluntary general offer (VGO).

  • Markets  |  MARCH 30, 2015 9:56 AM

    KL shares open higher on mild buying

    Story by

    Share prices on Bursa Malaysia opened higher on mild buying. However, gains were capped due to lack of fresh buying catalyst.

  • Markets  |  MARCH 30, 2015 9:53 AM

    Ringgit opens lower against US$ on firm greenback

    Story by

    The ringgit opened lower against the US dollar as the greenback remained firm against major currencies, currency traders said.

  • TigerTalk  |  MARCH 30, 2015 9:00 AM

    Why, oh why, do you want to fly, flymojo?

    Story by
    [email protected]

    The plan to set up yet another airline in Malaysia - with the funky name of flymojo - boggles the mind as airlines are facing major problems. What is it that flymojo can offer that will make it different... and who really backs it?

  • World Biz  |  MARCH 30, 2015 8:32 AM

    Intel said in talks to acquire Altera

    Story by

    Intel Corp is in talks to acquire Altera Corp, people with knowledge of the matter said, as the world’s largest chipmaker searches for growth beyond a moribund personal-computer market.