• Markets  |  NOVEMBER 21, 2014 10:05 AM

    FBM KLCI opens lower on weak sentiment

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower this morning, dragged down by weak market sentiment that hurt risk appetite.

  • Markets  |  NOVEMBER 21, 2014 10:00 AM

    Ringgit rebounds to open higher against US$

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    The ringgit rebounded to open higher against the US dollar on renewed buying interest today, after declining for three consecutive trading days, dealers said.

  • World Biz  |  NOVEMBER 21, 2014 9:02 AM

    Goldman fires staff over leak of NY Fed information

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    Goldman Sachs Group Inc said it fired a junior employee and a supervisor over the leaking of confidential information from the Federal Reserve Bank of New York (New York Fed).

  • World Biz  |  NOVEMBER 21, 2014 8:50 AM

    Google, Rockstar agree to settle patent dispute

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    Google Inc has agreed to settle litigation with patent consortium Rockstar, though terms of the deal were not disclosed in a court filing made public this week.

  • World Biz  |  NOVEMBER 21, 2014 8:39 AM

    Delta confirms RM47.1 bil order for Airbus planes

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    Delta Air Lines Inc confirmed on Thursday a US$14 billion (RM47.1 billion) order for 50 wide-body jets from Airbus Group NV, a victory for the European planemaker that replaces older generation aircraft from Boeing Co in Delta's fleet.

  • Finance & World Biz  |  NOVEMBER 21, 2014 8:33 AM

    Alibaba wows investors with RM26.9 bil bonds

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    Alibaba wowed the markets Thursday with its ground-breaking US$8 billion (RM26.9 billion) debut US dollar bond, pricing it at levels in line with and even tighter than some of the world's best known companies.

  • World Biz  |  NOVEMBER 21, 2014 8:19 AM

    WSJ: Wynn Resorts probed for possible money laundering

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    Casino operator Wynn Resorts Ltd is being probed by US federal authorities for possible violation of money-laundering laws, the Wall Street Journal (WSJ) reported.

  • World Biz  |  NOVEMBER 21, 2014 8:10 AM

    No plan for long-range 737 MAX, says Boeing

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    Boeing Co has no plans to extend the range of its forthcoming 737 MAX 9 jetliner in response to Airbus Group's move to offer a long-range version of its competing A321 aircraft, a senior Boeing executive said on Thursday.

  • StockStalk  |  NOVEMBER 21, 2014 8:00 AM

    AirAsia X: Panic selling from shock losses

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    Opportunity knocks when a stock falls to an all-time low. Long-haul budget carrier AirAsia X is one such stock that saw panic selling after posting its fourth consecutive loss-making quarter this week.

  • Economy & Featured and Exclusive  |  NOVEMBER 21, 2014 8:00 AM

    US shows positive economic data in October

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    Underlying inflation pressures rose in October, even as falling gasoline prices kept overall US consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve (Fed).

  • Commodities  |  NOVEMBER 21, 2014 7:44 AM

    Gold rises as price drop tempts physical buyers

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    Gold rose on Thursday on data showing rising US inflation, and after the previous day's 1% drop triggered renewed physical interest by price-sensitive Asian buyers.

  • Markets  |  NOVEMBER 21, 2014 7:35 AM

    US$ rally pauses, further yen weakness seen

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    The US dollar dipped from a seven-year high against the yen on Thursday as stocks gained, pausing a rally that has sent the greenback up by almost 10% in three weeks, though many see the US currency on track for further gains.

  • Commodities  |  NOVEMBER 21, 2014 7:29 AM

    Oil up on strong US data, Opec cut speculation

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    Oil closed higher on Thursday, snapping a three-day loss, as strong US economic data bolstered crude markets, but focus remained on whether the Organisation of the Petroleum Exporting Countries (Opec) will cut output to end a five-month long selloff when it meets next week.

  • Featured and Exclusive & Markets  |  NOVEMBER 21, 2014 7:16 AM

    Dow, S&P 500 end at records after US data, Intel outlook

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    The Dow and S&P 500 finished at record highs on Thursday, as data showed further strength in the US economy and Intel gave an upbeat forecast.

  • Corporate  |  NOVEMBER 20, 2014 10:32 PM

    YTL Power Q1 pre-tax profit rises y-o-y, revenue falls

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    YTL Power International Bhd's pre-tax profit increased to RM302.87 million for the first quarter ended Sept 30, 2014 from RM249.28 million in the same period last year.

  • Corporate  |  NOVEMBER 20, 2014 10:19 PM

    Mah Sing to raise RM630 mil for future expansion

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    Mah Sing Group Bhd is embarking on a corporate exercise to raise up to RM630 million for the group's future expansion.

  • Featured and Exclusive  |  NOVEMBER 20, 2014 10:00 PM

    NYT: China firm paid for BN politicians’ datukships

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    A China mining company admitted to paying for the datukships of BN politicians in order to ease operations at its iron ore mine in Bukit Besi, Terengganu.

  • Corporate & Featured and Exclusive  |  NOVEMBER 20, 2014 9:22 PM

    SapuraKencana to buy Petronas’ Vietnam assets

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    SapuraKencana Petroleum Bhd has won the bid to acquire the entire interest in Petronas' assets in three blocks offshore south Vietnam for US$400 million (RM1.3 billion).

  • Corporate  |  NOVEMBER 20, 2014 9:08 PM

    Pos M’sia pre-tax profit falls to RM49.6 mil

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    Pos Malaysia Bhd's pre-tax profit fell to RM49.603 million for the second quarter ended Sept 30, 2014 from RM54.757 million in the same period last year.

  • Corporate  |  NOVEMBER 20, 2014 8:10 PM

    Eco World records RM3 bil property sales for FY14

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    [email protected]

    Property developer Eco World Development Group Bhd exceeded its sales target by 50% for the 13-month period ended Oct 31, 2014 (FY14), raking in RM3.2 billion compared to its original target of RM2 billion.