• Markets  |  SEPTEMBER 17, 2014 1:10 PM

    KL shares slightly lower are mid-day

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session 3.68 points or 0.20% easier at 1,843.62, dragged down by losses in selected blue chips.

  • Launches  |  SEPTEMBER 17, 2014 1:05 PM

    CIMB Niaga-Air Asia BIG Card to target travellers

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    PT Bank CIMB Niaga Tbk (CIMB Niaga), PT Indonesia AirAsia (AirAsia Indonesia) and Think BIG Digital Sdn Bhd (BIG) launched the CIMB Niaga AirAsia BIG co-branded credit card in Jakarta yesterday. Themed “Holiday On Us” the card aims to target …

  • Opinion  |  SEPTEMBER 17, 2014 1:04 PM

    Faulty wells, not fracking, cause water pollution

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    As it turns out, fracking doesn’t necessarily pollute the water supply. But the wells used for fracking might. The distinction matters because drilling companies know how to make wells more reliable, even if all the effects of the fracking process …

  • Commodities  |  SEPTEMBER 17, 2014 1:04 PM

    KLTM closes US$100 higher on technical correction

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    The Kuala Lumpur Tin Market (KLTM) closed US$100 higher today at US$21,200 a tonne on technical correction, dealers said.

  • Corporate & Featured and Exclusive  |  SEPTEMBER 17, 2014 12:58 PM

    ‘Forced labour rife in M’sia’s electronics sector’

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    A US Department of Labour funded report states that up to a third of some 350,000 workers in Malaysia's electronics industry suffer from conditions of modern-day slavery such as debt bondage.

  • Corporate  |  SEPTEMBER 17, 2014 12:49 PM

    TNB to only accept cheques for own bills from Oct 1

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    Tenaga Nasional Bhd (TNB) will no longer accept cheques in payment of Telekom Malaysia, water and local authorities’ bills from Oct 1. According to Mohd Aminuddin Mohd Amin, the senior general manager of TNB’s corporate affairs and communications , the …

  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 12:14 PM

    Alibaba options to be listed in exchanges on Sept 29

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    Alibaba's options will be listed on CBOE Holdings Inc and International Securities Exchange Holdings' options exchanges on Sept 29, pending the company's public sale of shares this week.

  • Economy & World Biz  |  SEPTEMBER 17, 2014 12:06 PM

    OECD plans crackdown on corporate tax avoidance

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    The tax-avoidance strategies that companies like Google Inc, Apple Inc and Inc use to escape more than $100 billion (RM322 billion) a year of levies in the US and Europe are under threat from a plan drawn up by …

  • Markets  |  SEPTEMBER 17, 2014 11:49 AM

    KL shares 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.

  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 11:39 AM

    NASA awards Boeing, SpaceX RM21 bil space taxi contracts

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    NASA awards long-time aerospace contractor Boeing and California's SpaceX with contracts valued at a combined US$6.8 billion (RM21.9 billion) to develop, certify and fly commercially owned and operated "space taxis" to fly astronauts to the International Space Station.

  • Corporate & Economy  |  SEPTEMBER 17, 2014 11:01 AM

    MCKIP expects to hit RM10 bil investment target by 2015

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    The Malaysia-China Kuantan Industrial Park (MCKIP) is expected to achieve its targeted investment volume of RM10 billion by next year.

  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 10:57 AM

    United offers RM322,051 buyouts to attendants

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    United Airlines, the only major US carrier to post a quarterly loss this year, is offering its flight attendants buyouts of as much as US$100,000 (RM322,051) as it seeks to rein in costs.

  • World Biz  |  SEPTEMBER 17, 2014 10:41 AM

    Mitsubishi Motors builds new RM1.9 bil Indonesian factory

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    Mitsubishi Motors Corp is leading a US$600 million (RM1.9 billion) investment in Indonesia to build a factory and develop a new car, as the Japanese auto maker seeks to expand in a growing and increasingly competitive auto market.

  • Markets  |  SEPTEMBER 17, 2014 10:07 AM

    Ringgit opens higher against US dollar

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    The ringgit opened higher against the US dollar today on improved demand for the local unit.

  • Featured and Exclusive & World Biz  |  SEPTEMBER 17, 2014 10:00 AM

    Microsoft announces smallest dividend increase since 2009

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    Microsoft Corp on Tuesday announced the smallest percentage increase in its quarterly dividend since 2009.

  • Markets  |  SEPTEMBER 17, 2014 10:00 AM

    KL shares open lower in early trade

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    Share prices on Bursa Malaysia opened lower today, despite an upbeat overnight performance on Wall Street, dealers said.

  • Markets  |  SEPTEMBER 17, 2014 8:05 AM

    US dollar at 2-week low vs euro and Swiss franc

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    The dollar fell to nearly two-week lows against the euro and Swiss franc on Tuesday, pressured by a report that said the Federal Reserve was unlikely to change its dovish stance on near-zero interest rates at a two-day policy meeting that ends on Wednesday.

  • StockStalk  |  SEPTEMBER 17, 2014 8:00 AM

    Wah Seong: Baby steps beyond pipe-coating

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    The pipe coating giant is spreading its wings beyond its core business, including a biomass renewable energy project in Cambodia. Will this diversification of revenue streams finally enable Wah Seong to demerge its oil & gas division?

  • Commodities  |  SEPTEMBER 17, 2014 7:52 AM

    Gold price rises on weak dollar and rallying oil prices

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    Gold rose on Tuesday as a weaker dollar and rallying crude oil prices prompted bullion investors to cover bearish bets ahead of a closely watched policy statement by the Federal Reserve.

  • Markets  |  SEPTEMBER 17, 2014 7:42 AM

    US stocks rise ahead of Fed policy announcement

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    US stocks rose on Tuesday and the S&P notched its best performance in a month after a report shifted investor expectations for the Federal Reserve's policy statement due on Wednesday.