• World Biz  |  APRIL 1, 2015 8:35 AM

    Judge approves sale of 1,700 RadioShack stores

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    The judge overseeing RadioShack Corp’s bankruptcy said he will approve the sale of about 1,700 stores to the chain’s biggest shareholder.

  • Issues & TigerTalk  |  APRIL 1, 2015 8:00 AM

    Cut the politics and seal water deal

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    The water restructuring in Selangor is set for another long standoff, with the state and Putrajaya now at loggerheads over the master agreement. Is the politics of water rearing its ugly head again?

  • Finance & Markets  |  APRIL 1, 2015 7:54 AM

    Euro falls on way to worst qtr; dollar best since 2008

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    The euro fell to a 10-day low against the dollar on Tuesday, putting it on track for the worst quarter in its 15-year history, as investors renewed bets the US Federal Reserve would raise rates later this year while the European Central Bank moves to boost the euro zone economy.

  • Commodities  |  APRIL 1, 2015 7:48 AM

    Gold falls on stronger US dollar

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    Gold turned lower on Tuesday, pressured by the firm US dollar and weak oil prices, and with expectations that the Federal Reserve will increase interest rates this year pushing bullion toward its second monthly decline.

  • Markets  |  APRIL 1, 2015 7:36 AM

    Wall St down on energy & healthcare shares retreat

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    US stocks fell on Tuesday as energy and healthcare shares retreated, but the S&P 500 and Nasdaq registered their ninth straight quarterly advance.

  • StockStalk  |  APRIL 1, 2015 7:30 AM

    E&O: Established Penang presence to weather slowdown?

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    Analysts remain cautious on Eastern & Oriental Holdings Berhad (E&O)’s due to a dimming property outlook despite recent project announcements. Will the Penang heavyweight be able to weather the storm with its model of luxury projects and foreign investors?

  • Commodities  |  APRIL 1, 2015 7:17 AM

    Oil drops for 3rd straight session on Iran talks

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    Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12% for the month, as world powers entered into intense negotiations with Iran for a nuclear deal that could bring more of its oil to an oversupplied market.

  • Singapore & World Biz  |  MARCH 31, 2015 11:30 PM

    SIA denies buying stake in HK Airlines

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    Singapore Airlines Ltd (SIA) denied on Tuesday a media report that it is in talks to buy a stake in Hong Kong Airlines International Holdings Ltd.

  • Corporate  |  MARCH 31, 2015 11:24 PM

    Mosti sets aside RM50 mil for ‘buy back’ policy

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    The Science, Technology and Innovation Ministry (Mosti) has allocated RM50 million for the "buy back" policy of high innovative products produced by local companies.

  • Corporate  |  MARCH 31, 2015 11:16 PM

    Angkasa plans to issue int’l syariah-compliant certificates

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    The National Cooperative Movement of Malaysia (Angkasa) is planning to introduce a syariah-compliant certificate for international level following greater interest from foreign countries for Islamic finance and halal products.

  • Corporate  |  MARCH 31, 2015 11:12 PM

    MaGIC Accelerator applications start tomorrow

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    The applications for MaGIC Accelerator Programme (MAP), the largest accelerator programme in Southeast Asia, will open tomorrow.

  • Corporate  |  MARCH 31, 2015 11:07 PM

    Bus fares depend on other factors too, says minister

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    The fixing of bus fares is not only subjected to fuel price alone, but also depends on several other costs, said Minister in the Prime Minister's Department Nancy Shukri.

  • Corporate  |  MARCH 31, 2015 11:00 PM

    GST right thing for economy, says Maybank CEO

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    The implementation of the goods and services tax (GST) to be enforced by the government on April 1, is the right thing for the economy, said Maybank group president and chief executive officer Abdul Farid Alias.

  • Corporate, Economy, Featured and Exclusive  |  MARCH 31, 2015 10:55 PM

    ‘Ringgit outflow jumps 146% from 2011 to 2014′

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    The ringgit outflows increased by 146% to RM32.1 billion from 2011 to Dec 31, 2014, Deputy Finance Minister Chua Tee Yong said.

  • Corporate & Featured and Exclusive  |  MARCH 31, 2015 10:43 PM

    No price hike for petrol and diesel, govt says

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    Pump prices for RON95, RON97 and diesel will remain unchanged tomorrow. RON97 will, however, be charged the 6% goods and services tax which comes into force tomorrow, Bernama reported.

  • Commodities & Featured and Exclusive  |  MARCH 31, 2015 9:04 PM

    Opec output rises to 19-month high; led by Iraq, Libya

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    The Organisation of Petroleum Exporting Countries (Opec) oil production rose in March to the highest level since August 2013, led by gains in Iraq and Libya.

  • Corporate  |  MARCH 31, 2015 8:58 PM

    Crescendo’s FY15 PBT dips slightly to RM155.53 mil

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    Crescendo Corporation Bhd's pre-tax profit for the financial year ended Jan 31, 2015 (FY15) declined to RM155.53 million from RM159.01 million recorded in the previous year.

  • Corporate  |  MARCH 31, 2015 8:53 PM

    Prices at Pasar Tani to remain unchanged, assures minister

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    Agriculture and Agro-based Industry Minister Ismail Sabri Yaakob has given assurance that the prices of goods at 580 farmers' markets nationwide will remain unchanged even after the goods and services tax (GST) takes effect tomorrow.

  • Corporate  |  MARCH 31, 2015 8:36 PM

    KL Monorail resumes normal service

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    Rapid KL's monorail service was back to normal at 4pm today after operating on degraded mode without the support of automatic signalling system since yesterday due to damaged transmission cables.

  • Corporate  |  MARCH 31, 2015 8:26 PM

    No GST for Family Takaful plans

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    Family Takaful plans are not subjected to the goods and services tax (GST) while General Takaful plans will be charged under the new tax regime, said the Malaysian Takaful Association (MTA).