• World Biz  |  OCTOBER 24, 2014 2:54 PM

    Facebook launches pseudonymous app – Rooms

    Story by

    Facebook has released its new app Rooms, which allow users to enter chat rooms using pseudonyms, the social media network said Thursday.

  • World Biz  |  OCTOBER 24, 2014 2:53 PM

    AMC Networks buys 49.9% stake in BBC America

    Story by

    AMC Networks Inc said on Thursday it agreed to pay US$200 million (RM654.63 million) for a 49.9% stake in BBC America and would take operational control of the cable television channel.

  • Singapore  |  OCTOBER 24, 2014 2:34 PM

    S’pore inflation slows, thanks to elderly healthcare

    Story by

    Singapore’s inflation data took economists by surprise yesterday, and not just because it was the slowest pace in seven months. The jolt came from the source of the easing - a health care subsidy for the elderly.

  • World Biz  |  OCTOBER 24, 2014 2:28 PM

    Ericsson reports 9.4% decline in Q3 profit

    Story by

    Ericsson AB reported a 9.4% decline in third-quarter profit as competition in the wireless network equipment market weighed on margins.

  • Economy  |  OCTOBER 24, 2014 2:23 PM

    Korea’s e-commerce trade deficit widens

    Story by

    For an economy built on exports and tech-savvy giants like Samsung Electronics Co, South Korea’s widening trade deficit in e-commerce is a sore point that has caught the government’s attention.

  • Corporate & Economy  |  OCTOBER 24, 2014 2:22 PM

    M’sia’s unemployment falls slightly to 2.7% in August

    Story by

    Malaysia's unemployment rate in August 2014 declined marginally to 2.7% from 2.8% in the previous month, the Statistics Department said.

  • World Biz  |  OCTOBER 24, 2014 2:07 PM

    Pandora’s 3Q listener growth slows to 5.2%

    Story by

    Pandora Media Inc declined in late trading after the largest Internet radio service reported user growth slowed to 5.2% in the third quarter.

  • Economy, Featured and Exclusive, World Biz  |  OCTOBER 24, 2014 2:06 PM

    US Fed facing the new challenge of no-inflation

    Story by

    After months of focus on slack in US labour markets, the Federal Reserve faces a new challenge: the possibility that weak inflation may be so firmly entrenched it upends the return to normal monetary policy.

  • World Biz  |  OCTOBER 24, 2014 1:55 PM

    Volvo’s 3Q profit falls as demand slows

    Story by

    Volvo AB plans to widen a cost-cutting project as the truckmaker’s third quarter profit fell on slowing demand in South America and Asia.

  • World Biz  |  OCTOBER 24, 2014 1:52 PM

    Toyota sells Tesla shares

    Story by

    Toyota Motor Corp, one of Tesla Motors Inc’s top shareholders, sold some of its stake in the electric-car maker as sales of their jointly developed plug-in SUV wind down.

  • World Biz  |  OCTOBER 24, 2014 1:49 PM

    Google said to buy office buildings for RM1.9bil

    Story by

    Google Inc bought six office buildings, northwest of its Silicon Valley headquarters from Starwood Capital Group LLC and Blackstone Group LP in a US$585 million (RM1.9 billion) deal, two people with knowledge of the matter said.

  • Corporate  |  OCTOBER 24, 2014 1:29 PM

    Only World Group plans to raise RM50mil from IPO

    Story by

    Only World Group Holdings Bhd plans to raise RM50 million from its initial public offering (IPO), targeted by year-end.

  • Finance  |  OCTOBER 24, 2014 1:20 PM

    New Asian infrastructure bank in the works

    Story by
    [email protected]

    The Malaysian government today signed an agreement with 20 other proposed founding member countries to establish the Asian Infrastructure Investment Bank (AIIB), which will fund infrastructure development. Finance Minister II, Ahmad Husni Hanadzlah signed a non-binding multilateral memorandum of understanding …

  • Commodities  |  OCTOBER 24, 2014 1:14 PM

    KLTM closes US$40 lower at US$19,490 a tonne

    Story by

    The Kuala Lumpur Tin Market (KLTM) was down by US$40 today to close at US$19,490 a tonne, in line with the decline in the metal's price on the London Metal Exchange (LME), a dealer said.

  • Markets  |  OCTOBER 24, 2014 1:04 PM

    KL shares marginally higher at mid-day

    Story by

    Share prices on Bursa Malaysia finished the morning session slightly higher on mild buying interest, as most investors stayed on the sidelines ahead of the weekend, dealers said.

  • World Biz  |  OCTOBER 24, 2014 12:58 PM

    Amazon’s cloud division returns to growth

    Story by Inc’s cloud division returned to growth after a hiccup earlier this year, as price cuts attracted new customers and spurred existing clients to spend more.

  • Featured and Exclusive, Finance, World Biz  |  OCTOBER 24, 2014 12:56 PM

    3 major nations absent as China launches AIIB

    Story by

    Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.

  • Economy, Featured and Exclusive, World Biz  |  OCTOBER 24, 2014 12:30 PM

    China’s unemployment drops to 4.07%, adds 10 mil jobs

    Story by

    China's urban registered unemployment rate was 4.07% at the end of September, down slightly from 4.08 percent at the end of the second quarter, the labour ministry said on Friday.

  • World Biz  |  OCTOBER 24, 2014 11:41 AM

    Amazon shares plunge on disappointing results

    Story by Inc's sales projections for the crucial holiday quarter disappointed Wall Street and third-quarter results missed forecasts, sending the online retailer's shares 9% lower on Thursday.

  • Featured and Exclusive & World Biz  |  OCTOBER 24, 2014 11:38 AM

    Microsoft reports higher-than-expected Q3 revenue

    Story by

    Microsoft Corp reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.