• World Biz  |  OCTOBER 23, 2014 2:32 PM

    ‘Apple Pay an opportunity, not threat’

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    Apple Inc’s latest products are an opportunity for Gemalto NV and have been wrongly perceived as a threat, said chief executive officer Olivier Piou.

  • Featured and Exclusive & World Biz  |  OCTOBER 23, 2014 2:31 PM

    Honda recalls new Fit hybrid for 5th time in Japan

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    Honda Motor Co said it would call back the new Fit hybrid subcompact model for the fifth time in less than a year in Japan, issuing a recall on Thursday of two defects that cover 425,825 cars in Japan.

  • Economy & Featured and Exclusive  |  OCTOBER 23, 2014 2:18 PM

    New eRezeki project to train low-income individuals

    Story by

    Prime Minister Najib Abdul Razak today announced the eRezeki project to connect Malaysians at the bottom 40% of the income pyramid (B40) with domestic and global digital income.

  • World Biz  |  OCTOBER 23, 2014 2:11 PM

    Honda airbag deaths draw US Congress’ attention

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    The congressional investigators, who dug into fatal defects in General Motors Co and Toyota Motor Corp cars, are now asking US safety regulators to brief them about potentially deadly airbags.

  • Corporate  |  OCTOBER 23, 2014 1:27 PM

    PBB’s 3Q pre-tax profit increases to RM1.55bil

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    Public Bank Bhd's pre-tax profit for the third quarter ended Sept 30, 2014, increased to RM1.55 billion from RM1.36 billion recorded in the same period last year.

  • Markets  |  OCTOBER 23, 2014 1:21 PM

    KL shares higher at mid-day

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    Share prices on Bursa Malaysia were higher at midday on buying interest, following the overnight fall in oil prices, dealers said.

  • Commodities  |  OCTOBER 23, 2014 1:12 PM

    KLTM closes higher at US$19,530 a tonne

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    The Kuala Lumpur Tin Market (KLTM) closed US$80 higher today at US$19,530 a tonne on a technical correction, dealers said.

  • World Biz  |  OCTOBER 23, 2014 1:08 PM

    CICC chairman leaves, after CEO’s resignation last week

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    Jin Liqun, chairman of investment bank China International Capital Corp (CICC), resigned after less than two years in the job, the second top executive to exit the firm in two weeks.

  • Property  |  OCTOBER 23, 2014 12:57 PM

    NYC’s ultra-luxury condo boom

    Story by

    New York City developers will spend 60% more on new homes this year, while adding only 22% more units. It is a sign of the market’s tilt toward luxury condominiums, the New York Building Congress said.

  • World Biz  |  OCTOBER 23, 2014 12:33 PM

    Boeing reports 7% increase in Q3 revenue to RM77.7 bil

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    The Boeing Company reported a 7% increase in third-quarter revenue to US$23.8 billion (RM77.7 billion) on higher commercial deliveries.

  • Featured and Exclusive  |  OCTOBER 23, 2014 12:33 PM

    China’s Hong Kong follies

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    HONG KONG – The massive public demonstrations by students and young members of the middle-class that have roiled Hong Kong in recent weeks are ostensibly demands for democracy. But they actually reflect frustration among a population that has been poorly …

  • World Biz  |  OCTOBER 23, 2014 12:13 PM

    Manhattan’s Mr. Chocolate proves cost not a problem

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    Jacques Torres is betting Americans simply can’t kick their chocolate habit even after the price of cocoa surged to the highest in three years. Torres, a former pastry chef at New York’s swanky Le Cirque restaurant who dubbed himself Mr. …

  • World Biz  |  OCTOBER 23, 2014 12:03 PM

    SoftBank, US firm to invest in Indonesia’s PT Tokopedia

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    Japan's SoftBank Corp said on Wednesday that a US subsidiary and a US venture capital have agreed to invest US$100 million (RM326.3 million) in PT Tokopedia, one of Indonesia's biggest e-commerce site operators, reports Japan's Jiji Press news agency.

  • Featured and Exclusive & World Biz  |  OCTOBER 23, 2014 11:53 AM

    Xiaomi shifts non-Chinese users’ data out of Beijing

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    Fast-growing Chinese smartphone maker Xiaomi Inc said on Thursday it is migrating some data on non-Chinese customers away from its servers in Beijing due to performance and privacy considerations.

  • Markets  |  OCTOBER 23, 2014 11:29 AM

    KL shares continue uptrend at mid-morning

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    Share prices on Bursa Malaysia remained on the uptrend at mid-morning on continued buying interest, an analyst said.

  • Property & Singapore  |  OCTOBER 23, 2014 11:04 AM

    M’sians lead significantly as top home buyers in S’pore

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    The gap between Malaysian and Chinese private home buyers in Singapore widened in the third quarter, after purchases by mainland Chinese fell more than those by Malaysians, the Business Times reported.

  • Featured and Exclusive & World Biz  |  OCTOBER 23, 2014 11:00 AM

    Alibaba’s Ma said to push for online Hollywood content

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    Billionaire Jack Ma is stepping up his Hollywood dealmaking push, leading a team of Alibaba Group Holding Ltd executives meeting with studios to acquire online content, people with knowledge of the situation said.

  • Corporate, Featured and Exclusive, Markets  |  OCTOBER 23, 2014 10:15 AM

    CIMB & MBSB shares drop after EPF barred from vote

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    Shares of Malaysia's CIMB Group Holdings Bhd dropped nearly 2.2% on Thursday after local media reported the Employees Provident Fund (EPF), a key shareholder in CIMB, may be forced to cut its stake to help facilitate a planned merger.

  • Markets  |  OCTOBER 23, 2014 9:53 AM

    Ringgit opens lower against US dollar

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    The ringgit opened lower against the greenback this morning, dampened by weak buying momentum, a dealer said.

  • Markets  |  OCTOBER 23, 2014 9:41 AM

    Shares on Bursa rebound to open higher

    Story by

    Share prices on Bursa Malaysia rebounded to open higher this morning amid positive sentiment and in line with regional peers, dealers said. At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,807.41, rising 11.19 points, after opening 4.94 …