• Featured and Exclusive & World Biz  |  OCTOBER 25, 2014 5:53 PM

    Wall St finally turning on Amazon as Bezos magic fades

    Story by Inc’s once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector’s highest valuations drew widespread ire after a spectacular …

  • Corporate, Economy, Featured and Exclusive  |  OCTOBER 25, 2014 5:39 PM

    TPPA ‘set to conclude this year’

    Story by

    Australia’s  Trade Minister Andrew Robb says the Trans-Pacific Partnership Free Trade Agreement (TPPA) is starting to take shape and “should be concluded by year’s end”, the Australian Associated Press reports. The deal will send a signal about the importance of …

  • Corporate & Property  |  OCTOBER 25, 2014 5:33 PM

    Sime darby Prop to build affordable homes

    Story by

    Sime Darby Property Bhd is to build 733 units of affordable homes and 171 units of medium cost shop lots with a gross development value of (GDV) of RM210 million at the Sime Darby Business Park, Taman Pasir Putih, Pasir …

  • Economy, Featured and Exclusive, World Biz  |  OCTOBER 25, 2014 2:43 PM

    China’s auto mart growth may halve to 7% this year

    Story by

    Growth in China’s auto market, the world’s biggest, will halve to 7% this year weighed down by a slowing economy, the head of an industry body said on Saturday. “Personally, I think growth this year can reach 7%,” Dong Yang, …

  • Featured and Exclusive & Finance  |  OCTOBER 25, 2014 2:38 PM

    Insia’s finance minister favours rate cut

    Story by

    India’s Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has signalled it will not ease policy until it is confident of …

  • Commodities  |  OCTOBER 25, 2014 2:34 PM

    Gold posts weekly loss on dollar rise, strong US data

    Story by

    Gold edged lower on Friday and closed down for the week as rallying equity markets and strong US economic data dented demand for the precious metal as an insurance against risk. Sales of new US single-family homes rose to a …

  • Markets  |  OCTOBER 25, 2014 2:30 PM

    Euro rises on bank stress tests report, short-covering

    Story by

    The euro rose on Friday ahead of an official report on the health of the euro zone’s main banks as investors continued a trend of covering their short-positions leading to buying of the currency against the US dollar. Despite Friday’s …

  • Markets  |  OCTOBER 25, 2014 2:19 PM

    Wall St up on earnings, S&P has best week in nearly 2 years

    Story by

    US stocks closed out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter & Gamble and as concerns eased over the possible spread of Ebola in the United States. The S&P 500 was …

  • Commodities & Featured and Exclusive  |  OCTOBER 25, 2014 2:11 PM

    Brent oil ends week flat, pausing rout

    Story by

    Brent oil prices fell on Friday but were little changed on the week as traders caught their breath from a months-long rout, even as signs of rising global supply and a US contango structure threatened deeper losses. US crude oil …

  • Economy  |  OCTOBER 25, 2014 1:54 PM

    PPP contributes significantly to Malaysia’s growth

    Story by

    The Public-Private Partnership (PPP) initiative, which has been implemented in Malaysia for more than 30 years, has managed to contribute significantly towards Malaysia’s rapid economic growth, said Chief Secretary to the government Ali Hamsa. He said Malaysia’s PPP success stories …

  • Corporate & Economy  |  OCTOBER 25, 2014 1:34 PM

    GST registration at 105,504 as of Oct 24

    Story by

    The number of companies registering for the Goods and Services Tax (GST) was at 104,504 as of Oct 24, an increase of 1,525 from the previous day, said the Royal Malaysian Customs Department. In a statement today, it said the …

  • Corporate, Economy, Featured and Exclusive  |  OCTOBER 25, 2014 1:29 PM

    ‘TPPA Harmful to Malaysia’s Balance of Trade’

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    The report entitled “TPPA Harmful to Malaysia’s Balance of Trade, Says WTO” was not written by anyone in the WTO Secretariat as reported but was written by an Unctad official named Rashim Banga for the Centre for WTO Studies in …

  • Commodities  |  OCTOBER 25, 2014 1:12 PM

    KLTM to hover around US$19,500 a tonne next week

    Story by

    The Kuala Lumpur Tin Market (KLTM) is expected to hover around US$19,500 per tonne next week, supported by foreign traders. A dealer said the KLTM would also see sustained demand. “The tin price will be slightly up with continuous demand …

  • Markets  |  OCTOBER 25, 2014 1:02 PM

    Shares on Bursa to trend higher next week

    Story by

    Share prices on Bursa Malaysia are expected to see a greater upside next week, supported by further bargain-hunting interest ahead of the October month-end closing, an analyst said. The FTSE Bursa Malaysia KLCI (FBM KLCI) is also likely to take …

  • Commodities  |  OCTOBER 25, 2014 12:53 PM

    Rubber mart likely to trend higher next week

    Story by

    The Malaysian rubber market is expected to trend higher next week on improved demand for the commodity, said a dealer. He said recent moves by major rubber producers would help boost the prices of the commodity. “The rubber market will …

  • Markets  |  OCTOBER 25, 2014 12:50 PM

    Ringgit set to trade cautiously against US$ next week

    Story by

    The ringgit is likely to continue its cautious trade against the US dollar next week on a lack of fresh leads, a dealer said. “Investors are waiting on the sidelines in anticipation of the outcome of the US Federal Reserve …

  • Editor's Blog & Featured and Exclusive  |  OCTOBER 25, 2014 10:30 AM

    In mega bank merger, Aabar’s shadow looms large

    Story by
    [email protected]

    Here are some of our best stories this week — news, analyses and comments you won’t find anywhere else:

  • Finance  |  OCTOBER 24, 2014 9:53 PM

    25 banks said to fail ECB’s stress test

    Story by

    25 lenders in the European Central Bank’s (ECB) euro area bank health check are set to fail the regulator’s Comprehensive Assessment, according to a draft communique of the final results, seen by Bloomberg News.

  • Finance  |  OCTOBER 24, 2014 9:34 PM

    US Treasuries rises amidst Ebola fear

    Story by

    Treasuries rose as higher relative yields to Group of Seven (G7) counterparts lured investors, amid concern a New York Ebola case reflects further spreading of the virus that may weigh on the global economy.

  • Corporate  |  OCTOBER 24, 2014 9:14 PM

    Perak Corp urged to withdraw SCR exercise

    Story by

    The Perak State Development Corporation (PKNPk) has asked Perak Corporation Bhd to withdraw the proposed selective capital reduction (SCR) and repayment exercise.