• Corporate  |  OCTOBER 21, 2014 2:59 PM

    Icon Offshore awarded RM63.5 mil contract

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    Icon Offshore Bhd, through its wholly-owned subsidiary Icon Offshore Group Sdn Bhd, has been awarded a contract from Talisman Malaysia Limited for the provision of an anchor handling/tug/supply (AHTS) vessel for a contract period of two years, which commenced in September 2014.

  • Commodities  |  OCTOBER 21, 2014 2:56 PM

    India closer to ending state monopoly on coal

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    India stepped closer to ending a four-decade-old government monopoly on mining and selling coal, as Prime Minister Narendra Modi seeks to tackle fuel shortages.

  • World Biz  |  OCTOBER 21, 2014 2:47 PM

    Apple to lump watch under “other products”

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    Apple Inc is putting a limit on how much information it will share about the performance of Apple Watch.

  • World Biz  |  OCTOBER 21, 2014 2:41 PM

    Microsoft CEO receives RM275.38mil pay package

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    Microsoft Corp chief executive officer Satya Nadella was given a compensation package worth as much as US$84.3 million (RM275.38 million) for the software maker’s latest fiscal year, about 11 times his pay from the previous year.

  • Finance  |  OCTOBER 21, 2014 2:33 PM

    Sovereign bonds beating stocks in October

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    For all the gyrations in bonds over the past week, government securities are beating stocks in October by the most in two years. Treasuries rallied today.

  • Commodities  |  OCTOBER 21, 2014 2:25 PM

    KLTM closes US$50 higher at US$19,450 a tonne

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    The Kuala Lumpur Tin Market (KLTM) appreciated by US$50 today to close at US$19,450 a tonne, in line with the rise in the metal price on the London Metal Exchange (LME).

  • Markets  |  OCTOBER 21, 2014 2:21 PM

    KL shares retreat at mid-day on profit-taking, CI dips 0.21%

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session today 0.21%, easier on profit-taking activity with most players staying on the sidelines.

  • Featured and Exclusive & World Biz  |  OCTOBER 21, 2014 11:38 AM

    Amazon, Simon & Schuster sign multiyear book deal

    Story by Inc and publisher Simon & Schuster have agreed to a multiyear deal for the sale of print and digital books, the companies said today.

  • Markets  |  OCTOBER 21, 2014 11:38 AM

    KL shares turn red at mid-morning

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    Share prices on Bursa Malaysia slid into the red at mid-morning trading on Tuesday as profit-taking activity emerged among heavyweight stocks.

  • Markets  |  OCTOBER 21, 2014 10:36 AM

    KL shares open marginally higher

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was marginally higher this morning, in the wake of a mixed performance by its regional peers and Wall Street, dealers said.

  • Markets  |  OCTOBER 21, 2014 10:12 AM

    Ringgit opens higher against US dollar

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    The ringgit opened higher against the US dollar today on strong buying interest, a dealer said.

  • Corporate & Featured and Exclusive  |  OCTOBER 21, 2014 9:00 AM

    British Columbia to unveil details of LNG tax this week

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    British Columbia is set to unveil the details of its long-awaited liquefied natural gas (LNG) tax regime within days, which should provide clarity for Petronas, which threatened this month to delay its US$11 billion (RM36 billion) LNG project by more than a decade unless a favourable tax deal was reached by the end of October.

  • Featured and Exclusive & World Biz  |  OCTOBER 21, 2014 8:30 AM

    China-backed hackers said to have infiltrated Apple’s iCloud

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    Apple Inc's iCloud storage and backup service in China was attacked by hackers trying to steal user credentials and other information, a cybersecurity blog charged on Monday, saying it believes the country's government is behind the campaign.

  • Commodities & Featured and Exclusive  |  OCTOBER 21, 2014 7:39 AM

    Oil falls below US$86 a barrel

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    Brent crude fell on Monday, dropping below US$86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. US crude hovered below US$83 a barrel.

  • Commodities  |  OCTOBER 21, 2014 7:26 AM

    Gold up on physical bids, breaks 2-day drop

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    Gold rose on Monday, snapping two straight losing sessions, boosted by a fall in the dollar and renewed physical demand related to Diwali, India's major bullion-buying event this week.

  • Finance & Markets  |  OCTOBER 21, 2014 7:21 AM

    Dollar extends modest losses

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    Major currencies traded in tight ranges on Monday with investors facing a dearth of new data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen.

  • Markets  |  OCTOBER 21, 2014 7:15 AM

    US stocks end higher despite drag from IBM

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    US stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results limited gains.

  • World Biz  |  OCTOBER 20, 2014 9:50 PM

    Airbus markets VIP cabin concept for A330-200

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    Airbus Group NV has begun marketing a new VIP cabin concept for its A330-200 wide-body, which offers luxury comforts in the front of the plane, while providing airline-style seating at the rear.

  • Commodities  |  OCTOBER 20, 2014 9:28 PM

    Iran sees no need for emergency OPEC meeting

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    Iran, which faces sanctions on crude exports, sees no need for the Organisation of Petroleum Exporting Countries (OPEC) to hold an emergency meeting, a sign that markets may need to wait a month before the world’s biggest producer group responds to falling prices.

  • Economy  |  OCTOBER 20, 2014 9:10 PM

    Russia to reject terms to end sanctions after Ukraine talks

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    Russia’s foreign minister said his country won’t accept conditions to end sanctions, after talks in Italy failed to produce a breakthrough over the truce in Ukraine’s conflict-ridden east.