• Events  |  OCTOBER 2, 2014 2:20 PM

    NYT to host clean energy conference in Malaysia

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    The International New York Times is set to host its fifth global clean energy conference, ‘Energy for Tomorrow’ on Nov 19 and 20 at the Grand Hyatt in Kuala Lumpur.

  • Commodities  |  OCTOBER 2, 2014 2:07 PM

    KLTM rebounds to close at US$20,250 a tonne

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    The Kuala Lumpur Tin Market (KLTM) rebounded at close today to record a rise of US$100 to US$20,250 a tonne, a dealer said.

  • Corporate & World Biz  |  OCTOBER 2, 2014 2:00 PM

    Analysts expect Samsung’s profit to further weaken in 3Q

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    Samsung Electronics Co Ltd's profit is seen weakening further in the third-quarter (3Q), underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver a revamped product lineup.

  • World Biz  |  OCTOBER 2, 2014 1:34 PM

    Caltech named as world’s top university for 4th year

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    The California Institute of Technology retained the top spot for a fourth straight year in the Times Higher Education World University Rankings, and US schools accounted for seven of the top 10.

  • Markets  |  OCTOBER 2, 2014 1:02 PM

    KL shares lower at mid-day

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    Share prices on Bursa Malaysia ended the morning session lower today on extended profit-taking, ahead of the Budget 2015 announcement next week, dealers said.

  • Commodities, Economy, Featured and Exclusive  |  OCTOBER 2, 2014 12:47 PM

    Fuel subsidy reduced to lower govt deficit, says AllianceDBS

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    AllianceDBS Research views the government's move to reduce the subsidy for RON95 petrol and diesel by 20 sen per litre as a move to manage Malaysia's fiscal deficit to 3.5% in 2014 and 3.0% by 2015.

  • Issues  |  OCTOBER 2, 2014 12:43 PM

    Increasing revenue and cutting expenditure

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    The government has indicated that it wants to decrease the fiscal deficit to 3% of GDP in 2015. But with the budget for both operating and development expenditure set to rise, what can the government do to hit its goal? But also crucial is finding sources for growth.

  • Corporate  |  OCTOBER 2, 2014 12:35 PM

    Petronas to proceed with RM29 bil Canada LNG project

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    Petronas (Petroliam Nasional Bhd) is going ahead with its C$10 billion (RM29 billion) liquefied natural gas (LNG) project in British Columbia, Canada according to a report in the New Straits Times (NST). According to NST, British Columbia Premier Christy Clark …

  • Corporate  |  OCTOBER 2, 2014 12:22 PM

    Maybank announces deployment of Xelerate

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    Maybank, Southeast Asia’s fourth largest bank by assets, today announced its deployment of SunTec’s Xelerate to further enhance the customer centricity of its products and services. It will see the bank introduce more innovative product bundles that are tailored to the needs of …

  • Commodities & Economy  |  OCTOBER 2, 2014 12:04 PM

    Thailand shifts away from buying crops amid glut

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    Thailand’s junta is changing tack on agricultural policy and the government will eschew buying farm commodities directly from growers after the efforts to shore up the prices of rice and rubber spurred overproduction. The government will instead look at measures …

  • Markets  |  OCTOBER 2, 2014 11:45 AM

    KL shares remain lower at mid-morning

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    Shares on Bursa Malaysia were traded lower across the board at mid-morning today, dragged down by losses in selected index-linked counters and key heavyweights due to weak regional sentiment.

  • Featured and Exclusive & Markets  |  OCTOBER 2, 2014 11:15 AM

    Gross’s exit from Pimco shakes RM137.5 tril bond market

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    Bill Gross’s surprise departure on Friday from Pacific Investment Management Co (Pimco) sparked selloffs in some of his biggest wagers.

  • Markets  |  OCTOBER 2, 2014 10:27 AM

    KL shares open lower

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    Share prices on Bursa Malaysia opened lower on continued selling pressure as negative regional and global developments continued to weigh on local sentiment, dealers said.

  • TigerTalk  |  OCTOBER 2, 2014 10:00 AM

    Why hasn’t 1MDB filed its accounts yet?

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    The state-owned fund is a repeat offender of late submission of accounts. What does this mean? Tiger looks at some possible and plausible reasons.

  • Markets  |  OCTOBER 2, 2014 9:57 AM

    Ringgit opens higher against US dollar

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    The ringgit opened higher against the US dollar this morning on renewed demand for the local currency.

  • Featured and Exclusive, Markets, World Biz  |  OCTOBER 2, 2014 8:18 AM

    Japan stock orders of RM2 tril scrapped in trading error

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    Japan’s over-the-counter market was bombarded with RM2 trillion of erroneous stock orders in dozens of Asia’s biggest corporations. They were cancelled before they could be executed.

  • Finance & Markets  |  OCTOBER 2, 2014 7:46 AM

    US dollar tumbles from 6-year high vs yen, US yields slide

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    The dollar dropped from six-year highs against the yen on Wednesday, weighed down by a fall in US Treasury debt yields amid weakness in global stocks.

  • Commodities  |  OCTOBER 2, 2014 7:32 AM

    Gold rises as US equities sell off on Ebola fears

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    Gold rose on Wednesday, rebounding from the previous day's nine-month low near US$1,200 (RM3,928.20) an ounce, as disappointing US factory data sparked a selloff on Wall Street and prompted investors to seek a safe haven in the yellow metal.

  • Commodities  |  OCTOBER 2, 2014 7:23 AM

    Oil falls as bearish trend continues

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    Oil prices fell towards US$94 a barrel on Wednesday, continuing a three-month losing stretch as weak economic signals from China and Europe and ample global supply continued to weigh.

  • Featured and Exclusive & Markets  |  OCTOBER 2, 2014 7:15 AM

    US stocks tumble on Ebola fears

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    US stocks dropped more than 1% on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors, economic data pointed to uneven growth, and the Russell 2000 index entered correction territory.