• Markets  |  APRIL 21, 2014 9:53 AM

    KL shares higher in early session

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    Shares in Bursa Malaysia opened lower but picked up momentum thereafter lifted by gains in selected heavyweights such as United Plantations and PPB Group. At 9.18am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.47 points better at 1,857.16 after opening 1.08 …

  • Commodities  |  APRIL 21, 2014 9:47 AM

    Gold futures opens higher

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    Gold futures contract opened higher this morning on continued buying interest for the precious metal. At 9.13am, April 2014 gained 11 ticks to RM134.90 a gramme and May added 15 ticks to RM135.15 a gramme. June 2014 rose eight ticks to RM135.10 …

  • World Biz  |  APRIL 21, 2014 9:35 AM

    Former Soros team to start RM486 mil HK-based hedge fund

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    A former Soros Fund Management team will start a Hong Kong-based hedge fund in the third quarter of 2014 with at least US$150 million in initial capital including seed capital from HS Group, making it one of the biggest start-ups …

  • Markets  |  APRIL 21, 2014 8:17 AM

    US dollar firm as traders eye Ukraine

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    Dollar firms in early Asian trading on Monday as traders keep one eye on Ukraine.

  • Economy  |  APRIL 21, 2014 8:16 AM

    Japan March exports rise 1.8% from last year

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    Japan’s exports rose 1.8% in March from a year earlier, Ministry of Finance data showed on Monday, suggesting that sluggish external demand could put a drag on the economy already hit by the April 1 sales tax hike. The rise …

  • Corporate & Featured and Exclusive  |  APRIL 21, 2014 8:11 AM

    MAS plane returns safely after landing gear scare

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    A Malaysia Airlines passenger plane with 166 people on board landed safely at Kuala Lumpur airport early on Monday after being forced to abandon a flight to Bangalore because of problems with its landing gear, the airline said. Defence Minister …

  • Commodities  |  APRIL 21, 2014 7:37 AM

    Brent rises amid renewed violence in eastern Ukraine

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    Brent crude rose after renewed violence in eastern Ukraine threatened to destabilize an accord reached last week with Russia, the world’s largest energy producer. West Texas Intermediate in New York was steady. Futures in London gained as much as 0.3%, …

  • World Biz  |  APRIL 21, 2014 7:11 AM

    Lexus aloof from China production while Nissan, Honda step in

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    The head of Lexus, the premium brand of Toyota Motor Corp, said on Sunday an emphasis on quality had kept it from manufacturing in China. Unlike German peers Audi, Volkswagen AG’s luxury division and BMW, Lexus imports all of its …

  • Economy & Enterprise  |  APRIL 20, 2014 8:23 PM

    ‘Nine programs through MaGIC to create entrepreneurs’

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    The government through the Malaysian Global Innovation and Creative Centre (MaGIC) has created nine programmes to brush up the entrepreneurial skills among youth, said Finance Ministry Secretary-General Mohd Irwan Serigar Abdullah. He said these programmes were aimed at creating the culture of entrepreneurship among …

  • Corporate & Economy  |  APRIL 20, 2014 7:00 PM

    Govt mulls temporary pipe to Sg Langat

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    The Government is considering installing a 1.5-kilometre temporary pipe from the tunnel that will supply raw water from Pahang to the Langat 2 Water Treatment Plant, to Sungai Langat in Selangor to feed water to existing water treatment plants as means to solve …

  • Corporate & Economy  |  APRIL 20, 2014 2:30 PM

    Is there a need to privatise PLUS?

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    Many politicians and analysts are in agreement that recent calls for the privatisation of Malaysia’s longest highway that stretches from the Thai border to Singapore are illogical as the North-South Expressway (NSE) was nationalised four years ago. This happened when PLUS was delisted …

  • Economy & World Biz  |  APRIL 19, 2014 1:17 PM

    TPPA talks to continue as US and Japan disagree

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    The 12 nations brokering a Pacific-rim trade deal will continue talks as the US and Japan were unable to overcome key differences in advance of a planned visit by President Barack Obama to Japan. US Trade Representative Michael Froman and …

  • Featured and Exclusive  |  APRIL 19, 2014 12:30 PM

    Remembering the Tiger of Jelutong

    This week the nation was rocked by the sudden passing of political giant Karpal Singh two days ago. Both political divides came together to remember a man who seemed like he has been in politics forever. Throughout the week we …

  • World Biz  |  APRIL 19, 2014 10:55 AM

    European bonds rise on ECB stimulus speculation

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    European government bonds advanced this week, with Italian and Irish yields falling to the lowest levels on record, as prospects of further European Central Bank stimulus fueled demand for the region’s debt securities. Portugal’s 10-year yield dropped to the least …

  • Markets  |  APRIL 19, 2014 10:47 AM

    FBM-KLCI to trend higher next week

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    The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to trend higher towards the 1,880 points level next week prompted by  improved market sentiment amid positive market-moving external global events. Affin Investment Bank Vice-President/Head of Retail Research Dr Nazri Khan said global …

  • Markets  |  APRIL 19, 2014 10:43 AM

    Ringgit likely to trade loewerr next week

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    The ringgit is likely to trade lower against the US dollar next week as the greenback is expected to strengthen due to external factors, said a dealer. The ringgit was expected to trade between 3.23 and 3.25 versus the US dollar against a …

  • Opinion  |  APRIL 19, 2014 10:05 AM

    High tech fuels real estate prices

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    The fact that technology is so powerful not only makes physical land more valuable; it also means that future employment growth will be concentrated among the jobs that cannot be automated, particularly in services.

  • Corporate  |  APRIL 18, 2014 10:25 PM

    Key Chinese leader calls on Najib

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    A Chinese key leader called on Prime Minister Najib Razak at Malaysia’s administrative capital here today, signifying a prevailing warm Malaysia-China ties. Najib received a courtesy call from Communist Party of China (CPC) Central Committee Political Bureau member Hu Chunhua …

  • Corporate & Featured and Exclusive  |  APRIL 18, 2014 9:37 PM

    Faber ink RM1.15 bil deal to buy UEM’s AFM businesses

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    The Board of Directors of Faber Group Bhd (Faber) have accepted the RM1.15 billion offer to acquire the Asset & Facility Management (AFM) businesses of its single largest shareholder, UEM Group Bhd (UEM Group). Faber entered into a conditional share …

  • Corporate  |  APRIL 18, 2014 9:26 PM

    MRCB signs Corporate Integrity Pledge

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    Malaysian Resources Corp Bhd (MRCB)today signed the Corporate Integrity Pledge (CIP), which signalled its continued commitment to maintain a