• Corporate  |  MARCH 2, 2015 12:55 PM

    7-Eleven shares up on positive FY14 results

    Story by

    7-Eleven Malaysia Holdings' shares on Bursa Malaysia were traded higher in the early session today after recording positive growth in its financial year results ended Dec 31, 2014.

  • Corporate & Featured and Exclusive  |  MARCH 2, 2015 12:42 PM

    Malaysia Airlines to cut capacity by 10% this year

    Story by
    [email protected]

    Six months into its corporate restructuring, ailing carrier Malaysia Airlines is aiming to slash its capacity by more than 10%, owner Khazanah Nasional said today.

  • Featured and Exclusive  |  MARCH 2, 2015 12:42 PM

    Najib: Yes, my dad was a frugal man

    Story by

    Prime Minister Najib Abdul Razak has described his father - second prime minister Abdul Razak - as a principled and frugal person, in a statement to Utusan Malaysia and Berita Harian today.

  • Corporate  |  MARCH 2, 2015 12:38 PM

    Sabah customs targets RM1.2 bil in GST collections

    Story by

    The Sabah Royal Customs Department is targeting to collect RM1.2 billion in taxes under the goods and services tax (GST) to be enforced on April 1.

  • Corporate & Markets  |  MARCH 2, 2015 12:22 PM

    Star shares lifted by FY14 7.2% dividend declaration

    Story by

    Star Publications Bhd's shares on Bursa Malaysia rose in early trade today after the group announced 7.2% dividend for its financial year ended Dec 31, 2014 (FY14).

  • Featured and Exclusive & Opinion  |  MARCH 2, 2015 12:17 PM

    Charlie Munger’s Warren Buffett tell-all

    Story by

    Most big corporations are managed in a perversely counterproductive way that discourages good long-run leadership. Organize your company in a different way and maybe you’ll do better.

  • Economy & World Biz  |  MARCH 2, 2015 12:03 PM

    S&P: India’s budget shows commitment to low deficit

    Story by

    India's budget for 2015/16 highlighted the government's commitment to keeping the fiscal deficit low, ratings agency Standard and Poor's said, adding that the country's debt burden and subsidy bill could constrain its ratings.

  • Markets  |  MARCH 2, 2015 11:52 AM

    KL shares remain lower at mid-morning

    Story by

    Share prices on Bursa Malaysia remained lower at mid-morning today on a lack of fresh local leads.

  • Featured and Exclusive & World Biz  |  MARCH 2, 2015 11:45 AM

    Fiat’s Agnelli family set to take control of Ferrari

    Story by

    Almost 70 years after Enzo Ferrari rolled out his first sports car, Ferrari is set to again be family controlled after Fiat Chrysler Automobiles NV spins off the company this year.

  • Corporate, Featured and Exclusive, World Biz  |  MARCH 2, 2015 11:07 AM

    StanChart braces for change as Winters is coming

    Story by

    Incoming Standard Chartered chief executive Bill Winters will need to take tough decisions that predecessor Peter Sands deemed unnecessary, in order to reverse a two-year slump in the bank's fortunes, according to some insiders and bankers.

  • World Biz  |  MARCH 2, 2015 10:38 AM

    BlackBerry to expand software for other phone users

    Story by

    BlackBerry Ltd is planning to expand its software offerings and make more applications for business customers regardless of what kind of smartphone they’re using.

  • Featured and Exclusive & Markets  |  MARCH 2, 2015 10:30 AM

    Ringgit falls as China lower bank rates

    Story by

    The ringgit fell, leading Asian losses, on concern China’s latest interest-rate cut will spur weakness in the yuan and hurt Malaysia’s exports.

  • Economy & Finance  |  MARCH 2, 2015 10:20 AM

    ECB braces for QE as others shift rates

    Story by

    Greek funding and quantitative easing in Europe, an expected rate cut in Australia and the buoyant US labour market are set to be the focus of an economic week dominated by a host of central bank meetings.

  • Featured and Exclusive, Finance, Markets, World Biz  |  MARCH 2, 2015 10:15 AM

    China cuts benchmark interest rates by 25 basis points

    Story by

    China's central bank said on Saturday it would cut benchmark interest rates by 25 basis points to 5.35%, a widely expected move as the world's second largest economy continues to show signs of weakness despite previous easing measures.

  • Corporate & Featured and Exclusive  |  MARCH 2, 2015 10:04 AM

    Pua: Najib must explain emails on 1MDB

    Story by

    Regardless of the motives behind the latest expose on 1Malaysia Development Bhd (1MDB), Prime Minister Najib Abdul Razak has been urged to answer to whether the materials produced are true.

  • Markets  |  MARCH 2, 2015 9:47 AM

    KL shares open lower on profit taking

    Story by

    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) started the week easier on profit taking after it ended higher on Friday, a dealer said.

  • Featured and Exclusive & World Biz  |  MARCH 2, 2015 9:40 AM

    Samsung unveils sleek new Galaxy S6

    Story by

    Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones featuring a slim body made from aircraft-grade metal, in a bid to reclaim the throne of undisputed global smartphone leader from Apple Inc.

  • Markets  |  MARCH 2, 2015 9:37 AM

    Ringgit opens easier against US$

    Story by

    The ringgit opened easier against the US dollar today on lack of buying support at 3.6315/6345 compared with 3.6030/5050 on Friday, a currency trader said.

  • World Biz  |  MARCH 2, 2015 9:20 AM

    LG Display, Samsung unit to supply Apple Watch screens

    Story by

    South Korea's LG Display Co Ltd and the display-making subsidiary of Samsung Electronics Co Ltd will supply screens for Apple Inc's smartwatches, The Electronic Times reported on Monday.

  • World Biz  |  MARCH 2, 2015 8:45 AM

    Berkshire exec Ajit Jain could fill Buffett’s shoes

    Story by

    Warren Buffett, at a news conference in Bengaluru in 2011, lavishly praised Berkshire Hathaway executive Ajit Jain for smoothly running much of the conglomerate's insurance businesses.