• Finance  |  MARCH 31, 2015 2:38 PM

    Turkish banks lured to ringgit sukuk for cost savings

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    Turkey’s Islamic banks are turning to Malaysia to cut costs, as stubbornly high interest rates and slow trading hamper development of their domestic sukuk market.

  • Corporate & Economy  |  MARCH 31, 2015 2:32 PM

    Najib: Pan Borneo Highway will boost Sarawak’s economy

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    The construction of the Pan Borneo Highway which will be implemented on the concept of Private-Public Partnership (PPP) can minimise risks besides ensuring that the implementation cost will not escalate, said prime minister Najib Abdul Razak.

  • Corporate & Featured and Exclusive  |  MARCH 31, 2015 2:20 PM

    Pan Borneo Highway will be toll-free, says PM

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    The Pan Borneo Highway will be toll-free, Prime Minister Najib Abdul Razak said today. He said the highway was the main artery connecting Sarawak and Sabah and there were no alternative routes between the two states.

  • Corporate & Featured and Exclusive  |  MARCH 31, 2015 2:11 PM

    Japan’s Toho Gas to buy LNG from Petronas unit

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    Japan's third-biggest city-gas supplier, Toho Gas Co, said on Tuesday it signed a basic agreement with a wholly owned unit of Malaysia's Petroliam Nasional Bhd (Petronas) to buy liquefied natural gas (LNG).

  • Corporate  |  MARCH 31, 2015 2:06 PM

    KPJ to buy stakes in Al-’Aqar units

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    KPJ Healthcare Bhd has proposed to acquire the entire stake of Crossborder Hall (M) Sdn Bhd and Crossborder Aim (M) Sdn Bhd for RM4.72 million.

  • Commodities  |  MARCH 31, 2015 2:01 PM

    KLTM closes US$300 lower at US$16,880 a tonne

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    The Kuala Lumpur Tin Market (KLTM) closed US$300 lower at US$16,880 per tonne today on a lack of buying interest, said a dealer.

  • Corporate  |  MARCH 31, 2015 1:56 PM

    TA: Scorpene contract positive for Boustead

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    [email protected]

    TA Securities noted that the contract won by Boustead Holdings Bhd’s (Boustead) from the Malaysian government is earnings positive to the group. However, the research house lowered its target price for the group, stating the conglomerate structure of the group …

  • Featured and Exclusive & Markets  |  MARCH 31, 2015 1:50 PM

    Ringgit leads losses in Asia in March on oil drop

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    Malaysia’s ringgit fell this month by the most in Asia amid concern that a drop in oil prices will weigh on the nation’s finances.

  • Corporate  |  MARCH 31, 2015 1:48 PM

    UOBKH begins MMC coverage with ‘buy’ call

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    Bank-backed research house UOB Kay Hian (UOBKH) initiated coverage on MMC Corporation Bhd (MMC) with a “buy” recommendation, calling the group asset-rich with positive catalysts in both the short term and long term. With a target price of RM4, the …

  • Featured and Exclusive & World Biz  |  MARCH 31, 2015 1:31 PM

    Macquarie said to halve IB jobs in Asia

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    Macquarie Group Ltd plans to cut about half of its investment banking jobs in Asia and announce the departure of the head of its advisory and capital markets unit as soon as Tuesday, people familiar with the matter said.

  • Economy & Opinion  |  MARCH 31, 2015 1:30 PM

    The coming emerging-market debt squeeze

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    SANTIAGO – Consider the following scenario, one that has played out time and again in emerging-market countries. Local banks and firms go on a borrowing binge and pile up dollar-denominated debt – debt that pundits consider perfectly sustainable, as long …

  • World Biz  |  MARCH 31, 2015 1:18 PM

    Samsung, LG agree to end legal disputes

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    South Korean rivals Samsung Electronics Co Ltd and LG Electronics Inc said on Tuesday they have agreed to end ongoing legal disputes and work out future disagreements through dialogue.

  • Economy  |  MARCH 31, 2015 1:13 PM

    M’sia Feb domestic PPI down 5.4% y-o-y

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    Malaysia's domestic producer price index (PPI) for February 2015 increased slightly by 0.4% to 105.3 from 104.9 in January, the Statistics Department said today.

  • Markets  |  MARCH 31, 2015 1:00 PM

    KL shares lower at mid-day on profit taking

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    Shares on Bursa Malaysia were lower at mid-day today due to profit taking, but the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was still 5.7 points better.

  • Economy & Featured and Exclusive  |  MARCH 31, 2015 12:47 PM

    BNM: M’sia’s reserves remains stable and unencumbered

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    Malaysia's reserves remained usable and unencumbered as at end-February 2015, based on the detailed breakdown of international reserves under the International Monetary Fund's Special Data Dissemination Standard (SDDS) format.

  • Commodities & World Biz  |  MARCH 31, 2015 12:15 PM

    Royal Dutch Shell to resume drilling off Alaska

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    Royal Dutch Shell will resume drilling off Alaska after suspending operations for two years in the wake of an accident, the special US envoy to the Arctic said on Monday, but gave no details as to when.

  • Finance & World Biz  |  MARCH 31, 2015 11:42 AM

    Taiwan to apply to join China-backed AIIB investment bank

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    Taiwan will submit an application to join the Beijing-led Asian Infrastructure Investment Bank (AIIB) on Tuesday, despite historical animosity and a lack of formal diplomatic relations between the island and China.

  • Markets  |  MARCH 31, 2015 11:28 AM

    KL shares remain firm at mid-morning

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    The FTSE Bursa Malaysia KLCI (FBM KLCI) remained firm at mid-morning today on window dressing activities.

  • Finance & Singapore  |  MARCH 31, 2015 11:14 AM

    Total bank lending in S’pore falls for the month of February

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    Total bank lending in Singapore fell in February from the previous month, as a drop in loans to general commerce and financial institutions offset increases in loans to manufacturers, central bank data showed on Tuesday.

  • World Biz  |  MARCH 31, 2015 11:09 AM

    Jay Z challenges Spotify, Apple’s Beats with Tidal

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    Rapper and entreprenur Jay Z has partnered with the biggest musicians in the world to take on Spotify Ltd and Apple Inc with Tidal, an artist-owned music streaming service.