• 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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    [email protected]

    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.

  • Economy  |  OCTOBER 1, 2014 10:36 PM

    Bumiputera cannot blame others if they fail to meet target- Dr.M

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    Bumiputeras cannot blame the government and other races if the target of 30 per cent Bumiputera equity ownership in the economy by 2020 is not achieved. Former prime minister Dr Mahathir Mohamad said they only have themselves to blame for …

  • World Biz  |  OCTOBER 1, 2014 10:09 PM

    Coca-Cola amends equity plan to minimize dilution

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    Coca-Cola Co, under pressure from an activist investor, said it had adopted new guidelines under its 2014 equity plan that will extend the number of years shares will last under the plan by using fewer shares each year. The company …

  • World Biz  |  OCTOBER 1, 2014 9:57 PM

    IMF urges more oversight of shadow banking system

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    The International Monetary Fund urged regulators to pay closer attention to a shadow banking system that has grown to as much as US$60 trillion (RM196.7 trillion) worldwide to help prevent risks from building outside the bounds of traditional financial oversight. …

  • World Biz  |  OCTOBER 1, 2014 9:37 PM

    Ford to add 1,000 jobs at Oakville plant in Canada

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    Ford Motor Co will add 1,000 jobs in Canada at its Oakville Assembly, which will produce the 2015 Ford Edge crossover utility vehicle, the company said on Wednesday. With the new hires, more than 4,000 people will work at Oakville …

  • Economy  |  OCTOBER 1, 2014 8:49 PM

    Britain’s Conservative Party pledges to cut corporate tax

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    Prime Minister David Cameron promised Wednesday to enact the lowest company tax rates in the developed world if his Conservative Party is re-elected next year. Cameron added he would raise the threshold at which 40% income tax kicks in, from …

  • Economy  |  OCTOBER 1, 2014 8:31 PM

    Thailand to spend RM36 bil to spur economic growth

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    Thailand’s cabinet approved a 364.5 baht (RM36 billion) budget for the remainder of the year to create jobs and boost incomes to spur economic growth, even as the central bank said a broad-based recovery hasn’t taken hold. Of the budget, …

  • Corporate & Enterprise  |  OCTOBER 1, 2014 8:06 PM

    Matrade, Alibaba launch e-Trade programme

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    The Malaysia External Trade Development Corporation (Matrade) aims to get 2,625 small and medium enterprises (SMEs) to sign up this year for its newly launched e-Trade programme with Chinese online retail giant Alibaba.

  • Commodities  |  OCTOBER 1, 2014 7:57 PM

    CPO futures close lower

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    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives erased yesterday’s gains to close lower today, tracking the losses on the Chicago soyabean market over concerns of a large crop. On another note, Phillip Futures Sdn Bhd derivative products …

  • Corporate  |  OCTOBER 1, 2014 7:50 PM

    Microsoft to transform M’sian businesses with open source

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    [email protected]

    Microsoft Malaysia reaffirmed its commitment to transforming businesses and working with the open source community in Malaysia by participating and sponsoring the annual Malaysia Open Source Conference 2014 (MOSCMY 2014). Held at Menara Suruhanjaya Syarikat Malaysia in Kuala Lumpur, the …