• Corporate  |  OCTOBER 2, 2014 7:59 PM

    RHB Investment enters share sale with RHB Indochina

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    RHB Investment Bank Bhd, a wholly-owned subsidiary of RHB Capital Bhd, has entered into a share sale agreement with RHB Indochina Bank Ltd to acquire the entire shares in RHB OSK Indochina Securities Ltd from RHB Indochina for RM40.62 million.

  • Singapore & World Biz  |  OCTOBER 2, 2014 7:43 PM

    Singapore public sector extends retirement age to 67

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    From Jan 1, 2015, the Singapore Public Service will formalise arrangements to offer re-employment to all eligible officers till age 67.

  • World Biz  |  OCTOBER 2, 2014 7:08 PM

    Barclays ban employees from receiving gifts

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    Barclays Plc has banned employees from giving or receiving gifts and entertainment from brokers as the British bank tightens internal controls.

  • Corporate  |  OCTOBER 2, 2014 6:51 PM

    Eversendai to construct two O&G jack-ups

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    Eversendai Offshore RMC FZE today announced the construction of two self-propelled jack-ups, known as liftboats at its waterfront yard in RAK Maritime City, Ras Al Khaimah, United Arab Emirates.

  • Corporate  |  OCTOBER 2, 2014 6:42 PM

    40% of urban dwellers to use public transport by 2030

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    Land Public Transport Commission (SPAD) aims to have 40% of the population in urban areas to use public transportation by 2030 from 20% now.

  • Commodities  |  OCTOBER 2, 2014 6:34 PM

    Rubber prices end lower

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    Malaysian rubber prices continued their downtrend today on lack of buying support from top consumer China, a dealer said.

  • OTHERS  |  OCTOBER 2, 2014 6:30 PM

    Ringgit closes higher against US dollar

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    The ringgit closed higher against the US dollar today as the market reacted positively to the government's measure to keep to its budget deficit goals by cutting the fuel subsidies further.

  • Markets  |  OCTOBER 2, 2014 6:00 PM

    KL shares extend losses on persistent selling

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    Shares on Bursa Malaysia extended their losses to close lower today on weaker buying support due to the fall on Wall Street overnight, dealers said.

  • Corporate & Economy  |  OCTOBER 2, 2014 5:39 PM

    Sarawak attracts highest FDI

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    Sarawak attracted the highest foreign direct investments (FDIs) of RM7.5 billion among the states in Malaysia in the first five months of this year.

  • Corporate & Economy  |  OCTOBER 2, 2014 5:18 PM

    Thailand in talks to revive Dawei Special Economic Zone

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    Thailand will revive talks with Japan and Myanmar aimed at kick-starting the floundering multi-billion dollar Dawei Special Economic Zone in Myanmar, a junta spokesman said on Thursday.

  • World Biz  |  OCTOBER 2, 2014 4:55 PM

    Ford forecasts sales growth in Europe next year

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    Ford Motor Co, the second-biggest US carmaker, is forecasting sales growth in Europe next year as demand for new models helps narrow its loss in the region.

  • World Biz  |  OCTOBER 2, 2014 4:46 PM

    Modi yet to decide on US economist as advisor

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    Prime Minister Narendra Modi has not decided whether to appoint US-based economist Arvind Subramanian as the government's chief economic adviser, a senior government source told Reuters, in a delay that may impact policy and budget preparations.

  • World Biz  |  OCTOBER 2, 2014 4:38 PM

    Renewable energy spending reaches RM572.9 bil

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    About RM572.9 billion was spent globally on renewable energy projects during the first three quarters, up 16% from the same period last year, according to a Bloomberg New Energy Finance report.

  • Corporate  |  OCTOBER 2, 2014 4:23 PM

    RHB Research: Fuel price hike will push up inflation

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    The government's move to raise the retail prices of RON95 petrol and diesel by 20 sen a litre effective today would cause an upward but manageable pressure on inflation, RHB Research said.

  • Featured and Exclusive & World Biz  |  OCTOBER 2, 2014 4:21 PM

    Orange working on distribution deal with Netflix

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    Orange SA is working on a distribution agreement with Netflix Inc and may unveil it in the coming weeks.

  • Corporate  |  OCTOBER 2, 2014 4:09 PM

    Political will and consultation key to successful GST

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    Successful implementation of the Goods and Services Tax (GST) requires five key process elements including political will and an effective consultative and communication process, the Royal Malaysian Customs Department said.

  • World Biz  |  OCTOBER 2, 2014 3:50 PM

    Philips to report RM1.3 bil charge after losing patent case

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    Royal Philips NV said it will report a one-time charge of RM1.5 billion after losing a finger-tip device patent case to Masimo Corp in the US yesterday.

  • Opinion  |  OCTOBER 2, 2014 3:46 PM

    Watching for bubbles

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    Sometimes people pay too much for things and they lose money. That’s bad judgment. Other times people pay too much for things and everybody loses money. That’s a bubble.

  • Markets & World Biz  |  OCTOBER 2, 2014 3:31 PM

    European stocks fall, investors await ECB policy meeting

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    European stocks fell, extending their lowest level in more than five weeks, as investors awaited the outcome of the European Central Bank’s (ECB) policy review. US index futures were little changed, while Asian shares dropped. All industry sectors declined. A …

  • Markets  |  OCTOBER 2, 2014 3:28 PM

    KL shares lower across the board at mid-afternoon

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    Shares on Bursa Malaysia extended the negative momentum from early trading to mid-afternoon, with all benchmark indices in the red, dealers said.