Business

Minister of International Trade and Industry Datuk Mustapa Mohamed (right) holding the Malaysia International Trade and Industry report 2008 with the ministry's secretary-general Tan Sri Abdul Rahman Mamat on Wednesday. - Starpic by Azman Ghani

Foreign direct investments (FDIs) are expected to fall by half this year from RM46.1bil last year, says Malaysian Industrial Development Authority deputy director-general Wahab Hamid.
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Commodities

Stable palm oil production cost

Industry consultant MR Chandran told StarBiz that oil planters’ average COP so far had not increased drastically as fertiliser prices, which account for about 60% of most planters’ total COP, had come down to about 12%.

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AEG boss says Michael Jackson insurance covers overdoseLatest News

LOS ANGELES: Concert promoter AEG Live's chief executive says insurance will help cover any losses on the now-canceled Michael Jackson concert series if the pop star died accidentally, including of a drug overdose, but not if he died of natural causes.

Billionaire Warren Buffett makes gifts to charity worth US$1.53bLatest News

SEATTLE: Billionaire Warren Buffett has donated US$1.25 billion in Berkshire Hathaway Inc. stock to the Bill & Melinda Gates Foundation.

Asian markets down on US, Europe job worries Latest News

KUALA LUMPUR: Asian stock markets fell on Friday, dragged down by steep declines on Wall Street overnight and falling crude oil price after latest reports showed grim job market numbers in US and Europe.

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