Business

Models pose with the new Kia Forte at the launch Wednesday.

Naza Group, through Naza Kia Sdn Bhd, plans to introduce four new Kia models in 2010 and expects to double its sales volume to 26,000 units. The new Kia Forte was launched Wednesday.View more

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UBS: Worst of global economic crisis over

The worst of the global economic crisis is over and developing countries like Malaysia can expect to register 6% gross domestic product (GDP) growth next year, according to UBS Investment Bank (global economics) managing director Paul Donovan.

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Asian markets continue to fluctuate at middayLatest News

KUALA LUMPUR: Asian stocks fluctuated as share-sale concerns and the dollar’s slump to a 14-year low against the yen overshadowed advances by commodity and technology companies.

KLCI up in early tradeLatest News

KUALA LUMPUR: The KLCI was marginally up in early trade Thursday led by blue-chip counters.

AIG cuts salaries to 3 top executivesLatest News

SAN FRANCISCO (AP): Insurer American International Group Inc. said it has cut the salaries of three top executives to comply with pay restrictions for companies that took federal bailout money, according to a regulatory filing Wednesday.