Asian stocks rise for fourth consecutive day
Asian stocks rose for the fourth consecutive day, as better than expected job data in the US eased concerns that economic growth would be affected.
Latest World Biz News
Taiwan's HTC aims to be iPhone's 'quiet' challenger
BEIJING: East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.
At last the Swiss politicians are beginning to reveal their income and wealth
GENEVA: Two Swiss politicians laid bare their income and assets Sunday as part of their bids for vacant seats in the country's seven-member cabinet, angering political opponents in a country where discretion in money matters is still seen as sacrosanct even in public office.
How to make penny pinchers and cheapskates to spend?
NEW YORK: How do you get penny pinchers to spend these days? Pitch products that promise to save them money.
1 'censored' bar won't stop online prostitution
NEW YORK: Craiglist's "adult services" section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.
Analysts see profit-taking in M'sian market this week
KUALA LUMPUR: THE local bourse, which has been up for three consecutive weeks, could see some profit-taking activities this week as the market consolidates and investors unwind their positions ahead of the Hari Raya holidays, analysts said.
US stocks could start this week with more optimism
NEW YORK: US stocks could start this week with investors feeling a bit more optimistic about the economy, thanks to a stronger than expected jobs report, making further market gains more likely.
Parkway not hit by takeover costs
PETALING JAYA: There are sufficient free cash flows from Parkway Holdings Ltd to service the debt that has been taken up to finance its takeover by Khazanah Nasional Bhd, bankers familiar with the deal explained.
CIMB picked as one of 11 bookrunners for AIA’s IPO
PETALING JAYA: CIMB Group has been selected as one of the 11 bookrunners for AIA Group Ltd’s US$15bil initial public offering (IPO).
The young once must believe in the young ones
HE can only get a licence to drive on Malaysian roads when he turns 17 on Oct 24. But last Wednesday, Nabil Jeffri created history when he became the youngest test driver in F1 history.
Government urged to speedily implement major projects
KUALA LUMPUR: Major projects that have been identified under the 10th Malaysia Plan and the 12 national key economic areas (NKEA) need to be implemented speedily to cushion the economy from a projected slowdown.
Many view Kinsteel-Perwaja ties as ‘strong’
THE alliance forged between two well-known steel players Kinsteel Bhd and Perwaja Holdings Bhd has always been an interesting case study.
Malaysia's Biodiesel industry at a standstill
PETALING JAYA: The biodiesel industry in Malaysia is at a standstill stage with almost zero production, said the Malaysian Biodiesel Association vice-president U.R. Unnithan.
No decision on debt-ridden Aldwich's plant sale
PETALING JAYA: Bondholders of Aldwich Bhd have not reached any decision regarding the sale of the integrated hydrocarbon waste recycling, recovery and re-use facilities at Kemaman, Terengganu.
Stocks
Bokerages adopt multi-level way to boost retail participation
PETALING JAYA: Several bank-backed brokerages are adopting a multi-level approach to enhance retail participation in the local stock market.
Aviation
Airlines leverage on social media sites
PETALING JAYA: As travellers become more Internet and social media-savvy, airlines have started to leverage on social media sites for branding, promotion and marketing.
Banking
Consumer banking will continue to be an important revenue generator of banks
PETALING JAYA: Consumer banking will continue to be an important revenue generator for banks with home loans being one of the major areas of focus amid the prevailing relatively low interest rates.
Foreign News
China auto industry facing over-capacity
BEIJING: China should end preferential policies for automotive companies to curb over-capacity in an industry where sales jumped 55% in August, a government official said.
- Airlines leverage on social media sites
- M'sian Nabil's feat in UK went largely unnoticed
- 1 'censored' bar won't stop online prostitution
- Analysts see profit-taking in M'sian market this week
- CIMB picked as one of 11 bookrunners for AIA’s IPO
- Malaysia's Biodiesel industry at a standstill
- How to make penny pinchers and cheapskates to spend?
- Consumer banking will continue to be an important revenue generator of banks
- At last the Swiss politicians are beginning to reveal their income and wealth
- Bokerages adopt multi-level way to boost retail participation
- Malaysia's Biodiesel industry at a standstill
- Parkway not hit by takeover costs
- Consumer banking will continue to be an important revenue generator of banks
- Cops want to promote closer racial ties during festivals
- No decision on debt-ridden Aldwich's plant sale
- Many view Kinsteel-Perwaja ties as ‘strong’
- Bokerages adopt multi-level way to boost retail participation
- Government urged to speedily implement major projects
- China auto industry facing over-capacity
- M'sian Nabil's feat in UK went largely unnoticed
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