Business

Weak results limiting a strong rebound on Bursa Malaysia

PETALING JAYA: Corporate earnings setbacks, mixed with lingering worries over the economy, are limiting a strong rebound on Bursa Malaysia as investors become increasingly wary about profit growth outlook.

Are you living in excess? Moderation brings balance to your finance

I had a first-hand experience of excess during my recent visit to Hong Kong. Much as I enjoyed myself going to expensive restaurants and high-end social scenes, I felt this sort of everyday lifestyle was too financially sinful for me and was certainly unnecessary.

Is oil on the rebound?

An uptrend in price of crude raises expectations

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Samsung unveils sleek new Galaxy phones to take on Apple

SEOUL/BARCELONA: Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones featuring a slim body made from aircraft-grade metal, in a bid to reclaim the throne of undisputed global smartphone leader from Apple Inc.

2 March 2015 | 8:43AM |

Telcos

Khazanah to disburse up to RM1.6bil within three months to MAS

PETALING JAYA: National sovereign fund Khazanah Nasional Bhd is scheduled to disburse up to RM1.6bil within the next three months to Malaysia Airlines (MAS) as part of the second phase of its conditional investment funding totalling RM6bil to completely overhaul the national carrier.

2 March 2015 | 11:56AM |

Airlines

AirAsia fair value lowered to RM2.50 by UOB Kay Hian

KUALA LUMPUR: UOB Kay Hian Malaysia Research has lowered its fair value for Air Asia from RM2.90 to RM2.50 after its FY14 results highlighted the problem of overcapacity in the region and the risk to balance sheet from its exposure to US dollar debt.

2 March 2015 | 11:33AM |

Airlines

AirAsia LCC model being studied by Germans

NEW YORK: AirAsia is among the airlines that Lufthansa hopes to model its planned low-cost carrier (LCC) after, as it seeks to expand into new regions and add destinations to an extensive network.

2 March 2015 | 12:00AM |

Airlines

Singapore says no delay in RTS link to Malaysia decision

SINGAPORE: Singapore has refuted a claim that it has been delaying decision on alignment for the Rapid Transit System (RTS) link, saying it has yet to receive an official confirmation of the location of Malaysia’s RTS terminus in Johor Baru.

2 March 2015 | 12:00AM |

Stocks

KLCI slips into the red at midday

KUALA LUMPUR: The FBM KLCI slipped into the red at midday on Monday, weighed down by losses in Tenaga, CIMB and MISC but marginally offset by buying of Public Bank and Genting Bhd.

2 March 2015 | 12:54PM |

Markets

KLCI slips into the red at midday

KUALA LUMPUR: The FBM KLCI slipped into the red at midday on Monday, weighed down by losses in Tenaga, CIMB and MISC but marginally offset by buying of Public Bank and Genting Bhd.

2 March 2015 | 12:54PM |

Markets

Khazanah to disburse up to RM1.6bil within three months to MAS

PETALING JAYA: National sovereign fund Khazanah Nasional Bhd is scheduled to disburse up to RM1.6bil within the next three months to Malaysia Airlines (MAS) as part of the second phase of its conditional investment funding totalling RM6bil to completely overhaul the national carrier.

2 March 2015 | 11:56AM |

Airlines

AirAsia fair value lowered to RM2.50 by UOB Kay Hian

KUALA LUMPUR: UOB Kay Hian Malaysia Research has lowered its fair value for Air Asia from RM2.90 to RM2.50 after its FY14 results highlighted the problem of overcapacity in the region and the risk to balance sheet from its exposure to US dollar debt.

2 March 2015 | 11:33AM |

Airlines

BlackBerry to broaden its cross-platform strategy

TORONTO: BlackBerry announced on Sunday that it plans to expand its cross-platform strategy and deliver its often admired security, productivity and communication tools to any smartphone or tablet device running iOS, Android or Windows.

2 March 2015 | 10:40AM |

Telcos

China Feb HSBC PMI at 7-month high, but deflation risk persists

BEIJING: Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed on Monday, underlying economic fragility that may need more policy support.

2 March 2015 | 10:30AM |

Economy

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