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Alibaba, China Telecom tie up to sell phones

25 April 2015

SHANGHAI: Chinese e-commerce leader Alibaba Group Holding Ltd and state-owned China Telecom Corp Ltd have tied up to sell inexpensive smartphones aimed at boosting mobile commerce in smaller cities and rural areas.

Wall Street ahead: Investors seek protection against healthcare stock decline

25 April 2015

NEW YORK: Healthcare companies on a seven-year tear have been top performers so far in 2015, helping to push broad stock indexes to record levels, but traders are now looking to protect themselves from a selloff as they await major earnings reports in the sector.

Greece not playing a game of chicken on debt

25 April 2015

NEW YORK: Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece's economy, which faces the prospect of running out of money if it cannot agree to new bailout terms with creditors.

Petrobras overhaul calls for much more than corruption clean-up

25 April 2015

RIO DE JANEIRO: Petrobras' decision to take a massive $17 billion write-down to account for overvalued assets and corruption-related costs is only the start of a broad overhaul needed to revive Brazil's troubled state-owned oil company.

Brent at 4-1/2 month high; US crude up for sixth week

25 April 2015

NEW YORK: Oil prices diverged on Friday, with Brent hitting 4-1/2-month highs on continued fighting in Yemen as U.S. crude fell on concerns of another upcoming stock build, though both benchmarks headed toward weekly gains.

Nasdaq hits 15-year high, propelled by Google, Amazon and Microsoft

25 April 2015

NEW YORK: The Nasdaq Composite hit a 15-year intraday high on Friday afternoon, propelled by strong results from tech behemoths Google, Amazon and Microsoft.

3 things Asean summit must act on

25 April 2015

THE 26th Asean Summit takes place on April 26-27. It would not have been a success if at the end there were no clear decisions on three matters.

Tan Sri Liew Kee Sin, Chairman of Eco World Development Group Bhd and Mr Liew Tian Xiong, Executive Director of Eco World Development Group Bhd.

The debate on Liew

25 April 2015

Entrepreneur who drives the smaller Eco World group is still a much talked-about figure in corporate world

Tin price slump hindering plans to develop new mines

25 April 2015

THE current slump in global tin prices, trending almost at a six-year low, are putting the brakes on plans of many global tin-based companies that are vying to develop new mines.

Exciting growth prospect from VBT

25 April 2015

A NEW player has squeezed its way into the growing broadband market in Malaysia.

GHL, Managepay on steady rise after Bank Negara move

25 April 2015

Since Bank Negara announced its Payment Card Reform Framework early this year, there has been obvious traction and new developments in the payment industry.

Honda overtakes Toyota to become non-national champion

25 April 2015

HONDA has overtaken Toyota to become the bestselling non-national automotive marque in Malaysia, based on sales data in the first quarter of 2015.

Salcon catches investors’ attention

25 April 2015

SALCON Bhd, whose share price has risen by some 17% over the last two weeks, is sitting pretty with a lot of cash in hand, a sizeable order book, valuable land bank and new growth opportunities from a broadband-type business.

Treasury pulse

25 April 2015

THE US dollar continued to struggle for direction as markets try to gauge the extent to which the US economy has moderated in recent months.

The short position

25 April 2015

CONSTRUCTION group IJM Corp Bhd’s saw a quiet transition at the helm earlier this month.

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