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Business 14 Feb 2014 | 3:56 PM

Smartphone sales exceed feature phones in 2013

KUALA LUMPUR: Worldwide sales of smartphones to end-users in 2013 increased 42.3% to 968 million units from 2012, according to IT research company Gartner Inc. Sales of smartphones now constitute 53.6% of overall mobile phone sales, exceeding sales of feature phones for the first time.

Commodities 10 Jan 2014 | 5:03 PM

China commodity imports robust in 2013, but reforms sap demand

Chinese commodity imports rose strongly in 2013, with coal and iron ore climbing more than 10%, but efforts to reform the world's No 2 economy are already taking the steam out of demand and are likely to drag this year.

Business 25 May 2013 | 2:38 PM

First-half 2013 figure seen to surpass that of the same period last year

PETALING JAYA: Vehicle sales in the first six months of 2013 should surpass the sales achieved in the first half of last year, despite initial hesitation by customers adopting a “wait-and-see” attitude leading up to the 13th general election (GE13).

Economy 24 Oct 2013 | 3:26 PM

China 2013 growth to hit 7.6%: poll

China's economy is set to grow 7.6% in 2013, beating the government's 7.5% target, before losing some steam next year as the government forges ahead with structural reforms, a Reuters poll showed.

Business 07 Oct 2013 | 1:54 PM

Corporate bond issuance muted in 3Q 2013

The primary Malaysian corporate bond market remained muted in 3Q 2013, with gross issuance of corporate bonds declining 7% quarter-on-quarter to RM17.2bil, RAM Ratings said.

Business 22 Aug 2013 | 9:09 AM

UBS predicts Malaysia’s 2013 GDP at below 5%

PETALING JAYA: Malaysia’s gross domestic product (GDP) is unlikely to surpass 5% in 2013, given the weaker 4.1% growth achieved in the first quarter of the year, according to UBS Investment Bank.

Business 24 Mar 2014 | 10:52 AM

Li Ning 2013 net loss narrows on restructuring

HONG KONG: Li Ning Co Ltd spilt red ink for a second straight year in 2013 but the loss was much smaller than the previous year as China's best known sportswear company offered fewer retail discounts and replenished inventory faster.

Business 23 May 2013 | 11:43 AM

HP raises 2013 outlook as Whitman's plan takes hold

SAN FRANCISCO: Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.

Business 28 Jan 2014 | 10:07 AM

Global smartphone shipments top 1 billion in 2013

BEIJING: Global smartphone shipments topped 1 billion units for first time in 2013, climbing 38.4% from the previous year to 1.004 billion units, research firm IDC said.

Google 14 Feb 2014 | 9:30 AM

Google UK sales hit US$5.6bil in 2013

Google has said its UK sales hit US$5.64bil (RM18.72bil) in 2013, a rise of 16% on the previous year — its lowest growth rate in three years.