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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 20 Jan 2014 | 1:00 PM

China’s 2013 oil demand up 1.6%, slowest in 5 years

China's oil consumption in 2013 experienced the slowest rise in five years, data showed on Monday, because of easing economic growth but the pace is expected to accelerate this year as new refineries start up.

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.

Commodities 18 Feb 2014 | 3:47 PM

Physical gold shines, consumer purchases hit record in 2013

KUALA LUMPUR: The year 2013 turned out to be a bumper year for physical gold as consumers around the world bought the yellow metal in record amounts, with China and India leading the way, report the World Gold Council.

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 10 Nov 2012 | 12:00 AM

EU 2013 budget talks end in failure

BRUSSELS: Talks on the European Union's 2013 budget collapsed in acrimony on Friday, denting hopes of a swift deal later this month on the bigger issue of the bloc's long-term spending for 2014-2020.

Business 31 Dec 2012 | 12:00 AM

Malaysia Airports targets EBITDA of RM751m for 2013

Malaysia Airports Holdings Bhd (MAHB) targets earnings before interest, taxes, depreciation and amortisation (EBITDA) without construction profit of RM751mil for 2013.

Economy 07 Jan 2014 | 10:41 AM

Boeing delivers records 648 jets in 2013, likely top maker

Boeing Co delivered a record 648 jetliners in 2013, beating its own target and likely securing its place as the world's biggest plane maker for the second year in a row.