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Business 08 Nov 2013 | 9:20 AM Premium

AmResearch: Monetary policy stance remains appropriate, BNM retains OPR at 3.00%

KUALA LUMPUR: BNM has kept the Overnight Policy Rate (OPR) at 3.00% at the monetary policy meeting on Thursday, according to AmResearch.

Business 08 Nov 2013 | 6:52 AM Premium

US growth picks up

WASHINGTON: U.S. economic growth accelerated in the third quarter as businesses restocked shelves, but the slowest expansion in consumer spending in two years suggested an underlying loss of momentum.

Business 08 Nov 2013 | 6:45 AM Premium

Twitters buying dominates Wall Street

NEW YORK: Frenzied buying in Twitter shares grabbed Wall Street's attention on Thursday, as the social media stock surged well above expectations, while major indexes fell, with the S&P 500 suffering its worst daily decline since August.

Economy 07 Nov 2013 | 3:05 PM Premium

Cautious consumers likely curbed US Q3 growth

US economic growth likely slowed a bit in the third quarter as consumers kept a lid on spending, supporting the Federal Reserve's decision to maintain its current pace of bond purchases to stimulate activity.

Lifestyle 07 Nov 2013 | 1:15 PM Premium

Celebrating vegetables, Italian-style

Domenica Marchetti explores ‘the fundamental element’ in her new cookbook.

Business 07 Nov 2013 | 8:09 AM Premium

Asia stocks subdued, euro rebounds to 1-week high ahead of ECB

TOKYO, Nov 7 (Reuters) - Asian stocks got off to sluggish start on Thursday as investors hunkered down to take the latest pulse on the U.S. economy and implications for the Federal Reserve's easy money policy, while the euro perked up ahead of the European Central Bank meeting.

TECH 06 Nov 2013 | 4:49 PM Premium

Samsung Electronics vows more aggressive investment, targets tablets

Samsung Electronics Co Ltd pledged to double its dividend yield, invest in new technology and boost marketing to topple Apple Inc in the mobile sector as it sought to ease investors' concerns over its sagging share price.

Economy 06 Nov 2013 | 4:01 PM Premium

Asian shares mixed after US data, euro rebounds

Asian stocks were mixed Wednesday although Tokyo was lifted by strong corporate sentiment, while upbeat US service-sector data added to speculation the Federal Reserve will soon start tapering off its stimulus.

Economy 06 Nov 2013 | 3:28 PM Premium

Local investors help SE Asia markets cope with outflow

Domestic investors are becoming bigger players in South-East Asian stock markets, thanks to active state-owned funds and rising wealth, helping the region's markets cope with the kind of foreign outflows they've had this year.

Economy 06 Nov 2013 | 11:45 AM Premium

Gold treads water after 7-day losing streak on stimulus doubt

Gold was struggling to shake off its longest losing streak in nearly six months as doubts persisted over when the US Federal Reserve would begin scaling back its stimulus measures.