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Community 12 Dec 2014 | 12:00 AM

Orphan helps some 50 single parents through jumble sales

WHEN she was just nine months old, Mary Anne Tan, 56, was sent to a convent-run orphanage in Malacca because she was malnourished and sick.

Nation 12 Dec 2014 | 12:00 AM

Terengganu: No MoU with Chinese company to mine iron ore

KUALA TERENGGANU: The state go­vernment says it is not involved in an MoU between China-based CAA Resources and a local firm to mine iron ore here.

Business 11 Dec 2014 | 5:24 PM

Asian shares lower after Wall St tumble

HONG KONG: Asian markets sank again Thursday after Wall Street was hit by a further fall in oil prices, while the dollar edged up after tumbling against the yen.

Business 10 Dec 2014 | 6:57 AM

Tesco's fourth profit warning in five months sends shares tumbling

LONDON: Tesco slashed its profit forecasts for the fourth time in five months as its new boss took costly measures to rebuild the British grocer after its recent accounting scandal and dramatic loss of customers in an increasingly cut-throat market.

Business 10 Dec 2014 | 6:46 AM

Global shares fall on weaker oil, China losses

NEW YORK: Global equity markets fell on Tuesday after China's market posted its worst day in five years and political turmoil hit Greece, while the U.S. S&P 500 erased losses to end mostly flat on gains in technology and energy shares.

Business 10 Dec 2014 | 12:00 AM

IPO bound EA Technique’s net profit falls

PETALING JAYA: E.A. Technique (M) Bhd’s (EAT) net profit for the nine months ended Sept 30, 2014, fell 79.6% year-on-year (y-o-y) to RM10.91mil from RM53.63mil due mainly to realised gains from the disposal of an associate company totalling RM37.5mil in the previous corresponding period.

Business 10 Dec 2014 | 12:00 AM

Berjaya Auto ‘add’ rating kept, E&O 'buy', Wah Seong 'outperform'

A MORE challenging second half for financial year 2015 is expected for Berjaya Auto Bhd as all major auto makers are expected to step up promotional activities and aggressive campaigns to gain market share, says CIMB Research.

Economy 09 Dec 2014 | 10:43 AM

Japan firms see economy stalled, want growth policies

TOKYO: Japanese companies want Prime Minister Shinzo Abe to do more to boost growth, including steps like income tax cuts, as most think the economy is stalled or in recession after an April sales tax hike, a Reuters poll showed.

Business 09 Dec 2014 | 6:51 AM

McDonald's warns that weak sales will hit fourth-quarter profit

NEW YORK: McDonald's Corp on Monday reported a steeper-than-expected drop in global sales at established restaurants in November, hurt by weakness in the United States and Asia, and warned that such results would "significantly pressure" margins in the current quarter.

Business 09 Dec 2014 | 6:47 AM

Operator of bitcoin stock exchange penalised by US SEC

WASHINGTON: The operator of a stock exchange that allowed clients to use bitcoins to trade in certain securities was ordered by U.S. regulators to pay US$68,000 to resolve claims that he did not register the exchanges.