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Business 09 Apr 2013 | 12:00 AM

IJM Land’s fair value higher

WE raise IJM Land Bhd’s fair value to RM3.42. We expect the stock, which is currently a laggard, to gradually garner more premium.

Business 09 Apr 2013 | 12:00 AM

Yen stays weak, Asian shares rise on U.S. earnings

TOKYO: The yen fell to fresh multi-year lows and Japanese stocks extended gains on Tuesday as effects of the Bank of Japan's aggressive reflationary campaign reverberated through markets, while Asian equities drew support from a solid start to the U.S. quarterly earnings season.

Business 09 Apr 2013 | 12:00 AM

Morgan Stanley: M'sia economy doing well due to domestic demand, despite falling exports

PETALING JAYA: The country’s economy is doing well despite the falling exports because policies boosting domestic demand have been propping the economy, according to Morgan Stanley Research.

Business 09 Apr 2013 | 12:00 AM

SE Asia Stocks-Firmer after solid start to US earnings, Malaysia at 3-mth high

SINGAPORE: Southeast Asian stocks ended firmer on Tuesday with Malaysia edging up to a three-month high as a solid start to the United States earnings season helped boost investor sentiment.

World 09 Apr 2013 | 12:00 AM

Congo's mining heartland a volatile "powder keg" - lawmaker

KINSHASA (Reuters) - Growing unrest in Democratic Republic of Congo's copper-rich Katanga province risks scaring off investors and derailing its thriving mining sector, said the lawmaker heading an inquiry into a rebel attack on the provincial capital last month.

Business 10 Apr 2013 | 12:00 AM

France may have dodged recession

PARIS: France’s central bank forecast that the eurozone’s second-biggest economy narrowly averted a recession in the first quarter, though business and trade date painted a picture of a still struggling economy.

Business 10 Apr 2013 | 12:00 AM

Germany’s February imports, exports slump

BERLIN: German imports fell sharply in February for the third time in the last four months and exports also declined, in a sign the eurozone’s largest economy cannot be relied on to help lift the currency bloc out of recession.

Business 10 Apr 2013 | 12:00 AM

Soros warns against more eurozone austerity measures

BOAO: The threat of deflation in the eurozone concerns US business magnate and legendary investor George Soros more than another round of potential economic crisis.

Nation 10 Apr 2013 | 12:00 AM

GE13: Announcement of nomination, polling dates sets Twitter alight

PUTRAJAYA: "Are you ready to rock the vote, peeps? #May5 #GE13dates". Like @adschumi, many Malaysian tweeters cheered the Election Commission’s (EC) long-awaited announcement of nomination and polling dates on Wednesday.

World 10 Apr 2013 | 12:00 AM

Fear stalks Yangon's Muslims after Buddhist-led killings

YANGON (Reuters) - An ultra-nationalist Buddhist creed is becoming more visible in Myanmar's commercial capital, Yangon, after monks from the apartheid-like movement helped stoke a wave of anti-Muslim violence in the central heartlands.