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Business 27 Jan 2014 | 11:46 AM

Foreign funds sell net RM1.259b of Malaysian equities

KUALA LUMPUR: Foreign funds sold net RM1.259bil of Malaysian stocks in the open market in the week ended Jan 24, according to MIDF Research.

Business 26 Jan 2014 | 8:33 PM

Emerging markets rout a reality check for Davos elite

DAVOS, Switzerland: Just as they were getting their swagger back, the global elite stumbled last week on an emerging market sell-off that served as a reminder of the risks the global economy still faces.

Business 26 Jan 2014 | 8:22 PM

Propane freeze squeeze may harden resistance to US oil exports

NEW YORK: A shortage of propane heating fuel during a brutal U.S. cold snap this month threatens to sharpen the year's most urgent energy policy debate - how much of its newfound shale oil and gas bounty should America export?

Business 26 Jan 2014 | 8:29 PM

Tata Motors says managing director Karl Slym dies after fall

MUMBAI: India's Tata Motors said on Sunday that Managing Director Karl Slym had died in Bangkok after a fall.

Business 27 Jan 2014 | 4:14 PM

Eastspring Investments' income distribution for 5 funds

KUALA LUMPUR: Prudential Corporation Asia's Eastspring Investments Bhd has declared income distributions ranging from 2.23 sen to 6.63 sen for its funds.

Business 27 Jan 2014 | 3:39 PM

Malaysia Airlines suspending flights to Los Angeles, focus on Asia

KUALA LUMPUR: Malaysia Airlines (MAS) will halt its flights into Los Angeles with effect from April 30 as it undertakes a route rationalisation exercise to stem losses and instead focus on Asia.

Business 26 Jan 2014 | 8:25 PM

Britain's car industry may inspire more balanced economic recovery

LONDON: A bumper year for Britain's car industry offers some hope the economy will start to grow in a more sustainable way, with a better balance between investment and spending.

Business 27 Jan 2014 | 8:16 AM

Emerging market investors find some places to hide

NEW YORK After a scary sell-off in emerging markets in the past week, investors who specialize in the sector are looking for places to hide while also looking for opportunities to benefit.

Business 27 Jan 2014 | 7:59 AM

Asian shares wobble, yen soars on emerging market anxiety

TOKYO: Asian shares took a beating and the yen raced to a seven-week high against the dollar on Monday, as emerging markets remained under pressure with the U.S. Federal Reserve poised to continue tapering its stimulus and tighter credit conditions in China raising fears of a slowdown.

Business 27 Jan 2014 | 5:31 PM

Malaysia Aica jumps while 30.13% stake crossed at 85 sen each

KUALA LUMPUR: Malaysia Aica Bhd, which jumped in heavy trading on Monday amid a weak market sentiment, saw 39.28 million shares crossed at an average price of 85 sen each.