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Oil price rebounds early Wednesday on US stocks drawdown

SINGAPORE: Crude oil prices bounced back on Wednesday as a decline in U.S. inventories underpinned the market, although a dip in compliance with OPEC efforts to reduce output and near record supplies capped gains.

High-end iPhone pushes prices up for Apple, even as sales slow

Apple Inc sold fewer iPhones than expected in the first three months of the year, but that bare statistic hides an important bright spot for the company.

Sunway gaining investors interests, stable growth across its businesses

PETALING JAYA: Sunway Bhd is gaining investors interests as many have begun to realise the deep value in the company and the stable growth of all its businesses.

Google success in US schools forces Microsoft, Apple to scramble

Microsoft's announcement of a suite of new education products shows the company's determination to reverse a major shift that has taken place in US classrooms in recent years: for most educators and school districts.

Venezuela's Maduro reaches for Chavez's constitution playbook

CARACAS (Reuters) - Venezuelan President Nicolas Maduro shocked many of his countrymen on Monday by calling for a constitutional assembly in a move similar to one his predecessor and mentor Hugo Chavez used almost 20 years ago.

Buffett to face big crowd as Berkshire grows bigger

NEW YORK: As the United States adapts to the presidency of Donald Trump and faces rising tensions abroad, Berkshire Hathaway Inc shareholders will descend on Omaha, Nebraska, this weekend seeking reassurance, from Warren Buffett.

UOB Kay Hian downgrades casino segment; Genting group share price surges more than 20% ytd

PETALING JAYA: The casino segment in the country has been downgraded in view of the Genting group of companies' more than 20% year-to-date (ytd) stellar gains in share prices.

Bitcoin soars above US$1,400 to all-time high

Bitcoin surged to an all-time high above US$1,400 (RM6,040), after more than tripling in value over the past year, with its most recent rise attributed to strong demand in Japan.

Apple posts surprise dip in iPhone sales, shares fall

Apple Inc reported a surprise fall in iPhone sales for its second quarter on May 2, indicating that customers may have held back purchases in anticipation of the 10th-anniversary edition later this year.

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm