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Markets 16 Jun 2014 | 12:00 AM

Iraq conflict brings defence stocks in focus

NEW YORK: With the possibility of escalating violence in Iraq, stocks in the defence sector could garner more attention this week.

Commodities 17 Jun 2014 | 10:30 AM

Gold steady near 3-week high on Iraqi tension

SINGAPORE: Gold held steady near a three-week high on Tuesday as escalating tensions in Iraq attracted some safe-haven bids, but investors were awaiting a Federal Reserve meeting this week before taking any big positions.

Business 04 Jun 2014 | 3:52 PM

Chinese media rails against Google, Apple, US tech firms

BEIJING: Chinese state media lashed out at Google, Apple and other US technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the US government for monitoring China and stealing secrets.

Commodities 01 Oct 2013 | 3:55 PM

Gold edges higher as US govt shutdown begins

Gold edged higher on Tuesday as the US government shut down some of its operations after Congress failed to agree on a spending bill, but gains were limited as investors believe the stand-off will likely soon be resolved.

Business 01 Oct 2013 | 12:54 PM

KLCI extends losses on US govt shutdown

KUALA LUMPUR: The FBM KLCI caved in to selling pressure at midday on Tuesday on the lack of follow-though buying support from funds as investors worried about the impending announcement of the US government shutdown

Economy 14 Jul 2014 | 10:04 AM

Citi, US govt US$7bil settlement expected Monday

NEW YORK: Citigroup agreed to pay US$7bil to resolve a US government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said.

Business 19 Jul 2014 | 6:42 AM

Wall St. rebounds from selloff after MAS plane crash; indexes up for the week

NEW YORK: U.S. stocks rose on Friday, rebounding a day after the S&P 500 suffered its worst slide since April 10, with the three major indexes closing higher for the week.

Business 27 Aug 2014 | 8:22 AM

Buffett puts shareholders ahead of patriotism in Canadian deal

NEW YORK: Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the US. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he wrote in his annual letter this year.

Business 12 Sep 2014 | 10:45 AM

US senator says billionaire Warren Buffett called him about tax inversions

WASHINGTON: U.S. Senator Orrin Hatch, the top Republican on the tax-writing Finance Committee, said billionaire investor Warren Buffett called him recently to find out what Congress might do about companies that move abroad for tax purposes.

Analyst Reports 12 Sep 2014 | 8:48 AM

Trading ideas: Freight Management, Tomei, Iris, Samudra, YTL Corp

KUALA LUMPUR: JF Apex Research expects Freight Management, Tomei, Iris and Kejuruteraan Samudra Timur to be among the stocks which could see trading interest on Friday.