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Business 12 May 2010 | 12:00 AM

David Cameron becomes new British PM, Clegg DPM(update)

LONDON: David Cameron, the youthful leader who modernized the party of right-wing icon Margaret Thatcher, became prime minister Tuesday after the resignation of Gordon Brown - capping a gripping election saga that returns the Tories to government after 13 years of Labour Party noshade size=-1 width=50%>

Business 29 May 2010 | 12:00 AM

Sime Darby dethroned

PETALING JAYA: Sime Darby Bhd has been dethroned as the largest company on the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) and now occupies third place after having shed close to RM5.89bil in market capitalisation over the last one month.

Business 03 Jul 2010 | 12:00 AM

Getting away with white collar crime

THOUGH much has been done to improve the awareness of corporate governance in Malaysia, the reality is that the lax enforcement of laws on directors and officials of listed companies in Malaysia remains a major setback. The most oft-cited observation is that hardly any director of a listed company has been put behind bars. In the words of one observer: 'White collar crime still seems to pay in Malaysia.'

Business 08 Jul 2010 | 12:00 AM

MAS chairman says Asia should take firm stand on global finance

MELBOURNE: Malaysia Airlines chairman Tan Sri Dr Munir Majid has called on rising Asian countries to assert themselves in global finance to ensure future economic growth.

Business 29 Sep 2010 | 12:00 AM

China to vault into top 3 at IMF under proposal

WASHINGTON: China is set to leapfrog industrial powers Germany, France and Britain to become the International Monetary Fund's (IMF) second or third most powerful member under plans being discussed to give emerging nations greater influence.

Business 23 Dec 2010 | 12:00 AM

Brazil 4th biggest car market

SAO PAULO: Brazil this year overtook Germany as the fourth-biggest car market in the world and foreign investors see huge potential as the Latin American giant becomes increasingly prosperous.

Business 15 Jan 2011 | 12:00 AM

Is 2050 our next big target?

Errol Oh ponders on the ifs and buts of Malaysia being the top-30 economy 40 years from now.

Business 17 Feb 2011 | 12:00 AM

PC maker Lenovo says profit up 25%

BEIJING (AP) - Chinese personal computer maker Lenovo said Thursday its quarterly profit rose 25 percent on double-digit sales growth in developing markets.

Business 23 Apr 2011 | 12:00 AM

The challenge at RHB to maintain uptrend

After a successful transformation period, the task for the new management team will be to sustain the momentum.

Business 06 Jun 2011 | 12:00 AM

China shops for Latin American oil, food, minerals

CARACAS, Venezuela: Latin America is blessed with a wealth of natural resources such as oil, copper and soy, and needs financing to capitalize on them. China needs commodities to keep its economy growing and has about $3 trillion in reserves to burn.