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Business

Ex-Murdoch editor Brooks arrested again over hacking

LONDON (Reuters) - Rebekah Brooks, a former editor and close confidante of Rupert Murdoch, was arrested for a second time on Tuesday in a phone-hacking scandal that has rocked the British establishment and embarrassed Prime Minister David Cameron.

Business

Jaya Tiasa eyes RM332mil from placement

PETALING JAYA: Timber producer Jaya Tiasa Holdings Bhd plans to raise RM332.15mil from a proposed share placement exercise, of which RM225.85mil will be used to build palm oil mills.

Business

Under China's watch, Macau won't return to "Gangster's Paradise"

MACAU: Three murders, hammer-wielding heavies, and a high-profile police swoop have raised concerns that Macau, the world's casino capital, may be backsliding to the bad old days of the late-1990s. And that's even before ex-triad boss Broken Tooth ends a 15-year jail sentence in December.

Business

A thorough, swift probe of Genneva Malaysia should end the debate

Errol Oh delves into the Genneva Malaysia controversies where recent raids by the authorities have put investors and consultants on tenterhooks.

Business

What’s next for Genneva Malaysia?

Errol Oh says Swisscash ought to be acautionary tale about the need to truly besure about the transparency and regulatoryaspects of an investment scheme but sadly,not many people see it that way.

Business

Malaysian gold plans flourish in hunt for yield: Southeast Asia

KUALA LUMPUR: A search for better yields to beat the interest rates on bank deposits has boosted the appeal of alternative investments as diverse as stem-cell storage and birds' nests, while unlicensed instruments in the Southeast Asian nation identified by the Securities Commission doubled to 25 in 2011.

Business

Genneva Malaysia sustained considerable losses in 2012

Genneva Malaysia Sdn Bhd sustained considerable losses in 2012 and it had liabilities exceeding 10 times its assets, according to the enforcement agencies.

Business

Indian police launch raids in Finmeccanica defence deal probe

NEW DELHI: Indian police investigating the AgustaWestland bribery case raided homes and business premises in the New Delhi area and city of Chandigarh on Wednesday after formally launching a probe into the helicopter firm and a former air force chief.

Business

Cyprus bail-out turns bail-in

Tan Sri Lin See-Yan analysed how a bail-out designed to rescue Cyprus and keep it inthe 17-nation eurozone badly backfired and turned into a bail-in.

Business

Oil down in Asia Tuesday on profit taking

SINGAPORE: Oil prices eased in Asia on Tuesday with dealers taking profits after a rally on robust US jobs data and rising tensions in the Middle East, analysts said.