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Politician, 12 others held over gambling activities

A local politician and 12 others were detained when police made several raids on Monday to weed out illegal gambling activities in Klang, Selangor.


Tengku and wanted criminal nabbed

Police in Ipoh arrested a Tengku, who together with a wanted criminal, is said to have tried to cheat several people by offering them forged gaming licences.


Investors cool over Tanjong project

FOR Europeans yearning for a holiday in a tropical paradise without having to travel too far away from home, a resort island right in the heart of Germany, complete with a rainforest, beaches, water parks and a tropical flowers world, could well prove an irresistible draw.

AseanPlus News

Big tussle among casinos in Macau

SOME of Las Vegas' biggest casinos are extending the frontline of gaming market competition to Macau, the only place in China where casinos are legal.


Earnings poised to improve in H2

MALAYSIAN corporate earnings, after having taken a hit in the second quarter, are expected to turn around in the second half this year in line with the improving economic outlook, analysts said.


Focus turns to cyclical stocks

GIVEN the growing optimism on the economic front and better earnings visibility, investment analysts and strategists think now is the time to increase exposure to cyclical stocks that are sensitive to economic health.


900 gaming machines seized

Police seized 900 illegal gaming machines worth RM270,000 in separate operations in Kepong and Sungai Besi.


Police bust illegal 4-D syndicate

An illegal four-digit lottery syndicate, said to have dealings of up to RM9mil a month, was busted during a raid on Wednesday.


Renewed interest in KLSE

The past few days of very strong gains on the KLSE are bringing back smiles on the faces of stock market investors. With renewed interest and optimism in the market, punters are steadily trooping into the viewing galleries of stockbroking houses again, to share 'hot' tips and talk about the gains to be made.


Foreign business news in brief

Foreign business news in brief: 'Hutchison launches bonds', 'Aristocrat ex-CEO claims damages', 'Unisteel director resigns,' 'All Nippon places aircraft order,' and 'EVA takes delivery of plane'.