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Business 04 Jun 2013 | 12:00 AM

Yinson soars on Kencana link

PETALING JAYA: Shares of marine support services provider Yinson Holdings Bhd rallied following the proposed entry of Datuk Mokhzani Mahathir-linked Kencana Capital Sdn Bhd as a substantial shareholder.

Business 08 Jun 2013 | 12:00 AM

A model for fighting fraud

WHAT if the regulators can extract information from a listed company’s annual report and feed it into a computer program to find out if there’s probably some financial sleight of hand going on? That sounds like a tremendous step forward for capital market supervision and enforcement.

Business 16 Jul 2013 | 7:18 AM

Real Madrid World's Most Valuable Team at US$3.3bil

Real Madrid headed a trio of European soccer clubs at the top of a list of the world's 50 most valuable sports teams released by Forbes on Monday which was dominated by National Football League (NFL) franchises.

Economy 29 Aug 2013 | 5:38 PM

India’s diaspora steers clear amidst economic turmoil

The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past, and it is little surprise that embattled policymakers are again turning to them to plug a record trade gap that is battering the rupee.

Business 13 Sep 2013 | 7:57 AM

Wall Street retreats after 7 up sessions; miners lead decline

NEW YORK: U.S. stocks slipped on Thursday, ending seven straight days of gains by the S&P 500 index as a drop in precious metal prices dragged mining shares lower.

Economy 13 Sep 2013 | 4:47 PM

Asian stocks mostly lower ahead of Fed meeting

Asian markets were mostly lower in quiet trade on Friday, at the end of a positive week for investors, as attention turns to next week's US Federal Reserve meeting.

Business 16 Sep 2013 | 11:51 AM

Brent hits 3-week low below $111 after U.S.-Russia deal on Syria

SINGAPORE: Brent oil futures fell by more than a dollar on Monday to a three-week trough below $111 a barrel as supply worries eased after the U.S. agreed to call off military action against Syria in a deal with Russia to remove Damascus's chemical weapons.

Business 16 Sep 2013 | 5:00 PM

Stocks & bonds rally, dlr dips as Summers steps aside

SYDNEY: The U.S. dollar slid while bonds and shares rallied in Asia on Monday after news Lawrence Summers had dropped out of the race to head the Federal Reserve promised to prolong the lifetime of super-easy money.

Business 16 Sep 2013 | 5:04 PM

European shares at 5-year highs as Summers pulls out

LONDON: European stocks rose to five-year highs on Monday in a broad-based rally as news Lawrence Summers has pulled out of the race to lead the U.S. Federal Reserve bolstered expectations for easier monetary policy for longer.

Business 17 Sep 2013 | 8:47 AM

Asian shares slip, dlr steady as Fed policy shift looms

TOKYO: Asian shares slipped slightly and the dollar treaded water on Tuesday, as global markets braced for the outcome of the U.S. Federal Reserve's two-day policy meeting at which it is widely expected to begin withdrawing stimulus.