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Business 04 Oct 2014 | 6:27 AM

U.S. hiring accelerates, jobless rate hits six-year low

WASHINGTON: U.S. employers ramped up hiring in September and the jobless rate fell to a six-year low, bolstering bets the Federal Reserve will hike interest rates in mid-2015.

Business 11 Oct 2014 | 6:37 AM

Growth worries slam global stocks, oil, emerging markets

NEW YORK: Stocks in major global markets closed out one of their worst weeks of the year on Friday, with an index of global equities hitting an eight-month low, and oil slumping to a four-year low as worries about slowing global economic growth darkened the investment outlook.

Business 08 Oct 2014 | 10:17 AM

Affin downgrades brewery sector; Reduce Guinness, Carlsberg

KUALA LUMPUR: Affin Hwang Capital Research has downgraded the brewery sector to Underweight from Neutral, with a Reduce call on both Guinness and Carlsberg, saying the ongoing subsidy rationalisation measures by the Government are continuing to dampen consumer sentiment.

Markets 27 Oct 2014 | 12:00 AM

NCB remains attractive despite big fall in share price

PETALING JAYA: Port and logistics operator NCB Holdings Bhd’s share price which has tumbled over the past year to a near four-year low at RM2.55 last Friday may pique investors’ interest.

Economy 17 Oct 2014 | 10:18 AM

Data shows US economic pulse is still strong

WASHINGTON: The number of Americans filing new claims for jobless benefits fell to a 14-year low last week and industrial output rose sharply in September, positive signals that helped ease fears over the economic outlook.

Business 01 Nov 2014 | 12:00 AM

Palm stocks to ease in 2014 and 2015 as demand picks up

KUALA LUMPUR: Malaysian palm oil stocks could drop 14% by the end of 2014 from 2.09 million tonnes at the end of last month, a senior official of the Malaysian Palm Oil Board (MPOB) said, as export demand and domestic food and fuel needs pick up.

Business 17 Oct 2014 | 9:01 AM

Asia stocks tentatively higher in early trade Friday

TOKYO: Asian stocks were tentatively higher on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge.

Business 18 Oct 2014 | 6:46 AM

US consumer sentiment rises despite Ebola fears

WASHINGTON: While the appearance of the deadly Ebola virus in Texas is worrying the nation, it has yet to lead Americans to take a more cautious view over how to spend their money, data suggested on Friday.

Business 24 Oct 2014 | 9:56 AM

Microsoft sales beat Street hopes, cloud profits up

SEATTLE: Microsoft Corp reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

Business 11 Nov 2014 | 8:49 AM

Asian shares edge lower in early trade Tuesday

TOKYO: Asian shares and the dollar got off to a lackluster start on Tuesday as oil prices continued to drop, while Japanese shares marked early gains.