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Business

Oil down ahead of producer meeting; US$ slips

NEW YORK: Crude oil prices fell on Friday ahead of a weekend meeting that could yield an output freeze by major producers, while the U.S. dollar and stocks across the globe edged lower but posted weekly gains.

Business

How to invest in a mature bull market

THE FTSE Bursa Malaysia KLCI (FBM KLCI) together with the Dow Jones and all major indexes have been bullish over the last seven years. Since the 2008 subprime crisis in the US, markets have been on a virtual uptrend right up to now. It hasn’t quite ended, and here lies the skittishness.

Community

Amidst zooming planes and cars

THE arch of Kampung Baru Salak, Sepang, is flanked by a row of shoplots along a busy main road.

Business

It’s a good thing CST Brands only needs one buyer

NEW YORK: Three years. That’s how long fuel and convenience-store operator CST Brands will have lasted as an independent company, assuming the review of strategic alternatives it started last month culminates in a sale. But to the chagrin of activist investors who are angling for a deal, the universe of potential buyers is shrinking.

Nation

Sarawak polls: Autonomy the word on everyone's lips

KUCHING: George Chin, a lab technician in his 30s, never really took Sarawak autonomy issues seriously until recently -- bread and butter issues had dominated his daily life.

Business

Iran will not attend Doha oil freeze talks on Sunday

DOHA: Iran will not attend a meeting between OPEC and non-OPEC member countries about freezing oil output levels in Qatar on Sunday, two sources familiar with the situation told Reuters.

Education

Tech skills most sought after

LET’S face it. Economic uncertainties, combined with the slowdown in industry sectors such as Oil and Gas have had an impact on recruitment activities in many places, as businesses in Malaysia and globally adopt a more cautious approach. 2016 may be a tough year for students or professionals looking for jobs.

Nation

China investments to lift Malaysia’s outlook

MALAYSIA’S economic and business outlook looks depressed from official projections and private sector surveys, but this may be lifted by the massive inflow of Chinese funds and investments.

Business

Oil freeze deal faces trouble as Saudi-Iran tensions spike

DOHA: Saudi Arabia demanded on Sunday that Iran join a global deal on freezing oil output, jeopardising an agreement between OPEC and non-OPEC producers that was supposed to help ease a glut and prop up the price of crude.

Business

Saudi-Iran tensions scupper deal to freeze oil output

DOHA: A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices.