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Business 09 Aug 2012 | 12:00 AM

Caterpillar exporting China-made goods

NEW YORK: Caterpillar Inc has begun exporting Chinese-made machinery to the Middle East and Africa, part of a plan to offset a dip in China's economic growth, a top official at the company said in an interview.

Business 09 Aug 2012 | 12:00 AM

Surprise jump in Malaysia's June exports

PETALING JAYA: Exports for June rose 5.4% to RM60.97bil compared with the same month a year ago on higher electrical and electronic (EE) sales to Hong Kong, the United States, Japan, Vietnam and China.

Business 10 Aug 2012 | 12:00 AM

Petronas stocks, IOI lift KLCI near all-time high

The FBM KLCI closed at the day's high on Friday, supported by fund buying of Petronas-linked stocks and plantation heavyweight IOI Corp while key regional markets were mixed.

Business 10 Aug 2012 | 12:00 AM

Asian markets in the red midday

Key Asian markets fell in the morning session on Friday as investors grew impatient as hopes somewhat faded for more steps to resolve the eurozone debt crisis and boost global growth.

Business 10 Aug 2012 | 12:00 AM

Myanmar eyes Malaysian investors

PETALING JAYA: As Myanmar continues to open and develop its economy to attract more foreign direct investments (FDIs), the reborn Asean nation has identified certain sectors with the highest prospects for global and regional players to enter.

Business 11 Aug 2012 | 12:00 AM

TRX envisioned to be a district where ‘talent congregates and value is created’

IMAGINE heading towards a building in the city centre and already knowing exactly where the empty parking spaces are after merely punching some buttons on your smartphone.

Business 11 Aug 2012 | 12:00 AM

United slashes price for US share offer

WASHINGTON: Britains world-renowned soccer club Manchester United has slashed the price of its US share offer, cutting the proceeds from yesterdays listing to US$233mil from a hoped-for US$300mil.

Business 11 Aug 2012 | 12:00 AM

David Teo’s wake-up call for Malaysian media industry

SOME have tried. Some have had fair success. But generally speaking, the Malaysian ad and media industry is oblivious to how best to reach the pulsating Malay consumer out there.

Business 11 Aug 2012 | 12:00 AM

Will audit have its day in court?

Silver Bird may well be the first local listed company to sue its internal and external auditors.

Business 11 Aug 2012 | 12:00 AM

Sands China deals probed for possible graft violations

HONG KONG: US authorities are investigating Macau casino operator Sands China Ltd, controlled by Las Vegas gambling mogul Sheldon Adelson, on possible violations of anti-bribery regulations, according to the i>Wall Street Journal/i>.