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Business 09 Nov 2013 | 9:30 PM Premium

Wall St Week Ahead - Investors to keep focus on Fed for tapering clues

NEW YORK: The U.S. stock market's rally could be put to the test next week if comments from Federal Reserve officials including Janet Yellen add to views the central bank could be scaling back its stimulus plan sooner rather than later.

Business 09 Nov 2013 | 9:28 PM Premium

Gold dives after US jobs data buoys dollar; oil up

NEW YORK: Precious metals tumbled on Friday, with gold sliding the most in one day since Oct. 17, as surprisingly strong U.S. employment data lifted the dollar.

Community 09 Nov 2013 | 12:00 AM Premium

Fed-up of car break-ins at Bkt Gasing

REGULAR visitors to Bukit Gasing are fed-up with the frequent car break-ins and thefts that occur whenever they leave their vehicles to jog up the popular hill trail in the evenings.

Business 09 Nov 2013 | 12:00 AM Premium

Stocks stay in correction mode

Taking the cue from a steadier US equities, Bursa Malaysia started out the week on a steadier note, with the FBM Kuala Lumpur Composite Index (FBM KLCI) rising 1.37 points to 1,811.78.

Business 09 Nov 2013 | 12:00 AM Premium

Global forex market

RISK is back on as the US dollar index trails off after hitting a peak of 80.706 on Tuesday. There were market talks that the Fed has adjusted its forward guidance rate for unemployment to 6.5% as a new benchmark before it considers adjusting interest rates.

Business 08 Nov 2013 | 3:53 PM Premium

Asian shares slip after US growth data

Asian markets sank on Friday, following losses on Wall Street, after better-than-expected US growth data fed speculation the Federal Reserve will roll back its stimulus programme soon.

Business 08 Nov 2013 | 3:30 PM Premium

Asia shares skid to 4-week low, France downgrade gives euro fresh jolt

TOKYO: Asian shares slumped to a four-week low on Friday after Wall Street suffered its biggest fall in more than two months, as investors looked to the U.S. payrolls data for clues on when the Federal Reserve will scale back its stimulus.

World 08 Nov 2013 | 1:15 PM Premium

Radical reds upset South Africa's political colour balance

BEKKERSDAL, South Africa (Reuters) - Colour has always been central to South African politics, but now, nearly 20 years after the end of apartheid, the tint of your T-shirt matters as much as that of your skin.

Business 08 Nov 2013 | 1:15 PM Premium

Oil prices higher in Frida Asian trade

SINGAPORE: Oil prices rose in Asian trade Friday but faced downward pressure from easing supply concerns as well as speculation the US Federal Reserve may begin to taper its stimulus programme soon, analysts said.

Business 08 Nov 2013 | 11:05 AM Premium

Twitter and the coming crisis

The bad news is: we are going to have another crisis. The good news is that by then promoted messages on Twitter will make it easy to find bankruptcy attorneys.