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Markets 11 Sep 2017 | 9:59 AM

Firmer trade data, positive Asian markets boost KLCI

KUALA LUMPUR: Blue chips chalked up some gains on Monday with Sime Darby and Hong Leong Bank among the gainers, while sentiment was underpinned by the firm industrial output data and also the positive key Asian markets.

Auto 11 Sep 2017 | 9:01 AM

Li Ka-shing expands investments in electric vehicles

HONG KONG: Hong Kong billionaire Li Ka-shing agreed to buy an indirect stake in a Japanese maker of electric cars, expanding his investments in an area that’s set to benefit from China’s push to phase out gasoline and diesel vehicles.

Markets 11 Sep 2017 | 8:55 AM

Hong Kong stocks rise on state firm restructuring, yuan policy

HONG KONG: Hong Kong stocks rose the most in more than a week on Monday, encouraged by another case of Chinese state enterprise reforms and Beijing's loosening of controls to curb outflows that underlined rising confidence over the yuan's value.

Corporate News 11 Sep 2017 | 7:31 AM

Lucky 8? US$1,000 price tag dampens iPhone enthusiasm in China

BEIJING: Apple Inc will launch an expected ”iPhone 8” on Tuesday, hoping the number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market but Chinese shoppers are already counting the cost.

TECH 11 Sep 2017 | 7:21 AM

Lucky 8? US$1,000 price tag dampens iPhone enthusiasm in China

Apple Inc will launch an expected "iPhone 8" on Sept 12, hoping the number's auspicious connotations in China will help turn around fortunes in the world's biggest smartphone market after six quarters of falling sales.

Cryptocurrency 11 Sep 2017 | 5:44 AM

China to ban bitcoin on domestic exchanges

BEIJING: China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the US$150bil cryptocurrency market after the country outlawed initial coin offerings last week.

Markets 11 Sep 2017 | 5:28 AM

Sime Darby and Axiata lead KLCI higher at midday

KUALA LUMPUR: The FBM KLCI rose in Monday morning trade, tracking regional markets that were in positive territory as worries over another North Korean missile launch over the weekend went unfounded.

Banking 11 Sep 2017 | 5:21 AM

London stays world's top finance centre despite Brexit

FRANKFURT/ LONDON: London remains the globe's most attractive financial centre, extending its lead over New York despite Britain's looming departure from the European Union, a survey found on Monday.

Corporate News 11 Sep 2017 | 12:00 AM Premium

Valuable lessons for Three-A Resources from soured China venture

Three-A Resources to focus solely on domestic ops after failed foray

Business 11 Sep 2017 | 12:00 AM

Straits set to turn around in FY17

Group sees huge opportunities in its new ship-to-ship bunkering business