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Banking 20 Oct 2016 | 6:30 AM

Public Bank Q3 earnings higher at RM1.24bil

KUALA LUMPUR: Public Bank Bhd’s net profit rose 3.1% to RM1.24bil in the third quarter ended Sept 30 from RM1.2bil in the same period a year ago driven mainly by higher net interest income and income from Islamic banking business.

TECH 20 Oct 2016 | 2:00 AM

Online sharing a treasure trove for snoops

Social networks offer windows into people’s lives, and exploiting those insights is big business – with some sounding the alarm over the ever-growing intrusion from corporations and governments alike.

Business 20 Oct 2016 | 12:00 AM

China Q3 GDP grows 6.7%

BEIJING: China’s economy expanded at a steady 6.7% in the third quarter and looks set to hit Beijing’s full-year target, fuelled by stronger government spending, record bank lending and a red-hot property market that are adding to its growing pile of debt.

Corporate News 19 Oct 2016 | 10:17 AM

Genting, Petronas Chemicals shore up KLCI in volatile trade

KUALA LUMPUR: Blue chips eked out marginal gains on Wednesday, underpinned by gains in Genting Bhd and Petronas Chemicals but the overall market remained lacklutre, mittoring the mixed key Asian bourses.

Economy 19 Oct 2016 | 6:05 AM

China Sept property investment and sales quicken, new construction slips

BEIJING: September's investment in Chinese real estate showed its strongest growth since May as booming construction, sales and prices contributed handsomely to third-quarter economic expansion of 6.7% - offsetting stubbornly weak exports.

Corporate News 19 Oct 2016 | 4:26 AM

Asian shares extend rally, relieved at China growth

SYDNEY: Asian shares rose for a second session on Wednesday as a barrage of Chinese data confirmed the economy had stabilised on the back of government spending and a hot housing market, even if worries about debt continue to mount.

Business 18 Oct 2016 | 3:56 PM

Wall St rallies as strong earnings reports boost optimism

NEW YORK: The S&P and the Nasdaq were on track for their best day this month on Tuesday as a slew of market-beating results from marquee companies boosted optimism about Corporate America’s health.

Business 18 Oct 2016 | 11:24 AM

Bursa Malaysia recovers to end higher

KUALA LUMPUR: Bursa Malaysia pared Monday’s losses to close higher on Tuesday, thanks to the rebound in the global oil prices and stronger ringgit, a dealer said.

World 18 Oct 2016 | 11:16 AM

Americans in Philippines jittery as Duterte rails against United States

OLONGAPO, Philippines (Reuters) - In a bar along the Philippines' Subic Bay owned by an American military veteran, the main topic of conversation is not the upcoming U.S. election despite the Donald Trump coffee mugs, photographs and caps on display.

Business 18 Oct 2016 | 2:54 AM

Ringgit opens higher against the dollar on improved sentiment

The ringgit opened higher against the US dollar today on the back of improved sentiment and a technical correction in the greenback, a currency dealer said.