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May 27, 2014
Rio Tinto seals deal on US$20 bn mine in Guinea

SYDNEY:  Global mining giant Rio Tinto Tuesday said it has formalised an agreement with Guinea’s government to develop the... More ››

May 26, 2014
M'sia-S. Korea in currency swap facility

KUALA LUMPUR: Bank Negara Malaysia (BNM) and the Bank of Korea announced the activation of the “Malaysia-Korea Currency Swap-financed... More ››

May 26, 2014
flipkart-social-media

MUMBAI: Flipkart, India’s largest e-tailer, raised US$210 million in a fresh round of funding from a group of four... More ››

May 26, 2014
Mary Kay

KUALA LUMPUR: International beauty and cosmetics brand Mary Kay is looking to triple its business in Malaysia in the... More ››

May 26, 2014
boustead

KUALA LUMPUR: Boustead Holdings Bhd’s pre-tax profit fell to RM133.3 million in the first quarter ended March 31 from... More ››

May 26, 2014
Tony Fernandes, the QPR chairman, wants Mark Hughes to instil some team spirit for Manchester United

Fernandes entered the sport with Caterham in 2010, but the racing team failed to win a single point in... More ››

May 26, 2014
sony

SHANGHAI: Sony will bring its PlayStation consoles to China through two joint ventures, its Chinese partner said today, as... More ››

May 26, 2014
Gromutual

JOHOR BARU: Gromutual Bhd is undertaking ongoing residential and commercial properties with a gross development value of RM376.2 million.... More ››

May 26, 2014
Bumi Armada

KUALA LUMPUR: AllianceDBS Research has maintained its “buy” call on Bumi Armada Bhd due to the company’s bright prospects... More ››

May 26, 2014
Russian President Vladimir Putin chairs a meeting on economic and social issues, as Prime Minister Dmitry Medvedev sits nearby, in Moscow

ST PETERSBURG: Russia’s President Vladimir Putin (pic) said on Saturday a route to supply gas to China via western... More ››

May 26, 2014
An employee sets a table inside a restaurant at the Crown Plaza hotel, run by IHG, in New Delhi

LONDON: The world’s largest hotelier, Intercontinental Hotels Group (IHG), has rejected a six billion pound (US$10.1 billion) takeover offer... More ››

May 26, 2014
Mining giants slam Australia's high taxes, costs

SYDNEY: Three of the world’s biggest miners have warned that government taxes, high costs and a strong currency are... More ››

May 26, 2014
watch-dogs

SAN FRANCISCO: Hacker-themed video game “Watch Dogs” makes its hotly anticipated debut tomorrow in a world grappling with real-life... More ››

May 26, 2014
Kakao Corp, Daum

SEOUL: South Korea’s top messaging service provider, Kakao Corp, and its second largest Internet portal, Daum, announced a merger... More ››

May 26, 2014
asian-stock-market

HONG KONG: Asian markets mostly rose today following a record close on Wall Street that was fuelled by upbeat... More ››

May 26, 2014
ExxonMobil

SYDNEY: The first shipment of liquefied natural gas from a landmark US$19 billion project in Papua New Guinea has... More ››

May 23, 2014
A man stands in front of a logo of Honda Motor at the company showroom in Tokyo

TOKYO: Honda Motor said today it has cut production in its Thai plant by 40%, blaming a drop in... More ››

May 23, 2014
Mahathir Proton Holding Bhd

The Proton chairman, however, says that Mitsubishi is not part of the talks. More ››

May 23, 2014
google

NEW YORK: Google Inc is developing a new 7-inch tablet that can capture 3-D images, and plans to produce... More ››

May 23, 2014
Singapore supermarket

SINGAPORE: Singapore’s Consumer Price Index (CPI) All Items inflation came in at 2.5% in April compared with 1.2% in... More ››

May 23, 2014
Pos-Malaysia

KUALA LUMPUR: AmResearch Sdn Bhd has upgraded Pos Malaysia Bhd to a “buy” call with a target price (TP)... More ››

May 23, 2014
Alstom

NEW YORK: General Electric said today that it has extended the deadline on its offer to buy Alstom’s energy... More ››

May 23, 2014
News Corp Chairman and CEO Rupert Murdoch gestures as he speaks at the "The Economics and Politics of Immigration" Forum in Boston

SYDNEY: Rupert Murdoch’s News Corp. issued a strong statement of support today for newspapers, with chief executive Robert Thomson... More ››

May 23, 2014
A man walks past a Telstra public phone in Sydney

SYDNEY: Australian telecommunications giant Telstra Friday flagged a large expansion into Asia, with the goal of sourcing one-third of... More ››

May 23, 2014
wall street

NEW YORK: Wall Street stocks finished higher yesterday following mixed US economic data as a closely watched index of... More ››

May 23, 2014
The Wall Street sign is seen outside the New York Stock Exchange

NEW YORK: Wall Street stocks finished higher yesterday following mixed US economic data as a closely watched index of... More ››

May 23, 2014
HP logo is seen outside Hewlett-Packard Belgian headquarters in Diegem

NEW YORK: US computer giant Hewlett-Packard announced yesterday it was cutting an additional 11,000 to 16,000 jobs as part... More ››

May 23, 2014
youtube--127737645009659600

LONDON: The independent music trade organisation said today YouTube had refused to withdraw threats over the Silicon Valley giant’s... More ››

May 22, 2014
Sunway

KUALA LUMPUR: Sunway Group, Malaysia’s property-construction powerhouse, is leveraging on cloud platform to drive standardisation, best practices and business... More ››

May 22, 2014
tobacco

NEW YORK: Reynolds American Inc is in active discussions to buy Lorillard Inc in a complicated, three-way transaction that... More ››

May 22, 2014
The Federal Reserve building is seen in Washington

WASHINGTON: Federal Reserve policymakers last month began laying groundwork for an eventual retreat from easy monetary policy with a... More ››

May 22, 2014
KLIA 2

KLIA2 operator says it fully supported AirAsia's move to the budget carriers' airport. More ››

May 22, 2014
asian market

HONG KONG: Asian shares rallied today as data indicated an improvement in Chinese manufacturing activity and minutes from the... More ››

May 22, 2014
A man looks at at an electronic stock quotation board outside a brokerage in Tokyo

HONG KONG: Asian shares rallied today as data indicated an improvement in Chinese manufacturing activity and minutes from the... More ››

May 22, 2014
zenimax

SAN FRANCISCO: US video game giant ZeniMax Media said yesterday it is suing virtual reality headgear star Oculus VR,... More ››

May 22, 2014
A neon Google logo is seen as employees work at the new Google office in Toronto

SAN FRANCISCO: Google told US regulators that it could spend as much as US$30 billion of its offshore cash... More ››

May 22, 2014
ExxonMobil

BUENOS AIRES: ExxonMobil said yesterday it has found a promising shale oil deposit in southern Argentina, on par with... More ››

May 22, 2014
hi-blackberry-03574251

SAN FRANCISCO: BlackBerry said yesterday it was building a system to make sense of the maelstrom of information from... More ››

May 22, 2014
Visitors stand in front of a logo of YouTube at the YouTube Space Tokyo, operated by Google, in Tokyo

LONDON: The independent music community hit out at YouTube today over proposals for a subscription music streaming service, which... More ››

May 22, 2014
Chinese manufacturing

BEIJING: Chinese manufacturing activity saw a sharp improvement in May, hitting a five-month high, HSBC said, but it warned... More ››

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