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Selamat Hari Raya

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May 14, 2015
airbus

NEW DELHI: India’s defence ministry has agreed to buy 56 planes from Airbus for $1.87 billion, as Prime Minister... More ››

May 14, 2015
sharp

TOKYO: Japanese electronics giant Sharp will announce later on Thursday a $1.68 billion fiscal year loss and thousands of... More ››

May 14, 2015
facebook

NEW YORK: Facebook raised wages for its contract workers, such as cafeteria staff and janitors, to a minimum of... More ››

May 14, 2015
tanaka

TOKYO: Japan’s three biggest carmakers are expanding a huge global recall triggered by potentially fatal air bags made by... More ››

May 14, 2015
brazil-china

BRASILIA: Brazil signalled Wednesday it will look to China for major investments in its infrastructure as it prepares to... More ››

May 13, 2015
KFH

SYDNEY/KUALA LUMPUR: Kuwait Finance House (KFH) is exploring the possible sale of assets including its Malaysia unit, as the... More ››

May 13, 2015
The Boeing logo is seen at their headquarters in Chicago

NEW YORK: Citing steady demand from airlines, Boeing Co said on Tuesday it is capable of raising 737 jetliner... More ››

May 13, 2015
radio-shack

SAN FRANCISCO: The auction for bankrupt electronic retailer RadioShack’s name and customer data will resume on Tuesday with bidding... More ››

May 13, 2015
herbalife

BOSTON: A union representing workers in New Jersey gambling hub Atlantic City said on Tuesday it asked the state’s... More ››

May 13, 2015
NY-DAily-News

NEW YORK: It was one dollar too much for Cablevision Systems Corp (CVC.N). The cable company is planning to... More ››

May 13, 2015
afp-verizon-buys-faded-inte

WASHINGTON: US telecom giant Verizon announced plans Tuesday to buy faded Internet pioneer AOL for $4.4 billion and hopefully... More ››

May 13, 2015
opec

VIENNA: The OPEC oil cartel on Tuesday raised slightly its world oil demand forecast for 2015, while acknowledging that... More ››

May 12, 2015
genting

KUALA LUMPUR: Malaysian gaming firm Genting Malaysia Bhd’s indirect unit Resorts World Ltd has offered to sell its 17.81... More ››

May 12, 2015
brahims

KUALA LUMPUR: Malaysia Airlines on Monday sealed two cheaper and shorter catering agreements with Brahim’s Holdings Bhd, as the... More ››

May 12, 2015
EU-USA

PARIS: A senior US official on Monday defended current mechanisms in place to resolve disputes with foreign investors, amid... More ››

May 12, 2015
zulily

NEW YORK: US online retailer Zulily’s shares jumped Monday on news that Alibaba, China’s e-commerce giant, has raised its... More ››

May 12, 2015
A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange

NEW YORK: US banking giant Citigroup said Monday it could plead guilty to an antitrust violation as part of... More ››

May 12, 2015
bank-of-england

LONDON: The Bank of England froze interest rates at a record low 0.50 percent on Monday in the first... More ››

May 11, 2015
oil-price-china

SINGAPORE: China overtook the United States as the world’s top importer of crude oil for the first time in... More ››

May 11, 2015
airbus

PARIS: Shares in European aerospace giant Airbus fell more than three percent in opening trade Monday after one of... More ››

May 11, 2015
toshiba

TOKYO: Toshiba shares plunged on Monday after the Japanese conglomerate withdrew its earnings forecast and said it will not... More ››

May 11, 2015
crude-oil

SINGAPORE: Oil prices held steady in Asia Monday after an interest rate cut by China boosted demand hopes in... More ››

May 11, 2015
RBS

LONDON: Britain may begin selling part of the state’s holding in Royal Bank of Scotland at a loss later... More ››

May 11, 2015
euro

LONDON: With optimism building that the United States is already recovering smartly from another horrible start to the year,... More ››

May 11, 2015
avendus

MUMBAI: Global investment banks are scrambling to get a piece of the action from India’s booming technology start-ups, having... More ››

May 10, 2015
muhyiddin_petrol_600

Muhyiddin also announces aerospace firm Augusta to set up maintenance base at Subang More ››

May 10, 2015
alibaba

WASHINGTON: Chinese e-commerce giant Alibaba has acquired a more than nine-percent stake in US online retailer Zulily, according to... More ››

May 10, 2015
sharp

TOKYO: Japan’s Sharp Corp is considering using capital to reduce accumulated losses on its book, an accounting maneuver that... More ››

May 10, 2015
mazda

TOKYO: Toyota Motor Corp and Mazda Motor Corp are in talks to expand their technology partnership to fuel-cell vehicles... More ››

May 8, 2015
microsoft

CHICAGO: Microsoft Corp currently is not weighing an offer for Salesforce.com Inc, two people familiar with the matter said... More ››

May 8, 2015
goldman-sachs

NEW YORK: New York’s top state court on Thursday revived a bond insurer’s $120 million lawsuit claiming Goldman Sachs... More ››

May 8, 2015
unnamed3

NEW YORK: Banjo, a tech startup that searches for trends and breaking news events on social media, announced Thursday... More ››

May 8, 2015
oil_2216265b

NEW YORK: Oil prices dived Thursday a day after hitting 2015 highs as worries about global oversupply reemerged as... More ››

May 8, 2015
8adb427e496d8196c1b526b35e7ac1efc56d7885-1akmlvs

NEW YORK: Chinese e-commerce giant Alibaba announced Thursday a surprise shake-up in management, replacing its chief executive despite a... More ››

May 8, 2015
uber-logo

NEW YORK: Ride-hailing service Uber has submitted a bid for Nokia Oyj’s map business, for as much as $3... More ››

May 7, 2015
oil_pump

SINGAPORE: Oil prices fell on Thursday morning in Asian trading after hitting 2015-highs in the previous session as traders... More ››

May 7, 2015
iata

BERLIN: Demand for air travel may weaken in the second quarter, as trade in Asia slows and European economies... More ››

May 7, 2015
JP-Morgan

PARIS: US bank JPMorgan Chase has been placed under formal investigation in France as part of a probe into... More ››

May 7, 2015
oil-market-malaysia

Malaysia's petrodollar earnings, which account for 13 percent of total exports and 30 percent of government revenue, are getting... More ››

May 6, 2015
tune-insurance

KUALA LUMPUR: Tune Ins Holdings Bhd , 13.65 percent-owned by Malaysian budget carrier AirAsia, said it will buy half... More ››

May 6, 2015
murdoch

NEW YORK: Deepening woes at newspapers pulled down the earnings for Rupert Murdoch’s News Corp, which saw declines in... More ››

May 6, 2015
simedarby

KUALA LUMPUR: Malaysia’s Sime Darby Bhd , the world’s largest listed palm oil firm, has indefinitely postponed an initial... More ››

May 6, 2015
shell

LONDON: BG Chief Executive Helge Lund on Tuesday welcomed with “mixed emotions” Royal Dutch Shell’s $70 billion takeover bid,... More ››

May 6, 2015
microsoft

CHICAGO: Shares of Salesforce.com Inc jumped 6.2 percent in late afternoon trading on Tuesday, after Bloomberg reported that Microsoft... More ››

May 6, 2015
disney

LOS ANGELES: Walt Disney Co’s quarterly revenue beat analysts’ expectations, helped by increased spending by visitors at its theme... More ››

May 6, 2015
oil-world

NEW YORK: US oil prices shot up above $60 a barrel for the first time this year Tuesday as... More ››

May 5, 2015
kfc

YANGON: KFC is poised to become the first major US fast food retailer in Myanmar, the company’s local business... More ››

May 5, 2015
morgan-stanley

NEW YORK: Morgan Stanley said on Monday it could lose more than $290 million from a lawsuit by Deutsche... More ››

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