Business
Gold set for biggest weekly rise in eight after Fed
LONDON, Jan 27 — Gold rose in Europe today and headed for its best weekly performance since early December after the Federal Reserve signalled a continuation of its ultra-loose monetary policy, pushing the dollar lower against the euro.
Spot gold was up 0.3 per cent at US$1,724.70 (RM5,312.07) an ounce at GMT at 1023 GMT, while US gold ... Read More
Actresses Blake Lively (left) and Chloe Moretz with designer Jason Wu at the private unveiling of a “Limited-Edition Apparel and Handbag Collection” in New York, January 26, 2012. — Reuters pic
Nintendo sees bigger loss as smartphones hit sales
TOKYO, Jan 27 — Nintendo President Satoru Iwata dismissed the idea that the age of the dedicated handheld games device was over and said he aimed to return the company to substantial profit in 2012/13, ... Read More
Few banks to follow UniCredit share sale example
LONDON, Jan 27 — Markets will breathe a sigh of relief as beleaguered Italian bank UniCredit completes its €7.5 billion (RM30.2 billion) US$9.7 billion (RM29.8 billion) rights issue yesterday, but few ... Read More
Greece, creditors edge closer to deal
ATHENS, — Greece and its private creditors made progress yesterday in talks on restructuring its debt, both sides said, and they will continue negotiating yesterday with the aim of sealing an agreement ... Read More
Norway’s DNB has exposure to troubled Indonesian firm
OSLO, Jan 27 — DNB, Norway’s biggest lender, said it had exposure to Indonesia’s largest oil-and-gas shipping company PT Berlian Laju Tanker Tbk but declined to specify the extent of its exposure.Earlier ... Read MoreAsian stocks pause after rallying on Fed
TOKYO, Jan 27 — The broad asset rally that the US Federal Reserve inspired by pledging to keep rates low decelerated today as investors awaited the outcome of Greek debt talks and US gross domestic ... Read More
Zeti: Malaysian interest rates still accommodative
KUALA LUMPUR, Jan 27 — Malaysian interest rates are still “accommodative”, and the central bank needs to decide whether any further easing is needed, its governor Zeti Akhtar Aziz said today.The central ... Read More
Smartphones power record Samsung profit; sets US$22 billion capex
SEOUL, Jan 27 — Samsung Electronics Co posted a record US$4.7 billion (RM14.5 billion) quarterly operating profit, driven by booming smartphone sales, and will spend US$22 billion this year to boost ... Read More
Asia may not be such easy pickings for Apple
BANGALORE, Jan 27 — Investors in Apple Inc have a one-word answer for those who wonder whether this corporate juggernaut can maintain its phenomenal momentum in the years ahead: Asia.The iconic maker of ... Read More
Management Tip of the Day: Give high performers boring jobs
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- Starbucks profit beats, Europe weakness hurts
- Wall St rally interrupted as buyers pull back
- Analyst call Jan 27
- Nokia profits dive as new phones slow to take off
- Cameron urges EU to look beyond Doha
- Greek debt talks resume in race against the clock
- Japan’s NEC to slash 10,000 jobs, sees huge net loss
- Malaysian palm oil down as export orders shift to Indonesia
- SE Asia Stocks: Mostly up on Fed decision; Thai at 5-month high
- Nintendo sees first annual loss, cuts 3DS forecast
- Hyundai Q4 profit up; bullish on European sales
- Logitech warns again as weak market and euro hit Q3
- Apple CEO faces first test with cash mountain
- Bernanke says Fed pondering further stimulus
- Fed and Apple restart Wall Street’s advance
- Analyst call Jan 26
- Boeing Q4 profit up on airplane deliveries
- HSBC sells Thai units to Bank of Ayudhya
- Ericsson Q4 profit halves, sees challenges
- India, Thailand to sign free trade agreement by mid-2012
- SE Asia Stocks: Mostly down; Singapore up on earning hopes
- Slower growth ahead on weak recovery, RHB Research finds
- Markets firmer as focus turns from Greece to Fed
- Singapore warns inflation will stay elevated in near term
- Britain may be heading for recession; Q4 GDP seen shrinking
- Apple returns to form, blows Street targets away
- Analyst call Jan 25
- Mixed earnings, Greece end Wall Street’s five-day run
- Khazanah pays RM3.7b for key stake in Turkish healthcare firm
- Futures drop on Greece, short-term top seen
- Debt worries, economy outlook spark market retreat
- Aussie firm pays RM430m for Genting’s Indonesian oil blocks
- Bank of Japan cuts economic forecasts, puts policy on hold
- Euro shaky but stocks up as Greek debt talks stall
- Starbucks expanding beer, wine sales this year
- Euro zone ministers reject private bondholders’ Greece offer
- Euro, world stocks rise on progress toward Greece deal
- RIM and Blackberry on the edge under new CEO
- Wall Street set to stall at open after big run
- EU states agree gradual ban on Iran oil, sanctions on Central Bank
- European shares steady ahead of EU finance ministers meeting
- Luxury store wars escalate on London’s top streets






