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Business News



Business News



 



Japanese investments are looking up

Sun, 28 May 2017 00:00:00 +08:00

As Japanese business sentiment begins recovering amid optimism over the Malaysian economy and possibility that Tokyo may grab the KL-Singapore High Speed Rail project, investments from Japan are expected to rebound.Experienced player: The Japanese are bidding for the Kuala Lumpur-Singapore High Speed Rail (HSR) project, estimated to cost around RM60bil.


Media Files:
http://www.thestar.com.my/~/media/online/2017/05/27/19/01/main_2805_hojapan_zh_2.ashx?crop=1&w=0&h=0&




Workforce still vital in e-commerce era, says GDex chief

Sun, 28 May 2017 00:00:00 +08:00

PETALING JAYA: Despite being at the forefront of the e-commerce drive locally, leading courier company GD Express Carrier Bhd (GDex) continues to build up its workforce to provide quality deli­very services.Human factor: Teong addressing the crowd at Menara Star. The GDex chief believes e-commerce will increase job opportunities.


Media Files:
http://players.brightcove.net/4405352761001/default_default/index.html?videoId=5450616950001




The Star’s ePaper keeps its lead

Sun, 28 May 2017 00:00:00 +08:00

PETALING JAYA: Readership of digital papers is rising steadily with nearly 50% more Malaysians joining the trend, and The Star’s ePaper is leading the pack with more than 110,000 subscribers.



What your money management says about your personality

Sat, 27 May 2017 17:28:13 +08:00

SOME think money will solve all their problems, others think “mo money, mo problems”.


Media Files:
http://www.thestar.com.my/~/media/online/2017/05/27/09/29/compareheromy.ashx?crop=1&w=0&h=0&




Power Talks: Teong Teck Lean

Sat, 27 May 2017 10:12:35 +08:00

Join us for Power Talks featuring Teong Teck Lean, managing director and group chief executive officer of GD Express Carrier Bhd (GDEX) as he shares insights into his experiences and business philosophy.


Media Files:
http://www.thestar.com.my/~/media/online/2017/05/27/02/15/teong.ashx?crop=1&w=0&h=0&




Oil rebounds but ends week lower as OPEC cuts disappoint

Sat, 27 May 2017 07:02:04 +08:00

NEW YORK: Oil prices rebounded to rise more than 1 percent on Friday, but Brent crude ended the week nearly 3 percent lower after an OPEC-led decision to extend production curbs did not go as far as many investors had hoped.Brent futures settled up 69 cents to $52.15 a barrel, or 1.3 percent, after hitting a session low of $50.71. U.S. West Texas Intermediate crude futures settled at $49.80 a barrel, gaining 90 cents or 1.8 percent, after hitting an intra-day low at $48.18.


Media Files:
http://www.thestar.com.my/~/media/online/2017/04/17/01/26/oil-pipe.ashx?crop=1&w=0&h=0&




Wall St. drifts before long weekend; consumer stocks up

Sat, 27 May 2017 06:55:06 +08:00

NEW YORK: U.S. stocks ended little changed on Friday ahead of the long holiday weekend, though indexes ended a two-week streak of losses and consumer shares were strong for a second day.The Dow Jones Industrial Average ended down 2.67 points, or 0.01 percent, to 21,080.28, the S&P 500 gained 0.75 points, or 0.03 percent, to 2,415.82 and the Nasdaq Composite added 4.94 points, or 0.08 percent, to 6,210.19. For the week, the Dow rose 1.3 percent, the S&P 500 gained 1.4 percent and the Nasdaq added 2.1 percent.


Media Files:
http://www.thestar.com.my/~/media/online/2016/07/27/22/11/us-stocks.ashx?crop=1&w=0&h=0&




Malaysian palm oil price hits 3-week low on weaker related oils, stronger ringgit

Sat, 27 May 2017 06:45:27 +08:00

KUALA LUMPUR: Malaysian palm oil futures recorded their sharpest daily decline in nearly two weeks on Friday evening, charting a third session of falls in four, weighed down by weakness in related oils and a stronger ringgit, palm's currency of trade Palm is down 1.1 percent for the week, its sharpest weekly drop since April 14. Traded volumes stood at 34,661 lots of 25 tonnes each on Friday evening.


Media Files:
http://www.thestar.com.my/~/media/online/2017/02/21/01/09/palm-oil.ashx?crop=1&w=0&h=0&




Wall St in holiday mode ahead of long weekend (Update 1)

Sat, 27 May 2017 02:39:44 +08:00

NEW YORK: US stocks were little changed in early afternoon trading on Friday, taking a breather after six straight days of gains and ahead of a three-day holiday weekend.



Will the US dollar continue to strengthen?

Sat, 27 May 2017 00:00:00 +08:00

Think Asian by Andrew Sheng
AFTER a bout of US dollar strengthening in anticipation of President Trump’s promises to increase infrastructure spending, cut taxes and get America going, the dollar has in fact reversed and weakened against the euro and the yen.US dollar impact: A strong US dollar signals slower rest of the world growth but a weaker dollar tends to be good for the rest of the world. – Bloomberg


Media Files:
http://www.thestar.com.my/~/media/online/2017/05/26/18/52/bizd_2705_psj_p10a_psj_1.ashx?crop=1&w=0&h=0&