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The Star Business News April 17, 2015 10:38:00 am



  • Genting, plantations halt KLCI’s advance (Update)
    April 17, 2015 01:46:00 pm
    KUALA LUMPUR: Genting Bhd and plantations held back the FBM KLCI’s advance at midday on Friday despite fund buying seen in Public Bank shares amid a firmer broader market. ...
  • AMD loss bigger than expected as PC sales remain weak
    April 17, 2015 01:14:00 pm
    US chipmaker Advanced Micro Devices Inc reported a bigger-than-expected adjusted loss and a steep fall in sales for the first quarter and said it expected weak demand for personal computers to continue for some time....
  • Netflix original shows likely to keep winning viewers globally: analysts
    April 17, 2015 12:49:00 pm
    Video streaming pioneer Netflix Inc will continue to dominate the online TV market, analysts said, as a growing number of original shows help the company win viewers internationally and increase its base in the United States....


  • Microsoft and Yahoo! amend search deal
    April 17, 2015 12:34:00 pm
    Microsoft Corp and Yahoo! Inc amended a 2009 search partnership, giving Yahoo! more control over how search results are displayed on desktops and mobile devices....
  • China’s DJI drones flying high among US companies
    April 17, 2015 12:20:00 pm
    Chinese drone maker SZ DJI Technology Co Ltd has established a strong early lead in the US commercial market as companies turn to its inexpensive, light-weight flying devices for a host of uses from shooting films to mapping and site inspections....
  • Kenanga upbeat on CBIP
    April 17, 2015 12:20:00 pm
    KUALA LUMPUR: Kenanga Investment Bank Research expects CB Industrial Product Holding Bhd's (CBIP) secured contracts to boost its total outstanding orderbook above RM500mil....
  • Kenanga Research retains Outperform on SLP Resources
    April 17, 2015 12:09:00 pm
    KUALA LUMPUR: Kenanga Investment Bank Research is maintaining its Outperform recommendation on SLP Resources Bhd and raised the target price to RM1.27. ...
  • LTH, Socso among Malakoff’s 12 cornerstone investors
    April 17, 2015 11:44:00 am
    KUALA LUMPUR: Malakoff Corporation Bhd has secured 12 cornerstone investors for its re-listing exercise and they include the Social Security Organisation (Socso) and Lembaga Tabung Haji....
  • Maybank Research lowers UMW Oil and Gas to Hold
    April 17, 2015 11:09:00 am
    KUALA LUMPUR: Maybank Investment Bank Research has lowered UMW Oil and Gas (UMW-OG) to a Hold and reduced the sum-of-parts target price by 2% to RM2.55. ...




  • Tenaga, IHH power KLCI beyond 1,850
    April 17, 2015 10:38:00 am
    KUALA LUMPUR: Fund buying of Tenaga Nasional and IHH Healthcare helped the FBM KLCI outperform the key regional markets early Friday, as foreign institutions remained net buyers of Malaysian equities....
  • Asian shares at fresh seven-year high
    April 17, 2015 10:13:00 am
    TOKYO: Asian shares edged up in early trade on Friday, on track to score weekly gains and shrugging off a languid performance on Wall Street after another set of lackluster U.S. economic data. MSCI's broadest index of Asia-Pacific shares outside ...
  • Trading ideas: Eco World, Sasbadi, VSI, mTouche
    April 17, 2015 10:09:00 am
    KUALA LUMPUR: JF Apex Research expects Eco World Development, book publisher Sasbadi, VS Industry and mTouche to be among the stocks to watch on Friday....
  • Foreign funds step up buying on Bursa Malaysia
    April 17, 2015 09:58:00 am
    KUALA LUMPUR: Foreign funds remained net buyers of Malaysian equities, increasing their net buying to RM172.40mil on Thursday, says BIMB Securities Research....
  • Malaysian palm oil/Vegoils: Market factors to watch Friday April 17
    April 17, 2015 09:21:00 am
    KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday April 17....
  • Diary Malaysia Friday April 17
    April 17, 2015 09:18:00 am
    KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS...
  • Malakoff to raise RM1.8bil from new shares under IPO (Update)
    April 17, 2015 09:16:00 am
    KUALA LUMPUR: Malakoff Corporation Bhd plans to raise about RM1.80bil from the issuance of one billion new shares at a tentative retail price of RM1.80 a share under its relisting exercise....
  • Dutch shift focus in MH17 crash to investigating culprits
    April 17, 2015 08:14:00 am
    THE HAGUE: The Dutch government said on Thursday that, with nearly all of the victims of Malaysia Airlines flight MH17 identified, efforts had shifted to finding those responsible for shooting the plane down as it crossed Ukraine last July....
  • Unilever sees tailwinds boosting sales hopes
    April 17, 2015 08:08:00 am
    LONDON: Unilever reported better than expected first quarter sales and struck a positive tone on the rest of the year, citing brighter signs in major markets such as the United States, China and India....
  • Ex-Fed chair Bernanke joins hedge fund Citadel as advisor
    April 17, 2015 08:04:00 am
    BOSTON: Ben Bernanke, the former Federal Reserve chairman and one of the world's most closely watched economic thinkers, is joining one of the most successful hedge funds as an advisor, Citadel LLC said in a statement on Thursday....
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