LONDON: European stock markets traded in a narrow range Friday as investors caught their breath after big losses the day before on U.S. jobs data. Wall Street's closure for the Independence Day...

VANCOUVER Mining company Teck Resources Ltd. said Friday it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt load....

VINA DEL MAR, Chile: The head of the World Bank says the world economic crisis is spawning restrictive trade measures that threaten to slow a recovery. Robert Zoellick says those measures are "at a...

LONDON: British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in...

ABUJA, Nigeria: Nigeria, Algeria and Niger have signed an agreement to create a $10 billion pipeline that would ship gas across the Saharan desert to Europe, Nigeria's state oil company said Friday....

BERLIN: Volkswagen AG hopes to introduce its first electric cars on the market in 2013, the German automaker's chief executive said Friday. In a speech to an industry group, Martin Winterkorn...

CARACAS: President Hugo Chavez's government assumed control of Venezuela's third-largest bank on Friday - making the state the largest player in the nation's banking system. The purchase of the...

TORONTO: Canada's finance minister said Friday that the country's economic recovery will likely be modest and job losses will mount into 2010 even after growth has begun. Jim Flaherty gave his most...

FOR the past several months, Malaysians have been toying with the idea of having a bit of England, predominantly London, to call their own. Be it aspirational or otherwise, they have cited several...

THE Bio-Desaru bio-agricultural project in Tanjung Balau, Kota Tinggi is set to move forward with RM236 million in investments from seven...

During pre-independence days, the teacher could effectively mould the student. Their outreach activities were more and their function as the pillars of society was very much seen. That is lacking...

"Even if it's using a ruler to hit the student's palm, this could lead to injury."So even though the intentions may be good, this could bring about undesirable results," said Alimuddin.He also said...

KUALA LUMPUR: There are no plans by the Education Ministry to emulate the Terengganu government's move of providing e-book computers for...

Yes, said Deputy Education Minister Datuk Dr Wee Ka Siong This, he said, was provided for by the Education (School Discipline) Regulations 1959. However, he said, the caning must be carried out in a...

GEORGE TOWN: Companies in the northern region are now making strategic moves to enter into the solar power business, as the Malaysian Industrial Development Authority (MIDA) has identified solar...

PULAI: Evergreen Fibreboard Bhd (EFB) says demand for its medium density fibreboard (MDF) has improved after it declined in the six months to March 31. Chief operating officer Kuo Jen Chiu said...

MALAYSIA has won the bid to host kick-boxing reality TV show The Contender Asia, knocking out nine other countries. Tourism Minister Datuk Seri Dr Ng Yen Yen was quoted as saying that this popular...

What do you enjoy the most and the least about working in the construction industry? Malek Ahmad, Malacca What I enjoy most is the legacy of well-executed projects that will remain lasting images of...

STARBIZWEEK hosted a roundtable at Invest Malaysia 2009 with captains of industries to gauge their views on the measures unveiled by Prime Minister Datuk Seri Najib Tun Razak at the event as well as...

KUALA LUMPUR: Three state governments agree there is a need to move up the value chain with respect to their manufactured goods, to further develop their workforce and arrest the brain drain, while...

AS developing countries around the world try to outdo each other to attract foreign investments in the aftermath of the global financial crisis in the coming months, competition is expected to heat...

GREAT men know that difficult times spurred them to greater heights. The presence of a tough competitor pushed one sprinter to break record. A personal crisis doubled the resolve of an underdog boxer...

PALM oil is palm oil, right? As it is a commodity, should it matter who produces it or where it comes from? Is there such a thing as branding for a commodity? If you ask the Malaysian Palm Oil...

No doubt, Prime Minister Datuk Seri Najib Tun Razak appears to be pushing the right buttons in dismantling long-held rules that have served as impediments to the capital market, and hence,...

KUALA LUMPUR: Innovations and applications of new products and services are now being run in the consumer space first before being applied at the enterprise level, says Frost and Sullivan senior...

PETALING JAYA: Malaysia’s exports in May dropped 29.7% year-on-year to RM42.9bil, which is worse than expected, no thanks to the global economic crisis. Imports in May fell 27.8% to RM32.9bil,...

SINCE March 9, there has been an impressive rally in the equities market with Asian bourses predominantly outperforming global equities. Equities have rallied as much as 43% – as measured by...

KUALA LUMPUR: Optimax Eye Specialist Centre Sdn Bhd managing director Datuk Tan Boon Hock plans in his personal capacity to set up, via joint venture, two hospitals in Rawang and Seremban involving a...

KUALA LUMPUR: Bank Islam Bhd is targeting to approve RM1bil worth of home financing and refinancing in its financial year ending June 30, 2010. “For the first six months of this year, we have...

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) expects government bond issuance to remain at a busy pace in the second half of this year. “Following the announcement of the second stimulus...

KUALA LUMPUR: The Malaysian American Electronics Industry (MAEI) expects a turnaround in the global electrical and electronics (E&E) industry by 2010 with demand picking up in personal computers,...

LEE Weng Seong remembers the day his father brought home a radio. It was nothing like today’s sleek digital gadgets that you can slip into your pocket. Lee’s father probably needed help...

A short version aired last Wednesday touched on the ringgit and the economy.During the half-hour interview, Najib, who is also finance minister, said the party was working towards gaining the...

GEORGE TOWN: More than 600 high-end condominiums will be launched on Penang island before the year-end. Although local property prices have not been significantly affected, the volume of transactions...

PETALING JAYA: Britain-based Thistle Hotels has appointed Philip Skitch (pic) general manager of Thistle Johor Baru. Skitch, who has 27 years’ experience in the hospitality industry, started...

WHEN times are bad, property investors, more so those with a lot of cash, will look at opportunities beyond the country instead of just locking their money in the local market. With that, there...

PETALING JAYA: From a jump in job losses in the United States to a pick-up in China’s manufacturing activities, there are divergent opinions as to what these data are telling us. Whether they...

When the Badminton World Federation (BWF) announced on Wednesday the list of qualifiers for the World Championship in Hyderabad, India, on Aug 10-16, Malaysia have five singles players and 12 doubles...

KUALA LUMPUR: The China story is alive and well and the country remains a market ripe for investment but it is not without risks, said Principal International Inc chief executive (Asia) Rex Auyeung....

KUALA LUMPUR: Building partnerships with telecommunications players is crucial for the survival of industry players amid an economic slowdown, said a senior official from Ericsson (M) Sdn Bhd....

AS the global stock markets, and by inference, the global economy appears to be on a firmer footing than, say, six months ago, there might be some financial planning rules of thumb to revisit before...

KUALA LUMPUR: Intel Capital, a subsidiary of chipmaking giant Intel, is actively seeking to invest in the WiMAX sector in the Asia-Pacific region, said managing director (India, Japan, Australasia...

GEORGE TOWN: The Malaysian American Electronics Industry (MAEI) expects the workforce employed by its 17 members to drop to 53,376 this year from 56,213 in 2008. “This reduction is due to the...

FLYING to Boston for a conference on the global crisis, I went into the famous Harvard Coop bookstore in Cambridge. It was like my favourite candy store, I dashed here and there, picking up books I...

THE POWER OF LESS Author: Leo Babauta Publisher: Hyperion Is your current job demanding more than 12 hours a day? Are you still thinking about your unfinished working paper just before you go to...

KUALA LUMPUR: Regional stock markets are likely to have bottomed out and are expected to further benefit from foreign investment. According to Philip Chan Consulting Pte Ltd director Philip Chan,...

The book: Upsides in a Downturn: Proven Strategies to Succeed in Any Recession or Tough Times The author: Victor Loh The interviewer: SOO EWE JIN The first thing that strikes me about this book,...

REVIEW: Despite the Composite Index (CI) gaining 2.75 points, or 0.26% to 1,078.52 at the start of the week, share prices on Bursa Malaysia quickly turned mixed to lower afterwards, as most investors...

BUKIT MERTAJAM: Embattled Gerakan vice-president Huan Cheng Guan has made an about-turn and decided to appeal against his three-year suspension...

"You started this with your mulut celupar (foul mouth )," he had said. But Karpal repeatedly sniped at the Umno Youth chief, accusing him of being corrupt, leaving Speaker Tan Sri Pandikar Amin Mulia...