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The Edge Markets April 18, 2015 10:53:16 am



  • Malaysia's GST puts Anti-Profiteering Act to test
    April 18, 2015 10:53:16 am
    KUALA LUMPUR (Apr 18): Malaysians are questioning the effectiveness of the Price Control and Anti-Profiteering Act as they contend with higher prices since the implementation of the goods and services tax (GST), The Edge Malaysia business a... ...
  • KLCI to cautiously drift marginally higher
    April 18, 2015 10:35:23 am
    KUALA LUMPUR (April 18): The FBM KLCI is expected to drift marginally higher next week ahead of Invest Malaysia 2015 on April 23-24, with gains seen limited on the back of the weaker close at most global markets. Global equity markets fell ... ...
  • Kelantan PAS trying to scuttle hudud case in High Court, says lawyer
    April 18, 2015 09:19:17 am
    KUALA LUMPUR (Apr 18): The PAS-led Kelantan government has applied to strike out Gerakan's application to refer the constitutionality of the state Shariah Criminal Code, which was unanimously passed by the state legislative assembly last month, to......
  • Teenagers planned Australian terror attack for ANZAC centenary - police
    April 18, 2015 09:06:00 am
    MELBOURNE (Apr 18): Teenagers inspired by the hardline Islamic State militant group planned a major terrorism attack in Melbourne to mark the centenary next week of the ANZAC landings at Gallipoli during World War I, Australian police said on Satu......
  • IMF warns clear fiscal reform plan key to success of BOJ's stimulus
    April 18, 2015 09:03:28 am
    WASHINGTON (Apr 18): Japan must come up with and implement a clear, specific plan to cut its huge debt pile in order to make its monetary stimulus effective, the IMF's mission chief for the country said, warning Tokyo against loosening its ... ...
  • U.S. oil drilling faces slow recovery, no new highs - Schlumberger
    April 18, 2015 08:34:25 am
    NEW YORK (Apr 18): An eventual recovery in U.S. oil drilling activity after the biggest slump in three decades may never reach last year's frenzied pace, according to the world's largest oilfield services company. The drilling recovery will... ...
  • G20 more upbeat on growth, but officials fret over Greece
    April 18, 2015 08:20:32 am
    WASHINGTON (Apr 18): The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday, even as officials fretted that Athens' inability to strike a deal with its lenders could upset Europe's tentative recovery....
  • Company charged with ferrying passengers without licence at Malaysian airport
    April 18, 2015 06:48:15 am
    KUALA LUMPUR (Apr 18): A travel and tours company, believed to be linked to Uber, is facing two charges of operating vehicles and ferrying passengers without licence, at the Kuala Lumpur International Airport 2 terminal. Trupio Tour ... ...
  • G-20 says Malaysia vulnerable to capital flight, volatile currencies pose risk after dollar surges
    April 18, 2015 06:33:48 am
    WASHINGTON (Apr 18): Global finance chiefs identified volatile currencies as a threat to an improving world economy, signaling for the first time that they may be concerned by a surging U.S. dollar. “There are important challenges in... ...
  • Oil falls from 2015 peaks, Brent jumps 9.6 pct on the week
    April 18, 2015 06:12:06 am
    NEW YORK (Apr 18): Crude futures fell from 2015 peaks in choppy trading on Friday, but Brent's 9.6 percent weekly gain was its biggest in more than five years as Middle East turmoil and signs of lower U.S. production lifted prices. U... ...
  • Wall St falls steeply with China, Greece fears paramount
    April 18, 2015 05:57:44 am
    NEW YORK (Apr 18): The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings....
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