 Galaxy becomes competitor to iPadSamsung has unveiled its likely competitor to the Apple... | |
| PacificMas seeks govt nod for Pacific Insurance sale to Fairfax ] has sought the authorities’ approval to enter into a definitive shares sale agreement with Fairfax Asia Ltd to dispose of its stake in The Pacific Insurance Bhd. PacificMas said on Friday, Sept... |
| UK Aug services PMI falls to 16-month low LONDON: British service sector activity grew last month at its slowest pace since April 2009, with a marked fall in hiring as employers worried about an economic slowdown and public spending cuts, a... |
| K-Star top loser, thin trade KUALA LUMPUR: K-Star Sports Ltd top loser in late afternoon trade on Friday, Sept 3 on some light profit taking after recent run-up in tandem with other Chinese stocks. At 3.36pm, it is down 27 sen... |
| Ringgit at 13-year high; c.banks cap baht, won gains SINGAPORE: The Malaysian ringgit hit a new 13-year peak on Friday, Sept 3 buoyed by the country's stronger-than-expected exports, while central banks in South Korean and Thailand intervened to cap... |
| Report: Police action at Shangri-La hotel in downtown Vancouver VANCOUVER - Three people have been arrested at the Shangri-La hotel in Downtown Vancouver late Thursday evening, media reports said.Early reports from witnesses say police tactical units were seen at... |
| Asia Stocks Advance for a Third Day on U.S. Home, Retail Sales Sept. 3 (Bloomberg) -- Asian stocks rose, led by technology companies, after U.S. reports showed an unexpected increase in pending home sales and improved retail... |
| Japan Said to View U.S. as Yen Intervention Obstacle Sept. 3 (Bloomberg) -- Japan views probable U.S. opposition to currency intervention as an obstacle to selling the yen, according to three Japanese government... |
| Most China Stocks Advance; Automakers Gain, Developers Retreat Sept. 3 (Bloomberg) -- Most China stocks rose as automakers gained on prospects sales will pick up, countering declines by developers on concern that the government will impose more measures to curb... |
| Aquino Takes Responsibility for Philippine Bus Siege Sept. 3 (Bloomberg) -- Philippine President Benigno Aquino said today he takes full responsibility for the outcome of the bus siege that killed eight members of a Hong Kong tour... |
| Nikkei climbs 0.6%; caution before jobs data Japan's Nikkei average rose 0.6 per cent on Friday for a third day of gains as more encouraging data reassured investors about the health of the global economic recovery and sparked short-covering. ... |
| Qantas facing payback of commissions On Friday 3 September 2010, 16:29 EST Qantas Airways Ltd may be forced to pay back millions of dollars in commissions to travel agents after it failed in a bid to overturn a Federal Court... |
| Improved Public-Private Sector Synergies Important, Says Salang Improved Public-Private Sector Synergies Important, Says Salang You are not an authorised user. Please contact us 03-20504478 immediately so we may assist... |
| Maybank Operations In Indonesia Not Affected By Demonstrations, Says Abdul Wahid Maybank Operations In Indonesia Not Affected By Demonstrations, Says Abdul Wahid You are not an authorised user. Please contact us 03-20504478 immediately so we may assist... |
| Najib Receives NEM Report Part 2 You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->PUTRAJAYA, Sept 3 (Bernama) -- Prime Minister Datuk Seri Najib Tun Razak on Friday received Part 2 of... |
| Adequate Rice Stock For Aidilfitri In Sabah, Says Bernas Adequate Rice Stock For Aidilfitri In Sabah, Says Bernas You are not an authorised user. Please contact us 03-20504478 immediately so we may assist... |
| Indian Business Society Bulllish Over CECA You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->By P.Vijian NEW DELHI, Sept 3 (Bernama) -- As trade officials of India and Malaysia strive to... |
| U Mobile, Celcom Axiata Extend Agreement For Another Three Years U Mobile, Celcom Axiata Extend Agreement For Another Three Years You are not an authorised user. Please contact us 03-20504478 immediately so we may assist... |
| Food inflation up at 10.86% in third week of Aug vegetables prices . Food inflation had softened to 10.05 per cent for the week ended August 14 against 10.35 per cent in the previous week. On an yearly basis, potato became cheaper by over 51 per... |
| HDBSVR: RM36b mass rapid transit to transform local construction landscape ] sector, once it is approved and takes off. The research house said the probability of it being approved is high as the recent subsidy cuts suggest political will. A key turning point could be the... |
| Samsung raises 2010 smartphone sales target-report SEOUL: Samsung Electronics Co Ltd, the world's No.2 handset maker, expects to sell up to 25 million smartphones this year, exceeding its earlier target, and aims to double shipments next year, media... |
| FBM KLCI remains in the red, Genting, Sime weigh KUALA LUMPUR: The FBM KLCI fell on Friday, Sept 3 as gains at most Asian markets were capped ahead of the US non-farm payroll data while investors closing out positions due to the three-day weekend... |
| Agents trounce Qantas in High Court ruling Qantas’ application to challenge a Federal Court ruling was dismissed today, the airline now left with little recourse but to pay travel agents millions in unpaid commissions. The ruling marks... |
| Takeover Fight Erupts for Australian Gold Miner Andean El Dorado's announcement early Friday that it had offered C$3.4 billion ($3.23 billion) in shares for Andean was followed shortly by Goldcorp's announcement of its C$3.6 billion bid, also in stock.... |
| Goldcorp Trumps Eldorado’s Bid for Andean Resources Sept. 3 (Bloomberg) -- Goldcorp Inc., the second-biggest Canadian gold producer by market value, agreed to buy Andean Resources Ltd. for about C$3.6 billion ($3.4 billion) in cash and stock, trumping... |
| Sukuk Beaten by Emerging Debt for Fourth Month: Islamic Finance Sept. 3 (Bloomberg) -- Islamic bonds lost to emerging- market debt for the fourth month in August and fund managers say returns won’t catch up until trading increases and Persian Gulf companies... |
| Alberta Fund Got Chinese Approach on Potash Corp. Bid Sept. 3 (Bloomberg) -- Chinese investors approached Alberta Investment Management Corp. to consider a joint counterbid for Potash Corp. of Saskatchewan Inc., the Canadian pension fund’s chief... |
| Qantas affirms its two-airline strategy On Friday 3 September 2010, 14:27 EST Qantas Airways says global operating conditions have rebounded from historic lows, but the aviation industry remains competitive, challenging and potentially... |
| MARC Continues To Monitor Kesturi's Progress On Sukuk Refinancing You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- Malaysian Rating Corp Bhd (MARC) will continue to monitor the... |
| BNM Expects Bullish Domestic Economic Prospects, Says OSK You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- Bank Negara Malaysia (BNM) expects the domestic economic prospects,... |
| Status Quo On OPR Will Boost Exports, Says Mustapa You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- The status quo on the overnight policy rate (OPR) is expected to... |
| Bank Rakyat On Product Promotion Blitz To Woo Clients You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->By Nasir Hassan KOTA BAHARU, Sept 3 (Bernama) -- Bank Rakyat has intensified its promotions drive... |
| MRCB leads property stocks up, active KUALA LUMPUR: MRCB led property stocks higher in late morning trade on Friday, Sept 3, especially companies with development projects in Iskandar Malaysia. At 11.10am, MRCB rose eight sen to RM1.84... |
| China Offers Rare Glimpse Into Forex Reserves China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face... |
| TPG’s Newbridge Makes $1.2 Billion on Ping An Sale Sept. 3 (Bloomberg) -- TPG Capital’s Asian unit raised about HK$9.1 billion ($1.2 billion) selling the remainder of its stake in Ping An Insurance (Group) Co., exiting a six-year investment in... |
| China’s Stocks Drop, Trimming a Weekly Gain; Banks Decline Sept. 3 (Bloomberg) -- China’s stocks fell, paring a weekly advance, on concern banks’ bad loans may increase amid speculation the government will introduce additional measures to curb... |
| North Korean Congress May Discuss Kim’s Successor Sept. 3 (Bloomberg) -- North Korea is preparing its biggest political gathering in 30 years, drawing parallels with the 1980 summit that ensured Kim Jong Il’s succession amid speculation he... |
| New Zealand Farmers Seek Reciprocal Rights for China Land Buys Sept. 3 (Bloomberg) -- New Zealanders should have the right to buy land in China if investors in the Asian country want to purchase agricultural properties in the world’s largest dairy... |
| Matrade To Lead Mission To Internationalise Local Fashion Brands At Paris Show You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia External Trade Development Corporation (Matrade) will be... |
| High-Income Economy Still Needs Lower-rung Workers, Says Association You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia will still need lower-rung workers despite the... |
| Scrap Import Duty For Used Tyres, Says TRMAM You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- The Tyre Retreading Manufacturers Association of Malaysia (TRMAM)... |
| FBM KLCI slips on profit taking KUALA LUMPUR: The FBM KLCI snapped its winning streak and fell into negative territory on Friday, Sept 3 as the market took a breather, despite earlier expectation that the benchmark index would rise... |
| Oriental Holdings' shares up in early trade reported that the company's net cash position hit a record RM1.93 billion as at June 30, 2010, an increase of more than 100% from RM944.68 million as at Dec 31, 2006.At 9.15am, Orient was up 11 sen... |
| PPB up on mill expansion plan ]'s shares advanced on Friday, Sept 3 after the company said it was expanding its flour and feed milling division.At 9.20am, PPB was up six sen to RM17.46 with 2,100 shares traded.PPB said it would... |
| FBM KLCI opens lower KUALA LUMPUR: The FBM KLCI slipped into the red in early traded on Friday, Sept 3, weighed down by losses at key blue chips including UMW, RHB Capital, Genting and Genting Malaysia.At 9.05am, the... |
| CIMB Research Overweight on flexible packaging stocks KUALA LUMPUR: CIMB Research said investors looking for a cheaper alternative to the small-cap food and beverage (F&B) sector can opt for flexible packaging stocks such as Daibochi and Tomypak... |
