Saturday, April 8th, 2017

 

China stock regulator challenges corporate hype to cool economic zone fever

SHANGHAI, April 8 ― China’s stock regulator has moved to cool speculative fever around plans to build a massive economic zone near Beijing, warning several listed companies against misleading investors with bombastic hypes around the red-hot…


Future-proofing Astro

Future-proofing Astro

KUALA LUMPUR: Astro Malaysia Holdings Bhd has been in the pay TV business for over two decades, where it has dominated the market thanks to its exclusive satellite broadcast licence and high barriers to entry.

But those high barriers are being dismatled and Astro is surrounded by competitors that are not just other satellite TV provides, but also over-the-top (OTT) players, legal and otherwise.

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Montana mines to test Trump team’s appetite for China deals

WASHINGTON, April 8 — Even as President Donald Trump and President Xi Jinping of China met for the first time to try to sort out their complex relationship, Trump’s administration is reviewing attempts by China to buy sensitive US companies…


Uber smartphone apps provisionally banned in Italy

ROME, April 8 — An Italian court yesterday banned the use of smartphone apps for the ride-hailing group Uber, saying they contribute to traditional taxis facing unfair competition, local media reported. In a ruling that is subject to appeal, a…


Weak US dollar sentiment to help spur ringgit next week

KUALA LUMPUR, April 8 — The weak sentiment for the US dollar following the recent missile attacks on Syria will help spur positive demand for the ringgit next week, dealers said. Last Friday, the United States launched its cruise missile…


Bursa Malaysia to move sideways next week

KUALA LUMPUR, April 8 — Bursa Malaysia is likely to trade sideways between 1,730 and 1,750 next week on lack of catalysts, said an analyst. Inter-Pacific Securities Head of Research Pong Teng Siew said the lacklustre trading would likely…


As KFC shuns some antibiotics, US chicken industry deploys wet wipes, oregano

CHICAGO, April 8 — To meet increasing demand for meat raised without certain antibiotics, top US chicken company Tyson Foods Inc and rival producers are turning to sanitiaing wipes, bacteria-reducing fog and even oregano to keep birds healthy….


Mexico sees swift Nafta rewrite as Trump eases rhetoric

MEXICO CITY, April 8 — Mexico’s top trade negotiator said he was heartened by a retreat from more protectionist rhetoric in the US and that talks to redo the North American Free Trade Agreement may conclude as soon as January. Economy…


Mexico sees swift Nafta rewrite as Trump eases rhetoric (VIDEO)

MEXICO CITY, April 8 — Mexico’s top trade negotiator said he was heartened by a retreat from more protectionist rhetoric in the US and that talks to redo the North American Free Trade Agreement may conclude as soon as January. Economy…


JKR in search of better strategies for roads

KUCHING: The search for better strategies to Sarawak’s road asset management and maintenance approaches is underway as the long-standing 15-year road maintenance performance-based contract (PBC) between the Public Works Department (JKR) and CMS Roads Sdn Bhd (CMS Roads) draws to an end early next year. To recap, when JKR’s road maintenance was privatised on January […]