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Disney under gun to respond after Comcast’s USD65 billion Fox bid

Disney under gun to respond after Comcast’s USD65 billion Fox bid

At stake is a trove of media properties, ranging from “The Simpsons” to “X-Men,” that are key to Disney fending off the threat from Netflix Inc. and other streaming upstarts. Bob Iger, chairman and chief executive officer of The Walt Disney Co., speaks during the Disney Legends Awards at the D23 Expo 2017 in Anaheim, […]

June 14, 2018 | By | Reply More
Guess who also met with Pope and Big Oil? Renewables executives

Guess who also met with Pope and Big Oil? Renewables executives

In the quest to track down every oil giant and investor that attended a recent climate change meeting with Pope Francis, two non-oil-related attendees have been overlooked: some renewable energy companies. Pope Francis smiles at supporters outside the Vatican Apostolic Nunciature in Santiago, Chile, on Monday, Jan 15, 2018. (Bloomberg pic) SAN FRANCISCO: In the […]

June 14, 2018 | By | Reply More
Vietnam must tread carefully to win investment grade, Fitch says

Vietnam must tread carefully to win investment grade, Fitch says

Vietnam mustn’t sacrifice stability for high-speed growth if it’s to become an investment-grade economy, warned Fitch Ratings. Motorists and pedestrians pass a construction site of a metro line in Ho Chi Minh City, Vietnam, on Thursday, Jan 11, 2018. (Bloomberg pic) HANOI: Vietnam mustn’t sacrifice stability for high-speed growth if it’s to become an investment-grade […]

June 14, 2018 | By | Reply More
Trump says he may upset China on trade as US tariffs loom

Trump says he may upset China on trade as US tariffs loom

Trump has convened a meeting at the White House on Thursday to talk with his trade team about whether to move forward with tariffs on Chinese goods, according to two people familiar with the plans. US President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the […]

June 14, 2018 | By | Reply More
Musk’s fired workers praise him, Tesla’s mission on the way out

Musk’s fired workers praise him, Tesla’s mission on the way out

While it may not be unusual for people to leave a job with mixed emotions about a former employer, the praise emanating from Tesla’s stands out. Elon Musk, chairman and chief executive officer of Tesla Motors Inc. (Bloomberg pic) SAN FRANCISCO: Tesla Inc. just started bidding farewell to more than 3,000 employees, the biggest layoffs in the […]

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Fed raises rates amid stronger inflation, drops crisis-era guidance

Fed raises rates amid stronger inflation, drops crisis-era guidance

WASHINGTON: The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the US central bank’s shift from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnight lending rate a quarter of a percentage point to a range of between […]

June 14, 2018 | By | Reply More
Europe’s unresolved migration crisis triggers political turmoil

Europe’s unresolved migration crisis triggers political turmoil

Lingering political tensions over the question of how to control immigration have broken out into the open, and the fallout is reshaping alliances and stoking old rivalries from Rome to Berlin, Paris and Vienna. A woman sits in a tent and uses a mobile phone at a makeshift camp for refugees near the Greek-Macedonian border […]

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MURAL WITH CREATIVE ARTWORK AT LANGKAWI INTERNATIONAL AIRPORT

MURAL WITH CREATIVE ARTWORK AT LANGKAWI INTERNATIONAL AIRPORT

Malaysia Airports in collaboration with Kuala Lumpur Metropolitan University College creates temporary mural depicting the beauty and uniqueness of Langkawi. Carried out in conjunction with the upgrading works at Langkawi International Airport, the project is part of Malaysia Airports’ ongoing initiative towards providing a pleasant total airport experience and instilling a sense of place among […]

June 14, 2018 | By | Reply More
Gas Malaysia unchanged following tariff revision

Gas Malaysia unchanged following tariff revision

PETALING JAYA: Gas Malaysia Bhd’s share price remained unchanged this morning after it announced a higher average effective natural gas tariff for the non-power sector in Peninsular Malaysia at RM32.69/MMBtu from July 1 to Dec 31, 2018, 17 sen or 0.5% higher than the RM32.52/MMBtu from Jan 1 to June 30, 2018. At 10.26am, Gas […]

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Ringgit slips against US dollar in early trade

Ringgit slips against US dollar in early trade

KUALA LUMPUR: The ringgit slipped further against the US dollar today, nearing the 4.00 level after the US Federal Open Market Committee hinted at two rate hikes this year, but the market is still cautious on uncertainty over the European Central Bank’s (ECB) quantitative easing plans. Oanda Head of Trading in Asia-Pacific, Stephen Innes said […]

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