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Singapore scraps two biggest races

Singapore scraps two biggest races

September 29, 2015 SINGAPORE: Singapore surprisingly scrapped its two biggest horse races worth S$4 million ($2.80 million) on Monday, claiming they have achieved their purpose and were no longer needed. The S$3 million Singapore Airlines International Cup (SIA), a 2,000 meter Group One race, and the 1,200m S$1 million KrisFlyer International Sprint (KFIS) were introduced […]

September 29, 2015 | By | Reply More
Glencore's HK shares set to fall 27 percent after plunge in London

Glencore's HK shares set to fall 27 percent after plunge in London

HONG KONG: Commodity trader Glencore’s Hong Kong-listed shares were indicated to start 27 percent lower on Tuesday, after its London-listed stock plunged on debt worries a day earlier. Its London-listed shares tumbled 30 percent following the publication of a note by analysts at investment bank Investec which raised doubts about Glencore’s valuation if spot metal […]

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KL shares open lower, tracking lower Asian exchanges

KL shares open lower, tracking lower Asian exchanges

KUALA LUMPUR: Bursa Malaysia opened lower today on weaker demand influenced by the three-week low recorded on the Asian shares, dealers said. At 9.25am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.87 points to 1,602.56 after opening 7.54 points easier at 1,600.89. Losers outpaced gainers by 275 to 96 while 141 counters were […]

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Ringgit opens lower in early trade

Ringgit opens lower in early trade

KUALA LUMPUR: The ringgit opened lower against the US dollar in early trade today on renewed concerns over the instability of China’s and regional economies, a dealer said. At 9am, the ringgit eased to 4.4600/4690 against the greenback from 4.4160/4240 at 5pm on Monday. The local note hit a 17-year low yesterday as foreign investors […]

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Tokyo's Nikkei index sheds more than 3% on global rout

Tokyo's Nikkei index sheds more than 3% on global rout

TOKYO: Japan’s benchmark Nikkei index dropped 3.18 per cent in early trade Tuesday (Sep 29), extending a global equities rout on worries over China’s economy and a decline in commodity prices. The Nikkei 225 at the Tokyo Stock Exchange lost 561.24 points to 17,083.87, while the broader Topix of all first-section shares was down 3.38 […]

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Singapore stock market opens in bearish mood

Singapore stock market opens in bearish mood

SINGAPORE: The Singapore market opened Tuesday (Sep 29) to more selling as global uncertainties continue to linger, with the benchmark Straits Times Index (STI) down 37.92 points in early trading. At the market’s close on Monday, the STI ended 40.72 points lower, or 1.4 per cent, at 2,791.92 – the first time in three years […]

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Microsoft reorganizes its financial results reporting

Microsoft reorganizes its financial results reporting

REUTERS: Microsoft Corp said it was changing the way it reported financial results to reflect its emphasis on cloud and mobile businesses. Starting this quarter, the company will report revenue and operating income based on three businesses – Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Productivity and Business Processes will include […]

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2015 Taiwan Digital Content & Games Business Seminar

2015 Taiwan Digital Content & Games Business Seminar

Date : 1 Oct 2015 (Thursday) Time : 9.00am – 2.00pm Venue: Starhill 1, Level 4, JW Marriott Hotel Kuala Lumpur, Malaysia 2015 Taiwan Digital Content & Games Business Seminar 2015 台湾数位内容及游戏商机交流会 Taiwan to unveil the latest & coolest technologies! Business opportunities for Malaysia Digital Content & Gaming sector! 大宇資訊 Softstar Entertainment 鈊象電子 International Games […]

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JT to buy Reynolds' Sante Fe unit, aims for deal this week: Nikkei

JT to buy Reynolds' Sante Fe unit, aims for deal this week: Nikkei

TOKYO: Japan Tobacco Inc is in the final stages of talks to buy Reynolds American Inc’s Sante Fe Natural Tobacco unit for about US$5 billion, aiming to reach an agreement this week, the Nikkei business daily reported on Tuesday. The potential deal, including the likely price, was first reported by Bloomberg last week, though the […]

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Asia shares skid to 3-week lows on China concerns, Wall St drop

Asia shares skid to 3-week lows on China concerns, Wall St drop

TOKYO: Asian shares skidded to three-week lows and the dollar sagged on Tuesday, after weak Chinese data rekindled worries about its fragile economy and led to sharp losses on Wall Street. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.7 percent in early trading, touching its lowest levels since Sept. 8. Japan’s Nikkei […]

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