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Top foreign and local stories at 3.15pm

31 August 2015

Top foreign and local stories at 3pm

Furniture maker Bristol targets 4% revenue growth

31 August 2015

KUALA LUMPUR: Office furniture maker Bristol Technologies Sdn Bhd aims a revenue growth of 4% foloowing the introduction of a lifestyle category.

Indonesia favouring China over Japan in railway bid

31 August 2015

JAKARTA: Indonesia is leaning towards China over Japan in an aggressive bidding battle to build the South-East Asian nation's first high-speed railway, two government sources involved in making the decision said.

Most emerging Asian currencies down

31 August 2015

SINGAPORE: Most emerging Asian currencies slid on Monday and were set to post steep monthly losses as top U.S. Federal Reserve officials left the door open for an interest rate hike in September and Chinese stocks tumbled again.

Petronas eyes gas exploration ventures

31 August 2015

KUALA LUMPUR: Petronas may positively consider to participate in joint gas exploration at the border areas of Venezuela and Trinidad and Tobago, Foreign Minister Datuk Seri Anifah Aman said.

AmResearch retains Buy for Titijaya Land

31 August 2015

KUALA LUMPUR: AmResearch is maintaining its Buy call for Titijaya Lanf with a fair value of RM2.72 a share.

Asian stocks set for worst monthly drop in 3 years on global rout

31 August 2015

HONG KONG: Asian shares fell on Monday and looked set for their worst monthly performance in three years after top Federal Reserve officials kept the door open for an interest rate hike in September and Chinese stock markets took a fresh tumble.

Japan July industrial output falls

31 August 2015

TOKYO: Japan's industrial output unexpectedly fell in July in a worrying sign that high inventories and weak overseas demand could further hamper an economy struggling to recover from a slump in the second quarter.

Singapore July bank lending rises on housing loans

31 August 2015

SINGAPORE: Singapore's total bank lending in July rose on stronger demand for property loans and from the general commerce sector, central bank data showed on Monday.

China listed companies post 8.7% growth in H1 profit

31 August 2015

SHANGHAI: Combined first-half profit of China's listed companies grew 8.66 percent from a year earlier, the official Shanghai Securities News reported on Monday.

Personalise your retirement plans

31 August 2015

Imagine… The magic date has come. It is now time to retire and enjoy your “Golden Years”.

Breakfast briefing: Monday, August 31

31 August 2015

Breakfast briefing: Monday, August 31

Brazil’s Rousseff drops plan to restore unpopular tax

31 August 2015

BRASILIA: President Dilma Rousseff has dropped the idea of reinstating a tax on financial transactions to bridge a gaping fiscal deficit after it ran into a barrage of criticism even from within her coalition, Brazilian media reported.

Economic patriot: Nguyen Huu Duong walks inside a store in his building in Hanoi. Rapid growth in Vietnam is masking a chronically ill small-business sector that the rags-to-riches entrepreneur says is suffocated by a multi-billion dollar influx of cheap, mass-produced goods from China, under-cutting domestically produced items. — Reuters

Fighting a different Vietnam war

31 August 2015

HANOI: Soldier-turned-tycoon Nguyen Huu Duong is a fierce patriot still fighting to protect his country, four decades after battling American forces in the Vietnam War.

Half of British producers fear China slowdown will hurt them

31 August 2015

LONDON: Just under half of British manufacturers are worried by the possibility of a sharp slowdown in China's economy and one in ten are reviewing their business plans, a survey from an industry group showed.

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