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Local and US scholars putting out book on M’sian Chinese literature

KUALA LUMPUR: Academicians from Malaysia and the United States are collaborating to publish a book about Malaysian Chinese literature.

Academically inclined: (From left) Dr Khor, Chan, Prof Wang, Dr Seng and Chia taking a photo together after their meeting.

Our robot future: New Detroit trailer out of TGS 2017

The fifth game and first PlayStation 4 exclusive from Paris-based studio Quantic Dream lays out a world where humans and robots are almost indistinguishable.

Quantic Dream's Detroit: Become Human takes questions about the nature and value of life and holds them up to the mirror of artificial intelligence. — AFP Relaxnews

Saudi university to dismiss suspected Brotherhood-linked academics

RIYADH (Reuters) - A large Saudi public university announced it would dismiss employees suspected of ties to the banned Muslim Brotherhood, adding to concerns that the government is clamping down on its critics in academia and beyond.

App Annie’s new product offers insight into consumer trends in China

The pioneer of mobile app analytics, App Annie, said it has begun tracking Android app usage in China, a landmark for understanding consumer behaviour in the world's top smartphone market, which increasingly sets the pace for global trends.

Four of the world's most played mobile games come from China, while Tencent's WeChat ranks No 3 globally among messaging apps behind Facebook's WhatsApp and Facebook Messenger. — Reuters

Toys 'R' Us gets court permission to borrow US$2bil after filing for bankruptcy

NEW YORK: Toys 'R' Us Inc got court permission on Tuesday to borrow more than US$2 billion to start paying suppliers so it can stock up on items like Lego building blocks and Barbie dolls for the holiday season, a day after it filed for bankruptcy.

PINOLE, CA - SEPTEMBER 19: Kids bags are displayed on shelf inside of a Toys R' Us store on September 19, 2017 in Pinole, California. Toys R' Us announced that it has filed for Chapter 11 bankruptcy. The toy store chain operates 1,695 stores, including Babies R Us stores, in 38 countries. - AFP

China's rubber appetite fails to boost prices amid over-supply

LAUNCESTON, Australia: Pop quiz. Of the major commodities where China is the world's biggest buyer, which has seen the largest increase in imports so far this year?
The answer is rubber, both natural and synthetic.

The declines came as a meeting of the top producers, Thailand, Malaysia and Indonesia, decided not to curb output of the commodity mainly used to make vehicle tyres.  The top three producers, which account for about 70 percent of global natural rubber supplies, have struggled for several years to rein in excess output, generally with limited success.

China’s rubber appetite fails to boost prices amid oversupply

Despite strong Chinese demand, rubber prices are likely to struggle, with demand-led gains an extremely slow process, until the major producers can convince the market that they are serious about lowering output.

From grudge to nudge: tech firms help insurers shift gear

Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway.

Traffic flowing along the M56 motorway as the sun sets near Manchester, Britain. The aim is to move insurance from a "grudge" purchase, when the only interaction with customers is after something has gone wrong, to a "nudge" product, encouraging safer behaviour. — Reuters

RAM: Malaysia’s August inflation rate to increase to 3.8%

KUALA LUMPUR: RAM Ratings expects the August 2017 inflation rate to increase to 3.8%, following four consecutive months of declines.

The faster pace of growth in consumer prices is underpinned by higher retail petrol prices, which averaged RM2.12/litre in August (compared with RM1.96 in July) and amid strengthening global crude oil prices, RAM said in a statement yesterday

RAM Ratings sees fuel hike pushing August inflation higher

KUALA LUMPUR: RAM Ratings expects the recent petrol hikes to fuel the inflation rate in August after four consecutive months of declines due to strengthening global crude oil prices.

RAM Ratings expect the inflation rate to increase to 3.8% in August due to higher retail petrol prices, which averaged RM2.12 a litre in August compared to RM1.96 in July.