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Business

China plans 7% growth in 2015, its lowest in 11 years

BEIJING: China plans to cut its growth target to around 7% in 2015, its lowest goal in 11 years, sources said, as policymakers try to manage slowing growth, job creation and pursuing reforms intended to make the economy more driven by market forces.

Business

Construction sentiment likely to improve

BASED on the unchanged RM49bil development expenditure and the Government’s focus on public transportation infrastructure, CIMB Research said it believes the negative scenario of deferment of projects in light of falling oil prices should not be overplayed.

Letters

Need to hire M’sian talent

From DR SHANKAR CHELLIAH, School of Management of Universiti Sains Malaysia

TECH

Apple profit hits record on ‘staggering’ iPhone sales

Apple’s quarterly profit rocketed to a corporate record US$18bil (RM65bil) at the end of last year on booming sales of big-screen iPhone models, especially in China.

TECH

Strong console sales boosts demand for Electronic Arts games

Electronic Arts Inc, publisher of the FIFA and Madden NFL videogames, posted better-than-expected quarterly profit and revenue, helped by growth in digital revenue and strong sales of its sports titles.

Business

CIMB Research sees recovery in construction sector, Gamuda top pick

KUALA LUMPUR: CIMB Equities Research expects investor sentiment in Malaysia’s construction sector to likely gradually recover.

Nation

Turning point for Asean Community

KOTA KINABALU: The establishment of the Asean Community by the year’s end will be a turning point for the regional grouping, Foreign Minister Datuk Seri Anifah Aman said here.

Scoreboard

Adidas proud to support trampoline dodgeball

ADIDAS marked the launch of its new Skincare for Men range by announcing its sponsorship of Malaysia’s first National Trampoline Dodgeball tournament at Jump Street Malaysia in Section 13, Petaling Jaya.

Community

Balloon rides to hot up festive air

THIS Chinese New Year will see another attraction coming to town — 15 hot air balloons floating above the Polo Ground in Penang on Feb 21 and 22, the third and fourth day of the festival.

Business

Axiata unit eyes digital advertising market

KUALA LUMPUR: Axiata Digital Advertising, a subsidiary of Axiata Group Bhd, is looking to tap the growing digital advertising market within Asia-Pacific.