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World

Rupert Murdoch takes chair at News Corp Australia unit

MELBOURNE (Reuters) - Rupert Murdoch is going back to his roots, taking up the role of chairman of News Corp's Australian arm at a time when the publisher is battling a hostile government.

Business

Is Bursa too strict?

PETALING JAYA: Market participants, including remisiers, are concerned that Bursa Securities' strict interpretation of the stock exchange rules and regulations may be a deterrent to trading and negatively impact the industry.

Business

KL stock market expected to be in bearish mode this week

THE prevailing bearish sentiment is expected to continue this week with a high probability of the FTSE Bursa Malaysia KLCI (FBM KLCI) pulling back to 1,430-1,420 support levels.

Business

Selling Lotus makes sense Sports car maker is not a good fit for Proton

KUALA LUMPUR: James Bond stopped using Lotus as his vehicle of choice to fight villains 30 years ago. Investors say Proton Holdings Bhd should follow suit in abandoning the sports-car maker.

Business

Asia economies in for ‘yoyo’ year 2012

SINGAPORE: Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012.

Business

Malaysia-Market factors to watch Tuesday Dec 27

KUALA LUMPUR: Following is a list of events in Malaysia as well as news stories and press reports which mayinfluence financial markets.

Business

Malaysia-Market factors to watch Thursday Dec 29

KUALA LUMPUR: Following is a list of events in Malaysia as well as news stories and press reports which mayinfluence financial markets.

Business

US stocks finish mostly flat in thin trade

NEW YORK: Stocks ended flat on Tuesday after fluctuating between small gains and losses in a light-volume session, as investors took a breather following a 5 percent rally last week.

Business

Analysts cut corporate earnings forecast on uncertainties

PETALING JAYA: Malaysian corporate earnings forecast for this year has been cut on the back of lower second-quarter earnings and to reflect the current global economic uncertainties.

Business

Consumer morale stagnates; home prices steady

WASHINGTON (Reuters) - Americans worried about their incomes as they struggled to find work in September, holding consumer confidence near 2-1/2-year lows and pointing to weak spending in the months ahead.