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Kiwi voters fired up by rising home prices
WELLINGTON: When Olivia Hollywood began hunting for her first house in Wellington early last year, she was optimistic that half a million New Zealand dollars (US$362,000) would get her on the property ladder.
Billionaire Shigeta’s Hikari Tsushin gets market love again
TOKYO: Yasumitsu Shigeta, the founder and chairman of Hikari Tsushin Inc, was once among the world’s richest persons, before earnings disasters caused the company’s shares to sink 99% in 2000. Almost two decades later, some investors are having a second look at the Japanese company, and recent market moves suggest they like what they see.
Sunway eyes mergers and acquisitions
PETALING JAYA: Sunway Group’s holding company, Sunway Bhd, is set to expand its portfolio of core businesses to create new avenues for growth domestically and regionally.
Tee: Our fruits can help attract more tourists
GELANG PATAH: Johor aims to use its position as one of the largest fruit producers in the country to attract more foreign tourists.
FGV profit down 65% in Q2 on sugar business
PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) posted a 65% drop in second quarter profit from a year ago as its sugar business dragged down group profit on higher raw material prices and a weaker ringgit.
Witness: Dr M shrugged off RM30bil losses
PUTRAJAYA: Former prime minister Tun Dr Mahathir Mohamad showed no reaction when he was informed about the RM30bil losses suffered by Bank Negara Malaysia due to foreign exchange (forex) trading in the 1990s, the Royal Commission of Inquiry (RCI) heard.
Italy denies supporting Libyan traffickers to stop migrants
ROME (Reuters) - Italy denied on Wednesday that it supported a deal to pay armed groups implicated in human trafficking to prevent migrants crossing the Mediterranean.
Ocado taps Amazon’s Alexa for voice ordering in convenience push
UK online grocer Ocado Group Plc is teaming up with Amazon.com Inc to let shoppers top up their baskets using the US e-commerce giant’s voice-recognition system.
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Aug 30
KUALA LUPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets . on Wednesday Aug 30
Prospects for AirAsia to remain strong in H2 of 2017
KUALA LUMPUR: AirAsia’s first half 2017 (1H17) group core net profit of RM441mil made up 48% of CIMB Equities Research's full-year forecast, which was in line with expectations, since the second half is seasonally stronger.
