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D'nonce confirms MD Law is looking to sell his stake in the company
KUALA LUMPUR: D’nonce Technology Bhd said managing director and single largest shareholder Law Kim Choon is looking to sell his stake in the company, confirming a StarBiz Premium report that the company is a takeover target.
Qantas law change sparks takeover talks
SYDNEY: The Australian government has flagged allowing majority foreign ownership or increased government support for Qantas Airways Ltd, a move that could shake up the regional aviation sector and make the national carrier a takeover target.
EU law on market benchmarks faces delay for months
LONDON: European Union rules to regulate financial benchmarks like Libor will probably be delayed for months, a senior lawmaker said, because a key vote next week is likely to be postponed.
Law to benefit consumers, businesses
PUTRAJAYA: The recently-gazetted Competition Act will benefit both consumers and businesses as there will be provisions to free them from being subjected to manipulative and cartel-like business practices.
EU leaders agree to amend the law for euro stability
BRUSSELS: European Union leaders will agree next week to insert two sentences into the EU treaty to pave the way for the creation of the European Stability Mechanism (ESM) from 2013, draft conclusions of the summit showed.
U.S. Relaxes Health Law Income, Insurance Status Rule For Exchanges
WASHINGTON: Days after delaying health insurance requirements for employers, the Obama administration has decided to roll back requirements for new state online insurance marketplaces to verify the income and health coverage status of people who apply for subsidized coverage.
S. Korea passes law to further curb conglomerates
South Korea#8217;s parliament has passed a bill aimed mainly at limiting the powers of owner families of big business conglomerates #8211; known as I>chaebol #8211;/Iover affiliates.
Harsh Indonesian plantation law may not be reality
KUALA LUMPUR: RHB Research Institute believes the possibility that Indonesia will limit foreign ownership in plantations to not more than 30% is unlikely to happen.
Russian banks lobby central bank to draft Islamic finance law
DUBAI/MOSCOW: A lobby group for Russian banks has written to Moscow's central bank seeking measures to promote Islamic finance at a time when the banking sector is facing a squeeze on foreign financing due to economic sanctions imposed over the Ukraine crisis.
New Indonesian law boosting laggard currency
The omnibus labour law is good news for the rupiah
