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EU readies possible capital, tech sanctions on Russia over MAS shooting
BRUSSELS: The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.
Bridging the generation gap
BORN in the early 1980s and beyond, Generation Y (Gen-Y) are the fastest growing segment of today’s workforce.
AmFraser sale won’t affect AMMB
AMMB Holdings Bhd’s move to dispose of its wholly-owned Singapore-based stockbroking arm, AmFraser Securities Pte Ltd, is seen as non-core asset divestment and is expected to have immaterial impact on the group despite the provision made due penny stock debacle that rocked the Singapore Stock Exchange (SGX) last year, says group managing director Ashok Ramamurthy.
Britain's Barclays to sell Spanish assets to Caixabank
MADRID: Barclays is selling its Spanish retail and corporate banking operations to Caixabank, the two companies said on Sunday, as the British bank starts shrinking its struggling European divisions as part of a major overhaul.
Diary Malaysia Sept 9 Tuesday
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
Is India's love affair with gold over?
VANGAL: Kiran Laxman Salunkhe used to buy jewellery during religious festivals, but sliding gold prices have led the young Indian farmer to break with his family's traditional investment.
Traders are now more exposed to a fall in share prices
STOCK market activity has reached record highs and so have margin debt levels. Traders are now more exposed to a fall in share prices than at the height of the dot-com bubble at the turn of the century, and just before the financial crisis during the 2007 peak, said the Telegraph.US traders borrowed US$460bil from banks and financial institutions to back shares.
Diary Malaysia Oct 3 Friday
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
Asia economic growth to languish as China slows
BANGALORE: Emerging Asia will contribute less to the global economy in 2015 than was expected just months ago as a slowdown in China drags on growth in the region, partially offset by acceleration in the US, Reuters polls suggested.