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Knight joins Ogilvy and Mather Malaysia as strategic planner

FOLLOWING the appointment last month of James Gaubert as head of digital and social, Ogilvy and Mather Malaysia continues to expand its impressive line-up with the addition of WPP Fellow and strategic planner, Christopher Knight.


Tech selloff spreads to Europe and Asia, politics lifts euro

LONDON: Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and its bonds rallied after a bumper weekend for pro-EU and pro-business politics in France and Italy.


Market wary of big sterling swings as Britain votes

LONDON: Market bets on how volatile the pound will be over the next 24 hours surged to their highest in a year on Thursday as Britain began voting in a parliamentary election which some polls show has become too close to call.


Ringgit rally fails to lift KLCI after crude oil slump

KUALA LUMPUR: The ringgit rose against several key currencies, notching a gain of nearly 1% to the weakening pound sterling but it was not enough to lure buyers into the equities markets after an earlier slump in crude oil prices.


France/Germany spread hits two-week low

LONDON: France’s government bond yield spread over Germany hit its narrowest in two weeks after results of the Dutch parliamentary election put the populist party of Geert Wilders a distant second to the current ruling party.


Bank of Korea holds rates, lowers GDP forecast

SEOUL: South Korea's central bank kept interest rates untouched on Tuesday for a 10th straight month, and its governor stressed that the current rate level supports economic growth, although a lowered growth forecast for this year kept expectations of a rate cut alive.


India govt considers selling US$3b stake in ONGC

NEW DELHI: Indian Prime Minister Narendra Modi's government will decide next month on the sale of a US$3 billion stake in state oil firm Oil and Natural Gas Corp , in a major test of whether he can follow through on reforms outlined in his first budget.


Britain could intervene in Pfizer US$106bil bid for AstraZeneca

LONDON: Britain could use its public interest powers to intervene in U.S. drugmaker Pfizer's $106 billion (62.4 billion pounds) takeover bid for British pharmaceutical company AstraZeneca AZN.L, Business Secretary Vince Cable said on Tuesday.


Southeast Asia Stocks: Mostly Firmer With Inflows M'sia up, S'pore down

BANGKOK: Most Southeast Asian stock markets ended firmer on Monday, led by Indonesian shares ahead of a parliamentary election later this week that is expected to restart stalled reforms, while a U.S. jobs report last week helped boost investor sentiment.


Hit by scandal and resignations, Turk PM names new ministers

ANKARA/ISTANBUL: Turkish Prime Minister Tayyip Erdogan reshuffled his cabinet on Wednesday after three members quit over a corruption scandal that has posed an unprecedented challenge to his 11-year rule.