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Hyundai group to sell off financial units

South Korea's Hyundai group has announced a restructuring plan to sell off financial units for more than US$3bil in an effort to reduce its debt and focus on shipping, logistics and elevator-machinery businesses.


Affin Research maintains Sell on MAS

KUALA LUMPUR: Affin Research has maintained its Sell call on MAS with a lower target price of 19 sen from 21 sen previously given the tough operating environment of fierce competition as well as rising cost of living.


Loss-saddled Sony to sell its Tokyo birthplace

TOKYO: Sony will sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once world-beating firm struggles to improve its bottom line, reports said Friday.


Sony in talks to sell loss-making Vaio PC business: source

Sony Corp is in talks with investment fund Japan Industrial Partners to sell its loss-making Vaio personal computer division, a source familiar with the matter said on Wednesday.


Maybank KE Research maintains Sell on MAHB

KUALA LUMPUR: Maybank KE Research has maintained its Sell call on MAHB with a target price of RM7.03, it said on Wednesday.


KAF says to Sell MAS

PETALING JAYA: KAF-Seagroatt & Campbell Securities is maintaining its Sell call on MAS over what it says is a lack of clarity from the management as to the direction of the airline in its restructuring plan.


Amazon teams up with Best Buy to sell Insignia, Toshiba TVs with Fire TV built-in

In its quest to get more consumers to use its Fire TV products, Amazon announced an unusual partnership: The company has teamed up with Best Buy to sell 11 TV sets powered by Amazon’s Fire smart TV operating system this year.


Major Internet providers say will not sell customer browsing histories

Comcast Corp, Verizon Communications Inc and AT&T Inc said they would not sell customers’ individual Internet browsing information, days after the US Congress approved legislation reversing Obama administration era internet privacy rules.


Glencore aims to sell stake in Philippines project

MANILA: Glencore Xstrata plans to sell its majority stake in the US$5.9bil Tampakan copper and gold project, its partner in the long-delayed Philippines joint venture said.


Court grants application to sell ‘Equanimity’

KUALA LUMPUR: The Admiralty Court here has granted an application by the 1Malaysia Development Bhd (1MDB) Group and the government to sell the Equanimity super­yacht, which is allegedly linked to businessman Low Taek Jho.