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Economy 30 Jun 2014 | 3:16 PM

Sony confident TV biz will finally swing to profit this year: exec

TOKYO: Sony Corp is confident its TV division will move into the black this financial year after a decade in the red, even if it falls short of its volume sales target, the head of the newly independent division said on Monday.

Business 02 Jun 2014 | 8:40 AM

GSK in US$350mil deal to develop cancer drugs with UK biotech firm

LONDON: GlaxoSmithKline Plc has agreed a deal worth more than $350 million with UK biotech company Adaptimmune to develop cancer drugs, the Financial Times reported on Monday.

Business 02 Jun 2014 | 8:32 AM

Novartis appoints Merck executive as oncology chief

Swiss drugmaker Novartis AG said it has appointed Bruno Strigini, one of Merck & Co Inc's top executives, to head its oncology unit.

Business 02 Aug 2013 | 8:39 AM

VEGOILS/PALM OIL-Market Factors To Watch Aug 2(Friday)

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

Business 02 Aug 2013 | 12:00 AM

Sukuk demand still strong, supported by domestic institutional investors

KUALA LUMPUR: Demand for Malaysia’s Islamic bonds and sukuk with longer maturity is expected to remain strong, supported by domestic institutional investors, according to Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.

Economy 17 Jun 2014 | 1:09 PM

Dollar firms in Asia on Japan pension overhaul plan

TOKYO: The dollar and euro rose against the yen in Asia on Tuesday as investors bet Japan's public pension fund, the world's biggest, will start to shift some of its holdings into foreign assets.

Economy 01 Aug 2013 | 12:00 AM

Concern over debt, spending

PETALING JAYA: Fitch Ratings, after cutting Malaysia’s credit rating outlook to “negative”, sending the stock market and the ringgit reeling, has said it is more likely to downgrade the country’s rating within the next two years on doubts over the Government’s ability to rein in its debt and spending.

Economy 18 Jun 2014 | 10:21 AM

Japan May exports disappoint, cloud growth outlook

TOKYO: Japan's exports suffered their first annual decline in 15 months in May as external demand remained soft despite a recovery in advanced economies, suggesting a bumpy ride for the world's third-largest economy.

Plantations 17 Jun 2014 | 8:25 AM

RHB Research maintains Overweight on plantations

KUALA LUMPUR: RHB Research believes crude palm oil (CPO) should start trading higher, especially after its price has recovered above the RM2,400 level.

Business 05 Jun 2014 | 12:00 AM

Dai-ichi Life to buy Protective Life for US$5.7bil

TOKYO: Japan’s Dai-ichi Life Insurance Co has agreed to buy US peer Protective Life for US$5.7bil, the largest acquisition by a Japanese insurer, displaying its determination to grow overseas to counter weak prospects at home.