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Business 12 Mar 2014 | 12:00 AM

Famous company's collection visits Kuala Lumpur

TAG Heuer collectors and admirers were given the rare opportunity to experience the Swiss timepiece manufacturer’s rich history and achievements when the touring museum, La Maison, made a stop in Kuala Lumpur towards the end of last month.

Business 11 Mar 2014 | 7:32 AM

Freescale loss in Malaysia Airlines tragedy leads to travel policy questions

SAN FRANCISCO: The loss of 20 key Freescale Semiconductor employees in the disappearance of a Malaysian airliner on Saturday raises questions about whether the company should have allowed so many of them to board the same plane, but security experts said that at big corporations it's hard to avoid.

Business 19 Mar 2014 | 8:29 AM

Adobe forecasts results above estimates as web subscriptions rise

NEW YORK: Adobe Systems Inc, the maker of Photoshop and Acrobat software, forecast current-quarter profit and revenue above analysts' estimates, citing strong demand for its Creative Cloud suite and digital marketing software.

Economy 15 Apr 2014 | 5:08 PM

Osaka set to name site for Japan's first casino

OSAKA: The Japanese city of Osaka plans to invite operators to build a casino on a plot of reclaimed land on Osaka Bay, its governor told Reuters, pipping Tokyo in the race to attract global gaming firms to set up the country's first gambling resort.

Business 15 Apr 2014 | 8:55 AM

US-Industry: Summary

YouTube network Maker Studios said on Monday a majority of shareholders had approved its purchase by Walt Disney Co, making clear it was not for sale to Relativity Media, which made a surprise bid of up to $1.1 billion for the company.

Economy 21 May 2014 | 8:12 AM

Japan retailers target new big spenders

TOKYO: In ageing Japan, retailers are waking up to a hot new demographic: foreign visitors.

Corporate News 21 Jun 2014 | 12:00 AM

Priceworth's turnaround plan

AFTER being in the red for over a year, Sabah-based integrated timber player Priceworth International Bhd expects to see a change in its fortunes on the back of rising prices for its products and replanting efforts to boost its own timber supply.

Economy 03 Mar 2014 | 11:36 AM

Abenomics fails to deliver Japan public works boom

TOKYO: When Tokyo asked for bidders to build what is expected to be the world's largest fish market on the city's vacant eastern edge, there were no takers. In a graphic illustration of how the hopes for "Abenomics" are falling short, the city was forced to raise by two-thirds its budget for the project to more than US$1bil before some of Japan's top construction companies stepped forward.

Business 03 Mar 2014 | 11:53 AM

Mt. Gox files for bankruptcy, hit with lawsuit

TOKYO: Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system.

Business 01 Oct 2013 | 12:41 PM

Japan to unveil US$50bil stimulus

Tokyo: Japan's government is to announce an economic stimulus package on Tuesday worth US$50 billion or more to cushion the economy from the blow of raising the national sales tax, a final draft of the government plan, seen by Reuters, shows.