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PETALING JAYA: Former chief justice Tun Arifin Zakaria has been appointed independent non-executive chairman of Microlink Solutions Bhd.
SEOUL: Headed for a fourth straight annual profit decline, Hyundai Motor <005380.KS> is trimming its cost fat; scaling back on business class flights and annual family home trips for overseas employees, executives told Reuters.
KUALA LUMPUR: Mlabs Systems Bhd has aborted the RM260mil proposed takeover of footwear manufacturer Bage (China) Co Ltd (Bage HK), which would have resulted in a significant change in its business direction.
OSLO: A group of Chinese firms have made a cash offer for Norwegian mobile phone internet browser and advertising company Opera Software, valuing the 20-year-old company at 10.5 billion crowns, or $1.23 billion, the firm said on Wednesday.
HONG KONG: Banks in Hong Kong are intensifying the battle for young customers key to their future retail profit, offering online perks and mobile banking products in a bid to erode the dominance of HSBC in its Asian stronghold.
IT is the middle of a typical work day for Carlos Lacerda and he is frowning slightly, his gaze sweeping between the computer screen and and a jotter pad where he is hastily filling in numbers.