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BOSTON: Microsoft Corp launched what it hopes will be the most successful private effort to date to crack down on cyber crime by moving to disrupt communications channels between hackers and infected PCs.
KUALA LUMPUR: Malaysia’s total information technology (IT) spending is expected to grow 11% to reach RM67.9bil this year, more than double the 3% growth expected for the Asia-Pacific region where IT spending is forecast to reach US$746bil, according to global market research firm Gartner.
AMMB Holdings Bhd’s move to dispose of its wholly-owned Singapore-based stockbroking arm, AmFraser Securities Pte Ltd, is seen as non-core asset divestment and is expected to have immaterial impact on the group despite the provision made due penny stock debacle that rocked the Singapore Stock Exchange (SGX) last year, says group managing director Ashok Ramamurthy.
LONDON/HONG KONG: Global equity capital markets returned with a vengeance in 2014 as bankers, investors and companies led a charge that culminated spectacularly in Alibaba, the biggest share listing ever.