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Goodbye J. Walter Thompson, hello JWT

When the largest US advertising agency, J. Walter Thompson, changed its name to JWT on Monday, it was also betting it could change the way it markets products to consumers.


Samsung Electronics: Business outlook not good

Samsung Electronics Co Ltd, the world's top maker of memory chips, described the outlook for its key businesses as 'not good' yesterday due to slower global economic growth and sluggish domestic consumption.


New service from TM Net

TM Net Sdn Bhd has launched its latest service, 'BlueHyppo w@w,' together with content provider Genesis Integrated Solutions Sdn Bhd, TM Net chief executive officer Datuk Baharum Salleh said.


LG shares soar after US$975m investment by fund

Shares in LG Electronics Inc and LG Corp soared yesterday, pushing South Korea's stock index to a five-year high, after a Monaco-based fund invested US$975mil in the stocks.

Other Sport

Sorenstam files for divorce from husband Esch

Annika Sorenstam, the No. 1 player in women's golf and one of the most famous female athletes in the world, has filed for divorce from David Esch, her husband of eight years.


Gadget boom masks margin gloom at Cannes phone show

In the French Riviera town of Cannes, the mobile industry is weighing a tough challenge as it struggles to maintain profitability: how to sell more expensive, more sophisticated phones - while making them simpler.


Sharp to acquire Fujitsu LCD ops

Sharp Corp is buying Fujitsu Ltd's liquid crystal display (LCD) business, the latest consolidation in the fast-growing but highly competitive market for thin displays.

Other Sport

O'Hern takes narrow lead in Heineken Classic

Australian left-hander Nick O'Hern fired an eight-under par 63 to fend off the chasing pack and lead the US$1.55mil Heineken Classic after the third round yesterday.

Other Sport

Big Wiesy may get to play in Women’s British Open

Michelle Wie has accepted an invitation to play in the Evian Masters in France, and a new policy adopted late last year by the LPGA Tour makes it possible for the 15-year-old to play in the Women's British Open.


Fotronics in China handy phone tie-up

TECHNOLOGY design house Fotronics Corp Bhd will design and manufacture personal handy phone system (PHS) in China following a tie-up with a major Chinese telecommunication company.