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KUALA LUMPUR: Blue chips started the new week on a cautious note on Monday, with the FBM KLCI in the red in line with the key Asian markets while crude oil prices fell.
WASHINGTON: AT&T Inc's proposed US$85 billion takeover of Time Warner Inc generated skepticism among both Democrats and Republicans on Sunday, making it more likely that regulators will closely scrutinize the effort to create a new telecommunications and media giant
SINGAPORE: Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work.
KUALA LUMPUR: The FBM KLCI rallied by 6.45 points to 1,676.73 points at the midday close as Asian markets held steady despite significant movements in both the US dollar and the yuan today.
Tokyo: The Bank of Japan (Boj) said on Monday it is closely monitoring bank lending to the real estate sector to guard against excessive credit that could lead to overheating and pose risks to financial stability.
An AT&T-Time Warner mega-deal could create a new kind of media-tech firm in an age where consumers get content Netflix-style, when they want it on any device.
PHOENIX: In search of higher profits margins, Boeing Co is aiming to win more of the lucrative market for replacement parts and repair services, pitting the plane maker against major suppliers who view that growing US$62 billion a year market as their turf.
Microsoft Corp said it will be increasing pricing for its enterprise software and cloud services in the UK in the wake of the sterling's plunge since Britons voted to leave the EU.