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LG Display reports record Q4 profits
SEOUL: South Korea's LG Display Co Ltd said on Tuesday its fourth-quarter operating profit nearly doubled from a year earlier to its quarterly record due to a pickup in panel prices.
US blocks health insurer Aetna's $34 bln Humana acquisition
NEW YORK: A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.
Blockchain dreamers will have a rude awakening in 2017
LONDON: The finance world’s attempt to build a white-collar version of blockchain – the shared-ledger technology that underpins rebellious virtual currencies such as bitcoin – has generated Silicon Valley quantities of buzz. There hasn’t been much genuine risk-taking, though, nor have we seen much of a result.
Singapore Dec CPI up for first time in 2 years
SINGAPORE: Singapore’s annual headline consumer price index (CPI) in December rose for the first time in more than two years, but weak consumption and a subdued labour market suggest that inflation will remain modest for some time.
Japan threatens to take India to WTO over steel duties
TOKYO: Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation over the past year, a step that could trigger more trade spats as global tensions over steel and other commodities run high.
LG Display reaches LCD panel supply pact with Samsung
Agreement between the two will be first for the long-time rivals
Foxconn thinking of investing US$7bil for display plant in US
TAIPEI: Foxconn, the world’s largest contract electronics maker, is considering setting up a display-making plant in the US in an investment that would exceed US$7bil, company chairman and chief executive Terry Gou said.
Keeping our faces to the sunshine
WHEN Pemandu started work on the National Transformation Programme (NTP) in 2009, we had two general sentiments beating down our front door – measured optimism and pure cynicism.
TMC Life aims for income rise from foreign medical tourism
PETALING JAYA: Healthcare provider, TMC Life Sciences Bhd, aims to increase its income from foreign medical tourism to 25% by 2020 from 10%.
