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The '90s: Tomes of the times

Which books flew off the shelves in the 1990s?

Capital expenditure remaisn depressed in US

LONDON: The US economy continues to recover from the depths of the Great Recession, although its speed, trajectory and cruising altitude remain the subject of fierce debate.

Sprint drops bid to buy T-Mobile after regulatory resistance

Sprint Corp has dropped its bid to acquire No 4 US carrier T-Mobile US Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters.

Asian markets, KLCI slide on Wall Street woes

KUALA LUMPUR: All key regional markets fell at the midday break on Wednesday as investor sentiment turned cautious after the overnight decline on Wall Street, with key stock Tenaga Nasional and plantations weighing on the FBM KLCI.

Asian markets down as Ukraine conflict fears escalate

HONG KONG: Asian stocks dropped Wednesday, following a sharp fall on Wall Street over fears of a market correction and concerns the conflict in Ukraine could escalate.

KLCI falls as MAHB, Public Bank and Axiata weigh

KUALA LUMPUR: Malaysia’s blue chips fell in early Wednesday trade, tracking the overall weaker key regional markets and the overnight fall on Wall Street, with some mild selling in Malaysia Airports (MAHB), Public Bank and Axiata.

Trading ideas: Tasek, WZ Satu, PNE PCB, Protasco

KUALA LUMPUR: JF Apex Research expects Tasek Corp, WZ Satu, PNE PCB and Protasco to be among the stocks which could attract trading interest on Wednesday.

Disney profit jumps thanks to movies, parks, products

NEW YORK: Media company Walt Disney Co's quarterly profit blew past Wall Street expectations, with a muscular performance from its "Captain America" movie, higher attendance at US theme parks and brisk sales of merchandise tied to mega-hit Frozen.

Rupert Murdoch's Fox abandons Time Warner US$80bil takeover bid

EW YORK: Rupert Murdoch's Twenty-First Century Fox decided to pull its US$80bil offer to buy Time Warner Inc on Tuesday, abandoning plans to create one of the world's largest media conglomerates.

Asian markets dip as China's service sector hits a low

HONG KONG: Asian stocks slipped Tuesday after an HSBC report showed the performance of China's service sector fell to a record low in July, and despite a positive lead from Wall Street.