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Analysis - Noda faces tough hurdles as sixth Japan PM in 5 yrs

TOKYO (Reuters) - Finance Minister Yoshihiko Noda, elected by Japan's ruling party on Monday to become the nation's sixth prime minister in five years, faces a long list of challenges from rebuilding from a devastating tsunami and the nuclear crisis it triggered to reining in huge public debt.

Japan's Kaieda ahead in PM race but run-off likely

TOKYO (Reuters) - Japanese Trade Minister Banri Kaieda has the lead in a ruling party race to pick the next prime minister, but a bruising run-off looks likely as chances of a majority win in a first-round vote are slim, media surveys showed on Sunday.

Japan's Kaieda ahead in PM race but run-off likely

TOKYO (Reuters) - Japanese Trade Minister Banri Kaieda has the lead in a ruling party race to pick the next prime minister, but a bruising run-off looks likely as chances of a majority win in a first-round vote are slim, media surveys showed on Sunday.

Japan's Kaieda ahead in PM race but run-off likely

TOKYO (Reuters) - Trade minister Banri Kaieda has the lead in a ruling party race to pick Japan's latest prime minister, but a bruising run-off looks likely as chances look dim for winning a majority in a first round vote, media surveys showed on Sunday.

Maybank IB expanding regionally

MAYBANK Investment Bank (Maybank IB), which registered a 49% surge in fee-based income to RM292mil, is all geared for expansion as a regional financial powerhouse.

Technical recovery likely

Bursa Malaysia started out the week on a soft platform, with the bellwether FBM Kuala Lumpur Composite Index (FBM KLCI) shedding a significant 6.65 points, or 0.45% to 1,477.33 in initial deals.

The man behind the iPhone, Apple CEO Steve Jobs resigns (Updated)

SAN FRANCISCO (AP): Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc. into one of the world's most powerful companies, resigned as CEO on Wednesday, saying he can no longer handle the job but will continue to play a role in leading the company.

EPF seeks prime assets

THE global economy is undergoing tremendous changes. There is much to be made, with sound and well-calculated judgement; and much to be lost, if prudence is missing. About a year ago, the Employees' Provident Fund (EPF) issued a statement that it was going to invest about £1bil (RM4.88bil) in British real estate.

Volatility in the US stock market is far from over

NEW YORK: The historic swings in the US stock market over the past two weeks have investors struggling to figure out where equities may be headed next. Only one thing seems clear: The volatility is far from over.

Murky economic outlook continues to batter Asian markets

Investors sought safety in gold which hit new highs