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KUALA LUMPUR: Worldwide sales of smartphones to end-users in 2013 increased 42.3% to 968 million units from 2012, according to IT research company Gartner Inc. Sales of smartphones now constitute 53.6% of overall mobile phone sales, exceeding sales of feature phones for the first time.
Chinese commodity imports rose strongly in 2013, with coal and iron ore climbing more than 10%, but efforts to reform the world's No 2 economy are already taking the steam out of demand and are likely to drag this year.
China's oil consumption in 2013 experienced the slowest rise in five years, data showed on Monday, because of easing economic growth but the pace is expected to accelerate this year as new refineries start up.
PETALING JAYA: Vehicle sales in the first six months of 2013 should surpass the sales achieved in the first half of last year, despite initial hesitation by customers adopting a “wait-and-see” attitude leading up to the 13th general election (GE13).
China's economy is set to grow 7.6% in 2013, beating the government's 7.5% target, before losing some steam next year as the government forges ahead with structural reforms, a Reuters poll showed.
KUALA LUMPUR: The year 2013 turned out to be a bumper year for physical gold as consumers around the world bought the yellow metal in record amounts, with China and India leading the way, report the World Gold Council.
The primary Malaysian corporate bond market remained muted in 3Q 2013, with gross issuance of corporate bonds declining 7% quarter-on-quarter to RM17.2bil, RAM Ratings said.
Malaysia Airports Holdings Bhd (MAHB) targets earnings before interest, taxes, depreciation and amortisation (EBITDA) without construction profit of RM751mil for 2013.
Boeing Co delivered a record 648 jetliners in 2013, beating its own target and likely securing its place as the world's biggest plane maker for the second year in a row.