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Analyst Reports 23 Jun 2018 | 12:00 AM Premium

How to make nothing from something

According to the police, nine people have been arrested in Penampang, Sabah for running an illegal ring that took bets on the World Cup.

Corporate News 21 Dec 2017 | 12:00 AM Premium

Facebook on collision course with German antitrust cops

BRUSSELS: Facebook Inc is on a collision course with one of Europe’s most powerful regulators as Germany’s Federal Cartel Office attacked the way the social network giant scoops up information on how users surf to drive its advertising revenue.

Corporate News 09 Mar 2016 | 2:39 PM Premium

Lego sticks to bricks, despite apps, games and flicks

BILLUND (Denmark): While Lego has embraced the digital age as more kids play games on iPads and smartphones, parents who fret their children spend too much time staring at screens shouldn’t worry: online is not the toymaker’s ultimate destination.

Business 01 Feb 2014 | 10:13 AM Premium

Detroit sues retirement funds to void pension debt

DETROIT: Detroit on Friday filed a lawsuit in U.S. bankruptcy court seeking to invalidate $1.44 billion of debt sold to fund public worker pensions - a move that also could void the ill-fated interest-rate swaps contracts that were a factor leading Detroit into bankruptcy.

Business 04 Oct 2012 | 12:00 AM Premium

Urgent need to tackle perception about crime situation in M'sia

I WAS spending some vacation time in Singapore some months ago and my niece from Malaysia joined my family for a short holiday. While mingling at home, my son asked his cousin if she wanted to go the shopping centre across from where we were staying. Her reaction was an eye opener.

Business 13 Jun 2012 | 12:00 AM Premium

Fitch downgrades Detroit over bond payment worries

Concerns that Detroit may miss a payment due Friday on its pension debt led Fitch Ratings to lower the city's already junk-level ratings into the C category on Tuesday, denoting a higher chance of default.

Business 03 May 2011 | 12:00 AM Premium

Post-9/11 changes to industries outlive bin Laden

NEW YORK: Security screening at airports will still be a hassle and raise the cost of travel. Laws that turned banks into financial cops will stay in place. And most companies will still spend more to ship goods and secure their computer systems.

Business 26 Jul 2010 | 12:00 AM Premium

Pavilion KL launches sale carnival

KUALA LUMPUR: Pavilion Kuala Lumpur, a premier shopping destination, has launched its #8220;Super Stylish Sale#8221; for Malaysians and foreigners.