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Business

CIMB Research retains Neutral on REIT sector, lacks catalysts

KUALA LUMPUR: CIMB Equities Research is maintaining its Neutral stance on the real estate investment trust (REIT) sector, as it still lacks catalysts, while downsides are largely priced in.

Business

Microsoft offers cloud services from UK data centres

LONDON: Microsoft Corp is introducing a complete set of cloud services from data centres in Britain, its second biggest market for cloud-based software after the United States, as demand for data localisation spreads around the world.

Business

Govt does not expect immediate sharp increase in revenue

THE Government does not expect an immediate sharp increase in its revenue as a result of implementing the Goods and Services Tax (GST).

Business

Big retailer is watching you, matching online tracking

The next time you walk into a shop, consider this: You may not be using your phone, but it is giving out a unique signal that the retailer may be monitoring.

Business

M&S brings comfy knickers, curry back to Paris

PARIS (Reuters) - The French may scoff at British cooking and fashion, but retailer Marks Spencer reckons Parisians are yearning for its ready-made chicken tikka masala, gourmet chutney and sensible knickers.

Business

Setting the financial education cornerstone

Recent financial market instabilities, an aging population and the direct link found between financial illiteracy and inadequate retirement funds for individuals are three hot topics these days.

Business

British stocks switch attention to economic data

LONDON: LONDON investors will switch their attention to British economic growth data and annual earnings from clothing-to-food retailer Marks and Spencer this week.

Business

Marks and Spencer full year profit up 4%

LONDON: British food and clothing retailer Marks and Spencer Group PLC has reported a rise in full year profit of nearly 4 percent amid higher sales.