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MUMBAI: Vodafone Idea Ltd.’s gamble seeking more time to pay the $4 billion it owes the Indian government failed in the nation’s top court, leaving the distressed mobile carrier with few options as it weighs its future.
KUALA LUMPUR: The government has decided to impose anti-dumping duties on imports of steel concrete reinforcing bar from Singapore and Turkey after concluding its investigation on the matter.
NEW DELHI: Vodafone Group Plc’s India venture plunged by a record on prospects of having to pay the government $4 billion in back-fees as early as next week, highlighting concerns over the future of the beleaguered mobile carrier.
KUALA LUMPUR: London Biscuits Bhd, which has been slapped with a winding-up petition, tumbled 40% in early trade Thursday.
KUALA LUMPUR: Shares of London Biscuits Bhd fell to a record low of two sen in early Wednesday trade as it faces imminent trading suspension.
KUALA LUMPUR: Stocks to watch on Wednesday include TH Heavy Engineering Bhd, London Biscuits Bhd, Wegmans Holdings Bhd and Sime Darby Bhd, according to JF Apex Research.
KUALA LUMPUR: Malaysia has imposed anti-dumping duties of 3.84% to 26.39% on imports of cold-rolled coils of iron or non-alloy steel – of width more than 1300mm – from China, Japan, South Korea and Vietnam.
KUALA LUMPUR: The government has concluded the anti-dumping investigation concerning imports of cold rolled coils of iron or non-alloy steel of width more than 1300mm from China, Japan, South Korea and Vietnam and has decided to impose final affirmative anti-dumping duties.
SHENZHEN, China: China's Huawei mounted a legal challenge against the U.S. Federal Communications Commission (FCC) on Thursday after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.