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Business 01 Mar 2003 | 12:00 AM

Asian markets close lower on continued geopolitical tensions

STOCK markets across Asia moved aimlessly yesterday amid continued geopolitical tensions to close lower on the week. Although some made modest gains on the day, they all ended the week between 0.9% and 4.7% lower than on Monday.

Business 14 May 2003 | 12:00 AM

Microsoft to release new titles, services for Xbox

Microsoft Corp plans to release 200 new sports, action-adventure and other video games this year for its Xbox video-game console and Xbox Live online service.

Business 08 Nov 2003 | 12:00 AM

Sony and BMG merge

The merger of Sony Music and BMG could bring a whole new stable of recording artists to listeners hooked on Sony Corp's electronics, but analysts say the alliance is more about minimising risk than seeking gain.

Business 21 Jan 2004 | 12:00 AM

Maxis expects to double its MMS subscriber base

MOBILE phone operator Maxis Communications Bhd, which scored a first in the country with the launch of its mobile video streaming service yesterday, expects the move to help double its Multimedia Messaging Service (MMS) subscriber base to between 70,000 and 100,000 by the end of this year from 35,000 currently.

Business 02 Apr 2004 | 12:00 AM

EMI axes artistes and 1,500 jobs

EMI Group Plc on Wednesday became the latest big music company to slash costs to cope with an ailing market, cutting 1,500 jobs or 20% of its workforce, trimming its roster of artistes by a fifth, and outsourcing CD and DVD manufacturing.

Business 07 Jul 2004 | 12:00 AM

EM sector to raise compound growth rate

GLOBAL entertainment and media (Eamp;M) industry spending is expected to increase at a 6.3% compound annual growth rate (CAGR) to US$1.7 trillion in 2008, according to PricewaterhouseCoopers (PwC).

Business 26 Nov 2004 | 12:00 AM

Nintendo raising stake in Seattle Mariners

Nintendo Co., the Japanese maker of Pokemon and Super Mario video games, raised its stake in baseball's major league club the Seattle Mariners to more than 50 percent, a company spokesman said Friday.

Business 14 Dec 2004 | 12:00 AM

1st Silicon expects revenue to exceed RM320mil this year

1st Silicon (M) Sdn Bhd, which has started producing wafers of 0.13 micron at its Kuching Sama Jaya Free Trade Zone plant, expects revenue to exceed RM320mil this year.

Business 21 Jan 2005 | 12:00 AM

Ubisoft seeks partner to help fend off Electronic Arts

Ubisoft Entertainment SA is considering a merger with a sister company, its founding chairman and CEO confirmed Thursday, as the French video games maker moves to fend off a possible takeover bid from U.S. rival Electronic Arts, Inc.

Business 30 Jan 2005 | 12:00 AM

Drug company drags down stocks

US stocks ended lower on Friday, dragged down by a sharp fall in drugmaker Merck Co Inc on concerns about a key drug, worries ahead of the Iraq election and weaker-than-expected economic growth.