BREAKING NEWS: Business (2)

WhatsApp's new fingerprint feature may stop users from taking screenshots

Wed, 24 Apr 2019 03:06:00 +0000

The new feature will also roll out animated stickers and doodles that will be included in WhatsApp sticker packs

Ultratech Cement, Tata Global, ACC, Infosys and M&M Fin top stocks to watch

Wed, 24 Apr 2019 02:56:00 +0000

Here's a look at the top stocks that may remain in focus today -

Kotak Mahindra Bank vs RBI: What market experts say

Wed, 24 Apr 2019 02:50:17 +0000

While the Bombay High Court has â€œno timeâ€ to address the case before 2020, market experts have strong opinions about Kotakâ€™s defiance against the RBI.

China's Belt and Road hits a speed bump in Kazakhstan

Wed, 24 Apr 2019 02:31:35 +0000

Made in Taranaki: The production line for McDonalds meat patties starts in Taranaki

Wed, 24 Apr 2019 02:25:12 +0000

Following the cow to the Big Mac.

Australian shares climb to 12-year high

Wed, 24 Apr 2019 02:20:12 +0000

The Australian share market climbs to its highest level since before the global financial crisis, led by health care and technology, but hampered by mining stocks.

South Korea's LG Display posts Q1 operating loss as TV panel prices fall

Wed, 24 Apr 2019 02:20:05 +0000

SEOUL: South Korea's LG Display Co Ltd on Wednesday posted a wider-than-expected quarterly operating loss as falling prices of screens for television sets weighed on earnings.

MARKETS LIVE: Q4 earnings, oil prices to guide markets today

Wed, 24 Apr 2019 02:15:00 +0000

Catch all the live updates here

Dunnes Stores seeks to buy pizza chain

Wed, 24 Apr 2019 02:11:40 +0000

Firm makes bid for Base Wood Fired Pizza as part of effort to become more ‘foodie’

Major plans for Busselton jetty

Wed, 24 Apr 2019 02:01:32 +0000

Named Australia’s third top tourist attraction at the Qantas Australian Tourism Awards and visited by a record 500,000-plus people in 2018, Busselton’s iconic jetty is currently the subject of detailed plans to expand its tourist offering.

Serneke brings Swedish build to Freo

Wed, 24 Apr 2019 02:01:27 +0000

A Swedish construction giant will focus on the health and wellbeing of future residents as it rolls out its first development in WA.

Serba Dinamik to raise up to RM1b, AmInvest Research retains buy

Wed, 24 Apr 2019 01:57:26 +0000

KUALA LUMPUR: Serba Dinamik is planning to raise a sukuk issuance worth US$200mil to US$250mil (RM826mil to RM1bil) for a tenure of three years to refinance its existing foreign loans and international projects.

Slackening consumer demand puts brake on India's economic growth

Wed, 24 Apr 2019 01:55:00 +0000

While uncertainty over the outcome of a general election cast a shadow on investments, consumer demand has been hit by relatively tight financial conditions

Juniors pumped over Perth Basin potential

Wed, 24 Apr 2019 01:52:44 +0000

After a prolonged intermission, oil and gas activity in the Perth Basin appears to be picking up.

BREAK: MWSS fines Manila Water for supply shortage

Wed, 24 Apr 2019 01:50:52 +0000

The Metropolitan Waterworks and Sewerage System has slapped fines totaling P1.13 billion against Manila Water Co. Inc. in relation to the ongoing supply shortage at the East Zone concession.

The post BREAK: MWSS fines Manila Water for supply shortage appeared first on Inquirer Business.

Quick take: Sinotop jumps 34% in early trade

Wed, 24 Apr 2019 01:50:22 +0000

KUALA LUMPUR: Sinotop Holdings Bhd surged 34% in early trade Wednesday after announcing that its major shareholder will inject construction firm for RM96mil.

Drug Distributor And Former Execs Face First Criminal Charges In Opioid Crisis

Wed, 24 Apr 2019 01:43:40 +0000

A DEA official said the indictments are meant to send "shock waves" through the pharmaceutical industry to remind it of its responsibility to help control prescription medications.

(Image credit: Kathy Willens/AP)

Pressure mounts on RBA to cut rates after inflation falls again

Wed, 24 Apr 2019 01:39:03 +0000

Another quarter of weak inflation may be bad news for the economy but it is good news for cash-strapped consumers, and also for borrowers by putting the Reserve Bank under more pressure to cut interest rates.

Tenaga, CIMB and RHB Bank power KLCI higher

Wed, 24 Apr 2019 01:38:56 +0000

KUALA LUMPUR: Blue chips climbed in early Wednesday trade, powered by gains in Tenaga Nasional, CIMB and RHB Bank, in line with the positive key Asian markets.

Samsung delays foldable phone's launch after display troubles

Wed, 24 Apr 2019 01:34:41 +0000

Renault's revived push for Nissan merger follows financial woes

Wed, 24 Apr 2019 01:34:40 +0000

Is your dairy-free Magnum actually dairy-free?

Wed, 24 Apr 2019 01:28:48 +0000

Dairy-free ice creams sold in New Zealand could contain milk, despite being certified vegan.

PM Jacinda Ardern talks to Facebook CEO ahead of social media summit in Paris

Wed, 24 Apr 2019 01:26:25 +0000

Facebook CEO Mark Zuckerberg shares his condolences, PM Jacinda Ardern says.

Jobs data helps lift consumer confidence

Wed, 24 Apr 2019 01:24:31 +0000

Consumer confidence has hit its highest point since December after last week's strong jobs data.

Manila Water faces P1.13 billion in penalties over supply crisis

Wed, 24 Apr 2019 01:23:17 +0000

The penalties include a P534 million fine and a P600 million fund to develop a new water source. This will be on top of a "self-imposed" P500 million plan to provide financial relief to customers, the Metropolitan Waterworks and Sewerage System said in a statement.

OnePlus 7-series India launch confirmed for May 14; 5G-ready model expected

Wed, 24 Apr 2019 01:20:00 +0000

The upcoming series, which would include the OnePlus 7 Pro and the OnePlus 7, will be unveiled simultaneously in the US, Europe and India

Vicinity Centres chairman to retire at AGM

Wed, 24 Apr 2019 01:19:14 +0000

Vicinity Centres chairman Peter Hay will retire from the board of the shopping centre operator at the company's annual general meeting in August.

Jet example shows that Indian capitalism needs to be saved from capitalists

Wed, 24 Apr 2019 01:19:00 +0000

It's lamentable that after 14 years as a publicly traded firm, operating in a capital-intensive, competitive, regulated industry, Jet was still allowed to carry on basically as Goyal's fief

Health, tech lead gains in higher ASX open

Wed, 24 Apr 2019 01:14:45 +0000

The Australian share market has opened strongly, with healthcare and tech stocks in the ascendancy after the S&P 500 and the Nasdaq hit record closing highs overnight.

Commodity outlook: Gold in desperate need of a renewed safe-haven buying

Wed, 24 Apr 2019 01:13:00 +0000

After closing lower for the fourth week in a row, the gold price is nearly six per cent below its February peak and at its lowest level since late December.

Quick take: Barakah shares most active on Bursa

Wed, 24 Apr 2019 01:10:00 +0000

KUALA LUMPUR: Shares in Barakah Offshore Petroleum Bhd were hotly traded in early trade Wednesday with over 20 million shares, exchanging hands, making it most actively traded counter.

London Briefing: The Taylor Wimpey CEO and the luxury apartment

Wed, 24 Apr 2019 01:01:29 +0000

Shareholders dislike ‘gratuitous bonus’ for Redfern, while Welsh statistics don’t add up

MIDF reduces earnings estimates, TP on CMMT

Wed, 24 Apr 2019 01:01:15 +0000

KUALA LUMPUR: MIDF research maintained its neutral call on CapitaLand Malaysia Mall Trust, whose 1QFY19 earnings came in slightly below the research house's expectations.

Glut forces LNG producers including Petronas to offer flexible deals

Wed, 24 Apr 2019 01:00:26 +0000

SINGAPORE: The world's biggest liquefied natural gas (LNG) producers including Shell, Total and Petronas are increasingly selling from global supply pools instead of dedicated projects as buyers leverage a fuel surplus to force ever more flexible deals.

UK gives Huawei green light to supply 5G tech, set to anger US

Wed, 24 Apr 2019 01:00:00 +0000

Huawei will help build parts of the UK 5G network like antennas, despite security warnings.

Revenue Department tweaks rule with opt-out

Wed, 24 Apr 2019 01:00:00 +0000

The Revenue Department will adjust its disclosure requirement by asking depositors who do not want their interest income information to be submitted to the department to declare their intention to banks.

Auto sector Q4 earnings preview: Muted revenue, drop in EBITDA margin seen

Wed, 24 Apr 2019 01:00:00 +0000

While private vehicles have been facing stiff task with dealers across geographies grappling with higher inventory, commercial vehicles are seeing some revival led by fresh disbursal by NBFCs

Top trading ideas by Prabhudas Lilladher: Buy Infosys and Sun Pharma

Wed, 24 Apr 2019 00:58:00 +0000

Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.

Top 10 biz headlines: ITC-Hotel Leela case, Jet Airways crisis, and more

Wed, 24 Apr 2019 00:57:00 +0000

From ITC-Hotel Leela case to Amazon India's plan to take on Alibaba, Business Standard brings you top 10 business stories that made news on Tuesday

Affin Hwang maintains Sell on Cycle & Carriage Bintang, drops TP to RM1.18

Wed, 24 Apr 2019 00:50:00 +0000

KUALA LUMPUR: Affin Hwang Capital research has affirmed its sell rating on Cycle & Carriage Bintang Bhd with a lower target price of RM1.18 from RM1.48 previously, following a core net loss of RM6.4mil in 1Q19.

Trading ideas: Barakah, Ekovest, Sinotop, Salcon, Destini

Wed, 24 Apr 2019 00:49:31 +0000

KUALA LUMPUR: JF Apex Research expects Barakah Offshore Petroleum Bhd, Ekovest Bhd, Sinotop Holdings Bhd, Salcon Bhd and Destini Bhd to be among the stocks to watch on Wednesday.

Twitter shares lift off as profits soar; Trump weighs in

Wed, 24 Apr 2019 00:45:00 +0000

WASHINGTON: Twitter shares flew higher Tuesday after a surprisingly robust quarterly report, which sparked a fresh tirade from President Donald Trump over his claims of unfair treatment by social media.

US stocks lifted to records amid earnings deluge, oil gains again

Wed, 24 Apr 2019 00:45:00 +0000

NEW YORK: Wall Street stocks surged to fresh records on Tuesday following a plethora of mostly good quarterly earnings that reinforced confidence in the economic outlook.

Neogen Chemicals' steep valuations a concern. Give IPO a miss: Analysts

Wed, 24 Apr 2019 00:45:00 +0000

At the higher end of the issue price of Rs 215 a share, the stock is valued at nearly 20.1x FY18 EV/EBITDA and nearly 47.8x P/E

China says will guarantee pensions amid warnings of funds drying up

Wed, 24 Apr 2019 00:43:02 +0000

SHANGHAI: China will "fully guarantee" future pension payments, a government official told reporters, amid warnings from government researchers that funds could run out by 2035.

Handout quota of 10m

Wed, 24 Apr 2019 00:12:00 +0000

A 1,500-baht cash handout for spending in 55 second-tier provinces will be allocated to 10 million people who register to participate in the scheme on a first-come, first-served basis.

Clark Airport reopens Wednesday, passengers told to check flight status

Wed, 24 Apr 2019 00:10:09 +0000

The public should coordinate with airlines on the status of their flights, the Clark International Airport Corp said in a statement.

NT pastoralist buys second CPC cattle station, reportedly for $50m

Wed, 24 Apr 2019 00:00:20 +0000

Northern Territory pastoralist Sterling Buntine buys a second cattle station from Consolidated Pastoral Company on a walk-in walk-out basis without cattle.

Auckland businesswoman buys into Century 21 New Zealand with aspirations to expand

Tue, 23 Apr 2019 23:56:06 +0000

Competition for high-performing real estate sales agents ramps up

Boeing seeks to exit crisis mode as it reports results

Tue, 23 Apr 2019 23:53:34 +0000

Under growing scrutiny from investors and regulators, embattled US aerospace giant Boeing will have a chance this week to reset the narrative as it aims to pivot from two deadly crashes that have grounded a top-selling plane.