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 •  China to pitch high-speed trains to California
SHANGHAI: State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signalling China's growing export ambitions for such technology after building the world's longest network in just seven years.
 •  Bursa bars EPF from voting in CIMB, RHB Cap, MBSB merger (Update)
KUALA LUMPUR: Bursa Malaysia Securities has barred the Employees Provident Fund (EPF) from voting in the three-way merger of CIMB Group Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB).
 •  Rally fades on Bursa, Asian markets on slowing growth in China
KUALA LUMPUR: The two-day rally on Bursa Malaysia faded on Tuesday as investors were quick to take profit, in line with the European and Asian markets on worries about slowing growth in China.
 •  Daibochi net profit down, expects customer based expansion to boost revenue
KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd expects its customer based expansion to drive the group's revenue growth in the near term.
 •  Japan downgrades economy for second month as output sags
TOKYO: Japan's government cut its overall economic assessment for the second straight month as weak consumption after a sales tax hike in April is causing companies to reduce production.
 •  Totally atypical: De Margerie not your average oil executive
PARIS: Christophe de Margerie had a penchant for cracking a joke, which with his bushy moustache and stout form made him come across more as someone's favourite uncle than the oil executive who fiercely led the often controversial petroleum giant Total.
 •  MARC affirms AAA on Senari Synergy’s RM380m debt notes
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its AAAIS(fg) rating on Senari Synergy Sdn Bhd’s RM380mil Islamic medium-term notes (IMTN) programme with a stable outlook.
 •  RON95 price may change in June
KUALA LUMPUR: The price of RON95 petrol is likely to stay at RM2.30 a litre until June next year, said Deputy Finance Minister, Datuk Ahmad Maslan.
 •  Tokyo stocks close down 2.03% after weak China growth
TOKYO: Tokyo stocks dropped 2.03% Tuesday as investors locked in profits after the previous day's rise of almost 4%, while the yen rose against the dollar and weak China growth data hit sentiment.
 •  M3nergy all set to tap Indonesian market
SINGAPORE: M3nergy Bhd, South-East Asia's emerging oil and gas company, is set to tap the Indonesian market with the completion and naming of its latest floating production storage and offloading (FPSO) vessel Ratu Nusantara.
Updated: 478 minutes ago
 •  Mahindra two-wheelers bids for Peugeot Citroen's scooters
Automobile major Mahindra & Mahindra's two-wheeler subsidiary Tuesday said that it has made a binding offer to acquire a majority stake in PSA Peugeot Citroen's scooter business.
 •  Sensex trades in red; bank stocks down
Opening after an extended weekend holiday, a benchmark index of Indian equities markets Tuesday traded 108 points or 0.
 •  India offers $250 bn investment opportunity in infrastructure
India needs $250 billion in next 20 years for basic urban infrastructure and this offers huge investment opportunities to international investors, said country's Urban Development Minister M.
 •  SJVNL signs pact for Bhutan hydro project
The public sector Satluj Jal Vidyut Nigam Ltd (SJVNL) has signed an agreement for commissioning of the 600 MW Kholongchu Hydro Electric Project in Bhutan, whose foundation stone was laid by Prime Minister Narendra Modi, the company said Wednesday.
 •  Amazon has high expectations from India business: Jeff Bezos
Amazon has very high expectations from its Indian operations, Chief Executive Officer Jeff Bezos said here Wednesday.
 •  Sensex trades flat; banking stocks plunge
A benchmark index of Indian equities markets Wednesday was trading flat at 22.
 •  Diesel in over-recovery; retail prices exceed global rates
With the rates of the Indian basket of crude oil falling below $95 a barrel, the petroleum ministry Wednesday said losses on diesel sales had been wiped out with the government now looking at a profit of nearly two rupees a litre on the fuel sales.
 •  Ford India's sales dip in September
Passenger car manufacturer Ford India experienced a dip in its September sales as compared to the corresponding period of 2013, the company said Wednesday.
 •  Microsoft Devices launches new Lumia devices
Microsoft Devices Wednesday launched three new Windows smartphones - Lumia 830, Lumia 730 and Lumia 930, a top company official said here.
 •  Maruti Suzuki's September sales up
India's largest passenger car manufacturer Maruti Suzuki Wednesday reported a healthy sales growth of 4.
 •  Reliance Communications to reduce debt to under Rs.20,000 crore
Reliance Communications targets to bring its debt to under Rs.
 •  Maruti Suzuki recalls 69,555 vehicles
In one of the largest automobile repair and inspection exercises, passenger car major Maruti Suzuki Tuesday said that it has recalled 69,555 diesel Dzire, Swift and Ritz models, stating that it will proactively inspect and repair a wiring harness.
 •  Hero MotoCorp's August sales up 30 percent
Two-wheeler manufacturer Hero MotoCorp Tuesday reported sales growth of 30 percent in September by dispatching 600,000 units.
 •  Monetary policy will be inflation data-contingent: RBI
Given that inflation is expected to level at around 7 percent by 2016, the Reserve Bank's monetary policy going ahead will be contingent on relevant data coming in, RBI Governor Raghuram Rajan said Tuesday after announcing the central bank's fourth bi-monthly policy review.
 •  Eight core industries up 5.8 percent in August
Eight core industries such as coal, electricity, crude oil, cement and steel, grew at 5.
Updated: 20814 minutes ago
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