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 •  British payments glitch at HSBC leaves thousands without wages
HSBC reported a computer glitch on Aug 28 which it said prevented some of its British business customers from making payments, leaving thousands of workers without wages ahead of a three-day weekend.
 •  Nokia agrees on "Shanghai Bell" joint venture with China Huaxin
Finnish telecom equipment maker Nokia said it had agreed to create a Chinese joint venture with Huaxin in a move that could pave the way for China's approval for Nokia's proposed takeover of Alcatel-Lucent.
 •  IHH buys India's Global Hospitals for RM819m
KUALA LUMPUR/MUMBAI: Malaysia's IHH Healthcare Bhd, the world's second-biggest healthcare firm by market value, is buying a 73.4 percent stake in India-based Ravindranath GE Medical Associates Private Ltd for RM819mil (US$195mil).
 •  CIMB Q2 earnings at RM640m on higher allowance for impairments
KUALA LUMPUR: CIMB Group Bhd reported net profit of RM639.75mil in the second quarter ended June 30, 2015 on higher loan loss provisions mainly from Indonesia in an increasingly challenging operating environment.
 •  Pentagon teams up with Apple, Boeing to develop wearable tech
The Pentagon is teaming up with Apple, Boeing, Harvard and others to develop high-tech sensory gear flexible enough to be worn by people or moulded onto the outside of a jet.
 •  Maybank, CIMB and oil stocks underpin KLCI’s gains
KUALA LUMPUR: Maybank, CIMB and petroleum stocks underpinned the blue chips advance on Friday – the fourth straight day of gains – as the FBM KLCI closed comfortably above the 1,600 level.
 •  Uber China closes US$1bil fundraising round: sources
Uber Technologies Inc's China arm has closed its US$1bil (RM4.18bil) fundraising round early, with investors still hopeful for the US-based ride service despite strong domestic competition.
 •  Olam gets new backer as Mitsubishi spends $1.1 bln on 20 pct stake
SINGAPORE: Mitsubishi Corp's decision to spend $1.1 billion for one fifth of Olam International is a key vote of confidence that will allow the Singapore agri-trader to exploit M&A opportunities thrown up by the slump in the global commodities market.
 •  Oil steadies after strong gains as equities rally
LONDON: Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low crude supplies from Nigeria.
 •  Thai July factory output falls for 5th month, adds to economic woes
BANGKOK: Thai factory output fell less than expected in July on strong growth in the auto sector, but a fifth month of persistently weak production will be a challenge for the new economic team tasked with revitalising Thailand's economy.
Updated: 566 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: 468793 minutes ago
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