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 •  Celcom Axiata, Lim Kheng Yew reach amicable settlement
KUALA LUMPUR: Celcom Axiata Bhd and Celcom Resources Bhd and Datuk Lim Kheng Yew have reached an amicable settlement without any admission as to liability in respect of their ongoing legal disputes.
 •  Genting Plantations, Muslim Mas Group in RM300m palm oil refinery
KUALA LUMPUR: Genting Plantations Bhd and Musim Mas Group are teaming up to set up a a palm oil refinery in the Palm Oil Industrial Cluster (POIC) in Lahad Datu, Sabah.
 •  MyCC says 25 ice makers pay financial penalties for price fixing
KUALA LUMPUR: Twenty-five ice manufacturers which were fined between RM1,200 and RM106,000 by the Malaysia Competition Commission (MyCC), have paid their financial penalties.
 •  Tenaga Nasional extends president/CEO’s contract another 3 years
KUALA LUMPUR: Tenaga Nasional Bhd has extended the service tenure of Datuk Seri Azman Mohd as president/CEO
 •  Late buying lifts KLCI amid decline in trading volume
KUALA LUMPUR: Late fund buying of index linked stocks enabled the 30-stock FBM KLCI to eke out marginal gains on Friday while the broader market was slightly firmer despite a decline in trading volume.
 •  Philippines' poverty rate rises to nearly 26%
MANILA: The percentage of people in the Philippines classified as poor rose to 25.8 percent in the first half of 2014 mainly because of a rapid increase in food prices and the effects of a super typhoon, the government said on Friday.
 •  Trading in Sunsuria suspended until Monday
KUALA LUMPUR: Trading in the securities of Sunsuria Bhd, formerly Malaysia Aica Bhd, was voluntarily suspended from 4.29pm Friday pending a material announcement.
 •  Brent climbs near $61 on Mideast supply concerns
SINGAPORE: Brent crude rose to trade near $61 a barrel on Friday as geopolitical tensions in Libya and Iraq stoked supply worries, while traders eyed U.S. rig counts and the outcome of Iran nuclear talks for further trading cues.
 •  MPI targets RM1mil premiums from MM2H medical insurance plan
KUALA LUMPUR: Multi-Purpose Insurans Bhd (MPIB) has targeted RM1mil in premiums from its newly launched medical insurance coverage within one year from the participants of the Malaysia My Second Home (MM2H) programme.
 •  Crude palm oil prices to be better in first half of 2015
KUALA LUMPUR: Crude palm oil (CPO) price is likely to be better in the first half of 2015 (H1 CY15) due to the tight CPO supply, but for the second half of the year, this will hinge on biodiesel demand from Malaysia and Indonesia, says UOB Kay Hian Malaysia Research.
Updated: 48 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: 216212 minutes ago
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