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Business News
 •  Japan consumer prices up 1.3% on-year in March
TOKYO: Japanese consumer inflation rose for a 10th straight month in March as higher energy costs helped push prices up, official data showed Friday.
 
 •  Japan minister says no accord with US on TPP
TOKYO: Japan's economy minister said Friday that Tokyo had not reached a basic accord with Washington over a Pacific-wide trade deal despite intense talks after a bilateral summit.
 
 •  Robert Kuok's POSH opens at S$1.13 on SGX debut
SINGAPORE: PACC Offshore Services Holdings Ltd shares opened at S$1.13 as they started trading on the Singapore Exchange on Friday, down 1.7% from the initial offering price of S$1.15.
 
 •  Plantations help blue chips eke out mild rebound
KUALA LUMPUR: Malaysia's blue chips managed to stage a mild rebound early Friday, underpinned by gains in plantations, shrugging off the previous day's losses.
 
 •  Wall Street watchdog mandates broker background checks
NEW YORK: Wall Street's self-funded regulator said brokerage firms would have to conduct their own background checks on new recruits after critics pointed to gaps in disclosures by some brokers with checkered histories.
 
 •  Asian shares struggle dollar slips as Ukraine tensions rise
TOKYO: Asian stocks struggled to rise on Friday, as the impact of upbeat U.S. economic data and robust U.S. tech shares faced off against fears of an escalating Ukraine crisis that bolstered the safe-haven yen.
 
 •  Corporate America Q2 profit outlook brightens as clouds lift
NEW YORK: Corporate America is letting the sun shine in on second-quarter profit outlooks, raising hope that the first quarter's storms are past.
 
 •  Apple buoys Nasdaq; Ukraine weighs on broader market
NEW YORK: The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker's strong results, though tensions in Ukraine held the broader market in check.
 
 •  Nestle Malaysia's Sri Muda factory to spur manufacturing capability by 75%
KUALA LUMPUR: Nestle Malaysia Bhd’s new Sri Muda factory in Shah Alam, which will commence operations by the fourth quarter of 2014, is set to boost its ready-to-drink manufacturing capacity by 75%.
 
 •  Pelaburan Mara emerges in PDZ?
PETALING JAYA: Pelaburan Mara Bhd and the owners of Efogen Sdn Bhd, an oil and gas company, are the likely buyers of a 27% block of shares in PDZ Holdings Bhd that was transacted in several off-market trades.
 
Updated: 75 minutes ago
 •  Infotech's net up by 15 percent
Infotech enterprises, a Hyderabad-based engineering solutions provider, Thursday said its net profit during 2013-14 stood at Rs.
 
 •  Russian JV venture promises to end India's butyl rubber import
India's $360 million imports of synthetic butyl rubber, used mainly to make tyres, may soon be rendered unnecessary after a Russian joint venture with Reliance Industries starts production end-2015, a top official has said.
 
 •  Bharti Infratel's fourth quarter net up 64 percent
Telecom tower provider Bharti Infratel's net profit for the fourth quarter (January-March) of 2013-14 jumped by 64 percent, a company statement said here Thursday.
 
 •  Paris Motor Show woes Indian visitors
The world's oldest automobile exhibition - the Paris Motor Show - expects to attract more Indian tourists and visitors at this year's edition, its organisers said Wednesday.
 
 •  DGCA allows in-flight use of electronic devices
In a major air safety reform, the aviation regulator Wednesday allowed the use of electronic devices, including mobile phones, during flights.
 
 •  Cairn India posts 18 percent rise in Q4 profit
Oil and gas major Cairn India Wednesday reported 18 percent rise in its fourth quarter net profit at Rs.
 
 •  DLF leases 3 million sq ft office space in 2013-14
India's largest real estate developer DLF Wednesday said it leased out three million sq ft of office space in the financial year ended March 31, 2014.
 
 •  'Goa sells maximum beer in India'
Goa sells maximum beer in India and urban Indians are getting hooked onto super premium beers, Rohit Jain, manufacturer of Kaltenberg, the country's first indigenously manufactured super premium beer, claimed Wednesday.
 
 •  Mobile number portability requests up by 2.47 mn in February: TRAI
Requests for mobile number portability (MNP) increased by 2.
 
 •  Sensex hits record high for third straight day
A benchmark index of Indian equities markets touched a record high of 22,878.
 
 •  Toyota India resumes operations as workers return
Toyota India's twin car plants resumed full operations Tuesday after its striking unionised employees returned to work after a 36-day stand-off with management over wage hike and other issues.
 
 •  Rupee falls to one-month low of 60.88 against dollar
The Indian rupee fell to 60.
 
 •  Yatra.com becomes Rajasthan Royals' Official Travel Partner
Online travel agency Yatra.
 
 •  30 Indian builders to showcase properties in US
A 15-day property show is being held in the US at which 30 builders from India will showcase their latest projects.
 
 •  HDFC Bank Q4 profit rises 23 percent
India's second largest private sector lender HDFC Bank said Tuesday its net profit grew by 23.
 
Updated: 778 minutes ago
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