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 •  Iris Corp deputy MD arrested over e-passport project
KUALA LUMPUR: Iris Corporation Bhd's deputy managing director, Datuk Hamdan Mohd Hassan was arrested by the Malaysian Anti-Corruption Commission (MACC) for alleged graft involving an e-passport project for the Republic of Guinea.
 •  EKA Noodles to proceed with EGM; no new resolutions added
KUALA LUMPUR: EKA Noodles Bhd has issued a notice on the proposed EGM slated for Feb 6 to consider removing all its board members save for group managing director Datuk Seri Chin Seak Huat.
 •  KLCI ends in the red on late selling, UMW jumps
KUALA LUMPUR: Late selling of key stocks including BAT pushed the FBM KLCI into the red on Friday as investors stayed on the sidelines after fresh data showed Bank Negara Malaysia's (BNM) foreign reserves declined on Jan 13.
 •  Bursa Malaysia to close for CNY and Federal Territory Day
KUALA LUMPUR: Bursa Malaysia Securities Bhd will close for trading in the afternoon on Friday, Jan 27, and all day on Monday, Jan 30, in conjunction with the Chinese New Year celebration.
 •  Indonesia tax agency demands meeting with top Google executives
Indonesia’s tax agency says documents submitted by Alphabet Inc’s Google as part of a probe into its operations are not adequate and has demanded to meet with top executives from the technology firm.
 •  Citi sees 10% net new money growth near term in Asia wealth business
HONG KONG: Citigroup said a focus on rich young Asians and new products has helped accelerate net new money growth at its Asia-Pacific consumer wealth business in 2016 to about 10%, and a similar annual growth is expected over the next few years.
 •  BNM foreign reserves down US$300m at Jan 13
KUALA LUMPUR: Bank Negara Malaysia's (BNM) international reserves dipped US$300mil to US$94.3bil as at Jan 13, 2017 from US$94.6bil on Dec 30, 2016.
 •  Malaysian business confidence up slightly in Q4
KUALA LUMPUR: Malaysian business confidence rose slightly in the fourth quarter (Q4) of 2016, but remained subdued compared to previous years, according to the latest Global Economic Conditions Survey (GECS).
 •  Top foreign and local stories at 4pm
Top foreign and local stories at 4pm
 •  Japan should push back if Trump takes 'wrong' economic policies: PM Abe adviser
TOKYO: Japan should push back if President-elect Donald Trump bases trade and other economic policy on "wrong economics," an adviser to Prime Minister Shinzo Abe told Reuters in an unusually direct expression of concern about potential protectionism.
Updated: 22 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: 1204022 minutes ago
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