Fri10312014

LAST_UPDATEFri, 31 Oct 2014 4pm

Japan’s Inflation Slows Down In September, Consumers Tighten Spendings

TOKYO - Japanese inflation slowed further in September as consumers tightened their purse strings, data showed today, fuelling concerns that a tax hike this year could detail the nation's economic recovery.

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Redefining Melbourne’s Skyline

UEM Sunrise Bhd’s Aurora Melbourne Central project on La Trobe Street in Melbourne, its first Australian development, has gone beyond the epitome of location.

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Linkedin Shares Climb On Membership, Sales Growth

The career networking website got a 45% sales bump in the third quarter.

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Tokyo Disneyland And DisneySea To Get $4.6-Billion Expansion

Mickey Mouse and Minnie Mouse characters wave to visitors during the annual Disney characters' procession at the Tokyo Disneyland in Urayasu, near Tokyo. The owner of the park plans a major expansion and renovation. (Shizuo Kambayashi / Associated Press)Oriental Land Co., the owner of Tokyo Disneyland and DisneySea, has announced plans to invest $4.6 billion to expand and improve the two theme parks in Japan over the next 10 years.

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Minor Impact From Gas Price Hike Expected

Pic:www.transitpetroleum.comPETALING JAYA: The 2.3% increase in natural gas tariff for the non-power sector effective Nov 1, 2014 will have minimal impact on the steel and rubber glove industries, said Hong Leong Investment Bank Research.

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DBS Reports Q3 Profit Growth As Interest Income Gains

DBS Group Holdings Ltd’s profit has rised for a third straight quarter as Southeast Asia’s largest lender boosted interest income and fees from wealth management and credit cards/Pic:MMSINGAPORE: DBS Group Holdings Ltd reported a third straight quarter of profit growth as Southeast Asia’s largest lender boosted interest income and fees from wealth management and credit cards.

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Starbucks’drink Re-Launch Fails To Heat Up Business, Shares Plummet

World's biggest coffee chain Starbucks said a 1 per cent increase in traffic contributed to a 5 per cent gain in sales for Americas-region cafes open at least 13 monthsNEW YORK: Starbucks Corp's early re-launch of its popular Pumpkin Spice latte drink failed to heat up business at its US cafes, disappointing Wall Street and sending the company's shares down almost 5 per cent.

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KL Ranks 4th In Affordable Urban Transport

Pic: www.skyscrapercity.comSINGAPORE: Kuala Lumpur has been named the fourth most affordable of 60 cities ranked in the Urban Transit Price Index by Berlin-based travel search website for Europe, GoEuro.

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Xiaomi Ranked 3rd For Global Sales

Pic: www.dazeinfo.comBEIJING: China’s Xiaomi Inc has become the world’s third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study.

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China’s Baidu Aims For More Mobile Investment After Posting Lower Q3 Profit

Baidu hopes to make higher profits by adapting its business to the mobile era. — AFP pic BEIJING: China’s dominant search engine Baidu Inc said it would continue to invest significantly to adapt its business to the mobile era, a transition that has tripped up other Internet peers born in the desktop PC era like Google Inc.

Read more: China’s Baidu Aims For More Mobile Investment After Posting Lower Q3 Profit