Fri11282014

LAST_UPDATEFri, 28 Nov 2014 10pm

Indian Economic Growth Slows To 5.3%

Getty ImagesThe Indian economy grew at an annual pace of 5.3% in the three months to the end of September, down from 5.7% in the previous quarter, figures show.

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Smartphone Subscription Set To Soar In M'sia

Todd AshtonPETALING JAYA: Ericsson expects smartphone subscriptions to increase 10 per cent over the next six months in Malaysia after a research revealed a tremendous rise of smartphone users.

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Are GoPro Camera Drones Coming?

Pic: Shutterstock

A Wall Street Journal report claims that the leading action camera company is planning to take its product range to another level, literally.

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Jetstar Japan Gets A Boost With A$114m Fund From Qantas, Japan Airlines

Jetstar Japan, a joint venture between Qantas, Japan Airlines, Mitsubishi Corp and Century Tokyo Leasing Corp, began flights in the world’s third-largest economy in July 2012. — Reuters pic SYDNEY: Qantas Airways Ltd and Japan Airlines Co Ltd are injecting A$114 million (RM326.0 million) into Jetstar Japan to bolster its growth as the low-cost carrier prepares to start international flights next year.

Read more: Jetstar Japan Gets A Boost With A$114m Fund From Qantas, Japan Airlines

Argentina Charges HSBC With Aiding Tax Evasion

Pic: WSJARGENTINA'S tax agency has charged British bank HSBC with helping more than 4,000 Argentines to commit tax evasion by stashing money in secret Swiss accounts, officials said Thursday.

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Bank Negara Refutes UNDP Report, Says Figures "Partial"

Pic: www.exchangerate.myKUALA LUMPUR: Bank Negara Malaysia (BNM) has dismissed a recent report sponsored by the United Nations Development Programme (UNDP) and the Economic Planning Unit, which found that a majority of Malaysians have no financial assets and no banking or financial account of any kind, saying it did not take into account the country's shadow banking system, Governor Tan Sri Dr Zeti Akhtar Aziz said.

Read more: Bank Negara Refutes UNDP Report, Says Figures "Partial"

Australia, NZ Dollar Heads For Second Week Of Losses On Oil Slide

The Aussie was nursing hefty losses against the euro and pound which both gained more than 2 per cent this week. — AFP pic SYDNEY: The Australian and New Zealand dollars were heading for a second week of losses today, weighed by a drop in oil prices, while bonds were in demand as a muted outlook for inflation globally pushed yields to 18-month lows.

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Jentayu’s Sketchy Proposal

Pic: NST/BernamaOUT of the blue, 3-month-old Jentayu Danaraksa announced it wants to complement Khazanah Nasional Bhd’s 12-point plan to save Malaysia Airlines (MAS).

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90pc Have Savings Accounts, Says BNM

Pic: NSTBANK Negara Malaysia has dismissed concerns over the level of Malaysian household savings, saying the central bank’s data shows about 90 per cent of households have savings accounts.

Read more: 90pc Have Savings Accounts, Says BNM

Prasarana Secures Mecca Metro Rail Contract

Pic: NSTPRASARANA Malaysia Bhd (Prasarana), the country’s largest public transport asset owner, has won the bid to be the “shadow operator’’ for Phase One of the Mecca Public Transport Programme Metro (Mecca Metro) in Saudi Arabia, beating contenders from Turkey and South Korea, among others.

Read more: Prasarana Secures Mecca Metro Rail Contract