Sat10212017

LAST_UPDATEFri, 27 Oct 2017 9am

Euro Hits 6-Day High As U.S. Yields Fall; Kiwi Drops Most In A Year

Pic: Reuters

NEW YORK: The euro climbed to the highest in nearly a week on Thursday as U.S. Treasury yields fell, pulling back from a two-year high, with the dollar weakening further late in the day on a report that President Donald Trump was leaning toward Jerome Powell as the next chair of the Federal Reserve.

Read more: Euro Hits 6-Day High As U.S. Yields Fall; Kiwi Drops Most In A Year

Nissan's Inappropriate Inspections Started At Least 20 Years Ago: NHK

Pic: Reuters

TOKYO: Inappropriate inspection practices at Nissan Motor Co (7201.T) had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan’s second-biggest automaker.

Read more: Nissan's Inappropriate Inspections Started At Least 20 Years Ago: NHK

Oil Prices Edge Up On Signs Of Tightening Market

Pic: Reuters

SINGAPORE: Oil markets edged up on Friday, recovering some of the previous day’s losses, as analysts pointed to signs of a tightening market.

Read more: Oil Prices Edge Up On Signs Of Tightening Market

'Anemic' iPhone 8 Demand Drags Apple Shares Lower

Pic: ReutersApple Inc’s shares fell nearly 3 percent on Thursday on signs of weak demand for the iPhone 8 that caused analysts and investors to question the company’s staggered release strategy for its latest phones.

Read more: 'Anemic' iPhone 8 Demand Drags Apple Shares Lower

Billions In Tax Breaks Offered To Amazon For Second Headquarters

Pic: Reuters

Amazon.com Inc (AMZN.O) is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating in a company contest to pick a location for its second headquarters.

Read more: Billions In Tax Breaks Offered To Amazon For Second Headquarters

RM65.4 Bln Investments Approved In Services, Manufacturing, Primary Sectors In 1H17

KUALA LUMPUR -- Malaysia has approved RM65.4 billion worth of investments in the services, manufacturing and primary sectors in the first half of 2017 (1H17), a 28.2 per cent decrease compared with the RM91.2 billion in the same period last year. 

Read more: RM65.4 Bln Investments Approved In Services, Manufacturing, Primary Sectors In 1H17

Matrix Acquires Land In Port Dickson For RM27.06 Mln

KUALA LUMPUR -- Matrix Concepts Holdings Bhd’s wholly-owned subsidiary, BSS Development Sdn Bhd (BSS), has further acquired land in Port Dickson, Negeri Sembilan.

Read more: Matrix Acquires Land In Port Dickson For RM27.06 Mln

China's Chang'an Auto To Stop Sales Of Fossil Fuel Cars By 2025

CHONGQING (Southwest China) -- Chinese automaker Chang'an Auto announced Thursday it would stop selling traditional fossil fuel cars by 2025 and fully be engaged in new energy cars, China's Xinhua news agency reported.

Read more: China's Chang'an Auto To Stop Sales Of Fossil Fuel Cars By 2025

Honda Malaysia Appoints Ishiyama New MD, CEO

Katsuto Hayashi.

KUALA LUMPUR – Honda Malaysia Sdn Bhd has appointed Toichi Ishiyama as its new Managing Director (MD) and Chief Executive Officer (CEO), taking over from Katsuto Hayashi, effective Nov 1, 2017.

Read more: Honda Malaysia Appoints Ishiyama New MD, CEO

Airbus A330neo Plane Successfully Takes Off On Maiden Flight

TOULOUSE, France: Airbus began the maiden flight of its A330neo jetliner, a plane which is an upgraded version of its profitable A330 family and is designed to sharpen competition with the Boeing 787 Dreamliner.

Read more: Airbus A330neo Plane Successfully Takes Off On Maiden Flight