Sat11252017

LAST_UPDATESat, 25 Nov 2017 2am

Asean Airports Set For Travel Boom

Pic: NST

SIX Asean member countries are poised for aggressive growth in their aircraft fleet count and new airport infrastructure.

Read more: Asean Airports Set For Travel Boom

US VR Global Inc Announces Strategic Partnerships With Three Leading Brands In Korea For Hero Central – One Of The World’s Largest Virtual Reality Parks

KUALA LUMPUR: US VR Global Inc, recently announced its strategic partnerships with not one, but three world-class digital, user-centred experience creators in Korea.

Read more: US VR Global Inc Announces Strategic Partnerships With Three Leading Brands In Korea For Hero...

Proton Sales Jump 13pc To 5,083 Units In October

Pic: NST

KUALA LUMPUR: Proton Holdings Bhd sold 13 per cent more vehicles last month from September, driving its 10-month sales six per cent higher to 61,380 units from 57,734 a year ago.

Read more: Proton Sales Jump 13pc To 5,083 Units In October

Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source

Pic: Reuter (A sign on the Qualcomm campus is seen, as chip maker Broadcom Ltd announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion, in San Diego, California, U.S. November 6, 2017.)

BRUSSELS - U.S. smartphone chipmaker Qualcomm (QCOM.O) is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors (NXPI.O) and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said.

Read more: Exclusive: Qualcomm set to win conditional Japanese antitrust okay for NXP deal - source

Setbacks And Naysayers Begone! Bitcoin Breaks $8,000 On Investor Confidence

Bitcoin broke through the $8,000 price mark this morning, reaching an all-time high of $8,100, thumbing its nose at the growing chorus of doomsayers reacting to the financial industry’s rising interest in the cryptocurrency. The price in the afternoon had dipped below the $8,000 mark, but the past week’s trend has been positive.

Read more: Setbacks And Naysayers Begone! Bitcoin Breaks $8,000 On Investor Confidence

Euro Slides After German Coalition Talks Break Down

Pic: Reuters

SINGAPORE: The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel’s efforts to form a three-way coalition government failed, raising concerns over political uncertainty in the euro zone’s largest economy.

Read more: Euro Slides After German Coalition Talks Break Down

Despite Amazon, Brick Stores Are Not Dead Yet

Pic: ReutersNEW YORK: Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail.

Read more: Despite Amazon, Brick Stores Are Not Dead Yet

Asian Shares Subdued After Wall Street Retreats, Euro Slips

TOKYO: Asian shares started the week on the back foot on Monday, pressured by a retreat on Wall Street amid tax reform uncertainty while the euro skidded after German coalition talks hit an impasse.

Read more: Asian Shares Subdued After Wall Street Retreats, Euro Slips

Toshiba Shares Drop After Plan To Issue $5.4 Billion In New Shares

Pic: Reuters

TOKYO: Shares of Toshiba Corp fell nearly 5 percent early on Monday, a day after the troubled conglomerate said it would raise 600 billion yen ($5.4 billion) from a sale of new shares in a key step that would allow it to stay publicly traded.

Read more: Toshiba Shares Drop After Plan To Issue $5.4 Billion In New Shares

US: Honda Recalls 800,000 Odyssey Minivans Because Of Seat Latches

Honda announced Saturday that it was recalling about 800,000 Odyssey minivans in the United States because of problems with locking adjustable seats into place.

Read more: US: Honda Recalls 800,000 Odyssey Minivans Because Of Seat Latches