Sat11252017

LAST_UPDATESat, 25 Nov 2017 3pm

Nissan Blames Staff Shortage For Improper Tests, Plans More Inspectors

Pic: ReutersYOKOHAMA: Nissan Motor Co Ltd on Friday blamed a staff shortage for improper final inspections at its car plants in Japan for over 20 years, and said it would increase the number of trained staff as part of a plan to improve compliance.

Read more: Nissan Blames Staff Shortage For Improper Tests, Plans More Inspectors

GDP Sees 6.2 Per Cent Growth In Third Quarter 2017 - Najib

Pic: BernamaPUTRAJAYA: Malaysia recorded a 6.2 per cent growth in Gross Domestic Product (GDP) in the third quarter of this year, an achievement that proves that the country's economic management is on track, said Datuk Seri Najib Tun Razak.

Read more: GDP Sees 6.2 Per Cent Growth In Third Quarter 2017 - Najib

Petronas Promises Smooth Drive With New Oil

KUALA LUMPUR  -- Petronas Dagangan Bhd (PDB) today launched its enhanced Dynamic Diesel Euro 5 with Pro-Drive, promising a smoother drive and superior fuel economy.

Read more: Petronas Promises Smooth Drive With New Oil

Malaysia On Track To Register Stronger Growth -- BNM

KUALA LUMPUR – The Malaysian economy is on track to register higher growth of 5.2 – 5.7 per cent in 2017 compared to 4.2 per cent in 2016, given the continued strong performance in the third quarter.

Read more: Malaysia On Track To Register Stronger Growth -- BNM

Tesla To Unveil Electric Big-Rig Truck In Midst Of Model 3 Factory 'Hell'

Pic: ReutersSAN FRANCISCO: Tesla Inc on Thursday will unveil a prototype electric big-rig truck, which may be able to drive itself, throwing the company into a new market even as it struggles to roll out an affordable sedan central to the company’s future.

Read more: Tesla To Unveil Electric Big-Rig Truck In Midst Of Model 3 Factory 'Hell'

Bitcoin Is A Bubble, No Plans To Short-Sell: Japan Post Bank CIO

Pic: ReutersTOKYO: Bitcoin is in a bubble and its fair value should be around $100, or about 99 percent below the current level, Katsunori Sago, chief investment officer of Japan Post Bank said on Thursday.

Read more: Bitcoin Is A Bubble, No Plans To Short-Sell: Japan Post Bank CIO

Asian Shares Gain As Earnings, Tax Debate Help U.S. Stocks

TOKYO: Asian shares rose on Friday as strong U.S. earnings and a step forward in the U.S. Congress on tax reform brightened the mood, even though investors noted that many more hurdles must be passed to reach a final deal on tax cuts.

Read more: Asian Shares Gain As Earnings, Tax Debate Help U.S. Stocks

Tesco To Distribute 55,000 Discount Vouchers To Students In 61 Adopted Schools

PETALING JAYA -- Tesco Stores (Malaysia) Sdn Bhd is giving out 55,000 exclusive discount vouchers to 61 schools in Peninsular Malaysia in conjunction with the ‘Bijak Segak Kembali Ke Sekolah’ campaign from today until Dec 6.

Read more: Tesco To Distribute 55,000 Discount Vouchers To Students In 61 Adopted Schools

Dollar Steadies As Risk Aversion Ebbs, Yields Rise

TOKYO: The dollar steadied on Friday after coming off the week’s lows against its peers as earlier risk aversion in global financial markets receded, pushing up U.S. yields.

Read more: Dollar Steadies As Risk Aversion Ebbs, Yields Rise

Bank Rakyat Foundation Mulls Sponsoring More Students

KOTA BHARU  -- The Bank Rakyat Foundation is considering increasing the number of students under its sponsorship through its Convertible Education Financing (PPBU) this year.

Read more: Bank Rakyat Foundation Mulls Sponsoring More Students