Wed02212018

LAST_UPDATEWed, 21 Feb 2018 12am

Amazon Paid $90 Million For Camera Maker's Chip Technology - Sources

Pic: ReutersSAN FRANCISCO: Amazon.com Inc paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the startup’s energy-efficient chips, people familiar with the matter told Reuters.

Read more: Amazon Paid $90 Million For Camera Maker's Chip Technology - Sources

Oil Prices Rise 1 Percent As Stocks Markets Steady

SINGAPORE: Oil prices rose by 1 percent on Monday, recovering some of last week’s steep losses as Asian stock markets found a footing after days of chaotic trading.

Read more: Oil Prices Rise 1 Percent As Stocks Markets Steady

Ajinomoto To Buy Land In Tabung Haji Development For RM86.1m

PETALING JAYA: Ajinomoto (Malaysia) Bhd proposes to purchase land in [email protected] Negeri Sembilan from Lembaga Tabung Haji and THP Enstek Development Sdn Bhd for RM86.1 million cash, to build a new manufacturing facility.

Read more: Ajinomoto To Buy Land In Tabung Haji Development For RM86.1m

ECRL - Connecting The Dots

KUALA LUMPUR: The country’s infrastructure sector is set to see another thriving year with big-ticket projects such as the RM55 billion East Coast Rail Link (ECRL) taking shape, making it among the final piece of the puzzle to enable 30 million Malaysians to travel seamlessly.

Read more: ECRL - Connecting The Dots

Malaysia's Aerospace Manufacturing Exports To Top RM9b

Pic: NST (Malaysia's aerospace manufacturing exports is seen to top RM9 billion this year, a progression from last year's RM8.49 billion, Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said.)

KUALA LUMPUR: Malaysia's aerospace manufacturing exports is seen to top RM9 billion this year, a progression from last year's RM8.49 billion, Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said.

Read more: Malaysia's Aerospace Manufacturing Exports To Top RM9b

EPF Eyes Latin America As New Investment Destination

Filepic: Sinar HarianKUALA LUMPUR: The Employees Provident Fund (EPF) is eyeing expansion into the Latin American market as part of its efforts at boosting its global assets portfolio to 32 per cent this year from 28 per cent in 2017.

Read more: EPF Eyes Latin America As New Investment Destination

Citigroup To Invest In London, Hire Staff Despite Brexit

LONDON: Wall Street bank Citigroup Inc will set up an innovation centre in London in one of the first investments by a big U.S. bank since Brexit, the Financial Times reported on Sunday.

Read more: Citigroup To Invest In London, Hire Staff Despite Brexit

Disney Raises Prices Of Some U.S. Theme Park Tickets

Pic: Euro News

NEW YORK - Walt Disney Co said on Sunday it was changing the admission price for its U.S. theme parks, raising the cost of some single-day tickets by almost 9 percent.

Read more: Disney Raises Prices Of Some U.S. Theme Park Tickets

Global Shares Try To Steady, Bonds Fret On U.S. Inflation

Pic: Reuters

SYDNEY: Asian share markets were struggling to find their footing on Monday as investors fretted about the risks from looming U.S. inflation data, although early gains on S&P futures offered a sliver of support.

Read more: Global Shares Try To Steady, Bonds Fret On U.S. Inflation

IMF's Lagarde Says Market Swings Aren't Worrying, But Wants Reforms

Pic: ReutersDUBAI: Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still needed to avert future crises, the managing director of the International Monetary Fund said on Sunday.

Read more: IMF's Lagarde Says Market Swings Aren't Worrying, But Wants Reforms