Mon02202017

LAST_UPDATEMon, 20 Feb 2017 12am

Yen Slips After Trump-Abe Meet, Asian Shares Firm

TOKYO: The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security and jobs in a smooth meeting with Japanese Prime Minister Shinzo Abe, with no mention of currency policy.

Read more: Yen Slips After Trump-Abe Meet, Asian Shares Firm

Samsung Chief Appears For Second Round Of Questions In Graft Probe

SEOUL: Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor’s office for questioning on Monday as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye.

Read more: Samsung Chief Appears For Second Round Of Questions In Graft Probe

Japan’s Economy Gets Trade Boost In Fourth Quarter, Trump Poses Risks

TOKYO: Japan’s economy grew for a fourth straight quarter in the final three months of last year thanks to strong exports, though weak private consumption and rising protectionism in the United States suggested a sustainable recovery could be some way off.

Read more: Japan’s Economy Gets Trade Boost In Fourth Quarter, Trump Poses Risks

UK Employers Worry That EU Workers Will Leave This Year

LONDON: More than a quarter of employers in Britain say staff members from other European Union countries have considered leaving their firms or the country in 2017 after last year’s Brexit vote, an industry group said on Monday.

Read more: UK Employers Worry That EU Workers Will Leave This Year

Proton’s Foreign Partner Proposal Deadline Is This Wed

Prime Minister Datuk Seri Najib Tun Razak launching the fourth generation Perdana model in June last year. Filepic

Much have been said about Proton’s potential foreign strategic partners (FSP), even though the national carmaker has till now not named any party directly, and the proposals from its suitors are yet to come in. The latter will happen very soon though, if not already, as the deadline for proposals to be submitted to Proton is February 15, which is this Wednesday.

Read more: Proton’s Foreign Partner Proposal Deadline Is This Wed

Felda To Sell RM543m Hotel

Pic: BernamaPETALING JAYA: Felda is in the process of selling a hotel in London worth about RM543 million, said its chairman Tan Sri Shahrir Abd Samad.

Read more: Felda To Sell RM543m Hotel

Soon Time To Watch For Rising Global Inflation?

LONDON: The global economy has weathered the new US administration’s sweeping challenges to the status quo with surprising aplomb given serious threats made to world trade, but what is not so clear is how much longer inflation will remain stubbornly low.

Read more: Soon Time To Watch For Rising Global Inflation?

Felda Did Not Lose RM4.3b As Reported: Shahrir

JOHOR BARU: Felda chairman Tan Sri Shahrir Abdul Samad today clarified that the agency had not lost RM4.3 billion as reported.

Read more: Felda Did Not Lose RM4.3b As Reported: Shahrir

Disney Hikes Some US Park Ticket Prices Up To 4.9%

SAN FRANCISCO: Walt Disney Co is raising the admission price for its US theme parks by as much as US$5 for some single-day tickets starting on Sunday.

Read more: Disney Hikes Some US Park Ticket Prices Up To 4.9%

Six Gulf nations aiming for simultaneous VAT adoption in January

DUBAI: Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start of next year, despite administrative and technical obstacles, a senior United Arab Emirates finance official said on Sunday.

Read more: Six Gulf nations aiming for simultaneous VAT adoption in January