Thu02222018

LAST_UPDATEWed, 21 Feb 2018 10pm

USITC Says Launches Probe Of Allegations Of Patent Infringement By Apple

Pic: ReutersWASHINGTON: The U.S. International Trade Commission said on Tuesday it had launched an investigation into allegations of patent infringement by Apple Inc on various devices.

Read more: USITC Says Launches Probe Of Allegations Of Patent Infringement By Apple

Nazir Razak: 'So Many Restrictions' On Data Movement In Asean

Pic: InstagramKUALA LUMPUR: CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak said data is the heart of the Fourth Industrial Revolution (4IR) but there are so many restrictions on data movement across the Association of Southeast Asian Nations (Asean) region today.

Read more: Nazir Razak: 'So Many Restrictions' On Data Movement In Asean

Japanese Business Sentiment In Malaysia Recovers For The First Time In Three Years

KUALA LUMPUR: Business sentiment of Japanese companies in Malaysia has recovered for the first time in three years and is likely to improve further into 2018, says the Japanese Chamber of Commerce of Malaysia (JACTIM).

Read more: Japanese Business Sentiment In Malaysia Recovers For The First Time In Three Years

Home Depot Lifts Full-Year Forecasts On Boost From Hurricanes

Pic: Reuters

Home Depot Inc (HD.N), the largest U.S. home improvement chain, on Tuesday raised its full-year profit and sales forecast again after hurricanes Harvey and Irma spurred demand for generators, flashlights and rebuilding materials.

Read more: Home Depot Lifts Full-Year Forecasts On Boost From Hurricanes

Malaysia Employees Set For A Boost In Real Salary Increases Next Year: ECA International

Pic: NST

KUALA LUMPUR: Employees in Malaysia look set for a boost in real salary increases as inflation is forecast to fall back slightly, according to the latest Salary Trends survey by ECA International (ECA).

Read more: Malaysia Employees Set For A Boost In Real Salary Increases Next Year: ECA International

M'sian And Dutch JV On Big Data Business

AMSTERDAM: Malaysia Infocomm Foundation (MIF) and Xomnia B.V. of the Netherlands signed a framework cooperation agreement on Monday to set up a joint venture (JV) company in Malaysia specialising in the big data business.

Read more: M'sian And Dutch JV On Big Data Business

Big Money Is Coming To Bitcoin: Ex-Fortress Executive Novogratz

Pic: ReutersNEW YORK: Mike Novogratz, the former macro hedge fund manager at Fortress Investment Group who has joined the mad dash for crypto-currencies, said on Monday that mainstream institutional investors are about six to eight months from adopting bitcoin.

Read more: Big Money Is Coming To Bitcoin: Ex-Fortress Executive Novogratz

CIMB Heightens Security Measures To Safeguard Customers' Transactions

KUALA LUMPUR -- CIMB Group Holdings Berhad (“CIMB”) on 13 November 2017 has announced that several magnetic tapes containing back-up data were physically lost in transit during routine operations. Some of these tapes contain customer information of CIMB Bank and its subsidiaries.

Read more: CIMB Heightens Security Measures To Safeguard Customers' Transactions

Tesla Hit By Class-Action Lawsuit Claiming Racial Discrimination

Pic: ReutersU.S. automaker Tesla Inc on Monday was hit with a class-action lawsuit claiming its California production plant is a “hotbed for racist behavior.”

Read more: Tesla Hit By Class-Action Lawsuit Claiming Racial Discrimination

FDI Flows To ASEAN Dip 20% In 2016

Filepic: Getty Images

Foreign direct investments (FDI) flows to ASEAN fell by 20 percent to $96.7 billion in 2016, the second consecutive year of decline, from $120 billion in 2015, with the Philippines posting the highest growth to become 4th largest FDI recipient among the 10-ASEAN countries, according to the ASEAN Investment Report 2017 .

Read more: FDI Flows To ASEAN Dip 20% In 2016