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April 13, 2018 12:02 AM Ikea offers Malaysian workers in Singapore extra day’s leave to head home to vote

The Election Commission’s announcement this week of the election date, which is a Wednesday, has triggered a scramble for bus and plane tickets among overseas Malaysians looking to travel home. — TODAY picSINGAPORE, April 13 — To help its Malaysian employees head home for Malaysia’s 14th general election on May 9, Swedish furniture giant Ikea said yesterday 8

April 9, 2018 7:44 AM British accounting watchdog to bite harder with £10m fines

The City of London financial district as seen with office skyscrapers in London January 25, 2018. — Reuters picLONDON, April 9 — The world's Big Four accounting firms will face potential fines of £10 million (RM54.5 million) or more for serious rule breaches from June, double the record penalty to date. The Financial Reporting Council (FRC) said today 9

March 28, 2018 2:24 AM Hong Kong stocks kick day off with losses

Floor traders monitor share prices during morning trading at the Hong Kong Stock Exchange in Hong Kong February 7, 2014. — Reuters picHONG KONG, March 28 — Hong Kong stocks sank in the first few minutes of trade this morning following two days of gains and after a plunge on Wall Street, where technology firms were the big losers. The Hang Seng Index 6

March 27, 2018 3:26 PM BMW faces US class action lawsuit over emissions

The logo of BMW is pictured during a media preview day at the Frankfurt Motor Show (IAA) in this September 10, 2013 file photo. — Reuters picFRANKFURT, March 27 — German carmaker BMW faces a class-action lawsuit filed in a New Jersey court today for alleged emissions cheating on diesel vehicles including its X5 and 330d models. “BMW’s representations 8

March 26, 2018 2:15 AM Uber agrees to sell Southeast Asia business to Grab after costly battle

SINGAPORE/SAN FRANCISCO: Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market. The deal marks the industry's first big consolidation in Southeast Asia, home to about 640 million people 6

March 23, 2018 1:58 PM Putrajaya touts Malaysians’ income growth, inching closer towards high-income nation goal

Malaysia narrowed its gap with the World Bank's defined amount for a high-income nation, as the country's Gross National Income (GNI) per capita reached US$9,660 (RM37,811) in 2017. — AFP picKUALA LUMPUR, March 23 ― Malaysia has made good progress towards its goal of becoming a high-income nation and the income of Malaysians have also grown since the launch 13

March 23, 2018 5:14 AM Bursa down at mid-day

KUALA LUMPUR, March 23 — Bursa Malaysia continued to trade lower at mid-day on concerns over a trade war. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 12.49 points lower at 1,864.38 from yesterday's close of 1,876.87. A dealer said US President Donald Trump signed a presidential memorandum yesterday that could impose tariffs of up to US$60 billion 8

March 22, 2018 8:53 AM Designed to be tough

THE SIXTH season of hit reality interior design series The Apartment, themed Passion For Design, premieres tonight on Sony Channel (unifi TV channel 457) at 9pm. The series focused on a different theme for each season, with the first – Style Edition – featuring contestants in pairs (brother-sister, friends, couples), while season five – Rising Stars 8

March 22, 2018 7:13 AM Australian media firms fail in Rebel Wilson bid

Australian comedian and actor Rebel Wilson reacts as she leaves the Victorian Supreme Court in Melbourne, Australia, June 15, 2017. — Reuters pic SYDNEY, March 22 — Six Australian media companies seeking to join the battle against a record AUD$$4.5 million (RM13.7 million) defamation payout to Hollywood star Rebel Wilson had their case knocked back today 9

March 16, 2018 2:50 PM US opposes taxes on big tech firms

EU officials have drafted the proposed digital tax that would hit US tech giants like Facebook, Amazon and Google amid accusations they divert European earnings to low-tax countries. ― Reuters picWASHINGTON, March 16 — The United States said today it “firmly opposes” any new tax aimed at big technology firms, in a sharp challenge to a European proposal 12