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Berita Tempatan

Business

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Micron appoints Durcan CEO after Appleton's death

reuters.com -

The quick appointment of Durcan, 51, as permanent CEO came just a week after the company announced he would retire in August.

Eurogroup's Juncker warns of possible Greece default

reuters.com -

The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker said.

North Korea stresses power of advertising

afp.com -

The quarterly magazine Economic Research said in its October edition that advertising is crucial in increasing exports.

Martha Stewart Living says Macys deal has loophole

reuters.com -

The loophole is that the company can sell any product from a Martha Stewart Living Store, the company said.

Facebook's Zuckerberg to keep iron grip after IPO

reuters.com -

Facebook made it clear CEO Mark Zuckerberg will exercise almost complete control over the company.

VW eyes Malaysia to beef up SE Asia presence

afp.com -

Volkswagen is in talks with its Malaysian partner DRB-Hicom to expand cooperation and beef up the German car maker's presence in SE Asia.

Sony sees $2.9 billion loss, new CEO warns of pain

reuters.com -

Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss.

Worst yet to come for China growth: economist

reuters.com -

Facing stiff global headwinds and a downturn in its property sector, China should cut taxes.

Lynas shares surge after Malaysia approves plant

afp.com -

Shares in Australian miner Lynas soared after Malaysia approved a controversial rare earths plant to be be built.

Malaysia scanners to stem money smuggling

afp.com -

Malaysia is installing scanners to detect bank notes at airports and border crossings to curb illegal money outflows.

Japan's Nomura loses $274 million in Europe

afp.com -

Japan's top brokerage Nomura said Wednesday its operations in debt-hit Europe lost 20.94 billion yen.

EU opens antitrust probe against Samsung

afp.com -

European regulators opened an antitrust probe against Samsung Electronics to determine whether the S. Korean group has distorted competition

Starbucks to open in India

afp.com -

Starbucks, the world's largest coffee shop chain, has plans for at least 50 outlets by the end of 2012.

Irish voters would back EU fiscal treaty

reuters.com -

Irish voters would narrowly back a proposed European Union treaty to tighten budget rules if it was put to a referendum.

'We care about every worker': Apple CEO

afp.com -

Apple chief executive Tim Cook has responded to media reports alleging harsh working conditions in China for manufacturing employees.

Japan telecom bosses take pay cuts for system woes

afp.com -

The president and five other top executives of Japan's biggest mobile phone operator will take pay cuts.

Smartphones power Samsung to record profit

afp.com -

South Korea's Samsung Electronics reported a record operating profit of $4.72 billion.

Nintendo sees first annual loss, cuts 3DS forecast

reuters.com -

Nintendo Co Ltd posted a sharp drop in quarterly profit and forecast a bigger-than-expected full-year loss.

S.Korea tightens inspections to cut working hours

afp.com -

The labour ministry said it would this year tighten its regular checks on working hours to improve people's quality of life.

Van Gogh auction in India as dealers target new money

afp.com -

Indian collectors don't necessarily have access to this sort of work but they have grown up with these big names.

Celebrities and their Chinese zodiacs

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Change your passwords on Feb 1

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Style Icon: DJ Lady S

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