RPT-Malaysia says it is keen for more ‘fair’ deals with China

(Repeats story published on Tuesday with no changes to text) KUALA LUMPUR, April 23 () – Malaysia is hopeful of getting more “fair” investment from China, its foreign minister said on Tuesday, after both countries agreed to resume two multi-billion dollar projects just before a Belt and Road conference in Beijing this week. Malaysian Prime

Related to buy AT&T’s WarnerMedia headquarters for $2.2 bln

FILE PHOTO: The Hudson Yards development, a residential, commercial, and retail space on Manhattan’s West side, during the grand opening in New York City, New York, U.S., March 15, 2019. /Brendan McDermid/File PhotoNEW YORK () – Developer Related Companies said on Tuesday one of its affiliates has agreed to buy the global headquarters of AT&T’s

Australia shares hover at 8-month high, NZ at record peak

* NZ shares at record high * Aussie dollar weakens ahead of inflation report * Gold and mining stocks down; CSL up 2.5 pct By Nikhil Nainan April 24 () – Australian shares were firmly perched at an eight-month high on Wednesday, supported by a strong performance on Wall Street, while a weaker Aussie dollar

China says will guarantee pensions amid warnings of funds drying up

SHANGHAI () – China will “fully guarantee” future pension payments, a government official told reporters, amid warnings from government researchers that funds could run out by 2035. China’s social security system is under increasing strain as a result of a rapidly ageing population and a shrinking workforce. The China Academy of Social Sciences (CASS), a

S.Korea proposes $5.9 bln fiscal stimulus to tackle air pollution, aid exports

SEJONG, South Korea () – South Korea announced a proposed 6.7 trillion won ($5.87 billion) supplementary budget on Wednesday to tackle unprecedented air pollution levels and to boost exports bruised by weak external demand amid the Sino-U.S. trade war. FILE PHOTO: Cho Eun-hye (R) and her one-and-a-half-year-old Korean Jindo dog Hari, both wearing masks, go

Govt, business should guard Internet together -British intelligence chief

FILE PHOTO: GCHQ Director Jeremy Fleming delivers a speech as he meets with Britain’s Queen Elizabeth during her visit at the Watergate House to mark the centenary of the GCHQ (Government Communications Head Quarters) in London, Britain, February 14, 2019. /Hannah McKay/PoolGLASGOW, Scotland () – The head of Britain’s GCHQ spy agency on Wednesday will

UPDATE 2-EBay raises forecast as redesign draws customers, boosts ad revenue

() – EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue. FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. /Beck DiefenbachThe company, facing intense competition from Amazon.com

Australia shares to rise on oil price support; NZ up

April 24 () – Australian shares are expected to edge higher at the open on Wednesday as rising oil prices will likely continue to underpin energy stocks, sentiment may also be buoyed by upbeat results on Wall Street. The local share price index futures rose 0.2 percent, a 3.6-point premium to the underlying S&P/ASX 200

UPDATE 1-Magnitude 6.1 quake hits India’s Assam region -USGS

(Adds details) April 24 () – A strong earthquake of magnitude 6.1 struck northeast India’s Assam region on Wednesday, the U.S. Geological Survey said. The quake’s epicenter was located 71 miles (114 km) northwest of the town of Dibrugarh, at a very shallow depth of 5.8 miles (9 km), the USGS said. The quake struck

UPDATE 1-EBay’s strong quarter, robust forecast send shares 5 pct higher

() – EBay Inc beat analysts’ quarterly revenue estimates and forecast second-quarter sales largely above expectations on Tuesday, as the company’s multi-year effort to make its ecommerce platforms more user friendly attracts more customers. FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. /Beck DiefenbachShares of

Magnitude 6.1 quake hits India’s Assam region -USGS

() – A strong earthquake of magnitude 6.1 struck northeast India’s Assam region on Wednesday, the U.S. Geological Survey said. The quake’s epicenter was located 70 miles (113 km) northwest of the town of Dibrugarh, at a shallow depth of 18.6 miles (30 km), the USGS said. Reporting by Sandra Maler in Washington, editing by

Egypt to turn to private sector to restore historic buildings

CAIRO () – Egypt’s government is drawing up a plan to turn over as many as 150 crumbling historic buildings to the private sector to refurbish and lease out for profit, the Minister of Public Enterprise said on Tuesday. FILE PHOTO: A general view of banks, hotels, office and residential buildings in the center of

U.S. accuses pair from China of stealing secrets, spying on GE

FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the company’s site of its energy branch in Belfort, France, February 5, 2019. /Vincent KesslerWASHINGTON () – A former engineer and a Chinese businessman have been charged with economic espionage and conspiring to steal trade secrets from General Electric Co to benefit China,

Lebanon PM Hariri: banks ready to help state carry out reforms

BEIRUT, April 23 () – Prime Minister Saad al-Hariri said on Tuesday he believed Lebanese banks were ready to give his government the financial support it needs, through low interest rates, to launch overdue economic reforms. Lebanon has one of the heaviest public debt burdens in the world at some 150 percent of gross domestic

UPDATE 2-Brazilian markets boosted as pension reform vote to go ahead

BRASILIA () – Brazil’s government reached a deal with lawmakers on Tuesday paving the way for a congressional committee to vote on its key pension reform bill later in the day, boosting investor sentiment and lifting local financial markets. FILE PHOTO: Brazil’s Secretary of Social Security Rogerio Marinho is seen as he leaves the Ministry

UPDATE 1-French insurer Covea seeks new reinsurance acquisitions

PARIS () – French co-operative insurer Covea, which in January dropped plans to buy reinsurer SCOR, on Tuesday said it was still interested in diversifying into reinsurance via acquisitions. Covea, which holds an 8.17 percent stake in SCOR, has said it does not plan to increase its stake after it abandoned its attempt to buy

The Coventry-designed Jaguar that’s officially a world beater

Jaguar’s all-electric I-Pace has cemented its position as a world-class car by claiming top spots and two more gongs in the ultimate automotive awards.The Coventry-designed I-Pace has become the first car to win three categories at the World Car Awards – including the coveted top spot. The I-Pace was declared World Car of the Year,

UPDATE 1-UK watchdog urges EU to make financial market access flexible

LONDON () – The European Union’s system of financial-market access needs adapting to avoid disputes between the EU and Britain over rules after Brexit, a top UK regulator said on Tuesday. FILE PHOTO: Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London, Britain