KUWAIT CITY: Gulf leaders meeting today will give the green light to a number of multi-billion-dollar economic projects, but it remains unclear whether they will also step in to ease the woes of debt-ridden Dubai.Politically, Yemen’s fight against Shiite rebels... more »

KUCHING: Gasoline Cafe’s (Gasoline) soft launching of its eighth outlet at tHe Spring shopping mall yesterday received tremendous response from the public who came to try out its offerings.Its founder Gavin Leong said that the restaurant practises what is called... more »

KUCHING: Working harder and putting in more commitment is the key to Choice Super Market Group’s future success.Its chairman Datuk Safri Awang Zaidel said though there are challenges all around towards that goal, he was confident that the group can... more »

TAIPEI: Taiwan and China do not plan to discuss letting their banks acquire stakes in each other when they meet to prepare a planned trade pact, the island’s top financial regulator said yesterday.The Economic Cooperation Framework Agreement (ECFA) will mainly... more »

BEIJING: China said yesterday it had ended an almost year-long bout of deflation in November while factory output picked up as the world’s third-largest economy powered ahead following the global crisis.Exports also fell at the slowest pace in a year,... more »

TOKYO: Panasonic Corp announced yesterday it had secured a controlling stake in smaller rival Sanyo Electric Co in a US$4.6-billion takeover that revamps Japan’s troubled electronics industry.The deal gives Panasonic Sanyo’s coveted environmental technologies such as rechargeable batteries — seen... more »

KUCHING: Global index providers FTSE Group (FTSE) and Bursa Malaysia Berhad (Bursa Malaysia) announced yesterday that Nestle Bhd (Nestle) will replace Parkson Holdings Bhd (Parkson) in the FTSE-Bursa Malaysia KLCI (Kuala Lumpur Composite Index), following the semi-annual review approved by... more »

WASHINGTON: Internet pioneer AOL returns to Wall Street yesterday after finalising its divorce from Time Warner and ending one of the most disastrous corporate marriages in history.AOL common stock begins trading on the New York Stock Exchange a little more... more »