Sat10252014

LAST_UPDATESat, 25 Oct 2014 3pm

Industry Body Head: Growth In China’s Auto Market To Halve To 7Pc In 2014

China Association of Automobile Manufacturers (CAAM) had forecast China's auto market, which grew by 13.9 per cent last year, to expand at 8.3 per cent in 2014. /pic: ReutersSHANGHAI - Growth in China's auto market, the world's biggest, will halve to 7 per cent this year weighed down by a slowing economy, the head of an industry body said today.

Read more: Industry Body Head: Growth In China’s Auto Market To Halve To 7Pc In 2014

Ghosn: Expect More Auto Recalls As Manufacturers Work To Keep Customers Happy

Carlos GhosnSHANGHAI - Consumers can expect more auto recalls as manufacturers work to keep customers happy and ensure minimal fuss over quality issues, says Carlos Ghosn, chief executive officer of Nissan Motor Co and Renault SA.

Read more: Ghosn: Expect More Auto Recalls As Manufacturers Work To Keep Customers Happy

Malaysia Joins 20 Nations To Set Up AIIB

Pic: NSTMALAYSIA has joined 20 proposed founding member countries to set up Asian Infrastructure Investment Bank (AIIB) with an initial authorised capital of US$50 billion (RM164 billion).

Read more: Malaysia Joins 20 Nations To Set Up AIIB

WSJ: Ralph Nader Urges Apple To Raise Wages, Reduce Spending On Share Buybacks

According to a report, Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages. NEW YORK: Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported yesterday.

Read more: WSJ: Ralph Nader Urges Apple To Raise Wages, Reduce Spending On Share Buybacks

Apple CEO Says Had 'Very Open' Privacy Talks In China - Xinhua

Tim Cook gestures as he speaks at Tsinghua University in Beijing.   -Reuters picAPPLE INC Chief Executive Tim Cook was quoted on Friday as saying he had "very open" talks on privacy and security with a senior Chinese official, days after a web monitoring group linked the government to a hack into Apple's iCloud service in China.

Read more: Apple CEO Says Had 'Very Open' Privacy Talks In China - Xinhua

Microsoft Sales Beat Street Hopes, Cloud Profits Up

Satya Nadella speaks during a Microsoft cloud briefing event in San Francisco.   -Reuters picMICROSOFT Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

Read more: Microsoft Sales Beat Street Hopes, Cloud Profits Up

Stress Tests, Ebola Cool Global Stocks After Best Week Of Year

 -Reuters picWORLD stocks dipped on Friday, as European bank stress test results due at the weekend and New York City's first case of Ebola prompted investors to lock in profits after the best week for shares in well over a year.

Read more: Stress Tests, Ebola Cool Global Stocks After Best Week Of Year

Pay Cut For Honda Executives After 5th Hybrid Recall

The 2014 Honda Accord Hybrid, which was named 'Green Car of the Year', is pictured at the Los Angeles Auto Show in Los Angeles, California, November 21, 2013. — Reuters picTOKYO: Honda Motor Co said yesterday its president and 12 other executives would take an unprecedented, quality-related pay cut after the Japanese automaker announced the fifth recall in a year of its new Fit hybrid model.

Read more: Pay Cut For Honda Executives After 5th Hybrid Recall

GST Registration At 102,979 As Of October 23

Pic: www.themalaysiantimes.com.myKUALA LUMPUR: The number of companies registering for the Goods and Services Tax (GST) was at 102,979 as of October 23, an increase of 2,192 from the previous day, said the Royal Malaysian Customs Department.

Read more: GST Registration At 102,979 As Of October 23

Malaysian Group Acquires Turkish Airport

The Malaysia Airports Holding used its pre-emptive rights to buy an additional 40 percent stake in Turkey's Sabiha Gokcen Airport, the company said Wednesday.

Read more: Malaysian Group Acquires Turkish Airport