Wed11262014

LAST_UPDATEWed, 26 Nov 2014 10am

Japan Wants Higher Wages

Pic: APTOKYO: Japan’s central bank governor has urged companies to raise wages and investment to aid the country’s efforts to overcome deflation.

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EITA Gets RM79m Contrat From MRT Corp

Pic: www.eita.com.myPETALING JAYA: Elevators and busduct manufacturer EITA Resources Bhd's wholly-owned subsidiary, EITA Elevator (Malaysia) Sdn Bhd has awarded a RM79 million contract to provide escalator and travelator system for all underground station for the MRT Sungai Buloh-Kajang Line.

Read more: EITA Gets RM79m Contrat From MRT Corp

Teraju To Focus On Property Ownership Among Bumiputeras

Pic: The Sun DailyKUALA LUMPUR: The Bumiputera Agenda Steering Unit (TERAJU) which has disbursed RM46.5 billion worth of business opportunities, financing and human capital development for bumiputera companies, plans to focus on the property segment moving forward from its entrepreneurship initiatives.

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Affordable EVs Below RM100k In 2017

Pic: The Sun DailyKUALA LUMPUR: An electric vehicle (EV) prototype, a collaboration between local and overseas companies is in the works to kickstart EV production in the country in 2016 with a price tag below RM100,000.

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ERL Buys 6 New Trains From China’s CRC

Pic: The Sun DailyKUALA LUMPUR: Express Rail Link Sdn Bhd (ERL) has purchased six new trains from China-based Changchun Railway Vehicles Co Ltd (CRC) to cater to the ridership growth of KLIA Ekspres and KLIA Transit services, which is expected to hit nine million passengers this year.

Read more: ERL Buys 6 New Trains From China’s CRC

US Economy Grew Robust 3.9pc In Third Quarter

The Commerce Department said the world’s largest economy clocked a 3.9 per cent annual growth rate in the July-September period. — TMMONEW YORK: Growth in the US economy in the third quarter was far stronger than thought, official data showed yesterday, further distancing the United States from the ailing eurozone and Japan.

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Germany Manages To Show Growth, Euro Advances

The euro was up against the US dollar for a second day running. — Reuters pic NEW YORK: The euro yesterday gained on the dollar for a second day running after data showed that Germany's economy returned to growth in the third quarter.

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Apple Market Value Hits US$700b

Apple is the first company to hit that milestone. — Reuters picNEW YORK: A rise in Apple shares yesterday pushed the market value of the trend-setting US tech icon above US$700 billion (RM2.34 trillion), becoming the first company to hit that milestone.

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IMF: Growth Prospects Still Strong

Pic: www.sticholidays.comKUALA LUMPUR: The International Monetary Fund (IMF) said Malaysia’s growth prospects remain strong but structural reforms may be required to maintain the performance, especially against a backdrop of weaker growth in advanced economies.

Read more: IMF: Growth Prospects Still Strong

Contraves Bags £3.88m Job From Boustead Naval

Pic: NSTKUALA LUMPUR: Boustead Heavy Industries Corp Bhd’s (BHIC) indirect subsidiary, Contraves Advanced Devices Sdn Bhd, has been awarded a £3.88 million (RM20.37 million) contract by Boustead Naval Shipyard Sdn Bhd to supply combat system equipment and related services.

Read more: Contraves Bags £3.88m Job From Boustead Naval