Tue09162014

LAST_UPDATETue, 16 Sep 2014 10am

Australia's Treasury Wines Estates In Bidding War

TWE is the firm behind Australia's most recognised winemaker, Penfolds. Pic: BBC News THE offer is worth A$3.4bn (£1.88bn; $3.17bn) and has come from an as-yet unnamed global private equity firm.

Read more: Australia's Treasury Wines Estates In Bidding War

Amazon Stops Some Disney Movie Preorders - WSJ

Amazon CEO Jeff Bezos is silhouetted during a presentation of his company's new Fire smartphone at a news conference in Seattle, Washington June 18, 2014. Pic: Reuters AMAZON.com Inc (AMZN.O) has halted pre-orders of some Disney movies, the Wall Street Journal reported, in what appears to be another contract dispute after the online retailer began a protracted spat with publisher Hachette Book Group this year.

Read more: Amazon Stops Some Disney Movie Preorders - WSJ

Oil Prices Higher Amid Iraq Focus

Pic: www.lowpostnews.comSINGAPORE: Oil prices rose in Asia Monday as dealers monitor sustained US air strikes on extremist militants in Iraq who are threatening the crude-rich Kurdish region, analysts said.

Read more: Oil Prices Higher Amid Iraq Focus

Construction Posts 10.8pc Growth In Q2

Pic: www.themalaysiantimes.com.myKUALA LUMPUR: The construction sector recorded a 10.8 per cent growth in the second quarter to chalk RM25.17 billion worth of work undertaken.

Read more: Construction Posts 10.8pc Growth In Q2

China Thwarts U.S. Bid To Ease Tensions In South China Sea

Pic: simple.wikipedia.orgChina’s rejection of U.S. and Philippine proposals to regulate countries’ behavior in the South China Sea signaled tensions are likely to persist in one of the world’s busiest shipping lanes.

Read more: China Thwarts U.S. Bid To Ease Tensions In South China Sea

Osim To Add Stores With Franchise Expansion Into Russia, Turkey

Pic: www.interbrand.comOsim International Ltd. (OSIM), Asia’s largest maker of massage chairs, said it’s in talks to expand its international franchise with stores in Turkey and Russia.

Read more: Osim To Add Stores With Franchise Expansion Into Russia, Turkey

Crossing Link To Singapore May Cost You $20 More Due To Spat

Bloomberg’s Haslinda Amin reports on the spat between Singapore and Malaysia over fees they charge vehicles crossing a vital link between the two nations. She speaks to Angie Lau on “First Up.” Pic: Bloomberg Malaysia Singapore and Malaysia are engaged in a tit-for-tat over fees they charge vehicles crossing a vital link between the two nations. People like Paul Lim expect to pay the price.

Read more: Crossing Link To Singapore May Cost You $20 More Due To Spat

MAS Privatisation Could Be Best Option For Restructuring

Pic: www.mole.myKUALA LUMPUR: The privatisation of Malaysia Airlines (MAS) could be the best available option for the national carrier to undergo a major restructuring and similar to what Japan Airlines underwent back in 2010.

Read more: MAS Privatisation Could Be Best Option For Restructuring

Asia Stocks Rise As Tensions Ease; Bonds Drop, Lira Gains

Pic: www.myplanetguides.comAsian stocks rose, with the regional index rebounding from an almost two-month low, as U.S. index futures and emerging-market currencies climbed on prospects geopolitical tensions are easing. The yen dropped with Australian and Japanese bonds as precious metals fell.

Read more: Asia Stocks Rise As Tensions Ease; Bonds Drop, Lira Gains

Malaysia Airline’s Shares Rise In Takeover Offer

Pic: www.themalaysiantimes.com.myKUALA LUMPUR: Shares of Malaysia Airline System (MAS) rose as much as 10.4 percent today after state fund Khazanah Nasional said it will offer 27 sen for each share in the company it does not own, amounting to nearly RM1.4 billion ($435 million) to take the troubled airline private.

Read more: Malaysia Airline’s Shares Rise In Takeover Offer