TOKYO: Asian shares crept higher on Tuesday, tracking the overnight gains in U.S. stocks on optimism for progress in resolving the U.S. budget crisis before the year-end deadline.

NEW YORK: The S&P 500 ended at its highest level in almost two months on Monday on rising hopes that negotiations over the "fiscal cliff" were making progress and that a deal could be reached in days.

PASIR GUDANG: Two new wharves costing RM115 million  being built at the Tanjung Langsat Port Liquid Cargo jetty are slated for completion in 2014, Johor Corporation President and Chief Executive Kamaruzzaman Abu Kassim said today.

MELBOURNE: Thai Airways was fined A$7.5 million in the Federal Court after admitting to engaging in price-fixing in a global air freight cartel. 

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives traded lower at mid-day today weighed on by an easier cash market, dealers said.

KUALA LUMPUR: Interbase Resources Sdn Bhd or Lelong.my, aims to boost total sales transactions next year to RM500,000, from the current annual average of between RM200,000-RM250,000.

ASTANA, Kazakhstan: Kazakhstan is moving aggressively to improve trade ties with Malaysia, especially in the areas of Islamic finance and halal food.

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NEW DELHI: Often accused of providing safe havens to black money from India and other countries, Switzerland has proposed a new bill to prevent its banks and other institutions from accepting "untaxed assets" from their clients and put in place a stricter due diligence regime.