Tue09272016

LAST_UPDATETue, 27 Sep 2016 11pm

Asian Shares Tread Cautiously, Crude Oil Slips

TOKYO: Asian shares edged slightly lower in early Asian trade on Tuesday, as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street.

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Taylor Swift Is Taking On YouTube, And It Won’t Be An Easy Fight

When Apple announced its plans to offer customers a three-month trial of its Apple Music streaming service, Taylor Swift kicked off. The free trial meant no royalties for artists, and Tay-Tay wrote an open letter describing the terms as “shocking” and “disappointing” – and revealed she’d be withholding her music from the platform. Her tens of millions of fans magnified her protest and the tech giant made a rapid and uncharacteristic U-turn.

Read more: Taylor Swift Is Taking On YouTube, And It Won’t Be An Easy Fight

Goldman Asset Management Executive Gottlieb To Leave Firm

Pic: ReutersGoldman Sachs Group Inc's Jason Gottlieb, a partner in the bank's asset management division, is leaving the firm.

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Ringgit Lower Against US Dollar In Opening Trade

Pic:ReutersKUALA LUMPUR: The ringgit continued to be traded lower for the second consecutive day against the US dollar, a dealer said.

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Viacom's Top Two Executives Reserve Right To Resign, Look To Protect Millions In Pay

A security guard speaks into a microphone in his sleeve as he stands outside the Viacom Inc. headquarters in New York April 30, 2013. REUTERS picViacom Inc Chief Executive Philippe Dauman and Chief Operating Officer Thomas Dooley have reserved their legal right to resign "with good reason" in a move to protect tens of millions of dollars in potential severance pay.

Read more: Viacom's Top Two Executives Reserve Right To Resign, Look To Protect Millions In Pay

SoftBank Shares Plunge More Than 10% After ARM Purchase

Pic: AFPTOKYO: Shares in Japanese mobile giant SoftBank dropped more than 10 percent in early trading Tuesday after it agreed to take over British chip designer ARM Holdings.

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Nintendo Shares Up More Than 10 Percent In Early Trade

Pic: ReutersShares of Japan's Nintendo Co soared 10 percent in early trade on Tuesday, buoyed by the ongoing popularity of its Pokemon GO mobile game.

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Temasek Set To Unveil Buyout Deal For Struggling S’pore Rail Operator

SINGAPORE: Singapore state investor Temasek Holdings is set to announce a deal this week to buy out the remaining nearly 46 percent of SMRT Corp that it doesn’t already own, two sources with knowledge of the matter said.

Read more: Temasek Set To Unveil Buyout Deal For Struggling S’pore Rail Operator

SoftBank To Buy UK Chip Designer ARM In US$32b Cash Deal

Pic: ReutersTOKYO: Japan's SoftBank will buy Britain's most valuable technology company ARM for US$32 billion (RM127 billion) in cash, an audacious attempt to lead the next wave of digital innovation with a chip designer that powers the global mobile phone industry.

Read more: SoftBank To Buy UK Chip Designer ARM In US$32b Cash Deal

Yahoo Revenue Rises As Internet Business Improves

Pic: Reuters

NEW YORK: Yahoo Inc reported a 5.2 per cent rise in total quarterly revenue, a sign of improvement in its troubled core Internet business it is auctioning off.

Read more: Yahoo Revenue Rises As Internet Business Improves