Tue08222017

LAST_UPDATETue, 22 Aug 2017 8am

Snap Shares Wither More As Filings Show Some Investors Bailing

Pic: ReutersNEW YORK: Snap Inc shares fell 4 percent on Monday after U.S. securities filings showed some funds dissolving their stakes in the social media company and another brokerage lowered its price target on the stock.

Read more: Snap Shares Wither More As Filings Show Some Investors Bailing

FGV Keen To Offer Logistics Expertise In ECRL Project

Pic: BernamaKUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) is keen to offer its expertise in providing integrated logistics services with parties involved in the development of the East Coast Rail Link (ECRL) project.

Read more: FGV Keen To Offer Logistics Expertise In ECRL Project

Malaysia Among Countries To See Slow Working-Age Population Growth: Moody's

KUALA LUMPUR: Malaysia, Maldives and Singapore will see slow growth in their working-age population and that could affect future growth potential, says Moody’s Investors Service.

Read more: Malaysia Among Countries To See Slow Working-Age Population Growth: Moody's

Vietnam Tops ASEAN In Animal Feed Production

HANOI -- Vietnam is currently ASEAN’s biggest animal feed producer and the tenth biggest in the world, according to the country's Ministry of Agriculture and Rural Development as reported by Vietnam News Agency (VNA).

Read more: Vietnam Tops ASEAN In Animal Feed Production

Malaysia's Economy To Be On Uptrend For Next Three-Five Years: Economist

Pic: Reuters

KUALA LUMPUR: Malaysia's economy is expected to be on an uptrend for the next three to five years, supported by strong local and foreign investments, increase in exports as well as consistent government support for the companies.

Read more: Malaysia's Economy To Be On Uptrend For Next Three-Five Years: Economist

Bursa Malaysia Opens Higher

Bursa Malaysia opened higher today in tandem with its Asian peers, taking the cue from the firmer Wall Street market last week ahead of the release of China’s economic data due later today.

Read more: Bursa Malaysia Opens Higher

Lawsuit Asserts 42 Disney Apps Tracked Children Without Parents Consent

A lawsuit brought forth by San Francisco resident Amanda Rushing claims that 42 Disney apps are tracking kids without consent. The lawsuit claims Disney is violating the Children’s Online Privacy Protection Act in the collection and sale of the children’s data. Among the 42 Disney apps cited in the complaint are, Beauty and the Beast, Frozen Free Fall, and Toy Story: Story Theater. Rushing says Disney has included software inside these apps that can track users across devices and platforms giving the company a full profile of the user.

Read more: Lawsuit Asserts 42 Disney Apps Tracked Children Without Parents Consent

Asian Shares Bounce After Losses, Dollar Sags On Weak U.S. CPI

TOKYO: Asian stocks bounced on Monday after three losing sessions, tracking a firmer Wall Street, while the dollar was weighed down by weak U.S. inflation data which dampened prospects of another Federal Reserve interest rate hike later this year.

Read more: Asian Shares Bounce After Losses, Dollar Sags On Weak U.S. CPI

'Robust Q2 activity bodes well for H1'

KUALA LUMPUR: ECONOMIC activities in the second quarter of the year have ramped up at a faster pace than market expectations, promising a brighter economic outlook for the first half of the year.

Read more: 'Robust Q2 activity bodes well for H1'

Exclusive: Arab Bloc Won't Discriminate Against U.S. Firms In Qatar Rift - Sources

DUBAI - Four Arab countries that imposed sanctions on Qatar have told the United States that U.S. companies doing business with them would not be punished for also working with Doha, four sources with knowledge of the matter said.

Read more: Exclusive: Arab Bloc Won't Discriminate Against U.S. Firms In Qatar Rift - Sources