• World Biz  |  APRIL 23, 2014 4:04 PM

    Barclays to withdraw from most commodities activities

    Story by
    www.bloomberg.com

    Barclays Plc, the UK’s second- biggest bank, will withdraw from most of its global commodities activities, joining JPMorgan Chase & Co to Morgan Stanley in pulling back as revenue drops. The “refocused” business will emphasize electronic trading, Barclays said yesterday …

     
  • World Biz  |  APRIL 23, 2014 3:08 PM

    LG Display posts weakest quarterly profit in 2 years

    Story by
    www.reuters.com

    LG Display Co Ltd, the world’s biggest maker of liquid crystal displays (LCD), posted its weakest quarterly profit in two years after a new-year demand lull further undercut TV panel prices. The South Korean manufacturer earns well over a third of revenue from TV …

     
  • World Biz  |  APRIL 23, 2014 2:42 PM

    Survey: M’sians plan to up travel spend by 20% this year

    Story by
    www.bernama.com

    Malaysians plan to increase their travel spend by nearly 20% this year, with 91% planning to travel domestically and 78% planning international trips, said Tripadvisor. According to the third instalment of TripBarometer, an accommodation and traveller survey, Japan is the ‘dream’ destination for …

     
  • Corporate & World Biz  |  APRIL 23, 2014 2:32 PM

    Manulife eyes 3,000 policyholders for plan

    Story by
    www.bernama.com

    Manulife Insurance Bhd aims to garner 3,000 policyholders within the first year for its new “Elite Global Select Plan” (EGSP), an investment-linked plan. Chief executive officer George Chew said the plan, jointly launched with Alliance Bank, allows Malaysian investors to access multiple …

     
  • World Biz  |  APRIL 23, 2014 2:26 PM

    Toyota outsells all carmakers again

    Story by
    www.bloomberg.com

    Toyota Motor Corp outsold General Motors Co and Volkswagen AG for a third straight quarter, helped by rising demand in Japan and China.

     
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