Facebook Launches Buy-And-Sell ‘Marketplace’

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SAN FRANCISCO, Oct 2 – Facebook on Monday launched a new online “Marketplace” allowing members of the huge social network to buy and sell with each other. The new feature puts Facebook squarely in competition with local online selling platforms led by Craigslist, and offers an alternative to marketplaces like eBay. Facebook

Five Talking Points From Malaysian GP

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SEPANG, Oct 2 – Five talking points from the Malaysian Grand Prix: ‘Shoey’ fits for Ricciardo Daniel Ricciardo has been knocking on the door for his fourth Formula One win, and Lewis Hamilton’s engine blow-up 15 laps from the end finally gave him the opportunity he needed. It’s been a long time

Trump Campaign Defiant As Tax Questions Swirl

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WASHINGTON, Oct 2 – Donald Trump’s campaign remained defiant Monday as the Republican presidential candidate dodged questions that he may have paid no income tax for nearly 20 years. Without admitting fault, Trump’s top allies praised their candidate’s business acumen following a bombshell report in The New York Times focusing the real estate mogul’s

Minister: British Economy Faces Brexit ‘Rollercoaster’

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BIRMINGHAM, Oct 2 – Britain’s economy faces “turbulence” as it negotiates its EU exit and consumer and business confidence could go up and down like a “rollercoaster”, finance minister Philip Hammond warned on Monday. The chancellor of the Exchequer said they must expect some turbulence as they go through this negotiating process. It told this

PM Najib Committed To Make Malaysia More Competitive

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KUALA LUMPUR, Oct 1 – Prime Minister Datuk Seri Najib Abdul Razak is committed to continue propelling Malaysia to a higher level of competitiveness, guided by the New Economic Model (NEM) announced in 2010. He said he committed to make Malaysia more competitive and he have been clear on this stand with his domestic policies.

Ringgit Ends Lower Amid Pullback In Oil Prices

KUALA LUMPUR, Sept 30 – The ringgit closed lower against the US dollar today in line with falling oil prices amid market scepticism over the Organisation of the Petroleum Exporting Countries’ (OPEC) agreement to cut oil output. At 6pm, the ringgit was quoted at 4.1320/1390 against the greenback from 4.1220/1270 yesterday. A

Guan Eng Corruption Trial Postponed To December 6

GEORGE TOWN, Sept 30 – The Penang High Court judge Hadhariah Syed Ismail has set December 6 for the case management of Penang Chief Minister Lim Guan Eng two corruption charges after incomplete documents prevented the start today, said his lead counsel Gobind Singh Deo. He said the Attorney-General (AG) was sending them

Bursa Malaysia Closes Lower On Selling Pressure

KUALA LUMPUR, Sept 30 – Bursa Malaysia, which was spooked by a bomb scare today, saw lower trading almost across the board on selling pressure, a dealer said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 17.09 points to end at 1,652.55, versus Thursday’s 1,669.64. After opening 2.41 points

Company Charged With Failing To Submit GST Statement

GEORGE TOWN, Sept 29 – A motorcycle spare-part distributor was charged in the Sessions Court here today with nine counts of failing to submit its Goods and Services Tax (GST) statements to the Royal Customs Department. The company, Razortech Enterprise Sdn Bhd, represented by its directors – Teoh Chin Ching, 65, Teoh

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