PETALING JAYA: Fraser & Neave Holdings Bhd’s (F&N) large investment into the dairy farm business, beginning with RM1.3bil under phase one, may slightly temper its operating margins. CGS-CIMB Research said F&N is focused on growing its volume and that it is willing to sacrifice one to two percentage points in …

AMSTERDAM (Reuters) – Geert Wilders, the Dutch populist whose anti-Islam comments have led to death threats, could become the next leader of the Netherlands following an election upset for his Freedom Party (PVV) on Wednesday. After 25 years in Dutch politics without holding office, Wilders was set to lead coalition …

JAKARTA: Bank Indonesia’s first auction of its US dollar securities, meant to attract foreign inflows that would support the rupiah, is oversubscribed.The central bank sold US$236.5mil in the Tuesday offer of foreign exchange-denominated securities (SVBI), exceeding its US$200mil target. It awarded US$168mil for the one-month paper at an average rate …

SEOUL: When asked to picture an auto-manufacturing plant, one would easily think of multiple assembly lines filled with engineers and vehicle parts being transported to their next destinations. Hyundai Motor Group Innovation Centre Singapore, or HMGICS, is anything but that. Built to illustrate the future of vehicle production, the complex …

RICH Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has so far depended on the US consumer to stave off a recession. In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper …

WASHINGTON (Reuters) -A vehicle exploded on Wednesday at the Rainbow Bridge connecting the United States and Canada at Niagara Falls prompting authorities to close all four border crossings between western New York and Canada, U.S. and Canadian officials said. The FBI Joint Terrorism Task Force was mobilized to investigate the …

RIO DE JANEIRO (Reuters) – Police swinging batons at panicking soccer fans. Children weeping in their mothers’ arms between the stadium’s stands. A man lies on the ground clutching his head as blood streamed down his face. The shocking scenes of crowd clashes and police violence that marred Tuesday’s World …

WARSAW/PRAGUE (Reuters) – Poland and the Czech Republic have extended temporary controls on their borders with Slovakia until Dec. 3 and Jan. 3 respectively, in response to continuing efforts by migrants to enter from Slovak territory. Slovakia is a transit country for migrants mostly from the Middle East and Afghanistan …

NEW YORK (Reuters) – Crypto lender Genesis Global on Tuesday sued partner Gemini Trust Co, seeking to recover more than $689 million that customers of the companies withdrew during a “run on the bank” that caused Genesis to collapse into bankruptcy. Genesis in the lawsuit said up to 230,000 users …

ROME (Reuters) – Italian lawmakers on Wednesday unanimously backed a raft of measures to clamp down on violence against women after the killing of a university student, and the arrest of her ex-boyfriend triggered a nationwide debate over the issue. The upper house Senate passed the bill proposed by the …