16 February 2012, Thursday
Airlines
Scoot unlikely to pose any serious competition to AirAsia X
45% growth in revenue over 2010
Banks
Indonesia’s withdrawal of foreign ownership ruling spells good news for Malaysian banks
Capital markets
Forex trading haram for Muslims, says council
Too early to tell whether Felda Global IPO will invigorate market
Dispute resolution
Can-One cannot proceed with Kian Joo stake buy for now
Energy
Compugates Holdings expected to clinch solar-based projects in Sabah
Judiciary
Calls mounting for Article 121 Federal Constitution to return to pre-1988 form
ASIA
Capital markets
Petronas looking to be anchor investor in Sunshine Oilsands’ Hong Kong IPO
Telecommunications
Telenor wants to drop Unitech, seeks new local partner
AUSTRALIA
Capital markets
ASX expects market conditions to remain challenging with Chi-X’s arrival
Intellectual property
When it comes to IP licences, royalty base more important than royalty percentage
Mergers and acquisitions
Surfwear group Billabong receives AUD766 million takeover offer
CHINA
Media
DreamWorks Animation and Chinese media groups due to unveil new JV
Technology
Customs authorities unlikely to intervene in Proview trademark battle with Apple
EUROPE
Competition
Cisco Systems challenges EU clearance of Microsoft acquisition of Skype
Financial services
Moody's may cut credit ratings of 17 global and 114 European financial institutions
NEW ZEALAND
Competition
Courts’ jurisdiction over alleged anti-competitive conduct occurring overseas
Intellectual property
Patent application fails legal test for sufficiency of disclosure
SINGAPORE
Economy
Property
Housing demand remains buoyant
UK
Fraud
Agency probed on how it selects and pursues cases
Gaming
Genting UK boss will attempt to modernise an industry that hasn’t changed for decades
Property
Battersea Power Station could be worth millions more to developers demolished than preserved
US
Insurance
AIG in no rush to make any decisions on key assets
Intellectual property
Different legal claims that fashion companies must cobble together to protect designs
Associated Press files suit against ‘parasitic distribution service’ Meltwater News
Mergers and acquisitions