United States Trade Malaysia

A Malaysian conglomerate said Wednesday it will buy a stake in Satellite Technology Management Inc. for $6.9 million. Berjaya Group Berhad said it will purchase 693,188 shares of the Costa Mesa company's stock for $10 apiece. The deal will boost Berjaya's stake in the maker of satellite communications networks to 20%. The two companies plan to form a joint venture, Berjaya-STM Telecom Ltd.

A Malaysian conglomerate said Wednesday it will buy a stake in Satellite Technology Management Inc. for $6.9 million. Berjaya Group Berhad said it will purchase 693,188 shares of the Costa Mesa company's stock for $10 apiece. The deal will boost Berjaya's stake in the maker of satellite communications networks to 20%. The two companies plan to form a joint venture, Berjaya-STM Telecom Ltd.

The United States will review the duty-free privileges of six countries accused of abusing workers' rights, Trade Representative Clayton K. Yeutter announced. The six include Israel, which has been charged with violating the rights of Palestinian workers, and Syria, Burma, Haiti, Liberia and Malaysia.

Importers of palm oil--one of the so-called tropical oils accused of contributing to heart disease in America--launched an expensive counter-offensive Wednesday urging American food manufacturers and consumers "not to be intimidated by scare tactics which are not based on scientific evidence." The Malaysian Oil Palm Growers Assn.

Importers of palm oil--one of the so-called tropical oils accused of contributing to heart disease in America--launched an expensive counter-offensive Wednesday urging American food manufacturers and consumers "not to be intimidated by scare tactics which are not based on scientific evidence." The Malaysian Oil Palm Growers Assn.

The United States will review the duty-free privileges of six countries accused of abusing workers' rights, Trade Representative Clayton K. Yeutter announced. The six include Israel, which has been charged with violating the rights of Palestinian workers, and Syria, Burma, Haiti, Liberia and Malaysia.