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Greece wrangling tempers markets' recovery
TOKYO (Feb 7): Markets edged up on Tuesday even as Greek resistance to the strict conditions attached to a bailout...
Categories: Business
Macquarie warns of 25% profit tumble
SYDNEY (Feb 7): Macquarie Group, Australia's top investment bank, warned investors its full-year profit would fall 25%, double the analyst...
Categories: Business
Clock ticks on Greece's bailout deadline
ATHENS (Feb 5): Greek Prime Minister Lucas Papademos faces a critical task of convincing international lenders and political party leaders...
Categories: Business
#Stocks to watch* Genting, JCY, AirAsia, F&N, Naim Indah
KUALA LUMPUR (Feb 4): Trading on Bursa Malaysia will resume on Wednesday, Feb 8 after the extended weekend to observe...
Categories: Business
Florida casino gambling bill is dead for 2012
TALLAHASSEE (Feb 3): A bill that would have ushered in the largest gambling expansion in Florida history was withdrawn by...
Categories: Business
Wall St Week Ahead: With sparse data, focus returns to Europe
NEW YORK (Feb 3): Europe will again be at the center of investors' focus next week as the U.S. earnings...
Categories: Business
US STOCKS-Nasdaq vaults to 11-yr high on surge in US jobs
NEW YORK (Feb 3): A surge in hiring in the world's largest economy last month drove the Nasdaq to an...
Categories: Business
GLOBAL MARKETS-U.S. data boosts equities, dollar
NEW YORK (Feb 3): Major stock indexes closed on Friday at highs not seen in months, with the Nasdaq...
Categories: Business
Greece struggles on reform, lenders may face rising bill
ATHENS (Feb 3): Greece's government struggled on Friday to agree tough labour reform that appeases both wary political leaders and...
Categories: Business
Merged Glencore, Xstrata would take aim at iron ore
SYDNEY (Feb 3): An $80 billion marriage of commodities trader Glencore and miner Xstrata could lead to a new...
Categories: Business
Swiss question 12 banks as LIBOR probe widens
ZURICH (Feb 3): Switzerland is investigating 12 U.S., European and Japanese banks suspected of conspiring to manipulate interbank lending rates...
Categories: Business
UK recession risk eases as service sector grows
LONDON (Feb 3): Britain's dominant services sector grew at the fastest pace in 10 months in January and firms became...
Categories: Business
PAS decides president Hadi to contest in general elections
KUALA LUMPUR (Feb 3): PAS president Datuk Seri Abdul Hadi Awang will contest in the next general election, according to...
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Naim Indah: Major shareholder in talks to sell its 22.8% stake
KUALA LUMPUR Naim Indah Corporation Bhd’s major shareholder, Crest Energy Sdn Bhd is said to be in discussions with various...
Categories: Business
Encorp unit Encorp Systembilt proposes up to RM1.57 bn debt notes
KUALA LUMPUR (Feb 3): Encorp Bhd’s unit Encorp Systembilt Sdn Bhd has proposed to issue up to RM1.575 billion (2012/2028)...
Categories: Business
F&N 1Q earnings fall on absence of Coca-Cola contribution, higher material costs
KUALA LUMPUR (Feb 3): Fraser and Neave Holdings Bhd reported a 61% decline in its earnings to RM41.74 million in...
Categories: Business
The Media Shoppe inks collaboration agreement with Hopetech
The Media Shoppe inks collaboration agreement with Hopetech KUALA LUMPUR (Feb 3): The Media Shoppe Bhd has inked a collaboration agreement...
Categories: Business
AirAsia Japan ready for takeoff with air operators certificate
KUALA LUMPUR (Feb 3): AirAsia Bhd’s joint venture with All Nippon Airways Co., Ltd has obtained an air operators certificate...
Categories: Business
Developed economies may fall into mild recession in 1H2012, says StanChart
KUALA LUMPUR (Feb 3): Developed economies may fall into a mild recession in the first half of 2012 which may...
Categories: Business
S&P assigns A- to Maybank’s proposed issue of notes under US$2b programme
KUALA LUMPUR (Feb 3): Standard Poor's Ratings Services assigned its 'A-' long-term foreign currency issue rating to the...
Categories: Business
