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AirAsia sees sharp fall in 2011 net profit
KUALA LUMPUR, Feb 22 — AirAsia today reported a sharp fall in net profit by almost half for 2011 but the budget carrier posted record revenue.
The airline posted a revenue of RM4.47 billion ringgit for the year, up 13 per cent from 2010.
In a filing to Bursa Malaysia, it said net profit for the financial year, which ended on December 31, was ... Read More
US President Barack Obama, with his VP Joseph Biden (left), discusses the payroll tax cut and unemployment insurance at the White House complex in Washington, February 21, 2012. — Reuters pic Read More
Euro zone teetering on brink of recession
LONDON, Feb 22 – The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal ... Read MoreGreece rushes to pass bailout laws amid protests
ATHENS, Feb 22 – The Greek parliament, barricaded from protests by workers and pensioners angry over austerity, scrambled today to pass laws needed to secure payment of a second international bailout for ... Read MoreMISC reports Q3 net loss of RM1.74b
KUALA LUMPUR, Feb 22 – Malaysian shipping liner MISC Bhd said in a filing to the local stock exchange today that the third quarter ended Dec 31 turned to a net loss of RM1.74 billion (US$575 million) ... Read More
Genting Singapore swings to profit, eyes investments
SINGAPORE, Feb 22 – Casino operator Genting Singapore Plc said today it was looking to invest in new projects after it swung to a net profit in the fourth quarter and announced its first-ever ... Read More
Singapore Airlines announces finale as it phases out the jumbo jet
SINGAPORE, Feb 22 = Singapore Airlines and its passengers will wave goodbye to the Boeing 747 ‘jumbo jet’ on April 6, it has announced.The luxury carrier, which has operated Boeing 747s for nearly 40 ... Read More
Signs point to uneven economic recovery: RHB
By Lee Wei Lian
KUALA LUMPUR, Feb 22 – The economy is recovering but at an uneven pace said RHB Research Institute following the release of last December’s leading economic indicators.The research house said in a report ... Read More
SE Asia Stocks: End mostly lower on Greek, oil worries
BANGKOK, Feb 22 – Southeast Asian stocks ended mostly lower on worries over the feasibility of the Greek deal and rising oil prices, while data showing a continuous contraction in China’s factory sector ... Read MoreChina economy faces risk of hard landing, says government economist
BEIJING, Feb 22 — A property sector downturn and slumping global demand may knock China’s economy into a hard landing in 2012, a senior government economist told Reuters, putting more pressure on Beijing ... Read More
India GDP growth seen picking up in 2012/13
NEW DELHI, Feb 22 — India’s economy is expected to pick up in the fiscal year starting on April 1 after growing at its slowest pace in three years in the current fiscal year, a government advisory panel ... Read More
More Articles
- Wilmar shares plunge after Q4 earnings on margin fears
- Apple shareholders to meet as stock at record high
- Wall St loses steam after Dow crosses 13,000
- Obama corporate tax plan to be unveiled today
- Johnson & Johnson CEO Weldon to step down in April
- Analyst calls for Feb 22
- Alibaba bids to take listed unit private for US$2.5b
- Turbulent times for India’s ‘King of Good Times’
- Apple’s China trademark battle moves to Shanghai
- Alibaba.com Q4 net profit down, first fall in 2 years
- SE Asia Stocks: Edge up after Greece bailout deal
- Melco interested in US$1b Manila casino project: Regulator
- Vitol’s 2011 revenues rise to nearly US$300b
- Foreign investors fear Japan banks may hijack Olympus board
- Malaysia’s Maxis up as regulators OK RM2.45b sukuk sale
- RAM assigns ratings of Al Bayan Holding
- RAM reaffirms Kenanga Investment Bank’s ratings
- Analyst call Feb 21
- MARC affirms Horizon Hills Development rating
- Stocks, euro ease as markets await Greek deal
- Bakries expect Rothschild to remain on Bumi board
- Second Greek bailout in reach, funding gap narrows
- Wal-Mart to take majority stake in China e-commerce firm
- Maxis gets nod for US$805m sukuk
- Carlsberg warns of flat beer profits in 2012
- Singapore seeks gold hub status with tax-free bullion
- SE Asia Stocks: Gain, Philippine shares at all-time high
- Malaysians still keen on buying homes but fear bubble
- Tesco launches up to US$585m Thai property fund
- Singapore’s CapitaMalls Asia buys stakes in 3 Japan malls
- China’s urban migrants hold key to domestic demand
- Petronas to offer 1st Sepat crude next month
- Hong Kong headache: UBS faces 10-fold rent increase
- Decision day for second Greek bailout, financing gaps remain
- The drive behind Tony Fernandes
- Lower costs in Iskandar catch eye of Singapore SMEs
- Stocks may strain to hold nine-month highs
- Wynn accuses top shareholder, buys out his stake
- Analyst call Feb 20
- Japan prosecutors may charge Olympus over scandal, says Kyodo
- No sense in splitting Greek aid package, says German finance minister
- Greek bailout deal looks set for tomorrow, says Austria
- Perjuangan bangsa boleh menjadi ‘asabiyah’ yang ditentang Islam, kata Dr Asri
- PAS tolak Israel, terserah kepada Anwar untuk terima atau tidak, kata Nik Aziz
- Di Sabah, isu pendatang asing tanpa izin penentu masa depan
- Mesyuarat Agung Perwakilan Khas KPF dibatal
- Anwar patut berdebat dengan Ibrahim Ali bukan Najib, kata Perkasa
