Business
Wall Street sags, but ends off session lows
NEW YORK, May 24 — US stocks slipped yesterday but finished sharply off their session lows as a rally in Hewlett-Packard’s shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
Trading was choppy as many traders were adjusting their positions ahead of the long ... Read More
Apple CEO Tim Cook confers with staff during a break at a Senate homeland security and governmental affairs investigations subcommittee hearing in Washington, May 21, 2013. — Reuters pic Read More
Recent Articles
ECB can’t solve euro zone crisis alone, Bundesbank chief says
PARIS, May 24 — Bundesbank chief Jens Weidmann said yesterday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen ... Read More
IHH Healthcare Q1 pre-tax profit falls to RM213.59m
KUALA LUMPUR, May 23 – IHH Healthcare Bhd’s pre-tax profit declined to RM213.588 million for the first quarter ended March 31, 2013 from RM218.248 million recorded in the same period last year.Revenue, ... Read More
UMW posts lower pre-tax profit in Q1
KUALA LUMPUR, May 23 – UMW Holdings Bhd’s pre-tax profit for the first quarter ended March 31, 2013 slipped 0.9 per cent to RM432.7 million from RM436.7 million in the same period last year.Revenue fell ... Read More
YTL Corp Q3 pre-tax profit falls to RM541.4m
KUALA LUMPUR, May 23 – YTL Corporation Bhd’s pre-tax profit fell to RM541.37 million for the third quarter ended March 31, 2013 from RM694.37 million recorded in the same period last year.Revenue declined ... Read More
Khazanah appoints Nor Mohamed as deputy chairman
KUALA LUMPUR, May 23 – Khazanah Nasional Bhd has announced the appointment of Tan Sri Nor Mohamed Yakcop as its deputy chairman effective June 3, 2013.Nor Mohamed’s appointment was nominated by Prime ... Read More
Petronas Dagangan Q1 pre-tax profit dips 3.7pc to RM327m
KUALA LUMPUR, May 23 – Petronas Dagangan Bhd (PDB)’s pre-tax profit dipped 3.7 per cent to RM326.969 million for the first quarter ended March 31, 2013 from RM339.686 million in the same quarter last ... Read More
YTL Power Q3 pre-tax profit slips to RM336.6m
KUALA LUMPUR, May 23 – YTL Power International Bhd’s pre-tax profit decreased to RM336.57 million for the third quarter ended March 31, 2013 from RM351.9 million in the same period a year ago.Revenue fell ... Read More
Maybank on track for 40pc PBT contribution from international operations
KUALA LUMPUR, May 23 – Malayan Banking Bhd (Maybank) is on track to achieve a 40 per cent pre-tax profit contribution from its international operations by 2015.Its outgoing president/chief executive ... Read More
Australia’s Crown selling entire 10pc stake in rival Echo
SYDNEY, May 23 – Australian casino company Crown Ltd is selling its entire 10 per cent stake in rival Echo Entertainment Group, the operator of Sydney’s sole casino, a source with knowledge of the sale ... Read More
Bursa shares close sharply lower
KUALA LUMPUR, May 23 – Share prices on Bursa Malaysia closed sharply lower on heavy selling of heavyweights in line with weaknesses in regional markets, dealers said.The benchmark FTSE Bursa Malaysia KLCI ... Read More
More Articles
- SE Asia Stocks: Fall on Fed, China data jitters; S’pore, Thailand hit 2-wk low
- Bursa falls to low of 1,765 in afternoon trade
- IMF’s Lagarde in court for French arbitration case
- Rich-nation investors returning home
- Asian markets sell off on Bernanke remarks, China PMI
- Maybank Q1 net profit up 11.8pc, tops forecast
- Singapore Q1 GDP growth surprises on surge in financial services
- Equity investors flock to Japan funds, exit emerging markets
- Analyst calls for May 23
- Bernanke says more progress needed before stimulus pullback
- Wall St falters in volatile session on Fed worries
- Asian stocks supported by Fed reassurance; BOJ stands pat
- New RON97 price receives positive response from analysts
- Takaful Malaysia optimistic on RM35m no claim rebate payment this year
- Gold up on weaker dollar, stimulus hopes before Fed testimony
- China’s bird flu outbreak cost US$6.5b
- Petronas gas allocates five-year capex of RM8.1b
- KL shares stay depressed at mid-afternoon
- Upbeat Japan GDP brings some cheer, but Nikkei misses out
- Strong data revenues boost Malaysia Axiata’s Q1 net profit
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- Opposition crackdown shows reforms a lie, say Pakatan leaders
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