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S&P suffers year’s biggest loss as Greek deal falters
NEW YORK, Feb 11 — The S&P 500 posted its biggest daily per centage decline thus far in 2012 yesterday after an about-face on Greece’s long-awaited debt deal ended a five-week streak of gains for equities.
All but one of the 30 Dow components ended lower while all 10 S&P sectors fell, with cyclical sectors such as energy, financials and ... Read More
Italian Prime Minister Mario Monti tours the floor of the New York Stock Exchange, February 10, 2012. — Reuters pic
Malaysia and Singapore back Japan’s TPP bid
By Melissa Chi
KUALA LUMPUR, Feb 11 — Malaysia and Singapore want Japan in on a controversial free trade agreement that aims to open up the emerging economies across Asia and the Pacific regions.The Japan Times reported ... Read More
Obama budget to forecast US deficit at 2.8pc GDP in 2018
WASHINGTON, Feb 11 — US budget deficits will drop to 2.8 per cent of the economy by 2018, down from the 8.5 per cent projected for this year, under a budget plan being unveiled by President Barack Obama ... Read More
EU seen approving Google’s Motorola deal, say sources
BRUSSELS, Feb 11 — Google Inc is expected to win approval next week from European regulators, as well as from US antitrust authorities, for its planned US$12.5 billion (RM37.9 billion) purchase of ... Read More
US stocks: S&P suffers year’s biggest loss as Greek deal falters
NEW YORK, Feb 11 — The S&P 500 posted its biggest daily percentage decline thus far in 2012 yesterday after an about-face on Greece’s long-awaited debt deal ended a five-week streak of gains for ... Read More
Alibaba’s Ma faces big Yahoo test
SHANGHAI, Feb 11 — If anyone can pull off the labyrinthine deal between Alibaba Group and Yahoo Inc, it’s Jack Ma, who founded the e-commerce group and within a decade unlocked China’s huge online ... Read More
Indian tribe files US$500m suit against big brewers
LINCOLN, Nebraska, Feb 11 — A Native American Indian tribe sued leading beer makers seeking US$500 million (RM1.5 billion) in damages and accusing them of knowingly contributing to “crippling” alcoholism ... Read More
Property market growth to taper off in 2012, says expert
By Lee Wei Lian
KUALA LUMPUR, Feb 10 — The property market will still see growth this year but at a slower pace than 2011 due to dampened sentiment, said CH Williams Talhar & Wong.The property consultancy said buyers ... Read More
MMC-Gamuda to be paid 6pc of MRT target cost
By Yow Hong Chieh
PUTRAJAYA, Feb 10 - MRT Corp said today it will pay a fee worth six per cent of the Klang Valley Mass Rapid Transit (KVMRT) Sungai Buloh-Kajang (SBK) line's target cost to its project delivery partner, ... Read More
Iran sanctions already hitting oil trade flows, says IEA
LONDON, Feb 10 — Sanctions on Iran are already hitting global oil flows even though a European ban on imports from the Islamic Republic does not come into effect until July, the International Energy ... Read MoreMore Articles
- Climax nears in Greek drama
- Singapore’s First Ship demands Berlian Laju return ships
- European shares fall early, euro zone banks slide
- Investors cautious despite Greece deal
- Alibaba plans to take Hong Kong unit private
- Greek deal boosts euro, oil; stocks edge up
- Analyst calls for Feb 10
- Kodak to shutter camera business
- US to approve Google’s Motorola bid, sources say
- PepsiCo to cut 8,700 jobs, invest in brands
- Vodafone hit by weak southern Europe
- Strike costing Air France up to €10m a day
- Singapore firms stop Indonesia palm oil exports to Iran
- ECB to face Greece questions, hold rates
- SE Asia Stocks: Most markets pause; Manila off record high
- Markets guarded as Athens strives to reach deal
- Guan Eng: Bosch downpayment proof of commitment
- Europe pull-out won’t hit A350 orders, says AirAsia X
- Gamuda-MMC ahead of pack with lowest MRT tunnelling bid
- Malaysia’s trade hits record in 2011
- Khazanah denies Medini high finance conspiracy
- AirAsia X eyes IPO in second half 2012
- Analyst calls for Feb 9
- Bloomberg: VW in talks with Proton, looks to grow regional presence
- Don’t chase market stampedes as risks run amok
- Global stocks inch up, euro near flat
- Time Warner beats forecasts, shares up
- Bosch says still committed to Penang solar panel plant
- Malaysian exporters halt palm oil supply to Iran
- Moody’s misses estimates with lower profit
- S&P cuts Sony rating, warns of further downgrade
- World Bank arm, Singapore GIC eye infrastructure fund
- SE Asia Stocks: Markets rise, aided by Greece hopes
- Japan to slash use of a heavy rare earth as China tightens grip
- Bank Negara extends currency swap deal with China
- BHP Billiton profit slips but still in league of its own
- Bosch freezes Penang solar plant
- Wall St edges up in quiet day; Disney down late
- Bernanke urges Congress to address Bush tax cuts
- Goldman names Yong as co-head of Investment Banking Southeast Asia
- Analyst calls for Feb 8
- Indonesia investors confident of coup at Rothschild’s Bumi
- 1 Care hanya ‘penambahbaikan’ sistem kesihatan, kata menteri
- Insiden KFC: Tidak timbul isu perkauman, kata saksi
- Pemerhati hak asasi manusia mohon Hamza Kashgari tidak diserahkan kepada Arab Saudi
- Menteri: Wang EPF digunakan bukan kerana kehabisan wang kerajaan
- PKR buat persiapan terakhir sebelum PRU13
