Business

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 ...

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 ...

Greece 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 ...

MISC 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 ...

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 ...
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