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Business 20 Jun 2009 | 12:00 AM

Diageo owes its resilience to product and geographic diversity

TALKING to John Pollaers, president of Diageo plc's business in Asia-Pacific region, one can understand why the group remains optimistic in spite of the tough market conditions.

Business 09 Aug 2012 | 12:00 AM

China's economic slowdown bottoming out

BEIJING: China's industrial output and fixed-asset investment are expected to show signs of picking up in data on Thursday, indicating that the economy is starting to stabilize after sliding for six straight quarters.

Business 01 Jun 2009 | 12:00 AM

China raises gasoline, diesel prices Monday

BEIJING; China boosted retail prices for gasoline and diesel Monday to reflect rising crude costs, adding to pressure on drivers and companies as the country struggles with the impact of the global economic slump.

Business 03 Sep 2012 | 12:00 AM

Asian shares inch up after Bernanke, weak regional data

TOKYO: Asian shares inched up on Monday after U.S. Federal Reserve Chairman Ben Bernanke kept the door open for further stimulus if needed, but gains were capped by weak economic indicators across the region and caution over U.S. data due later this week.

Business 01 Aug 2012 | 12:00 AM

Shares fall as stimulus hopes fade, eyes on China PMI

TOKYO: Asian shares fell on Wednesday after four days of gains, as expectations of stimulus action this week by the U.S. Federal Reserve and the European Central Bank fade, and following signs of deepening Asian economic stress.

Business 29 Aug 2012 | 12:00 AM

Aberdeen to debut Asia funds as stocks rebound

KUALA LUMPUR: Aberdeen Asset Management Plc plans to start its first syariah-compliant stock funds targeted at Asian individuals as regional economies expand at more than 30 times the pace of the United Kingdom.

Business 26 Jun 2009 | 12:00 AM

PacificMas fails to get approval

KUALA LUMPUR: PacificMas Bhd has failed to gain Bank Negara's approval to commence talks with a local party for the disposal of its insurance unit, The Pacific Insurance Bhd.

Business 16 Aug 2012 | 12:00 AM

China growth target at risk

BEIJING: China must step up pro-growth policies over the next three months or risk missing its annual growth target of 7.5%, a senior official at a top government think-tank said.

Business 25 Jan 2008 | 12:00 AM

Greenback still the favoured reserve currency

The US dollar is fighting on a tough battleground.

Business 19 Mar 2004 | 12:00 AM

China Mobile profits rise 9%

China Mobile (Hong Kong) Ltd, the world's largest mobile carrier by subscribers, said yesterday its profits rose 9% in 2003, as it squeezed out growth in China's maturing mobile market.