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Business 02 Jun 2009 | 12:00 AM

US stocks begin June with strong rally

NEW YORK: The stock market began June with a strong rally, thanks to another wave of benign economic data.hr noshade size=-1 width=50%>

Business 01 Jun 2009 | 12:00 AM

China said Monday manufacturing expanded in May

BEIJING: China's manufacturing expanded in May, adding to signs the world's third-largest economy might be recovering from its slump, but growth was weak despite huge stimulus spending, according to two surveys released Monday.

Business 30 May 2009 | 12:00 AM

US stocks soar in late-day rally

NEW YORK: Wall Street sealed the third month of its spring rally with a huge advance. The fourth month looks a little less certain.hr noshade size=-1 width=50%>

Business 16 May 2009 | 12:00 AM

US stocks extend week's losses after 2-month rally

NEW YORK: Investors moved more money out of stocks Friday, further chilling the market's spring rally.hr noshade size=-1 width=50%>

Business 05 May 2009 | 12:00 AM

Recovery won’t start till mid-2010, says European Commission

BRUSSELS: Europe's economy will not start recovering until the second half of next year, the European Commission said yesterday as it slashed its forecasts to reflect the region's deepest recession since World War Two.

Business 05 May 2009 | 12:00 AM

KLCI remains on upward course

PETALING JAYA: The local stock market started the week on a strong note with the KL Composite Index (KLCI) breaking the 1,000-point level, as global and regional markets also rallied following the May 1 holiday.

Business 27 Apr 2009 | 12:00 AM

US stocks may run into some turbulence this week

US stocks may run into some turbulence this week as the impending release of bank 'stress test' results, a Federal Reserve meeting and a flood of earnings will give investors some reasons for caution.

Business 27 Apr 2009 | 12:00 AM

Worst is over for manufacturers

THE bottom fell off the factory floors across Asia in the first quarter when customers in the United States and Europe halted purchases and cleared their excess inventories.

Business 03 Apr 2009 | 12:00 AM

US stocks extend 4-week rally; Dow breaches 8,000

Investors dove into stocks Thursday, extending a rally that gave the Dow Jones industrial average its best four weeks since 1933.hr noshade size=-1 width=50%>

Business 02 Apr 2009 | 12:00 AM

Oil falls below $49 amid gloomy data

HOUSTON (AP): Oil prices staged a late rally but still closed below $49 a barrel Wednesday, as more signs of a sick economy fueled worries about energy consumption. The U.S. oil inventories are now at levels not seen in more than 15 years.