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Business 18 Jun 2008 | 12:00 AM

US stocks fall as data show drag of higher oil

US Stocks tumbled Tuesday as a troubling reading on wholesale inflation underscored the drag of high energy prices on the economy.

Business 19 Oct 2007 | 12:00 AM

Tentative buying helps Wall Street pare losses

Wall Street pared its losses to finish flat Thursday but remained uneasy after disappointing results from Bank of America Corp. provided further evidence that the credit crisis is hurting the economy.

Business 06 Sep 2007 | 12:00 AM

KLCI trading volume stabilises

Trading volume has stabilised at around one billion units per day, indicating that liquidity may be slowly returning to the market.

Business 03 May 2006 | 12:00 AM

St George Bank profit rises 12% but shares fall

St George Bank Ltd, Australia's fifth largest commercial bank, met forecasts with a 12% rise in first-half profit on stronger lending, but shares fell due to sluggish economic growth in its biggest state market.

Business 05 Jan 2006 | 12:00 AM

Koizumi government’s concern overdone

AS Japan edges closer to rejoin the world of inflation, the Koizumi government has already started to bash the Bank of Japan with all kinds of warnings that the central bank may lose its independence, should it decide to abandon its zero interest rate policy too early.

Business 08 Jul 2005 | 12:00 AM

ECB holds rates steady at 2% amid news of attacks

The European Central Bank kept its key interest rate unchanged at 2 percent, despite worries about growth and the unsettling news of terrorist attacks on the London transport network.

Business 28 Sep 2004 | 12:00 AM

Tokyo stocks close lower Tuesday, $US higher against yen

The benchmark Nikkei Stock Average of 225 issues closed down 43.75 points, or 0.40 percent, at 10,815.57 points.

Business 06 Aug 2003 | 12:00 AM

June data shows microchip sales rebound

WORLDWIDE sales of semiconductors amounted to US$12.54bil in June, marginally above the US$12.49bil recorded in May, but still the 12th consecutive month of positive year-on-year growth. On a year-on-year basis, global sales grew by 10% in June.

Business 06 Aug 2003 | 12:00 AM

June data shows microchip sales rebound

WORLDWIDE sales of semiconductors amounted to US$12.54bil in June, marginally above the US$12.49bil recorded in May, but still the 12th consecutive month of positive year-on-year growth. On a year-on-year basis, global sales grew by 10% in June.

Business 31 Jul 2003 | 12:00 AM

SARS drives SIA to maiden loss

Singapore Airlines (SIA) posted an unprecedented quarterly loss yesterday after the deadly Severe Acute Respiratory Syndrome (SARS) outbreak hit air travel demand, but the carrier said the worst was over although sluggish economic conditions made the outlook hazy.