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Business

Chinese in US see more jobs at home

When Michael Lee left China in 1986 to pursue an education in the United States, he was swapping a land of poverty for a land of plenty. Today, he is far from sure that's still the case.

Business

CEO of American Airlines ousted, but it still faces bankruptcy

American Airlines has ousted its chief executive Don Carty after employees rebelled over his failure to disclose executive bonuses and pensions, but sources said the world#8217;s largest airline may still file for bankruptcy within days.

Business

Understanding the difference in Islamic and conventional products

THE only difference in executing an Islamic versus a conventional product is the way the agreement is executed, the rest is status quo.

Business

Benefits of buying at auction fair

Property Talk: A weekly column by S.C. Cheah

Business

Property, construction sectors to gain from stimulus

MEASURES to be announced by the government in the much-awaited stimulus package to bolster the economy from the ill effects of the Iraq war will be a shot in the arm for the property and construction sectors, according to Economic Planning Unit macroeconomics and evaluation senior director Datuk Dr Victor Wee.

Business

Philip Morris ordered to pay $10.1 billion in light cigarette suit

A judge Friday ordered cigarette maker Philip Morris USA to pay $10.1 billion for misleading smokers into believing its light cigarettes are less harmful than regular labels.

Business

Amcorp unit aims for 60% sales of business suites

PROPERTY developer Melawangi Sdn Bhd, a subsidiary of Arab-Malaysian Corp Bhd, is confident of achieving 60% sales or RM24mil from its latest development, Amcorp business suites.

Business

CSFB's Quattrone resigns under fire

FRANK Quattrone, who was one of Wall Street's most celebrated investment bankers in the 1990s but is now facing criminal investigation, resigned under pressure from Credit Suisse First Boston (CSFB) on Tuesday.

Business

Former judge's views on issue of arbitration

Why does the business community prefer to arbitrate instead of litigate commercial disputes? I>SHAILA KOSHY/Ispeaks to former Court of Appeal Judge Datuk V.C. George whose calendar has been full, since retirement, hearing arbitrations.

Business

Uptrend expected in will services

INTEGRATED Will Services (M) Sdn Bhd (IWS), a specialist in will writing and trust services, foresee the will writing services market to be on the uptrend over the next few years in line with the increasing affluence and development of the country.