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Saudis scramble for stake in stock market boom
Fahad, a thick-set 22-year-old, stands proudly next to the brand new Cadillac he bought with money made trading on the kingdom's booming stock market.
Succeeding in the New Economy
In this first part of a three-part article, iSpring Capital Sdn Bhd CEO David Fong explores the background behind the fundemental technology-driven change sweeping Asia.
Second Board Index near 7-year low
Bursa Malaysia's Second Board Index (SBI) tumbled to its lowest level in nearly seven years as investors continued to sell down smaller-sized companies, spooked by a growing list of counters hit by plunging share prices.
Chip stocks at low ebb
THE big semiconductor stocks on Bursa Malaysia such as Malaysian Pacific Industries Bhd and Unisem (M) Bhd are currently trading at around their lowest levels since the second quarter of 2003. The prognosis for the smaller players is, however, far worse.
The low-down on property auctions
Azizi Ali will have you know that properties as a form of investment is 'out of this world'.
Rally ends amid inflation fears
Wall Street's rally hit the skids over the past week as surging oil and commodity prices raised fears of inflation that may eventually crimp economic growth.
Aussie Central bank governor hints interest rates will soon rise
The governor of Australia's central bank gave a strong hint Friday that the bank will soon raise interest rates for the first time since December 2003 even though the nation's housing boom has been largely subsiding.
New safety features can help GM scale back on consumer incentives
New safety features that General Motors Corp is offering in its vehicles could help it scale back on its high consumer incentives, a top GM official said.
GM recalls nearly 200,000 vehicles for various defects
General Motors Corp., the world's biggest automaker, is recalling nearly 200,000 vehicles because of various safety defects, federal regulators said Thursday.
A high flyer lands in Malaysia
CARLSBERG Brewery Malaysia Bhd's new managing director arrived in Malaysia just about a month ago. But this is not an entirely new environment for Mogens Joenck.
