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Business 22 Apr 2004 | 12:00 AM

GM buys IBM supercomputer for design, crash test work

General Motors Corp. has purchased an IBM supercomputer the companies say is the fastest in the automotive industry and will more than halve the time it takes to get a vehicle on the market.

Business 31 Mar 2004 | 12:00 AM

Emas Kiara gets 30 sen premium on second board debut

LOCAL geological textiles manufacturer Emas Kiara Industries Bhd made its debut on the MSEB second board yesterday at RM1.15, for a 30 sen premium on, or 35.3% rise over, its offer price of 85 sen, with 252,700 shares changing hands.

Business 26 Mar 2004 | 12:00 AM

IMF: Long-standing weaknesses led to Argentine economic collapse

The International Monetary Fund (IMF) said yesterday that long-standing weaknesses in Argentina's economy led to its collapse in 2001, while the global lender acknowledged that its own shortcomings had prevented it from detecting the looming crisis.

Business 25 Feb 2004 | 12:00 AM

Global recovery bodes well for Asia-Pacific tech firms

FINANCIAL advisory and professional services provider Deloitte says the Internet, wireless technologies and nano-technology companies from the Asia-Pacific stand to benefit most from the improving global economic outlook.

Business 12 Feb 2004 | 12:00 AM

Opec springs output cut surprise to defend oil price

The Organisation of Petroleum Exporting Countries (Opec) has announced a surprise cut in oil supplies from April, propelling crude prices higher and drawing a caution from the United States that it risked stunting world economic growth.

Business 10 Feb 2004 | 12:00 AM

Nadicorp bus unit expects to triple 2004 revenue

NADICORP Holdings Sdn Bhd's coach-building arm Badanbas Sdn Bhd, which was revived a year ago, expects to triple its revenue to RM30mil this year with the introduction of superstructure coaches, Nadicorp executive chairman Datuk Mohd Nadzmi Mohd Salleh said.

Business 20 Jan 2004 | 12:00 AM

New Toyota hybrid parks itself

Your hands don't even need to be touching the steering wheel for it to start spinning back and forth aggressively, all by itself - slowly guiding the car into the parking spot.

Business 16 Jan 2004 | 12:00 AM

Hyundai car sales seen up 400%

ORIENTAL-HYUNDAI Sdn Bhd aims to increase the sales of Hyundai cars to 12,000 units this year, representing a 400% growth from 3,000 units sold last year.

Business 28 Nov 2003 | 12:00 AM

Japan prices rise in Oct. for first time in five years

A key indicator of Japanese prices rose in October for the first time in more than five years, the government said Friday, but experts warn that the country has yet to fully overcome its headache of deflation that has been stunting the nation's recovery.

Business 17 Nov 2003 | 12:00 AM

Wooing buyers with new concepts, products

S0 much has changed in Malaysia's property development scene that one may be astonished not only by the new skyline but the different concepts and products that have flooded the market over the past decade.