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Lee Swee Kiat Group Bhd (LSK), which will be assuming the listed status of second board-listed Long Huat Group Bhd under a restructuring scheme, is aiming to be a major player in the laminated foam and mattress manufacturing industry, group managing director Lee Kong Hooi told I>Starbiz/Iin an interview last week.
India's stock market crashed Monday in one of the biggest falls in years, prompting regulators to suspend trading as investors remained wary about the economic policies of the incoming communist-supported government in New Delhi.
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.
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.
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.
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.
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.
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.