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Business 19 May 2012 | 12:00 AM

Wall St Week Ahead: The market is oversold, but major signs say "sell"

NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions.

Business 17 Jun 2012 | 12:00 AM

Zoellick: Europe doing too little too late in crisis

BERLIN: European leaders dealing with the sovereign debt crisis have done too little, too late, outgoing World Bank chief Robert Zoellick said, warning that Europe risks losing influence and developing nations now face increasing market uncertainty.

Business 18 Jun 2012 | 12:00 AM

Parties supporting a bailout saving Greece from bankruptcy secure ruling majority

ATHENS: Parties supporting a bailout saving Greece from bankruptcy won a slim parliamentary majority on Sunday, beating radical leftists who rejected austerity and bringing relief to the euro zone which was braced for fresh financial turmoil.

Business 24 Jul 2012 | 12:00 AM

'Dark Knight Rises' earns US$160.8mil in debut

LOS ANGELESL Warner Bros said on Monday "The Dark Knight Rises" took in US$160.8 million at U.S. and Canadian box offices over the weekend, which is lower than industry estimates for the debut that felt the impact of last week's movie theater massacre in Colorado.

Business 08 Jul 2012 | 12:00 AM

How plane giants descended into global "price war"

FARNBOROUGH, England: Airbus and Boeing head into next week's Farnborough Airshow locked in their fiercest market share battle for up to a decade, slashing prices to win key orders for their latest narrowbody jets and storing up potential trouble for future profit margins.

Business 13 May 2013 | 12:00 AM

After elections, life goes on It’s time to close ranks and move forward as one nation

ONE thing struck me strongly when Senator John McCain and Senator Joseph Lieberman visited Malaysia about a year back. Although they were on opposite sides of the divide, McCain being a Republican and Lieberman a Democrat, they represented the United States when they were here.

Business 29 Jun 2012 | 12:00 AM

Wall Street pares losses late, ends modestly lower

NEW YORK: Stocks fell on Thursday but pared back sharp losses late in the session on talk of progress by European leaders in easing the region's debt crisis, while a Supreme Court ruling upholding a landmark healthcare law hit large health insurers.

Business 30 May 2013 | 12:00 AM

Will the unlisted market work?

What the Securities Commission is proposing ia not solely about the trading of shares but entails a much bigger picture, the creation of an eco-system, or a 'social corporate network'.

Business 28 Jun 2012 | 12:00 AM

Wall Street gains on data, rising oil prices

NEW YORK: Stocks rose on Wednesday as stronger-than-expected economic data helped lift energy stocks, overshadowing concerns a European Union summit will not yield tangible progress in easing the debt crisis.

Business 16 May 2013 | 12:00 AM

Rising revenues to shrink US deficit rapidly through 2015

WASHINGTON: The US deficit is shrinking considerably more quickly than previously thought, the congressional budget office said in a report that could sap congress’ sense of urgency to find further budget savings.