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Business 01 Mar 2005 | 12:00 AM

Rothschild may lead Deutsche Boerse rebels

The revolt by shareholders of Deutsche Boerse who oppose its £1.3bilbid to buy the London Stock Exchange (LSE) has taken a new twist with veteran banker Lord Jacob Rothschild being touted as a possible successor to Boerse chairman Rolf Breuer.

Business 29 Jan 2005 | 12:00 AM

Rival bourses turn up the heat in LSE battle

Rivals Deutsche Boerse and Euronext have taken off the gloves in their fight for the London Stock Exchange (LSE) after the LSE rejected Deutsche Boerse's approach for a second time.

Business 25 Feb 2005 | 12:00 AM

Awards for top funds to be presented on March 29

THE Star/Standard amp; Poor#146;s Investment Funds Award Malaysia 2005 will be held for the third consecutive year on March 29 in Kuala Lumpur. The event that gauges and ranks fund managers#146; performance has become a high point in Malaysia#146;s unit trust industry.

Business 13 Dec 2003 | 12:00 AM

Goldman Sachs upbeat on Malaysia

Goldman Sachs has reaffirmed its bullish view on the Malaysian economy, citing the country's participation in the regional export recovery, strong recovery in the private sector capital expenditure (capex) in the third quarter and expectations of bank lending growth to accelerate sharply next year.

Business 30 Mar 2007 | 12:00 AM

Signals point to rate cut

There are strong signals of an interest rate cut by Bank Negara soon, said AmInvestment Management Sdn Bhd chief investment officer, (fixed income and derivatives and structured products) Yvonne Phe.

Business 12 Nov 2003 | 12:00 AM

NAB posts record profit but faces more pain in Britain

National Australia Bank (NAB) reported a record profit that was fuelled by strong home lending, but warned of an uphill battle in Britain and Ireland as pension co s would continue to bite in Europe, where it earns a quarter of its profits.

Business 21 Jun 2013 | 10:12 AM

Wall Street in worst two-day decline in wake of Fed stimulus wind-down plan

NEW YORK: The Federal Reserve's plans to begin winding down its massive monetary stimulus later this year hit shares on Wall Street for a second day Thursday, putting the S&P 500 index on track for its worst two-day decline in seven months.

Business 07 Jan 2006 | 12:00 AM

LPI posts record profit

LPI Capital Bhd broke new records in its financial year ended Dec 31, 2005 with a sterling 33.7% jump in pre-tax profit to RM103.6mil from RM77.5mil in 2004.

Business 12 Apr 2013 | 12:00 AM

Bina Puri to place out 30% of enlarged paid-up, raise RM44.1m

Bina Puri Holdings Bhd plans to place out 44.10 million new shares - which will be 30% of its enlarged paid-up - with 88.21 million free warrants.

Business 24 May 2012 | 12:00 AM

MIDF Research maintains AFG’s TP at RM4.10

MIDF Research is maintaining its target price for Alliance Financial Group at RM4.10 pegged to FY13 PBVR of 1.6 times or FY13 PER of 12.4 times.