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Business 17 Mar 2003 | 12:00 AM

Stanchart Asia seeks expansion

STANDARD Chartered Bank is doing well in Asia, and looking for opportunities to expand.

Business 21 Mar 2003 | 12:00 AM

Uncertainty returns to global markets after Bush warning

CLOUDS of uncertainty returned to global stock markets yesterday after investors#8217; initial hopes for a short war in Iraq were dashed by US President George W. Bush#8217;s warning that the conflict could be more difficult and prolonged than anticipated.

Business 21 Mar 2003 | 12:00 AM

Test for world economies

THE WORLD#8217;S fragile economies may be tested to the hilt and could be faced with greater uncertainty even if the US-led forces achieve a quick victory in Iraq, economists said yesterday. A prolonged war, meanwhile, #8220;guarantees recession#8221;.

Business 01 Apr 2003 | 12:00 AM

Poor sentiment causes Asian bourses to drop badly in Q1

MAJOR stock markets in Asia ended the first quarter of the year substantially lower as concerns over the economic impact from the war in Iraq weighed on investor sentiment.

Business 12 Apr 2003 | 12:00 AM

POSCO net profit more than doubles

South Korean steel maker POSCO announced yesterday its first-quarter net profit has more than doubled from a year earlier on higher steel prices, hitting analysts#8217; forecasts on the nail.

Business 12 Apr 2003 | 12:00 AM

Know the Chinese culture, Asean businessmen advised

ASEAN businessmen need to take precautions against risks when in-vesting in China, according to Lee Peng Shu, the vice-president of Singapore Chinese Chamber of Commerce and Industry#039;s education committee.

Business 29 Apr 2003 | 12:00 AM

14% growth for insurance

THE insurance industry is expected to maintain its growth momentum this year, in line with developments undertaken to ensure the industry remain efficient and robust in tandem with the underlying economic trend, according to the Bank Negara Insurance Annual Report 2002.

Business 10 May 2003 | 12:00 AM

Euro strengthens further as ECB keeps rates steady

THE euro strengthened further against other major currencies yesterday as investment money poured into euro deposits following the European Central Bank's (ECB) decision to leave interest rates unchanged at 2.5%.

Business 20 May 2003 | 12:00 AM

Active bond market seen: Aseambankers

THE Malaysian bond market is gradually entering a buoyant cycle and institutional investors should look to the domestic bond market for capital gains opportunities, particularly bonds with credit ratings lower than the AAA issues such as AA or single-A corporate bonds.

Business 31 May 2003 | 12:00 AM

RM49bil raised in 2002

FUNDS raised within Malaysia's equity and bond markets grew strongly to RM49bil in 2002, an increase of 11% compared with RM44bil in the previous year, the Securities Commission (SC) said in its annual report 2002 released yesterday.