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Business 16 Aug 2005 | 12:00 AM

Johor Port’s land deal approved

IT is going to be plain sailing for Johor Port Bhd's (JPort) plans to purchase a land-owning company for RM403mil, as the majority of its minority shareholders went along with it at its EGM on Monday.

Business 26 Sep 2005 | 12:00 AM

Record-breaking run expected to continue

AUSTRALIAN stocks should be able to continue their record-breaking run this week but much depends on the severity of any damage caused by Hurricane Rita in the southern US and its impact on oil prices, dealers said on Friday.

Business 19 Oct 2005 | 12:00 AM

Inflation worries push US stocks lower

NEW YORK: Wall Street's chronic inflation fears sent stocks skidding Tuesday as a sharp jump in wholesale prices overshadowed strong profit reports from several Dow Jones industrials.

Business 31 Oct 2005 | 12:00 AM

IOI Properties expected to offer generous dividends

IOI Properties Bhd is still on the buy list of the analyst fraternity due to its generous dividends, healthy cash flows and strong balance sheet.

Business 01 Dec 2005 | 12:00 AM

Buyout firms weigh Knight Ridder deal

NEW YORK: Bankers liken a potential acquisition of newspaper publisher Knight Ridder to buying beachfront property: It's a valuable, hard-to-come-by asset, but it's eroding.

Business 06 Mar 2006 | 12:00 AM

Bearish stock market sends investors to properties

DESPITE encountering headwinds, property developers can also find spots to ride out the tough times.

Business 30 Apr 2006 | 12:00 AM

Market awaits cooler news

US stocks closed out a mixed week Friday as investors digested strong economic news while anticipating a cooling of conditions later this year.

Business 08 Jun 2006 | 12:00 AM

Kiwi central bank leaves key interest rate steady at 7.25%

WELLINGTON (AP) - New Zealand's central bank left its official cash rate unchanged at 7.25 percent Thursday, as expected by the market.

Business 12 Jul 2006 | 12:00 AM

Be selective with construction stocks

There is some excitement among players in the construction circlethat projects identified under the Ninth Malaysia Plan (9MP) will berolled out soon. In its update, AmResearch Sdn Bhd maintains itsneutral stance on the sector but advocates a stock selection strategyfor investors seeking exposure to 9MP construction play.

Business 21 Sep 2006 | 12:00 AM

StanChart: Key interest rate cut likely in Q3 2007

Standard Chartered Bank (StanChart) expects Bank Negara to cut its key interest rate, or overnight policy rate (OPR), by 25 basis points in the third quarter of next year.