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WASHINGTON: U.S. economic growth braked sharply in the third quarter as businesses cut back on restocking warehouses to work off an inventory glut, but solid domestic demand could encourage the Federal Reserve to raise interest rates in December.
PETALING JAYA: Both AirAsia Bhd and Malaysia Airlines (MAS) are not expected to report significant improvements to their financial performance in the third quarter, owing to the high cost of jet fuel, according to research analysts.
KUALA LUMPUR: The Employees Provident Fund (EPF) generated an investment income amounting to RM5.5bil in the third quarter of 2009, an increase of RM696.32mil, or 14.51%, over the RM4.8bil generated in the previous quarter.
HONG KONG: The pace of Hong Kong's economic expansion likely slowed in the third quarter as consumers cut back on spending in the face of higher interest rates, economists said.
YTL Corp Bhd saw its pre-tax profit rising 29.6% to RM317.9mil for the third quarter ended March 31, compared with RM245.3mil in the same period a year ago. Its turnover for the quarter improved 11.5% to RM1.23bil from RM1.09bil.
SHELL Refining Company (Federation of Malaya) Bhd (Shell Refining) has recorded an increase of more than 100% in net profit to RM185mil for the third quarter ended Sept 30, from RM86mil in the corresponding period last year.
SAN JOSE, California (AP) - Intel Corp.'s third-quarter profit rose 12 percent, edging past Wall Street's estimates, but the chip maker cautioned that the pall the financial crisis has cast over the technology sector makes it hard to predict its results for the current period.
PETALING JAYA: I-Bhd recorded a net profit of RM5.69mil in its third quarter ended Sept 30, 2018, compared with a net profit of RM7.17mil in the previous corresponding period, while revenue in the third quarter stood at RM60.66mil from RM75.31mil a year earlier.