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Business 19 Oct 2005 | 12:00 AM

EU approves US$18b merger of Unicredito Italiano and Germany's HVB Group

BRUSSELS, Belgium: The European Union announced Tuesday it had approved the planned merger of Italian bank Unicredito Italiano SpA and German lender HVB Group AG.

Business 28 Sep 2005 | 12:00 AM

Hualon expands textile exports to Europe after world fair

A Malaysian textile manufacturer has expanded its exports to European countries, notably Britain, Belgium, Spain and Germany, following its participation in the Texworld International Fair in Paris.

Business 21 Sep 2005 | 12:00 AM

Taiwan's Asustek sees rise in motherboard, laptop shipments

Taiwan's Asustek Computer Inc., the world's largest maker of computer motherboards, expects a sharp rise in shipments of its motherboards and laptop computers this year due to robust demand, a senior company official said Wednesday.

Business 14 Aug 2005 | 12:00 AM

Toyota to double output capacity at South African plant by 2007

Toyota Motor Corp., Japan's biggest automaker, plans to nearly double production capacity at its plant in South Africa by 2007 as part of a strategy to expand overseas, a newspaper reported Saturday.

Business 04 Aug 2005 | 12:00 AM

Equator enters Eastern Europe

EQUATOR Life Science Bhd has entered the Eastern European horticulture market through a joint-venture agreement with Dutch company, R.H. Van Leeuwen Beheer.

Business 15 Jul 2005 | 12:00 AM

Global steel giant Mittal buys first stake in China's steel industry

Global steel giant Mittal Steel Co. has bought its first stake in China's steel industry, purchasing a 37 percent share of a state-owned steel mill, a news report said Friday.

Business 11 Jul 2005 | 12:00 AM

Cymao seeks global certs to expand abroad

PLYWOOD manufacturer Cymao Holdings Bhd plans to obtain international standard certifications to expand further in the competitive overseas plywood market.

Business 28 Jun 2005 | 12:00 AM

Toyota plans to build car factory in Canada

Toyota is building a new car factory in Canada, its seventh in North America, its new president said yesterday.

Business 17 May 2005 | 12:00 AM

Macquarie-led group to buy YBR for US$2.3bil

Private equity firms Veronis Suhler Stevenson and 3i Group Plc said on Sunday they would sell telephone directory business YBR Group to a consortium led by Australia's Macquarie Capital Alliance Group for 1.825bil euros (US$2.3bil).

Business 14 Mar 2005 | 12:00 AM

Higher sales in the bag for Poly Tower

PLASTIC bag and film manufacturer Poly Tower Ventures Bhd is banking on its new product line to help achieve a higher turnover of RM150mil for the financial year ending Aug 31, 2005.