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Business 06 Sep 2013 | 6:38 AM

Wall Street Ticks Up On Data But Fed Caution Caps Gains

NEW YORK: U.S. stocks edged up on Thursday, rising for a third day after strong data indicated improving economic conditions, with caution capping gains ahead of Friday's payrolls report and its implication on the Federal Reserve's stimulus programme.

Business 14 Dec 2011 | 12:00 AM

MF Global drew up survival manual in final days

WASHINGTON (Reuters) - Just days before it declared bankruptcy on October 31, MF Global concluded it could remain solvent even if a major ratings downgrade limited its access to funding, according to an internal break-the-glass plan obtained by Reuters on Tuesday.

Business 21 Nov 2011 | 12:00 AM

M'sian share prices seen to be lower this week

SHARE prices on Bursa Malaysia are likely to be lower this week with investors expected to remain on the sidelines and trade sideways following the failure of European leaders to show some consistency in tackling the European debt woes.

Business 17 Nov 2011 | 12:00 AM

US stocks fall, eye banking contagion

NEW YORK (Reuters) - Stocks fell on Wednesday, with selling accelerating late in the session on more warnings about the potential impact of the euro zone's debt crisis on the global economy and the banking system.

Business 23 Mar 2010 | 12:00 AM

PM set to woo fund managers at HK forum

HONG KONG: Prime Minister Datuk Seri Najib Tun Razak#8217;s visit to Hong Kong to woo top-notch regional fund managers is timely as Asian economies and markets begin a process of recovery after the recent financial crises.

Business 21 Jul 2009 | 12:00 AM

SILK expects to uplift PN17 status in two months

KUALA LUMPUR: Highway concessionaire SILK Holdings Bhd expects to uplift its status as a financially-troubled PN17 company in two months while its proposed acquisition of AQL Aman Sdn Bhd, which is involved in the oil and gas services business, is expected to be completed by the fourth quarter, according to executive chairman Datuk Muhammad Azlan Hashim.

Business 16 Jul 2009 | 12:00 AM

Blue chips lead the way as KLCI rises 11.64 points

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) breached the 1120-point level in active trading but mild profit-taking saw the index closed at 1,108.88 points for an impressive 11.64 point or 1.06% gain.

Business 18 Jul 2009 | 12:00 AM

Possibility of an L-shaped recession

Tay Han Chong elaborates on the possibility of an L-shaped recession.

Business 02 Mar 2009 | 12:00 AM

Poser over liberal share issues

FUND managers and analysts have different opinions on whether listed Malaysian companies should be allowed to issue new shares above the maximum 10% of their total issued and paid-up share capital.

Business 07 Apr 2009 | 12:00 AM

KLCI snapped 5-day gains; Maybank and its rights shares fell

The equity market broke the five-day rally as investors took opportunity to take profit. Maybank rights issue shares were down on its first day of trading.