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Earnings season in US seen solid
US investors are gearing up for gains in the first full trading week of 2004 with Alcoa Inc kicking off what is widely expected to be a strong earnings season.
Two major turnaround successes
It's a pleasure to feature our two CEOs today - Tan Sri Azman Hashim of AmBank Group and Datuk Abdul Wahid Omar of UEM Group. Azman is the great survivor and that's what a real entrepreneur is all about.
Celcom-Garuda offers users SMS quiz holiday packages
CELCOM (Malaysia) Bhd has teamed up with Garuda Indonesia (Kuala Lumpur) to offer the I>Garuda Go Holidays SMS Quiz/Ito 019 and 013 users.
US stocks inch up in quiet trade
Stocks floated higher on light volume in a truncated session on Friday with Sharper Image Corp leaping after the retailer reported a robust holiday shopping season and steel producers gained ground after China scrapped retaliatory tariffs.
Genting Highlands a major tourist revenue earner
A GUST of cool mountain breeze: that was how one of Malaysia's largest companies got started. Genting Bhd founder Tan Sri Lim Goh Tong said the cool crisp air in Cameron Highlands where he was working on the hydro-electric dam project there in 1964 convinced him 'to develop a retirement retreat where I could spend my old age.'
Motor vehicle sales fell 11% in November, says MAA
Motor vehicles sales fell 11% in November to 31,542 units from 35,519 units sold in the corresponding month last year, paced by poorer sales in the national car segment.
Higher year-end hotel occupancy
There is a saying that every cloud has a silver lining. And this may be the situation with the hotel industry, which had undergone a tumultuous year, starting with the severe acute respiratory syndrome (SARS) and the war in Iraq, which threatened to bring the industry to its knees.
Samsung to up market share
SAMSUNG Malaysia Electronics (SME) Sdn Bhd is confident of increasing its share of the local mobile phone market from the current 25% to 28% by the end of the next quarter, said its managing director Kim Jeong-Wook.
KL market stages strong rebound
THE local stock market broke out from its consolidation phase of the past month to stage a strong rebound Monday, sending the KLSE Composite Index (CI) 1.45% or 11.28 points up to a two-week high of 790.56.