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Business 04 Feb 2011 | 12:00 AM

Egyptian clashes weighing on global stocks

LONDON (AP) - Violent clashes in Egypt between pro- and anti-government demonstrators kept financial markets on edge Thursday, while the euro slid after the European Central Bank's president said high inflation would prove to be only temporary.

Business 03 Feb 2011 | 12:00 AM

US stocks flat a day after Dow tops 12,000

NEW YORK: Stocks ended Wednesday mixed, a day after the Dow Jones industrial average closed at its highest level in 2-1/2 years

Business 03 Feb 2011 | 12:00 AM

Oil rises above US$91 in Asia Thursday (Update)

SINGAPORE: Oil prices rose above US$91 a barrel Thursday in Asia amid mixed U.S. crude and gasoline supply figures and violent street clashes in Egypt.

Business 02 Feb 2011 | 12:00 AM

Egypt protests prompt new ratings review

CAIRO: Egypt's economy suffered a fresh blow after yet another credit agency lowered its ratings and its currency approached a five-year low with slim chance of a quick rebound amid surging street protests.

Business 02 Feb 2011 | 12:00 AM

Dow has first close above 12,000 in 2 1/2 years(update)

NEW YORK: The Dow Jones industrial average has closed above 12,000 for the first time in 2 1/2 years - yet another sign that the U.S. economy is extending its recovery from the recession.

Business 02 Feb 2011 | 12:00 AM

Oil puts pressure on global inflation(update2)

PETALING JAYA: The recent rally in crude oil prices, partly due to the tension in Egypt, may put pressure on global inflation. Nymex crude oil hit US$92.08 a barrel yesterday afternoon, the highest since October 2008, while the Brent crude oil peaked above US$100 per barrel for the second day in two years yesterday.

Business 01 Feb 2011 | 12:00 AM

Asian stocks advance on earnings, higher oil price(update)

BANGKOK: Asian shares moved higher Tuesday after overnight gains on Wall Street offset worries about political unrest in Egypt and the prospects of an imminent interest rate hike by China's central bank appeared to fade.

Business 01 Feb 2011 | 12:00 AM

US stocks up

NEW YORK: Energy stocks led indexes higher Monday, the first day of trading since the growing unrest in Egypt caused the largest one-day drop in the broad stock market in more than three months.

Business 01 Feb 2011 | 12:00 AM

Brent oil price at US$100, highest since 2008, on Egypt unrest

NEW YORK: An important oil price benchmark topped US$100 per barrel on Monday for the first time since 2008, as investors kept an anxious eye on Egypt and worried about unrest there disrupting the flow of oil from the Middle East.

Business 08 Jan 2011 | 12:00 AM

IJM Land moves on despite merger failure

PETALING JAYA: It is business as usual at IJM Land Bhd after a proposed merger between the company and Malaysian Resources Corp Bhd (MRCB) fell through due to their failure to reach an agreement on the definitive terms and conditions of the plan.