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Business 16 Aug 2007 | 12:00 AM

Malaysian and Asian stocks fall Thursday

Malaysian and Asian share prices fell Thursday battered by persistent jitters over U.S. housing loan problems and their possible damage to global financial markets.

Business 08 Aug 2007 | 12:00 AM

US stocks end higher

NEW YORK (AP) - Wall Street overcame disappointment in the Federal Reserve's failure to move toward an easing of interest rates Tuesday, and stocks made a late-day surge as the decision was seen as a sign the economy wasn't threatened by turmoil in the credit markets.

Business 07 Aug 2007 | 12:00 AM

All eyes on Fed move to help ailing US markets

All eyes and ears will now be on what the US Federal Reserve (Fed) will do or say at its upcoming meeting on Tuesday as turbulence roils the US stock markets.

Business 14 Jun 2007 | 12:00 AM

US economy heads into summer with good momentum

WASHINGTON (AP) - The U.S. economy headed into the summer with better momentum, propelled by a manufacturing rebound and consumers who eagerly went shopping and sightseeing despite high gas prices.

Business 11 Apr 2007 | 12:00 AM

Asia economies may ease in first half

Growth of Asian economies is expected to ease in the first half this year, in tandem with the slowing of the US economy, said CIMB head of economic research Lee Heng Guie.

Business 10 Apr 2007 | 12:00 AM

Wall Street ends little changed as investors weigh economy

NEW YORK (AP) - Wall Street ended an erratic session essentially flat Monday as investors grew anxious about upcoming first-quarter earnings and the possibility that interest rates will not be declining anytime soon. A $2 (euro1.50) drop in oil prices lent support to the major indexes.

Business 02 Apr 2007 | 12:00 AM

KLCI to outperform regional peers

SWEEPING incentives, liberalisation and administrative measures announced in recent weeks emphasised the Government's commitment to develop the southern region, woo foreign investment, spur the property market, revamp Government-linked companies (GLCs) and address the country's brain drain issues.

Business 30 Mar 2007 | 12:00 AM

Signals point to rate cut

There are strong signals of an interest rate cut by Bank Negara soon, said AmInvestment Management Sdn Bhd chief investment officer, (fixed income and derivatives and structured products) Yvonne Phe.

Business 23 Mar 2007 | 12:00 AM

Flat sales lift earnings of Cheung Kong

Developer Cheung Kong (Holdings) reported a 29% jump in 2006 net profit, in line with forecasts, thanks to high-margin property projects and stronger earnings at associate firm Hutchison Whampoa Ltd.

Business 23 Mar 2007 | 12:00 AM

US stocks end mixed after big run-up

NEW YORK (AP) - Wall Street finished mixed Thursday, nudging the Dow Jones industrials higher for the fourth straight session but moving cautiously as investors awaited new data to assess whether their hopes for an interest rate cut are justified.