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Business 10 Feb 2004 | 12:00 AM

Nadicorp bus unit expects to triple 2004 revenue

NADICORP Holdings Sdn Bhd's coach-building arm Badanbas Sdn Bhd, which was revived a year ago, expects to triple its revenue to RM30mil this year with the introduction of superstructure coaches, Nadicorp executive chairman Datuk Mohd Nadzmi Mohd Salleh said.

Business 12 Feb 2004 | 12:00 AM

Opec springs output cut surprise to defend oil price

The Organisation of Petroleum Exporting Countries (Opec) has announced a surprise cut in oil supplies from April, propelling crude prices higher and drawing a caution from the United States that it risked stunting world economic growth.

Business 25 Feb 2004 | 12:00 AM

Global recovery bodes well for Asia-Pacific tech firms

FINANCIAL advisory and professional services provider Deloitte says the Internet, wireless technologies and nano-technology companies from the Asia-Pacific stand to benefit most from the improving global economic outlook.

Business 26 Mar 2004 | 12:00 AM

IMF: Long-standing weaknesses led to Argentine economic collapse

The International Monetary Fund (IMF) said yesterday that long-standing weaknesses in Argentina's economy led to its collapse in 2001, while the global lender acknowledged that its own shortcomings had prevented it from detecting the looming crisis.

Business 31 Mar 2004 | 12:00 AM

Emas Kiara gets 30 sen premium on second board debut

LOCAL geological textiles manufacturer Emas Kiara Industries Bhd made its debut on the MSEB second board yesterday at RM1.15, for a 30 sen premium on, or 35.3% rise over, its offer price of 85 sen, with 252,700 shares changing hands.

Business 22 Apr 2004 | 12:00 AM

GM buys IBM supercomputer for design, crash test work

General Motors Corp. has purchased an IBM supercomputer the companies say is the fastest in the automotive industry and will more than halve the time it takes to get a vehicle on the market.

Business 28 Apr 2004 | 12:00 AM

New BMW sports vehicle out soon

COME May 8, BMW Malaysia will launch the new I>BMW X5/ISports Activity Vehicle (SAV) xDrive, the perfect vehicle for the driver with sports ambitions, managing director Wolfgang Schlimme said.

Business 17 May 2004 | 12:00 AM

India's stock market suffers biggest crash in years

India's stock market crashed Monday in one of the biggest falls in years, prompting regulators to suspend trading as investors remained wary about the economic policies of the incoming communist-supported government in New Delhi.

Business 18 May 2004 | 12:00 AM

Asian equity markets slide further

A NEAR-CRASH by the Mumbai stock market and further turmoil in Iraq weakened investor sentiment further yesterday, sending equity markets across Asia sharply lower.

Business 31 May 2004 | 12:00 AM

Lee Swee Kiat aims to top mattress industry

Lee Swee Kiat Group Bhd (LSK), which will be assuming the listed status of second board-listed Long Huat Group Bhd under a restructuring scheme, is aiming to be a major player in the laminated foam and mattress manufacturing industry, group managing director Lee Kong Hooi told I>Starbiz/Iin an interview last week.