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Business 24 Apr 2004 | 12:00 AM

YTL looking to buy utilities

YTL Corp Bhd may buy utilities in Europe, Asia and Australia to ensure profit growth of 20% a year till 2020, said managing director Tan Sri Francis Yeoh.

Business 18 Apr 2004 | 12:00 AM

Blue chips surge as fears ebb

US blue chips ended higher on Friday after comments from a top Federal Reserve official eased fears of an early interest rate hike, but technology stocks sagged after disappointing news from bellwethers International Business Machines Corp and Nokia Corp.

Business 15 Apr 2004 | 12:00 AM

Aussie economy seen slowing

The pace of growth in Australia will ease this year but remain above long-term trends as its resilient economy reaps the benefits of last year's advance, new data showed yesterday.

Business 06 Apr 2004 | 12:00 AM

Aussie dollar to boost country’s 2004 growth

The surging Australian dollar has lifted the growth outlook for the country's economy this year, but the gains could dampen economic prospects for 2005, private forecaster Access Economics said yesterday.

Business 01 Apr 2004 | 12:00 AM

A Singapore casino may create 1,000 jobs

A casino opening here could trigger an annual jackpot of anything from US$235mil to US$335mil in spin-offs for the operators alone - as well as help create up to 1,000 jobs. This is based on the US experience.

Business 11 Mar 2004 | 12:00 AM

News in brief

News briefs including from Frankfurt that Deutsche Telekom AG, Europe's largest telephone company, said yesterday it posted a fourth-quarter net loss of 364 million euros after taking a hefty charge to cover its exposure to Germany's problem-ridden truck toll project.

Business 04 Mar 2004 | 12:00 AM

RBA holds rates, fourth quarter GDP up 1.4%

Australia's central bank kept interest rates on hold yesterday but with the 2003 fourth-quarter economic growth stronger than expected, markets are pricing in further increases this year.

Nation 24 Feb 2004 | 12:00 AM

Robust growth likely for Malaysia

Comment by Wong Sulong

Business 10 Feb 2004 | 12:00 AM

RBA signals rate rises may not be over

Australia's central bank signalled yesterday that interest rates may need to increase further to cope with a credit boom and forestall expected inflationary pressure.

Business 05 Feb 2004 | 12:00 AM

Aussie rates left unchanged

Australia#8217;s central bank left interest rates unchanged Wednesday, pausing after two increases as a higher Aussie dollar drags on the economy and evidence mounts that a consumer borrowing boom may be cooling.