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Business 30 Aug 2003 | 12:00 AM

KL market finishes August on a weak note

STOCKS on the KLSE ended August on a weak note, with the Composite Index (CI) dropping 0.4% to 743 yesterday ahead of the long Merdeka weekend but up 3% for the entire month following the market's breakout from a consolidation period at the end of July.

Business 22 Aug 2003 | 12:00 AM

Former Citigroup executive charged with embezzlement

A former executive of Citigroup Global Markets Inc. was indicted on charges he embezzled more than $70,000 from two mutual funds he controlled.

Business 19 Aug 2003 | 12:00 AM

StanChart expecting RM500m eTreasury ops

STANDARD Chartered Bank Malaysia Bhd expects RM500mil worth of transactions to be carried out via its newly launched online treasury delivery system by the end of the year.

Business 15 Aug 2003 | 12:00 AM

Mesdaq and small-cap shares rally on strong volume

Shares on the KLSE, especially small-cap stocks, rallied on strong volume yesterday as a number of corporate proposals boosted market sentiment.

Business 11 Aug 2003 | 12:00 AM

Jamaludin: M’sia alone to decide on ringgit peg

MALAYSIA will not be pressured into making any rash decision on the ringgit#146;s exchange rate policy, said Second Finance Minister Datuk Dr Jamaludin Jarjis.

Business 07 Aug 2003 | 12:00 AM

Amcham survey shows strong recovery in confidence

THE American Malaysian Chamber of Commerce (Amcham) Business Confidence Index surged 24.7% from June to July, indicating a strong recovery in business and consumer confidence, in both local and global markets.

Business 04 Aug 2003 | 12:00 AM

F&N Dairies aims to be world class

FN DAIRIES (M) Bhd has been improving its operational efficiency in anticipation of stiffer competition and further product diversification.

Business 21 Jul 2003 | 12:00 AM

Are there opportunities in a volatile market?

PEOPLE often shun volatility because it evokes images of change, unpredictability and instability. As creatures of comfort, we relish stability. However, investors should view volatility more positively, as a volatile market offers many opportunities.

Business 17 Jul 2003 | 12:00 AM

Citigroup invests in China markets

US financial giant Citigroup Inc has become the second foreign bank to invest in China's main stock and debt markets under a watershed reform to admit overseas funds.

Business 12 Jul 2003 | 12:00 AM

Earnings poised to improve in H2

MALAYSIAN corporate earnings, after having taken a hit in the second quarter, are expected to turn around in the second half this year in line with the improving economic outlook, analysts said.