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Business 10 Jun 2003 | 12:00 AM

NatSteel agrees to cash payout

NatSteel Ltd is going ahead with a S$205.5mil dividend payout without linking it to a controversial scheme that had sparked a shareholder row.

Business 03 Jun 2003 | 12:00 AM

After scandals, G8 seeks wider accounting rules

Leaders of the Group of Eight (G8) world powers yesterday restated pledges to crack down on financial crime and called for globally recognised accounting standards to prevent more corporate scandals in their backyards.

Business 21 May 2003 | 12:00 AM

US stocks slip on mad cow scare, heightened terror alert

The stock market gave up early gains and finished narrowly lower Tuesday as fears about mad cow disease and a heightened terror alert pressured Wall Street.

Business 17 May 2003 | 12:00 AM

CPO prices surge on strong Indian demand

THE price of crude palm oil (CPO) traded RM50 to RM58 higher in the morning yesterday #8211; one of the highest gains in single-day trade this year #8211; triggering traders' hopes of a short-term bull run chasing prices to above RM1,500 a tonne.

Business 13 May 2003 | 12:00 AM

Ford shifts to high gear on pick-up trucks

Ford Malaysia Sdn Bhd plans to introduce several new models, starting with a new I>Ford Ranger/Iautomatic by July, to further strengthen its position as one of the makers of best selling pick-up trucks in the country.

Business 08 May 2003 | 12:00 AM

New big shareholder emerging in Maruichi

MARUICHI Steel Tube Ltd of Japan, a long-time shareholder in Maruichi Malaysia Steel Tube Bhd, could be exiting the local steel pipes and tubes manufacturer and trader after 31 years, going by its sale of two large blocks of shares early in the week.

Business 10 Apr 2003 | 12:00 AM

Telekom obtains RM4bil bridging loan for takeover

TELEKOM Malaysia Bhd has obtained a RM4bil bridging loan while it prepares the country#8217;s biggest bond sale of the year to fund its takeover of mobile phone firm Celcom (Malaysia) Bhd, sources close to the deal said yesterday.

Business 29 Mar 2003 | 12:00 AM

Nasdaq bans Al-Jazeera broadcasts from trading floor

The Nasdaq stock market on Tuesday followed the lead of the New York Stock Exchange (NYSE) in barring the Al-Jazeera Arab satellite-TV channel from using its facilities to broadcast live market reports.

Business 20 Mar 2003 | 12:00 AM

Malaysian shares end high amid hopes for quick end to war

Malaysian share prices ended higher Thursday in line with regional markets, as investors hoped for a quick end to the war in Iraq, traders said.

Business 05 Mar 2003 | 12:00 AM

Taiwan shares close lower Wednesday

Taiwan's benchmark stock index closed Wednesday at its lowest level since October, hit by overnight losses in the United States and by fears that a water shortage will eventually hurt production at technology firms.