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Business 05 Apr 2003 | 12:00 AM

Mergers in Japan neglect the hard part: cost cuts

TOKYO: Nobuaki Murayama need not look far to see why Mizuho Financial Group Inc and other products of Japanese mergers have not reduced jobs or raised profit.

Business 05 Apr 2003 | 12:00 AM

Regional stock markets end week off their lows

STOCK markets in Asia recouped some earlier losses to end the week off their lows, aided yesterday by bargain hunting amid rising hopes of an imminent end to the war in Iraq.

Business 05 Apr 2003 | 12:00 AM

SARS and war add salt to injury

AS if coping with the uncertainties of war isn#039;t enough, economies in the region now have to cope with yet another crisis. The deadly Severe Acute Respiratory Syndrome (SARS) is taking its toll on Asia at a time when many of these economies are already vulnerable due to a weak external sector.

Business 05 Apr 2003 | 12:00 AM

Shareholder activism still dormant

WE all like to root for the underdog. This is why we fancy the notion of shareholder activism becoming a major element in the Malaysian corporate scene.

Business 05 Apr 2003 | 12:00 AM

All eyes on Baghdad

WHAT is it the economists say about the world catching cold when the United States sneezes? Well, the US is too busy leading a war on Iraq to fret over minor ailments, but a large section of the world has indeed fallen ill. And the bug is a deadly.

Business 05 Apr 2003 | 12:00 AM

Comforting trend seen in buyback

Against the sluggish market condition, we note a comforting trend from either companies resuming or activating buybacks on their own, or major shareholders emerging buyers. These are certainly signals of confidence to the investment community, and more so to minority shareholders during the trying period. In this report, we compile these transactions which we believe would be of interest to investors, categorising into:

Business 04 Apr 2003 | 12:00 AM

Microsoft enhancing the MSN website

Microsoft Corp is devoting more money to improving Internet search capabilities on its MSN Web site, leading some to speculate MSN plans to take over the lucrative functions now handled by its partner Overture Services Inc.

Business 03 Apr 2003 | 12:00 AM

Regional airline stocks continue to regain lost ground

AIRLINE stocks in the region continued to regain lost ground yesterday, even though the industry has yet to come out of what some argue are its toughest operating conditions.

Business 29 Mar 2003 | 12:00 AM

Siemens sees lower volume

SIEMENS AG is anticipating a decline in business volume this year but will continue to strive to increase profitability and achieve the company#039;s targeted margins, said its executive vice-president Prof Klaus Wucherer.

Business 26 Mar 2003 | 12:00 AM

Lion Group’s China operations performing well

LION group#039;s China operations in the retail, brewery and motorcycle sectors are doing well and looking for opportunities to expand, said group chairman and CEO Tan Sri William Cheng.