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Economists cited turbulence on Wall Street over rising worries about a war with Iraq as a primary reason for why they think the Federal Reserve will leave interest rates at a 41-year low.
B>SYDNEY: /B>Australia's second biggest newspaper publisher, John Fairfax Holdings Ltd, posted a strong jump in first-half profits yesterday, boosted by an advertising pick-up and cost cuts.
DRB-HICOM Bhd has entered into a share sale agreement with Datuk Yatina Yahaya and four others for the sale of a 10% stake in DH Information Technologies Sdn Bhd (DH Info Tech), a wholly-owned subsidiary of DRB-HICOM, for RM1mil.
After snapping up Wessex Water, Tan Sri Francis Yeoh is thirsting for more utility businesses.
GLOVE manufacturing is a tough business and many players in the industry have fallen from grace over the years but a husband and wife team has managed to not only survive, but thrived to become one of the top five glove manufacturers in the country.
STAR Publications (Malaysia) Bhd has declared a higher dividend of 12.5 sen, after posting a 19.2% increase in pre-tax profit to RM102.9mil for the year ended Dec 31, 2002.