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Business 14 Jul 2003 | 12:00 AM

CI in for more technical correction

Stock Market Signals: A weekly column on the Main Board of the Kuala Lumpur Stock Exchange by G.M. Teoh.

Business 14 Jul 2003 | 12:00 AM

MPI stock riding high on the KLSE

MALAYSIA Pacific Industries Bhd (MPI) is one of the best performing Composite Index (CI) component stocks on the KLSE rally.

Business 15 Jul 2003 | 12:00 AM

Petronas Dagangan sees better results

PETRONAS Dagangan Bhd, (PDB) the retail arm of Petroliam Nasional Bhd (Petronas), expects an improvement in performance in the current year ending March 31, 2004, fuelled by new petrol station openings and better costs management.

Business 15 Jul 2003 | 12:00 AM

AXA sees bond correction, no solvency worry

The head of French insurer AXA was quoted last Saturday as saying that the firm could see further cuts in the value of its portfolio, but market worries over insurance companies' solvency had often been exaggerated.

Business 15 Jul 2003 | 12:00 AM

Earnings may add to US stock market fizz

This week's rush of quarterly earnings announcements from icons like chip leader Intel Corp and banking titan Citigroup Inc may give the US stock market another jolt higher as Corporate America hints at an improving economy.

Business 15 Jul 2003 | 12:00 AM

POSCO profit soars on higher steel prices

South Korean steel maker POSCO reported yesterday that its net profit had more than tripled in the second quarter, thanks to strong prices for high-quality steel in a tight market.

Business 15 Jul 2003 | 12:00 AM

IPOs regain strong public interest

INITIAL public offerings (IPOs) are attracting strong investor interest again, as reflected in the high rates of subscription for recent new issues. After playing it cagey for almost the whole of last year and a good part of this year, investors are pouring money back into the IPO market.

Business 15 Jul 2003 | 12:00 AM

Lam Soon sees cooking oil sales up by 10%

LAM SOON Edible Oils Sdn Bhd, a subsidiary of Lam Soon (M) Bhd, expects up to 10% higher sales of its cooking oil this year from RM150mil last year, amid an upturn in the cooking oil market.

Business 15 Jul 2003 | 12:00 AM

News in brief

News in brief on Bumi Armada Navigation, Maxis, Prestar, UPA, Landmarks, Gume, UMW and Fourseason.

Business 16 Jul 2003 | 12:00 AM

ERM to boost Magnus ops

MAGNUS Quest (M) Sdn Bhd, the company behind premier European corporate wear label, I>Magnus Quest/I>, expects business to be even better going forward with the full installation of its end-to-end enterprise resource management (ERM) system.