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Business 29 Jan 2003 | 12:00 AM

Fujitsu in the red for 7th quarter

Fujitsu Ltd, Japan#8217;s No.1 computer maker, reported its seventh straight quarter of net losses yesterday, hit by weak information technology (IT) spending, but kept its earnings targets for the year to March with vows of a fourth-quarter rebound.

Business 30 Jan 2003 | 12:00 AM

RM100mil for new Texchem food unit

TEXCHEM Resources Bhd (TRB) plans to pump up to RM100mil into its newly-formed food business division by 2010, according to group executive chairman and president Datuk Seri Fumihiko Konishi.

Business 30 Jan 2003 | 12:00 AM

Sony scores record Q3 profit with games, movies

Entertainment conglomerate Sony Corp has achieved a record net profit for its third quarter as its I>PlayStation 2/Itrounced the competition and movies like I>Spider-Man/Igot a new life in DVD releases.

Business 01 Feb 2003 | 12:00 AM

The potential of Valuecap

From-loaded pump priming targeted at the stock market is deemed the quickest way to fuel the economy. In a recent report, research house UOB Kay Hian explains why exactly.

Business 11 Feb 2003 | 12:00 AM

Iraq war to slow E. Asia growth

East Asian economies grew a robust 6.1% in 2002 but face tougher times from higher oil prices this year if a war in Iraq drags on, the Asian Development Bank (ADB) said yesterday.

Business 11 Feb 2003 | 12:00 AM

Report: Merrill Lynch in talks to fund Japan's biggest bank

Mizuho Holdings Inc., looking to speed its bad loan cleanup, is nearing an agreement with Merrill Lynch Co. for 150 billion yen (US$1.25 billion) in funding from the U.S. financial giant, a Japanese newspaper said Tuesday.

Business 12 Feb 2003 | 12:00 AM

OYL a must-have for serious stock pickers

OYL Industries Bhd may not be a #147;cool#148; stock among punters but its shares would have been frozen solid in the portfolio of many serious stock pickers for simple reasons.

Business 12 Feb 2003 | 12:00 AM

Valuecap gears up to perform commercially on own strength

VALUECAP Sdn Bhd is set up to run commercially and does not intend to turn to the government for assistance even if its investments do not perform, said chairman Anwar Aji.

Business 13 Feb 2003 | 12:00 AM

Greenspan queries need for economic stimulus

B>WASHINGTON: /B>Uncertainty about a possible war with Iraq is making diagnosis of the American economy's health so tough it would be best to hold off on fresh stimulus for now, according to US Federal Reserve chairman Alan Greenspan.

Business 13 Feb 2003 | 12:00 AM

Usains projects RM30mil in turnover

USAINS Holding Sdn Bhd, a specialist in multi-disciplinary projects and consultancy work from the public and private sectors, is projecting a turnover of about RM30mil for the 2003 fiscal year ending in December, up about RM6mil from RM24mil in 2002, according to its group managing director Prof Gan Ee-Kiang.