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Business 29 Jun 2007 | 12:00 AM

Petronas profit up 8%

Petroliam Nasional Bhd (Petronas) has announced yet another year of record profits but warned that cost pressures and shortages in the industry are a serious threat to future production.

Business 28 Aug 2007 | 12:00 AM

US stocks fall following drop in July home sales

NEW YORK (AP) - Wall Street pulled back Monday, losing momentum from last week's gains after news that sales of existing homes slipped in July for a fifth straight month stirred concerns about the strength of the U.S. economy.

Business 24 Jan 2008 | 12:00 AM

Global markets to remain in a flux

ASIAN markets rebounded strongly in the wake of turmoil in global stock markets but is the sharp advance and a massive interest rate cut by the US Federal Reserve (Fed) sufficient to convince people a US recession will be avoided?

Business 16 Apr 2008 | 12:00 AM

Manufacturers upbeat in Q1

Manufacturers were surprisingly upbeat in the January-March period, underpinned by higher sales, production volumes and expected export sales, according to the Malaysian Institute of Economic Research (MIER).

Business 17 Apr 2008 | 12:00 AM

Manufacturers upbeat in Q1, Mier survey shows

Manufacturers were surprisingly upbeat in the first quarter of this year, underpinned by higher sales, production volumes and expected export sales, according to a Malaysian Institute of Economic Research (Mier) survey.

Business 03 Jul 2008 | 12:00 AM

US factory orders post weakest performance in 3 months

WASHINGTON (AP) - Orders to U.S. factories turned in the slowest performance in three months in May as a surge in demand for commercial aircraft was not enough to offset weakness in autos, heavy machinery and steel.

Business 16 Jul 2008 | 12:00 AM

People need to know where Petronas’ contribution to Govt has gone

IT was not a surprise when Petroliam Nasional Bhd (Petronas) announced a record profit for its financial year ended March 31 (FY08). Also expected was the bumper dividend that followed to the Government.

Business 22 Aug 2008 | 12:00 AM

US stocks end mixed on rising oil, financial worries

Wall Street closed mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish analyst call on Lehman Brothers Holdings Inc. that eased worries about the financial sector.---------------------------------------------------------------------

Business 03 Sep 2008 | 12:00 AM

US stock fail to rally, oil price down

Wall Street succumbed to its ongoing angst Tuesday, giving up a sharp advance and turning moderately lower after falling oil prices failed to calm the market's nervousness about the economy and the financial sector.---------------------------------------------------------------------------------

Business 05 Sep 2008 | 12:00 AM

Concern over scope of reinvestment allowance

WHAT stands out upon a close look at Budget 2009 is that it is one of the few budgets where investment incentives are not given prominence.