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Business

SC: Ninety-three corporate proposals approved in third quarter

Ninety-three corporate proposals were approved by the Securities Commission (SC) during the third quarter of 2003, bringing the total number to 259 for the nine months to September.

Business

UK economic growth slows in third quarter

LONDON: UK economic growth cooled in the third quarter as headwinds to the recovery from the euro-area slump mounted.

Business

BAuto soars on higher third quarter earnings

PETALING JAYA: Shares of Bermaz Auto Bhd (BAuto) jumped after the company’s third quarter earnings soared more than 60%.

Business

MMHE returns to the black in third quarter

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) recorded a net profit of RM16.41mil for its third quarter ended Sept 30, compared with a net loss of RM4.53mil in the previous corresponding period.

Business

Malaysia third quarter growth seen picking up

KUALA LUMPUR: Malaysia’s growth is expected to steady in the third quarter, breaking a five-quarter sequence of declines, with analysts reckoning on domestic demand offsetting weak global demand for the country’s oil, gas and commodity exports.

Business

Sweden's Ericsson posts 36% fall in third quarter net profit

STOCKHOLM (AP) - Sweden's LM Ericsson AB Thursday posted a 36 percent drop in third-quarter net profit, with weaker sales of mobile network upgrades as well as expansions mainly weighing on its results.

Business

IPO approvals increase in third quarter

The size of initial public offerings (IPO)approved grew substantially in the third quarter, said the Securities Commission (SC).

Business

Public Bank third quarter profit jumps 25%

Public Bank Bhd's third-quarter profit jumped 25% as contribution from overseas operations and the performance of its mutual funds grew strongly.

Business

Maxis' good third quarter results a boon to share price

MAXIS Communications Bhd#8217;s share price is expected to rise further following the announcement of its third quarter results that were above market expectations.

Business

HLB profit at RM229m in third quarter

Hong Leong Bank Bhd (HLB) recorded a pre-tax profit of RM229mil for its third quarter ended March 31, a 23% rise compared with the corresponding quarter last year.