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Financial chaos spreads worldwide

The volatility in equity markets is transforming into a liquidity crisis which last week also hit the ordinaryinvestor when stock markets worldwide fell steeply. No one knows how wide and deep the crisis will spread.

Second day of ECB action to calm credit markets

The European Central Bank mounted a second day of action to calm panicky credit markets yesterday, after Asian central banks joined a global campaign by monetary authorities to inject extra cash into banking systems.

Malaysian and Asian stocks plunge (second update)

The Benchmark Kuala Lumpur Composite Index (KLCI) fell 25.69 points or 1.96% to close at 1287.7 on Friday.hr noshade size=1 width=50%>

Equine Capital plans RM800mil projects

EQUINE Capital Bhd (ECB) is launching RM800mil worth of properties in Kuala Lumpur and Penang for its current financial year ending March 2008.

Seri Kembangan a middle-class area in the making

SERI Kembangan is fast transforming from a sleepy hollow into a middle-class neighbourhood as this area is a 'hot spot' of housing activities, much like Puchong in the mid to late 1990s.

Struggling Vaughan quits as one-day skipper

Michael Vaughan resigned as England's one-day captain with immediate effect here on Monday.

It’s all over for Lara

West Indies captain and batting great Brian Lara announced his retirement from international cricket on Thursday, hours after England coach Duncan Fletcher quit his job.

Fletcher quits as England coach after World Cup flop

Duncan Fletcher quit as England coach yesterday following the team's dismal World Cup campaign, the England and Wales Cricket Board announced.

Euro rising on improving EU economy

Expectations of a further interest rate hike and the improving economic fundamentals in the European Union (EU) are anticipated to keep the euro strong, economists say.

Equine buys Penaga Pesona

Equine Capital Bhd (ECB) will acquire the entire equity of Penaga Pesona Sdn Bhd (PPSB) for RM12mil in line with increasing the former's need for land bank.