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Business

Analysts: Oil remains volatile

With oil prices touching a high of US$74.22 per barrel on Thursday in London as well as Brent crude prices settling above US$73, economists agree that oil prices could remain volatile for a while.

Business

More foreign funds expected

Comments from various analysts and others on the prospects for the ringgit and the stock market.

Business

SBB global fund fully subscribed

SBB Mutual Bhd said all 400 million units of itsIGlobal Balanced Fund/I(GBF) were fully-subscribed on March 14, less than two months after its launch.

AseanPlus News

Western protectionism can hurt global growth

A CHINESE oil company's attempt to buy over an American oil company was stopped. An Indian-owned steel company's attempt to buy over a European steel company is meeting similar resistance.

Business

SBB Mutual targets over 5% growth for its funds

SBB Mutual Bhd is targeting a growth of more than 5% for funds under its management on expectation of good growth for the unit trust industry this year, said chief executive officer Tan Beng Wah.

Business

More new SBB Mutual funds

SBB Mutual Bhd is looking to launch more funds this year, especially foreign investment funds, in its partnership with US-based Franklin Templeton Investments.

Business

Bullish Asian outlook can help cushion oil shock

Brighter growth prospects for Asia over the next 12 months have raised hopes that regional economies will cope should oil prices again breach US$70 a barrel.

Letters

Concern over job vacancies

At the Davos gathering last week, many economists warned that global growth would likely slow down this year. And a UN agency highlighted the problem of 'jobless growth', with an unemployment crisis looming worldwide writes MARTIN KHOR.

Business

Leading British forecaster says global growth slow

LONDON: A leading British forecasting group presented a gloomy outlook for global growth Friday, warning that the euro area remains weak while the economic outlook for the United States has deteriorated.

AseanPlus News

Economygrows 9.9% to RM8.6tril

The economy expanded with full force last year, rising by a conspicuous 9.9% over 2004, the National Bureau of Statistics said in a statement in Beijing yesterday.