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Business 06 Jul 2006 | 12:00 AM Premium

Market regaining interest

Interest is anticipated to return to the equity market as the World Cup draws to an end this weekend, analysts said.

Business 09 Apr 2006 | 12:00 AM Premium

Boeing agrees to $15 million arms-control fine

CHICAGO (AP) - The Boeing Co. has agreed to pay $15 million (euro12.3 million) to settle federal allegations that it broke the law by selling commercial airplanes equipped with a small chip that has military applications.

Business 23 Jan 2006 | 12:00 AM Premium

Oil could top US$100 a barrel if UN sanctions imposed on Iran

VIENNA: A surge in oil prices last week to almost $70 a barrel on concerns about the restart of Iran's nuclear programme only hints at what may lie ahead.

Business 25 Dec 2005 | 12:00 AM Premium

Japan Cabinet approves 79.69 trillion yen draft budget for fiscal 2006

Japan's Cabinet on Saturday approved a nearly 80 trillion yen (US$687.9 billion; euro579.9 billion) draft budget for fiscal 2006 that would slash spending across the board to reflect government efforts at fiscal reform.

Business 20 Jul 2005 | 12:00 AM Premium

Oil maneuvers by China, India, challenge Washington

Iran, Sudan, Venezuela, Syria - nations shunned by America as nuclear threats, insurgent havens or human rights violators are increasingly being wooed by China and India in a race for oil and influence that is challenging Washington on the energy and security fronts.

Business 24 Jun 2005 | 12:00 AM Premium

US energy-security fears unwarranted in Chinese firm's bid for Unocal

The acquisition of Unocal Corp. by China's state-owned oil company CNOOC Ltd. would not pose a threat to the United States' energy security, industry analysts said Thursday, arguing that fears being stirred up in Congress are unwarranted.

Business 24 May 2005 | 12:00 AM Premium

Raytheon wins $3b US Navy contract

The U.S. Navy has awarded Raytheon Co. a $3 billion (euro2.39 billion) contract to develop radar, electronic and weapons systems for a new class of destroyers envisioned as the high-tech future of the U.S. fleet.

Business 08 Mar 2005 | 12:00 AM Premium

BAE buying US defence rival for US$4b

Europe's biggest defence company, BAE Systems, yesterday agreed to buy US rival United Defense Industries for US$3.974bil cash to bolster its position in the fast-growing land systems sector.

Business 03 Oct 2004 | 12:00 AM Premium

JWT grabs four golds at Kancil Awards

Multinational advertising agency J. Walter Thompson Sdn Bhd (JWT) solidified its already-strong creative reputation on Friday night by winning the top prize at the Kancil Awards.

Business 22 Sep 2003 | 12:00 AM Premium

What does one do with North Korea?

DURING a United Nations session in the 1960s, Nikita Khrushchev pounded on a table with his shoe. The leader of the Soviet Union, the man responsible for thousands of nuclear warheads, was hammering his point with his shoe.