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Business 02 Jun 2012 | 12:00 AM

Bursa responds to competition

COMPETITION and the focus on efficiency are catalysts for Bursa Malaysia to step up its game.

Business 01 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Weak China PMI exacerbates bearish sentiment for shares, euro

TOKYO: Asian shares and the euro extended losses on Friday, with Japan's Nikkei poised to log its longest losing streak in two decades, as weak Chinese factory data highlighted concerns that the euro zone debt crisis will further undermine global economic growth.

Business 01 Jun 2012 | 12:00 AM

Graff pulls US$1bil HK share offering

HONG KONG: London luxury jeweller Graff Diamonds has pulled its planned US$1bil Hong Kong initial public offering, the fourth major IPO to be called off in Asia this week, as tumbling stock markets threaten to claim yet more casualties in the region.

Business 01 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Investors stampede to safe govt debt, stocks drop

LONDON: U.S. Treasury yields hit their lowest in hundreds of years and world stocks dropped towards 2012 lows on Friday, as investors scrambled for lifelines on worries about Spain's parlous finances and China's growth outlook.

Other Sport 01 Jun 2012 | 12:00 AM

F1 delays $3 billion Singapore IPO on weak markets

LONDON/SINGAPORE (Reuters) - Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion (1.95 billion pounds) due to weak markets, with the sport's boss and part-owner, Bernie Ecclestone, saying the firm is waiting until the time is right.

Business 01 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Shares ease, wary before China, U.S. data

TOKYO: Asian shares eased on Friday, with China's factory activity data and a U.S. jobs report due later in the session making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.

Business 31 May 2012 | 12:00 AM

Spain debt woes spur flight out of risk assets to US bonds, dlr

TOKYO: Shares and commodities slid while the euro fell to its lowest in almost two years against the dollar on Thursday, as surging borrowing costs in troubled Spain heightened fears that it would not be able to rescue its banks and may have to seek a bailout.

Business 31 May 2012 | 12:00 AM

Global markets - Euro fears spur fresh demand for safe assets

LONDON: Demand for safe-haven assets kept German and U.S. Treasury debt yields near record lows on Thursday, as worries over Spain and its troubled banks kept markets nervous, although shares and the euro regained some stability.

Business 31 May 2012 | 12:00 AM

Markets slip on euro zone woes, KLCI steady

Key regional markets were in the red on Thursday, posting losess of up to 1.45%, on a growing rift over how the Europe debt crisis should be resolved.

Business 30 May 2012 | 12:00 AM

Global stocks rise, Facebook dives, Euro at near two-year low

NEW YORK: The euro neared a two-year low on Tuesday as investors fretted about Spain's troubled banking system, but global stocks jumped on speculation Greece would stay in the euro zone and news that China would take new measures to stem an economic slowdown.