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Business

SC approves 82 corporate proposals in third quarter

THE Securities Commission (SC) has approved 82 corporate proposals in the third quarter of this year.

Business

Strong third quarter quarter GDP growth of 7.2% for US

The US economy rocketed ahead at its fastest pace in nearly two decades in the third quarter as consumers, their wallets fattened by tax cuts, went on a buying spree, the government said yesterday.

Business

REDtone's third quarter profit up 22.6%

REDTONE International Bhd delivered a strong set of results for its third quarter (Q3) ended Nov 30, 2004, profit after tax increasing 22.6% to RM7.06mil, from RM5.76mil in the previous quarter.

Business

Japan third quarter growth adds to evidence of global upturn

Surprisingly strong third-quarter economic growth in Japan is the latest sign the global economy is coming out of the slump it fell into when the technology bubble burst in 2000.

Business

Amazon swings to a profit in third quarter

Amazon.com swung to a profit for the third quarter as net sales surged 33 percent in a strong back-to-school season and the company benefited from favorable exchange rates.

Business

Mier: Improved consumer confidence in third quarter

THE Malaysian Institute of Economic Research (Mier) said its third quarter to September consumer sentiment index rose to 112.8 points from 106.9 in the second quarter to June, marking the third consecutive increase this year.

Business

US economy resilient in third quarter as global growth cools

WASHINGTON: The U.S. economy grew at a much faster pace than initially thought in the third quarter, pointing to strengthening fundamentals that should help it weather slowing global demand.

Corporate News

Magni-Tech net profit 14% higher in third quarter

PETALING JAYA: Garment manufacturer Magni-Tech Industries Bhd’s net profit in the third quarter of financial year of 2019 (3Q19) rose by 14.39% year-on-year (y-o-y), led by higher foreign exchange gain and lower operating expenses.

Business

MBSB shares rise 4% on back of third quarter earnings

KUALA LUMPUR: Shares of Malaysia Building Society Bhd (MBSB) rose over 4% in early trade Wednesday on the back of its third quarter earnings.

Business

Hai-O net profit for third quarter increases to RM19.25mil

PETALING JAYA: Hai-O Enterprise Bhd’s net profit rose by 25.33% to RM19.25mil in its third quarter ended Jan 31, 2018 from the same quarter a year ago.