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World 31 Dec 2009 | 12:00 AM

Times Square, Nasdaq reopened after scare

NEW YORK (Reuters) - New York City's Times Square was closed briefly and three buildings including a Nasdaq building were evacuated in a security scare on Wednesday, a day before the traditional New Year's Eve festivities in the famed intersection.

World 31 Dec 2009 | 12:00 AM

Nasdaq, Times Square reopened after scare

NEW YORK (Reuters) - New York City's Times Square was closed briefly and three nearby buildings, including the Nasdaq stock exchange, were evacuated in a security scare on Wednesday, police said, a day before the traditional New Year's Eve festivities in the famed intersection.

Business 09 Oct 2009 | 12:00 AM

Possible sanctions on failed trades

BASEL: European Union markets regulators will consider punishing brokers who generate risks by failing to settle trades on time as part of wider efforts to restrain short selling, a top regulator said yesterday.

Business 07 Oct 2009 | 12:00 AM

Tin tests Financial Services Authority ’s mettle

THE year-long squeeze in the London Metal Exchange's (LME) tin contract has renewed intense criticism about the ineffectiveness of commodity regulation in London.

Business 26 Aug 2009 | 12:00 AM

Should I go against the market?

AS the stock market continues to move higher, a lot of investors are wondering when it will come down again. Those who have been involved in futures trading may be tempted to short the KL Composite Index (KLCI) futures contracts.

Business 28 Apr 2009 | 12:00 AM

Japan forecasts 3.3% contraction

Japan's government yesterday slashed its economic forecasts, saying gross domestic product would shrink 3.3% over the next year, and a senior ruling party official said further stimulus would be needed.

Business 06 Mar 2009 | 12:00 AM

US stocks tumble to lowest level in 12 years

Investors retreated from Wall Street again, driven by worries about the nation's big banks and General Motors Corp.hr noshade size=-1 width=50%>

Business 24 Jan 2009 | 12:00 AM

More consolidation

K.M. Lee reviews the market situation.

Business 10 Dec 2008 | 12:00 AM

Oil rises above US$43 Wednesday as investors await OPEC cut(updated)

Oil prices rose above US$43 a barrel Wednesday in Asia as investors looked to an expected OPEC production cut next week to help stabilize prices that have plummeted amid a global economic slowdown.

Business 09 Dec 2008 | 12:00 AM

Oil steady near US$44 Tuesday as investors eye OPEC cuts

Oil prices were steady near $44 a barrel Tuesday in Asia as investors anticipated that OPEC will announce a big production cut next week to stabilize crude prices that have fallen about 70 percent in five months.