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Business 11 Nov 2008 | 12:00 AM

Asian markets stage rally on China stimulus package

Asian stock markets rallied yesterday, driven by China's announcement of a US$586bil package to revive growth in the world's fourth-largest economy.

Business 01 Nov 2008 | 12:00 AM

Markets mauled by crisis in October

The value of stocks listed on Bursa Malaysia fell RM120bil in October, with the KL Composite Index (KLCI) down 15% for the month. It was the benchmark's worst monthly performance since August 1998.

Business 01 Nov 2008 | 12:00 AM

US stocks end Oct. with worst performance in 21 years

What is it about October and stocks? The month that brought the 1929 crash, Black Monday in 1987 and other midautumn market crises delivered its worst monthly performance in 21 years.

Letters 29 Oct 2008 | 12:00 AM

Developing world in trouble too

The global financial crisis has started in the West, but developing countries are now being hit hard as their stock

Business 14 Oct 2008 | 12:00 AM

Asian and European bourses surge

Share markets in Asia and Europe surged yesterday as investors picked up battered stocks following last week's historic rout. They hope the worldwide credit crisis would ease as governments stepped up efforts to shore up the troubled financial markets.

Business 22 Jul 2008 | 12:00 AM

HLB unveils new product

Hong Leong Bank Bhd's (HLB) Himalaya Opportunity floating rate negotiable instrument of deposit (FRNID) will offer potentially higher returns than a fixed deposit.

Business 15 Jul 2008 | 12:00 AM

Asian markets slide, KLCI down 4.6 pts

Asian markets fell in the morning session Tuesday, with Hong Kong's the worst hit, on worries about the impact of the credit market losses while the local stock market was also not spared.

Business 04 Jul 2008 | 12:00 AM

Two more firms shelve Asian IPO plans

Two more firms shelved plans for initial public offerings (IPOs) in Asia, adding further gloom to a market which recently showed signs of a revival after a dismal start to the year.

Business 04 Jul 2008 | 12:00 AM

Oil rises to US$145 as investors shun equities

Crude oil rose to a record above US$145 a barrel in New York as investors sought an alternative to tumbling stock markets.

Business 31 May 2008 | 12:00 AM

Bursa-listed stocks finish May on high note

Malaysian stocks ended May on a high note as the first-quarter earnings season drew to a close. Most companies did reasonably well during the January-March period and plantation firms again led the overall charge with another bumper quarter as they continued to profit from surging crude palm oil (CPO) price.