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Business 12 Mar 2010 | 12:00 AM

Glove makers top losers’ list

PETALING JAYA: Glove counters dominated the list of losers yesterday after some traders turned cautious on the industry due to record latex prices and a strong ringgit.

Business 24 Sep 2009 | 12:00 AM

Japan mired in slump as exports, imports tumble

TOKYO (AP): Japan's exports tumbled 36 percent in August - with car shipments falling by half - and imports also contracted sharply, the government said Thursday, showing the world's No. 2 economy remains mired in a deep slump.

Business 17 Aug 2009 | 12:00 AM

Stock futures point to plunge on Wall Street

NEW YORK (AP): Wall Street looked to plunge at the opening of trading Monday as investors around the world feared that consumers are too anxious to help lift the economy into recovery.

Business 12 Mar 2009 | 12:00 AM

Dismal industrial output figures drag KLCI lower

The KLCI was lower at midday Thursday after figures released by the Statistics Department revealed a bleak picture in industrial output for January.

Business 09 Mar 2009 | 12:00 AM

Japan posts first current account deficit in 13 years (Updated)

TOKYO (AP) - Japan posted a record current account deficit in January, plunging into the red for the first time in 13 years due to plummeting demand for Japanese exports and a deepening global downturn, the Ministry of Finance said Monday.

Business 03 Mar 2009 | 12:00 AM

Loan approvals down

Overall loan approvals in the country fell for a fifth consecutive month in January, down 35.6% on an annualised basis to RM16.6bil.

Business 17 Oct 2008 | 12:00 AM

US Credit Mart: Rates edge lower, but commercial paper drops again

NEW YORK (AP) - Several key lending rates declined again Thursday, but another weekly drop in the amount of commercial paper in the market showed that the credit markets remain under stress.

Business 10 Oct 2008 | 12:00 AM

Investors stay on sidelines, await impact of rate cuts

Asia-Pacific markets remained fragile although losses were not as large as Wednesday's when a coordinated emergency rate cut by the US Federal Reserve and six other central banks did not do much to allay fears of impending global recession and more bank failures.

Business 09 Oct 2008 | 12:00 AM

Balance 28% BII block can be cheaper

Malayan Banking Bhd (Maybank) can get a lower price for the balance 28.14% stake in PT Bank Internasional Indonesia Tbk (BII), say analysts.

Business 05 Jul 2008 | 12:00 AM

Oil prices back off from record in previous session

Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chances of American or Israeli military action against OPEC's second-largest oil producer.