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Business 20 Feb 2003 | 12:00 AM

Economists expect M’sia 4th quarter GDP to rise 5%-6%

MALAYSIA'S fourth quarter gross domestic product (GDP) is expected to have risen 5%-6% year-on-year after a gain of 5.6% in the third quarter, bringing full-year 2002 growth to 4%, economists said.

Business 22 Feb 2003 | 12:00 AM

SGX records higher 2nd quarter net profit of S$12.39mil

SINGAPORE Exchange Ltd (SGX) said yesterday that uncertainty in the equity market hit trading volumes in its fiscal second quarter, but its net profit showed a year-on-year increase because a one-off provision had hurt its bottom line the year before.

Business 22 Feb 2003 | 12:00 AM

Yikon to make further inroads into China market

YIKON CORP BHD, a specialist in the manufacturing and distribution of gold jewellery, plans to further penetrate China's gold market by establishing four more retail outlets in various strategic locations this year, group general manager Lew Woon Sang said.

Business 22 Feb 2003 | 12:00 AM

Redefining Disney style

FOR much of the 1990s, the Walt Disney Co consumer products division was a runaway revenue engine. Operating income grew US$100 million per year, topping out at US$893 million in 1997, as Disney stores sold out of rack after rack of merchandise inspired by #147;The Lion King#148; and other animated hits. No self-respecting fourth-grader would let his parents push him out the door without an #147;Aladdin#148; lunchbox.

Business 24 Feb 2003 | 12:00 AM

Iraq, drought will weigh on Aussie budget

Australia's finance minister, Treasurer Peter Costello, warned Monday that a crippling drought and Australia's commitment to a possible war in Iraq would weigh heavily on the budget.

Business 24 Feb 2003 | 12:00 AM

Japan's trade surplus falls in January

Japan's trade surplus fell 42.8 percent from the year earlier in January, its first contraction in 11 months, as exports lost steam under a strengthening yen, the Finance Ministry announced Monday.

Business 25 Feb 2003 | 12:00 AM

BHP Billiton profit hurt by strong rand

Diversified mining giant BHP Billiton Ltd/Plc reported a 19.4% fall in first-half profit yesterday as a strong South African rand boosted its debt costs and offset solid demand from China.

Business 26 Feb 2003 | 12:00 AM

S'pore seen dabbling with deficits

MOUNTING job losses, half-empty office buildings and falling tax revenues are an unusual backdrop for the Singapore government as it prepares to unveil a budget short on surprises and with a rare deficit.

Business 26 Feb 2003 | 12:00 AM

Sour times for Australian winemaker

Australia's corporate watchdog said Wednesday it was launching a court action against Southcorp, the country's largest winemaker, triggering another slump in the company's already beleaguered share price.

Business 28 Feb 2003 | 12:00 AM

Measures to boost KLSE to be proposed for stimulus package

MEASURES to boost the KLSE will be among the instruments that will be proposed in the government#039;s upcoming comprehensive stimulus package, according to Second Finance Minister Datuk Dr Jamaluddin Jarjis.