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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.
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.
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.
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.
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.
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.