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Business 01 Jul 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief: 'Hutchison launches bonds', 'Aristocrat ex-CEO claims damages', 'Unisteel director resigns,' 'All Nippon places aircraft order,' and 'EVA takes delivery of plane'.

Business 04 Jul 2003 | 12:00 AM

Renewed interest in KLSE

The past few days of very strong gains on the KLSE are bringing back smiles on the faces of stock market investors. With renewed interest and optimism in the market, punters are steadily trooping into the viewing galleries of stockbroking houses again, to share 'hot' tips and talk about the gains to be made.

Business 10 Jul 2003 | 12:00 AM

Focus turns to cyclical stocks

GIVEN the growing optimism on the economic front and better earnings visibility, investment analysts and strategists think now is the time to increase exposure to cyclical stocks that are sensitive to economic health.

Business 12 Jul 2003 | 12:00 AM

Earnings poised to improve in H2

MALAYSIAN corporate earnings, after having taken a hit in the second quarter, are expected to turn around in the second half this year in line with the improving economic outlook, analysts said.

Business 17 Jul 2003 | 12:00 AM

Investors cool over Tanjong project

FOR Europeans yearning for a holiday in a tropical paradise without having to travel too far away from home, a resort island right in the heart of Germany, complete with a rainforest, beaches, water parks and a tropical flowers world, could well prove an irresistible draw.

Business 05 Aug 2003 | 12:00 AM

Foreign business news in brief

Foreign business news in brief including from Singapore that loss-making ST Assembly Test Services Ltd, Asia's fifth largest microchip tester, said yesterday it has appointed a new chief financial officer, Dov Oshri, to hasten its return to profitability. He takes over from Pearlyne Wang.

Business 14 Aug 2003 | 12:00 AM

Foster’s plans US$1b IPO for pubs unit

B>MELBOURNE: /B>Foster's Group Ltd, Australia's best-known beer maker, is looking to sell more than 100 pubs through an initial public offering (IPO) to raise nearly US$1bil for possible use in buying more wine makers, most likely in the United States.

Business 15 Aug 2003 | 12:00 AM

Asia again generates lots of Internet traffic

INTERNET traffic, which was mostly moving from Asia to the United States previously, has seen a reversal of late as a result of improved Asian-generated content and businesses in the last two years, says William Barney, president and chief operating officer of Asia Netcom, a telecommunications carrier.

Business 19 Aug 2003 | 12:00 AM

Toys "R" Us narrows second-quarter loss

Giant toy retailer Toys R'' Us Inc. said Monday it cut its second-quarter loss by a third as higher sales for its Internet, international and baby products divisions helped offset rising overhead expenses and slumping sales at its U.S. toy and children's apparel stores.

Business 19 Aug 2003 | 12:00 AM

Mayban Unit Trust targets RM2.2bil fund size

MAYBAN Unit Trust Bhd, a member of the Maybank group, hopes to achieve RM2.2bil in total fund size for the financial year ending June 30, 2004, with focus on meeting different investors' needs.