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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.
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.
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.
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.
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.
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.