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Business 15 Apr 2004 | 12:00 AM

Select plantation stocks on analysts’ radar screens

MOST research houses have placed a 'buy' call on plantation stocks, especially select pure plantation players, in anticipation of continued bullishness in crude palm oil (CPO) prices and tightness in global edible oils supply.

Business 15 Apr 2004 | 12:00 AM

Khazanah: Proton stake sale on

KHAZANAH Nasional Bhd has confirmed that it is looking to sell up to a 20% stake in Perusahaan Otomobil Nasional Bhd (Proton) to a foreign carmaker.

Business 15 Apr 2004 | 12:00 AM

EVA Airways raising cash for payment on Boeing jets

EVA Airways Corp., Taiwan's second largest airline, said Thursday it plans to raise between 4 billion New Taiwan dollars (US$121 million) and NT$5 billion (US$151 million) by the end of the third quarter to help cover its down payment on 15 Boeing Co. aircraft.

Business 15 Apr 2004 | 12:00 AM

Tokyo stocks plunge Thursday, US$ up against yen

Tokyo's main stock index plunged more than 2 percent Thursday on growing concerns about the worsening security in Iraq after reports of more Japanese being kidnapped there. The U.S. dollar was up against the yen.

Business 15 Apr 2004 | 12:00 AM

Mixed views on steel bars price hike

THERE were mixed reactions to the announcement by the Domestic Trade and Consumer Affairs Minister Datuk Mohd Shafie Apdal yesterday that the price of steel bars and billets would be revised upwards.

Business 15 Apr 2004 | 12:00 AM

Taiwan shares end sharply lower Thursday

Taiwan shares snapped a three-session winning streak Thursday, closing sharply lower on profit-taking after a strong rise a day earlier, analysts said.

Business 15 Apr 2004 | 12:00 AM

Dr M: Proton must raise its game

FORMER Prime Minister Tun Dr Mahathir Mohamad said yesterday he had been appointed adviser to Perusahaan Otomobil Nasional Bhd (Proton) and would tell the national car maker to raise its game and find a suitable foreign partner.

Business 16 Apr 2004 | 12:00 AM

Program selling by hedge funds drags down market

THE KL stock market dipped further yesterday as program selling of local shares by offshore hedge funds continued for a second day.

Business 16 Apr 2004 | 12:00 AM

China first quarter GDP grows 9.7%, investment surge a worry

China's gross domestic product (GDP) for the first quarter 2004 was 9.7% higher than a year earlier as heavy investment helped to extend rapid growth that has fanned fears of economic overheating.

Business 16 Apr 2004 | 12:00 AM

Steel issue yet to be resolved

THE steely gulf between builders and steel millers is wider than ever despite the Government's announcement on Wednesday of higher ceiling prices for steel bars and billets, aimed at alleviating the shortage.