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Business 21 Oct 2003 | 12:00 AM

British online betting exchange upsets world of sports betting

The traditional British betting shop sees itself as a social institution, a convivial place where people can wager a few pounds on a horse race or soccer game. But to entrepreneur Andrew Black, bookmakers are financial parasites that build a fat profit into all the odds they offer.

Business 19 Oct 2003 | 12:00 AM

Arm leaders with code of ethics


Business 18 Oct 2003 | 12:00 AM

China feared overheating

China's economy roared ahead in the year ending September, stoking concerns that the world's sixth largest economy and an increasingly important buyer of Asian exports is in danger of overheating.

Business 15 Oct 2003 | 12:00 AM

HSBC to offer Islamic insurance

HSBC Holdings Plc plans to become the first international bank to offer insurance products compliant with Islamic law, the Financial Times said, citing an executive of the company.

Business 13 Oct 2003 | 12:00 AM

Spam e-mail drains corporate resources

SPAM e-mail is a growing problem in Malaysia, which is not only annoying but can severely drain corporate resources in terms of time and money, according to a study conducted by the National Information Communication Technology Security and Emergency Response (NISER) in collaboration with ACNielsen.

Business 12 Oct 2003 | 12:00 AM

The Asian tigress in action


Business 10 Oct 2003 | 12:00 AM

STT clears hurdle in Global Crossing buy

Singapore Technologies Telemedia (STT) has cleared the final major hurdle to buying a majority stake in bankrupt Global Crossing Ltd after US communications regulators gave the deal the green light.

Business 10 Oct 2003 | 12:00 AM

Ten Network of Australia turns around

Australia's third ranked television broadcaster, Ten Network Holdings Ltd, has swung back to profitability, buoyed by a pick-up in advertising on the back of its youth-oriented programming.

Business 09 Oct 2003 | 12:00 AM

SC auditing asset management firms

THE Securities Commission will audit the accounts of all asset management companies nationwide to check breaches of securities law by industry players, said chairman Datuk Ali Abdul Kadir.

Business 05 Oct 2003 | 12:00 AM

Holistic approach to governance

Many people view corporate governance as a means by which organisations can ensure their activities do not put at risk a key feature of business, that of reputation.