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Business 27 Feb 2004 | 12:00 AM

Foreign business news in brief

News in brief: 'China forex reserves up to US$415bil', 'Brascan details Canary Wharf bid', 'Adviser, CalPERS rap Disney chief GM', 'China partner agree on fourth plant', and 'Singapore GDP rose 18% in January'.

Business 25 Feb 2004 | 12:00 AM

Royal Selangor gets good response at UK fair

ROYAL Selangor's whimsical I>Winnie The Pooh/Icollection, its newest collection of 13th licensed pewter christening gifts and collectibles, attracted a lot of attention and enquiries from international buyers when it was launched at the recently concluded Spring Fair Birmingham (SFB).

Business 19 Feb 2004 | 12:00 AM

US stocks mixed on disappointing construction report

A drop in housing starts and a rally in the U.S. dollar on currency markets sent stocks lower Wednesday as the news gave investors an incentive to collect profits.

Business 19 Feb 2004 | 12:00 AM

Comcast stands pat as Disney buys Muppets

The Walt Disney Co has clinched its own long-sought deal to buy the Muppets after rejecting a hostile takeover bid by cable TV operator Comcast Corp. The deal to buy I>Kermit the Frog/Iand the rest of the fabled Muppets from Jim Henson Co was announced late on Tuesday, concluding a courtship that had lasted more than a decade.

Business 18 Feb 2004 | 12:00 AM

Disney rejects Comcast offer and backs Eisner

Walt Disney Co's board has unanimously rejected cable TV operator Comcast Corp's unsolicited takeover bid as too low and endorsed chairman and chief executive Michael Eisner and his strategy for the company.

Business 15 Feb 2004 | 12:00 AM

US market remains bullish

With help from Fed chief Alan Greenspan, Wall Street's blue chips managed to eke out modest gains over the past week, with analysts saying the bull market remains intact even after 11 months.

Business 13 Feb 2004 | 12:00 AM

Comcast makes surprise US$50bil bid for Disney

US cable operator Comcast Corp has launched a surprise bid to buy Walt Disney Co for about US$50bil in stock, a deal that would create the world's largest media company and further threaten embattled Disney chief executive Michael Eisner.

Business 05 Jan 2004 | 12:00 AM

Book briefs

Book review compiled by Chong Kin Onn.

Business 03 Dec 2003 | 12:00 AM

Disney power struggle flares

B>LOS ANGELES: /B>A simmering feud for control of Walt Disney Co has boiled to the surface with two prominent directors, including Roy Disney, quitting the board to fight for the ouster of chairman Michael Eisner, a move other directors have described as a #8220;destructive course#8221;.

Business 22 Nov 2003 | 12:00 AM

Solid movie slate boosts Disney profits

A strong movie and home video slate and gains in its broadcast and cable TV networks have enabled The Walt Disney Co to turn in a fourth-quarter net profit that was more than double that of a year ago.