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Business 13 Aug 2003 | 12:00 AM

Forex, fuel costs hit Kepco profit

State-run power monopoly Korea Electric Power Corp (Kepco) reported yesterday a 20% drop in second-quarter profit due to smaller foreign exchange gains, higher fuel costs and slower growth in demand.

AseanPlus News 13 Aug 2003 | 12:00 AM

Forex, fuel costs hit Kepco profit

State-run power monopoly Korea Electric Power Corp (Kepco) reported yesterday a 20% drop in second-quarter profit due to smaller foreign exchange gains, higher fuel costs and slower growth in demand.

Business 30 Jul 2003 | 12:00 AM

TNB posts RM205mil net profit for third quarter

TENAGA Nasional Bhd (TNB) has reported a stronger set of numbers for the third quarter ended May 31 as a result of higher electricity consumption and lower foreign exchange losses. The group's year-to-date results, however, were marginally lower than a year ago despite the higher sales.

Business 21 Jul 2003 | 12:00 AM

Taiwan seeks to boost trade investments

StarBiz journalist Alvin Tay, who was in Taipeh recently, interviews Taiwan Deputy Minister for Economic Affairs Steve Ruey-long Chen on what Taiwan intends to do to boost trade and invetsments in Asean.

Business 17 Jun 2003 | 12:00 AM

US dollar down weaker confidence

THE US dollar has continued to weaken against other major world currencies after a sudden drop in American consumer confidence, suggesting that there could be a larger-than-expected cut in US interest rates towards the end of the month.

Nation 07 Jun 2003 | 12:00 AM

Foreigner claims trial

A foreigner pleaded not guilty in a Sessions Court yesterday to having two forged travellers cheques.

Nation 04 Jun 2003 | 12:00 AM

Stability from sound economic measures

IT IS gratifying to note that the International Monetary Fund has once again commended Malaysia for its economic and financial reforms to fight the Asian financial crisis.

Letters 04 Jun 2003 | 12:00 AM

Stability from sound economic measures

IT IS gratifying to note that the International Monetary Fund has once again commended Malaysia for its economic and financial reforms to fight the Asian financial crisis.

Business 23 May 2003 | 12:00 AM

Hong Leong Bank adds two currencies to student forex

Hong Leong Bank Bhd has recently added the euro and Singapore dollar to the Hong Leong Student Forex Rates.

Business 20 May 2003 | 12:00 AM

Aussie dollar soars to 40-month high against US dollar

THE Aussie dollar leapt to a 40-month high of 65.69 US cents against the US dollar, thanks to rising pressure on the greenback following US Treasury Secretary John Snow's comment that the long-standing strong dollar policy did not imply any view about the exchange rate.