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Business 19 Jul 2003 | 12:00 AM

News in brief

News in brief on IJM and Public Bank.

Business 19 Jul 2003 | 12:00 AM

23 sen premium for Astino on second board debut

ASTINO Bhd made its debut on the KLSE second board yesterday with a premium of 23 sen over its offer price of 75 sen.

Business 19 Jul 2003 | 12:00 AM

Review of Global Crossing plan to sell stake extended

The Committee on Foreign Investment in the United States (CFIUS) will extend its review of bankrupt Global Crossing Ltd's plan to sell a majority stake to a company owned by an arm of the Singapore government, a person familiar with the review said on Thursday.

Business 02 Apr 2004 | 12:00 AM

Japan recovery spreads

More Japanese companies felt business was better in March than at any time in almost seven years, a closely watched Bank of Japan (BOJ) report showed yesterday, a further sign a recovery is spreading throughout the economy.

Business 02 Apr 2004 | 12:00 AM

Asia can go big in EDA software

EXSEDIA Sdn Bhd, a local electronic design automation (EDA) software provider, expects countries in Asia to play a bigger role in providing competitively priced EDA systems in the near future, its founder and chief executive officer Abdul Razak Bahrom said.

Business 02 Apr 2004 | 12:00 AM

Shares in top Japanese banks likely to make further gains

Shares in Japan's top banks more than doubled in value in the financial year that ended on Wednesday, and should chalk up further gains in the coming year as the country's economic recovery gathers pace, analysts say.

Business 02 Apr 2004 | 12:00 AM

KL market to outperform Asian peers

THE KL stock market will outperform its peers in Asia this year against the backdrop of stable political and favourable economic conditions in the country, said Standard Poor's (SP) director and general manager of Asia equity research, Charles Wheeler.

Business 02 Apr 2004 | 12:00 AM

South Korea unveils record trade data, prices a worry

Booming sales to China and rising capital investment drove South Korea's exports and imports to record highs in March, the government said yesterday, but separate data showed inflation remained a worry for the economy.

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

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.