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Business 08 Sep 2004 | 12:00 AM

Mah Sing looks to high-yield assets

MAH Sing Group Bhd is negotiating to buy a 30% stake in MUI Continental Insurance Bhd (MUI Insurance). The insurance business will offer a return on investment (ROI) that is higher than that from the non-core assets the property developer plans to sell.

Business 05 Sep 2004 | 12:00 AM

Tech stocks take a tumble

US technology shares tumbled on Friday after Intel Corp, the world's No. 1 chip maker, slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks gained.

Business 29 Aug 2004 | 12:00 AM

Tech gains push stocks higher

US blue-chips closed at six-week highs on Friday, helped by reassuring consumer confidence data and a bounce in technology stocks, but volume was extremely thin before next week's Republican convention in New York City.

Business 27 Aug 2004 | 12:00 AM

Tokyo stocks close higher Friday, US$ down

Tokyo stocks rose Friday as bargain hunting of shares related to the domestic economy helped offset losses by technology stocks. The U.S. dollar was down against the Japanese yen.

Business 24 Aug 2004 | 12:00 AM

Tokyo stocks finish higher Tuesday

Tokyo stocks finished higher Tuesday as gains by technology and major automakers offset losses by oil-related issues. The U.S. dollar was up against the Japanese yen.

Business 24 Aug 2004 | 12:00 AM

Philippine shares close at month-low Tuesday

Philippine shares closed at their lowest level in a month Tuesday, following remarks by President Gloria Macapagal Arroyo that the country is in the middle of a fiscal crisis.

Business 22 Aug 2004 | 12:00 AM

Stocks jump as oil retreats

US stocks jumped higher on Friday, as investor worry about high fuel costs crimping consumer spending and hurting company profits eased after crude oil prices fell from their peak.

Business 20 Aug 2004 | 12:00 AM

Tokyo's main stock index end lower Friday

Tokyo's main stock index ended lower Friday as investors took profits from gains the day before. The U.S. dollar was down against the Japanese yen.

Business 20 Aug 2004 | 12:00 AM

Philippine shares end higher Friday

Manila shares closed higher Friday, taking a cue from the strong finish of Philippine Long Distance Telephone Co. in New York overnight, traders said.

Business 20 Aug 2004 | 12:00 AM

Dow Jones opens advertising firm in mainland China

The financial news publisher Dow Jones Co. said Friday it has established an advertising firm in China to serve mainland clients buying ad space in its publications around the world.