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Business 27 Mar 2005 | 12:00 AM

US stocks lose steam before holidays

US blue chip stocks ended a hair lower on Thursday, retreating from earlier gains as oil prices resumed their climb and investors were unwilling to take large positions ahead of a long holiday weekend.

Business 22 Mar 2005 | 12:00 AM

IAC nears deal to buy Ask Jeeves for US$2bil

IAC/InterActiveCorp, an Internet conglomerate run by media mogul Barry Diller, is near a deal to buy web-search service Ask Jeeves Inc, sources familiar with the matter said.

Business 20 Mar 2005 | 12:00 AM

Dow inches up, Nasdaq dips

US blue-chip stocks ended a touch ahead on Friday but the Nasdaq closed at a 2005 low, capping a choppy session as the long-awaited rebalancing of the Standard Poor's index was combined with quarterly options expiration.

Business 17 Mar 2005 | 12:00 AM

Oil prices, disappointing GM outlook pull US stocks lower

Wall Street stumbled Wednesday after crude oil prices shot up to another new high, passing $56 a barrel and raising the specter of higher inflation and interest rates. General Motors Corp.'s grim outlook for its first quarter took an added toll on the Dow Jones industrials, which fell more than 110 points.

Business 17 Mar 2005 | 12:00 AM

Tokyo stocks finish lower Thursday

Tokyo stocks finished lower following Wall Street's weakness overnight, compounded by rising global oil prices. The U.S. dollar was slightly lower against the Japanese yen and the euro.

Business 15 Mar 2005 | 12:00 AM

RHB Capital gets nod for co-branded Islamic index deal

RHB Capital Bhd said its wholly owned subsidiary, RHB Research Institute Sdn Bhd, has agreed to establish and market a new co-branded Islamic index with Dow Jones Co.

Business 14 Mar 2005 | 12:00 AM

Tokyo stocks finish lower on Monday

Tokyo stocks finished lower Monday as investors sold technology and auto issues after Wall Street's weak finish last week. The U.S. dollar rose against the Japanese yen but was lower versus the euro.

Business 13 Mar 2005 | 12:00 AM

Rally ends amid inflation fears

Wall Street's rally hit the skids over the past week as surging oil and commodity prices raised fears of inflation that may eventually crimp economic growth.

Business 11 Mar 2005 | 12:00 AM

Tokyo stocks finish higher Friday

Tokyo stocks finished higher Friday on gains by technology blue chips and banking issues

Business 11 Mar 2005 | 12:00 AM

US stocks mixed on inflation concerns

Conflicting signals on inflation kept stocks mixed Thursday as investors abandoned riskier stocks and moved to safer blue-chip companies