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YTL turns in strong interim results
YTL Corp Bhd has reported a big improvement in its half-yearly financial results, thanks in large part to the consolidation of the financial results of its British unit Wessex Water.
Prudential PLC shares skid on dividend worries
The stock of Prudential PLC skidded Tuesday after Britain's second-largest insurer posted a slight increase in 2002 profit but suggested it might halt dividend payments in 2003.
Aussie financial services giant reports huge losses
Embattled Australian financial services company AMP said Wednesday it lost 896 million Australian dollars (US$538 million) in 2002, mainly because of the plummeting British stock market.
Another generous dividend payout by BAT
BRITISH American Tobacco (M) Bhd (BAT), which reported yesterday an increase in 2002 profits that exceeded market expectations, has proposed another generous dividend payout to its shareholders.
WWE eyeing RM200m jobs to upgrade treatment system
WWE Holdings Bhd is eyeing contracts worth about RM200mil involving the upgrading of chemical and industrial waste treatment systems for various types of industries in the country, according to executive chairman Tan Sri Rozali Ismail.
AXA to focus on SMEs
WITH the search for new business in the insurance sector becoming increasingly intensive, many general insurers are discovering for themselves that fresh options sometimes may lie in areas that for far too long have not been adequately tapped.
Pop stars learn to live with pirates
Dimpled good looks and saccharin-sweet love songs may have made him an idol to millions of teenagers in China, but dark passions emerged at an album-promotion party recently when Wang Lee Hom brandished a sword to slash an oversized compact disk marked with the Chinese character for #8220;theft.#8221;
Cautious trading ahead
INVESTORS on the local bourse are likely to continue to trade cautiously in the week ahead as they wait for further developments on the US-Iraq war issue to unfold.
Qantas doubles H1 profit
Qantas Airways Ltd plans to cut flights and force staff to take leave after it warned yesterday that a war in Iraq would derail its full-year profit targets, causing its share price to tumble 12%.
