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LONDON (Reuters): The euro hit a fresh 22-month low and European shares gave up early gains on Thursday after data showed Europe's economic slump has worsened, as talk of a Greek exit and a lack of progress in tackling the debt crisis hits business confidence.
TOKYO (Reuters): Asian shares steadied on Thursday but remained vulnerable amid signs that European leaders were unable to deliver meaningful measures to resolve the region's deepening debt crisis, heightening the risk of Greece leaving the currency bloc.
PETALING JAYA: Malaysia Airlines (MAS) yesterday surprised the market place with a massive RM9bil fund raising proposal that involves the issuance of bonds and taking a loan.
CARACAS (Reuters) - Venezuela's Congress voted on Tuesday to double the amount the government can borrow from China under a deal that lets the OPEC nation repay loans with oil, potentially adding to the debt burden taken on under President Hugo Chavez.
NEW YORK: Global stocks on Monday rebounded from lows for the year and oil prices rose for the first time in four sessions as world leaders emphasized support for growth in the euro zone, and China said priority should be given to maintaining its economic expansion.
Malaysian Airline System Bhd's (MAS) net losses in the first quarter ended March 31, 2012 were lower at RM171mil compared with the RM242mil a year ago.