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Business 22 May 2012 | 12:00 AM

GLOBAL MARKETS-Stocks, oil rise as G8 leaders pledge growth

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.

Business 22 May 2012 | 12:00 AM

MAS Q1 losses shrink to RM171m from RM242m year ago

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.

Business 22 May 2012 | 12:00 AM

GLOBAL MARKETS-Shares gain on hopes of action over EU crisis

LONDON (Reuters): European shares joined a global rally in riskier assets on Tuesday and German bond prices fell as hopes grew that European leaders would agree on fresh action to tackle the debt crisis while promoting growth.

Nation 22 May 2012 | 12:00 AM

MAS registers RM171mil loss for 1Q, 29% lower than last year

SUBANG: The MAS Group registered a loss after tax of RM171mil for the first quarter ended 31 March, a significant 29% reduction from the RM242mil loss for the same period last year.

Business 19 May 2012 | 12:00 AM

A summer of discontent

Lin See-Yan provides some analysis of the dire state the European economy is in.

Business 19 May 2012 | 12:00 AM

Global markets’ Achilles heel

THE panic buying for safe assets sparked by Greece’s political paralysis is fueling demand for US government bonds, pulling down yields on various treasury maturities near their historic lows, as well as sending global markets and commodities tumbling down.

Community 19 May 2012 | 12:00 AM

RM1,000 psf could soon be the new benchmark for residential property developments in PJ

IT IS not a question of whether the value of residential property in Petaling Jaya will hit RM1,000 per square foot, but more a question of when.

Business 19 May 2012 | 12:00 AM

ANZ chief: Europe credit markets frozen

SYDNEY: European lending markets have frozen due to heightened risk aversion, Australia and New Zealand Banking Group (ANZ) chief executive said, potentially further increasing the cost of funds for banks.

Business 19 May 2012 | 12:00 AM

‘Buy’ call on APM re-affirmed


World 18 May 2012 | 12:00 AM

Cash-strapped G8 looks to private sector in hunger fight

WASHINGTON (Reuters) - Buffeted by the euro zone crisis and distracted by political problems at home, the leaders of the world's industrial powers turned to the private sector on Friday to help fight hunger and malnutrition for up to a billion people struggling with shortages, droughts and rising food prices.