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World

Concerned about a euro exit, Greeks pull funds from banks

ATHENS (Reuters) - Greece's president spoke of

World

Greek leftists reject proposal for technocrat government

ATHENS (Reuters) - Greece's president will ask politicians on Tuesday to stand aside and let a government of technocrats steer the nation away from bankruptcy, but leftists have already rejected the proposal and look set to force a new election they reckon they can win.

Business

Possible Greece exit causes uncertainty in world markets

KUALA LUMPUR: Stocks and commodities slumped across the globe on fears that Greece would exit the eurozone as investors sold down their shares ahead of a Europe Finance Ministers’ meeting in Brussels yesterday.

Business

GLOBAL MARKETS-Fear of Greece euro exit sparks equity sell-off, US stocks down 4th day

NEW YORK: Global stocks slid on Monday on worries Greece could leave the euro zone, while oil prices fell after a move by economic powerhouse China to boost lending sparked fears its economy was weaker than thought.

Business

HDBSVR maintains Buy on TRC, TP 85c

Hwang DBS Vickers Research (HDBSVR) said TRC Synergy’s outstanding orderbook of RM1.8bil provides work visibility for two to three years, with the recent RM459mil contract win for the MRT Sungai Buloh Depot.

World

Greek impasse prompts euro exit warnings, rattles markets

ATHENS/MILAN (Reuters) - With efforts to patch together a Greek government looking doomed, EU policymakers warned the country it could not remain in the euro zone if it ripped up its bailout programme, and financial markets ratcheted up the pressure on the bloc.

Global Trends

Bracing for tough climate talks

With the climate situation seemingly deteriorating, the talks resuming in Bonn today after the Durban meeting last December will be closely monitored by the world public. The world’s future may depend on it.

Letters

Bracing for tough climate talks

With the climate situation seemingly deteriorating, the talks resuming in Bonn today after the Durban meeting last December will be closely monitored by the world public. The world’s future may depend on it.

Business

CIMB Research keeps Petronas Gas its top utility pick

CIMB Equities Research said the fire at Petronas Gas's gas processing plant (GPP) in Kerteh will have little impact on earnings as the plant was offline and undergoing planned maintenance at that time.

Business

UDA’s dilemma on Pudu Jail project

KUALA LUMPUR: UDA Holdings Bhd is still evaluating proposals of all parties for the redevelopment of its Pudu Jail land and wants the preferred bid to be the one that is in its best commercial interest.