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Bearish phase after failed CPO rally

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.

Malaysian, Japanese and other Asian stocks rise

Most Asian markets moved higher Friday, and Malaysian shares added 0.5 percent to close at a new year high of 1,283.47, despite the benchmark index languishing in negative territory for most of the day.

PM: Malaysians have renewed confidence in economy, market

Malaysians are beginning to have renewed confidence in the country's economic performance and the market, Prime Minister Datuk Seri Abdullah Ahmad Badawi noshade size=1 width=50%>

Citibank buys 5% of Pudong Bank

Citibank, a unit of US financial titan Citigroup Inc, will pay about 600 million yuan (US$72mil) for a 5% stake in Shanghai Pudong Development Bank in its first strategic partnership in the potentially huge China market.

Astro net profit soars, declares first dividend

ASTRO All Asia Networks plc reported yesterday its best quarter yet and declared a maiden dividend for its financial year ended Jan 31, 2005.

Discard crab mentality, Indian businessmen told

INDIAN businessmen must discard the crab mentality of pulling down each other as they climb up the ladder of success. They must be ready to look at the bigger picture of the Indian community's progress rather than the smaller picture of self-interest.

China sources overseas

SURGING demand for raw materials, driven by the continued robust economic growth, has urged China to look beyond its shores for supply of natural resources.

Carlsberg brewing steady sales

THE beer industry has braced itself for the effect of the outsized 26% hike in excise duty imposed since September last year in the 2005 Budget.

Permanis expects Fire and Ice drink to contribute 20% of income this year

PEPSI'S Fire and Ice Cola drink, launched in December last year, is expected to contribute a 20% increase to Permanis Sdn Bhd's income this year, the company said in a statement.

Ringgit peg review expected in second quarter?

WILL there or won't there be a review of the ringgit peg in the immediate future?