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Help is on the way for struggling Borussia Dortmund

Struggling Borussia Dortmund (BVB) said on Friday it had agreed with its creditors on a rescue plan, a day after the club sent shock waves through soccer-mad Germany by saying it could go bankrupt.


Honour her memory

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Bankrupt Servette no longer in business

Switzerland's top football league will be missing a club when the season resumes this weekend following confirmation that Servette Geneva are no longer in business.


Independent future for StanChart as profits rise

Standard Chartered plc (StanChart) chief executive Mervyn Davies reiterated the bank's aim to stay independent as it reported 2004 results in line with market expectations yesterday.


The people have spoken



Sea Park and USJ kidnapping cases believed related

Police are investigating the possibility that the kidnapping of a seven-year-old boy in Sea Park last Friday may be linked to another case in Subang Jaya less than two months ago.


Singapore banks set for record 2004, but growth slowing

Two of Singapore#8217;s three banks should post higher fourth-quarter earnings as regional economic growth boosted lending, but the rise in profits looks set to slow after an expected record performance by all three in 2004.


Companies may de-gear by injecting assets into REITs

AS investors search for investment themes, there is a range of real estate investment trusts or REITs to be launched that could emerge as a theme this year.


Aviva expects Internet portal to spearhead growth

AVIVA Insurance Bhd, a top fire insurer and the second largest travel insurance provider in the country, expects its Internet portal, GenLink, to spearhead company growth this year, chief executive officer Song Yam Lim said.


Police nab eight thugs using fake pistols to collect debts

Police arrested eight suspected hardcore gangsters and seized four imitation pistols in a raid on a shophouse in Jalan Sekama here on Friday.