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Business 04 Jun 2003 | 12:00 AM

New owner for Amex

After more than two years on the auction block, the 82-year-old American Stock Exchange (Amex) will soon be facing life with a new owner.

Business 27 Jun 2003 | 12:00 AM

Market recovery liquidity driven

The second and final part on the discussions by a panel on prospects for the Kuala Lumpur Stock Exchange for the rest of 2003.

Business 25 Jun 2003 | 12:00 AM

Dow’s Islamic index offer

A PROPOSAL to apply the Dow Jones Islamic Index to the KLSE to complement Kuala Lumpur#039;s efforts to be an Islamic financial centre was made yesterday by Dow Jones Indexes global director (Islamic group #150; business development) A. Rushdi Siddiqui.

Business 14 Nov 2007 | 12:00 AM

ING Funds wants to become bigger

ING Funds Bhd has applied to Securities Commission to increase fund size of its recently launched Shariah-compliant capital protected fund, the ING Baraka Commodities Capital Protected to 450 million units.

Business 19 Oct 2007 | 12:00 AM

News in brief

News briefs on: KUB unit wins Telekom job, CBIP to buy 40% of Solar Green, Bursa reprimands Idaman Unggul, Kai Peng faces delisting, RM3.5b debt issue by Tesco, Public Bank's latest product Navia sees RM55m billings

Business 09 Apr 2007 | 12:00 AM

Intermediary role of capital market

2006 was a challenging year for Asia, which saw external environment of persistently high crude oil prices, rising global interest rates (accompanied by continuous monetary tightening starting the second quarter) and increasing competition from emerging markets, all threatening to derail regional growth momentum.

Business 10 Nov 2007 | 12:00 AM

Booming market for structured investment funds

The market for structured investment funds is booming, as the buoyant stock market fuels investors' appetite for more sophisticated products with higher return potential and better risk management.

Business 02 Oct 2007 | 12:00 AM

US$2.8b raised in Sony unit IPO

Sony Corp, the world's second-biggest maker of consumer electronics, raised 320 billion yen (US$2.8bil) in the initial public offering of its insurance unit, selling the shares at the top end of the price range.

Business 12 Oct 2007 | 12:00 AM

Citibank in Malaysia gets new CEO

Citi has appointed Sanjeev Nanavati as its new Citi Country Officer for Malaysia and CEO of Citibank Bhd effective Oct 9.

Business 12 Oct 2007 | 12:00 AM

BP says job cuts inevitable in shake-up

BP Plc, Europe's second largest oil company, said job cuts were 'inevitable' as part of a shake-up following a 'dreadful' performance in the third quarter.