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Business 31 Jul 2004 | 12:00 AM

Samsung set to overtake Motorola

Samsung Electronics is close to passing Motorola to grab the number two spot in mobile phone sales globally, while struggling market leader Nokia of Finland stabilised its share during the second quarter, a survey released yesterday showed.

Business 30 Jul 2004 | 12:00 AM

Equities still the most preferred asset

EQUITIES are still preferred over asset classes such as bonds and cash although the potential upside for the KL Composite Index to reach AmResearch's base-case high target of 900 points is less than 10%.

Business 30 Jul 2004 | 12:00 AM

Philippine shares end lower Friday on Meralco's rate woes

Philippine shares ended lower Friday on profit-taking, triggered by the latest bad news involving blue chip Manila Electric, or Meralco, traders said.

Business 29 Jul 2004 | 12:00 AM

Fujitsu registers smaller loss in April-June quarter

Japanese electronics maker Fujitsu on Thursday reported strong sales helped it narrow its net loss in the April-June quarter to 11.8 billion yen (US$106 million), less than a third of its loss in the same quarter last year.

Business 29 Jul 2004 | 12:00 AM

Haier sees RM40m sales in 2005

HAIER Electrical Appliances (M) Sdn Bhd, a subsidiary of China's largest and world-famous home appliances brand I>Haier/I>, expects its turnover to hit at least RM40mil next year, executive director Lye Hun Kwee told I>StarBiz/I>.

Business 29 Jul 2004 | 12:00 AM

Foreign business news in brief

Business briefs, including from Paris that French motor vehicle maker Renault raised yesterday its full-year profit target, cheered by better-than-expected first-half results as motorists snapped up its I>Megane/Icars and it made money outside Europe.

Business 27 Jul 2004 | 12:00 AM

Motorola, Apple partner to transfer music from Internet to cell phones

Music listeners will soon be able to transfer songs they buy from Apple Computer Inc.'s iTunes music store to Motorola Inc. mobile phones.

Business 24 Jul 2004 | 12:00 AM

Viztel debuts at 61 sen on Mesdaq for 74% premium

TELECOMMUNICATIONS software developer Viztel Solutions Bhd made a strong debut on Bursa Malaysia yesterday. The Mesdaq-listed counter opened at 61 sen for a 74% premium over its initial public offer (IPO) price of 35 sen.

Business 24 Jul 2004 | 12:00 AM

New DiGi chief to introduce open management style

MORTEN Lundal will be bringing with him an open and informal management style when he clocks in as the new chief executive officer of DiGi.Com Bhd on Monday.

Business 23 Jul 2004 | 12:00 AM

DiGi second-quarter net profit nearly triples to RM66m

DIGI.Com Bhd reported yesterday a near-tripling of net profit to RM66mil for its second quarter ended June 30, versus RM23mil in the corresponding period last year.