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Business 24 May 2003 | 12:00 AM

Make peace with free float shortfall

IT has been three years since index constructor Morgan Stanley Capital International (MSCI) announced that it would adjust its equity indices so as to take into account free float levels. Back then, there was some hand wringing among our stock market players over the possibility of Malaysia suffering an exodus of foreign funds.a href=http://biz.thestar.com.my/bizweek/>LI>B>For the full Bizweek reports click here/B>/a>

Business 14 Dec 2003 | 12:00 AM

Centred on a healthy lifestyle

At Purehealth, we try to create awareness among clients about the importance of paying attention to what one eats, Wong says. The centre, which is just five months old, already caters to clientele of 80 people.

Business 08 Sep 2004 | 12:00 AM

Aussie business sees improving conditions

Australian businesses are forecasting an improvement in the second quarter of the 2004/05 financial year with expectations for sales and profits at their highest in seven months, a private survey showed yesterday.

Business 19 Apr 2005 | 12:00 AM

Support for blue chip stocks help curtail KLCI’s fall

SELECTIVE support for key blue chip stocks helped curtail the Kuala Lumpur Composite Index's (KLCI) fall yesterday, but elsewhere around the region, stocks slumped to their lowest levels in months.

Business 13 May 2006 | 12:00 AM

Challenges in executing PFIs

IN the recently-announced Ninth Malaysia Plan (9MP), a whole chapter (Chapter 10 - Streamlining Privatisation) has been allocated to outlining the Government's plans to refine and improve on the previous privatisation programme of the 8MP.

Business 20 Apr 2007 | 12:00 AM

European stocks end lower

LONDON (AP) - European shares lost ground Thursday, weighed down by mining companies Rio Tinto and BHP Billiton on concerns China will hike interest rates, overshadowing positive margin news from mobile phone giant Nokia and hopes for pharmaceutical-sector earnings.

Business 22 Jan 2008 | 12:00 AM

Regional and European markets fall sharply

Regional indices fell sharply yesterday on fears of a US recession, as the markets were not assuaged by the US$145bil economic stimulus package unveiled by President George W. Bush on Friday.

Business 28 Jun 2008 | 12:00 AM

Wall Street extends losses

NEW YORK (AP) - Wall Street ended a depressing week with another big loss on Friday, with the Dow Jones industrials falling more than 100 points amid ever-escalating worries about high oil prices and fallout from the credit crisis.

Business 29 Jun 2008 | 12:00 AM

Wall Street extends losses in volatile week

NEW YORK (AP) - Wall Street ended a depressing week with another big loss on Friday, with the Dow Jones industrials falling more than 100 points amid ever-escalating worries about high oil prices and fallout from the credit crisis.

Business 05 Jul 2008 | 12:00 AM

Oil prices back off from record in previous session

Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chances of American or Israeli military action against OPEC's second-largest oil producer.