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Need for life insurance

As long as you have dependants whom you care for, you need life insurance at least until you grow rich enough to be self-insured, writes RAJEN DEVADASON.

Laura Ashley warns on profit

Laura Ashley Holdings Plc, the British fashion retailer owned by MUI Holdings Bhd, delivered a profit warning yesterday, saying same store sales were up 5% during the 23 weeks to Jan 4 and up 6% during the Christmas period.

KFC lays the golden eggs

KENTUCKY Fried Chicken restaurants have been operating in Malaysia for 30 years and have served millions of finger lickin' good meals to many diners.

Laura Ashley sales down in Europe

SLUGGISH sales by its European outlets pulled down the overall performance of Laura Ashley, the Malayan United Industries Bhd-owned high street fashion company, which has joined the ranks of disappointed Christmas retailers.

Wal-Mart joins Safeway bid

Wal-Mart Stores Inc, the world#8217;s largest retailer, leapt into a £3bil bid battle for British supermarket chain Safeway plc yesterday, waving the trump card of an all-cash offer.

Laura Ashley takes £7.7mil charge

British retailer Laura Ashley Holdings plc said yesterday it would take an exceptional charge of £7.7mil to cover the cost of closing 35 shops in continental Europe, including all its German outlets.

Living below our means:pros and cons

EVEN the most basic financial truism, that it is wise to live below your means, is subject to a pros and cons analysis.

Brilliant Rose diamond business glitters forever

A DIAMOND lasts forever and Brilliant Rose Diamond Boutique plans to do the same.

Sony scores record Q3 profit with games, movies

Entertainment conglomerate Sony Corp has achieved a record net profit for its third quarter as its I>PlayStation 2/Itrounced the competition and movies like I>Spider-Man/Igot a new life in DVD releases.

Jotech heads for China

Tool and diemaker Jotech Holdings Bhd (Jotech) has cast its net to tap opportunities in China.