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Business

CBA H1 profit hit by write-down

B>SYDNEY:/BCommonwealth Bank of Australia Ltd (CBA) reported a near 50% fall in first-half net profit yesterday, taking a big write-down as tumbling equity markets stalled its ambitious plans to drive growth through funds management.

Business

Versus the CI

Pauline SC Ng writes on Plus, Tien Wah, PavificMas, Park May and YTL e-Solutions.

Business

Heavyweights fail to give impetus

IF the Kuala Lumpur Stock Exchange's performance over the last two weeks is anything to go by, the deluge of corporate results released into the market in recent weeks have provided investors with little in the way of encouragement.

Business

CNOOC pays surprise dividends

China#8217;s top offshore oil and gas producer, CNOOC Ltd, reported yesterday a 16% rise in net profit for 2002 as production surged.

Business

On Investments

SP SETIA BHD

Business

Soaring dividends pace US market’s bull run

US stock market bulls have had an unlikely ally in their four-month stampede - soaring dividends, the shareholder payouts that are making a strong comeback after 20 years in the wilderness.

Business

AMP returns to profit in first half

Australian financial services group AMP Ltd reported yesterday a return to profit in the first half this year after cutting loose its loss-making British insurance operations.

Business

Maybank shares surge on impressive earnings

Malayan Banking Bhd (Maybank) shares were traded higher yesterday after the country's largest banking group outdid its peers by posting an improved set of full year results.

Business

Hong Leong Bank in for re-rating on improving results

Global investment house UBS Investment Research believes Hong Leong Bank Bhd (HLB) is ready for a re-rating.

Business

Surprises likely on dividend front

INVESTORS could be in for some pleasant surprises if public listed companies keep up with the present trend of rewarding shareholders with more generous dividends, a JP Morgan Malaysia report said.