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Business 01 May 2013 | 7:58 AM

UK taxpayer-owned banks take harder hit

SEVERAL taxpayer-owned banks in the United Kingdom, which is seeing a shake-up of its banking sector, have taken a harder hit from investment banking.

Auto 21 Dec 2016 | 12:00 AM

Malaysian auto sector may hit lowest sales in 6 years

PETALING JAYA: Malaysian automotive sales look set to hit its lowest in six years, as weak economic conditions and cautious consumer sentiment have emphatically slammed the brakes on growth.

Markets 12 Sep 2017 | 1:36 AM

Asia shares join global rally, hit 10-year high on Irma, N. Korea relief(Update)

TOKYO: Asian shares hit a 10-year peak on Tuesday with investors breathing a sigh of relief as North Korean fears eased slightly and the worst-case scenario from Hurricane Irma looked to have been avoided

Business 03 Dec 2013 | 2:42 PM

Asian shares hit by Fed taper anxiety, BOJ sounds easy

TOKYO: Asian shares hit the skids and the dollar stood tall on Tuesday as a batch of upbeat U.S. economic data confirmed the Federal Reserve's inexorable tilt towards reducing its stimulus soon, while the yen sank on talk of further central bank easing.

Business 21 Jul 2007 | 12:00 AM

World stocks hit another high

World stocks hit another all-time high yesterday as investors set aside worries about the credit market to focus on corporate earnings and a solid global economic backdrop.

Business 11 May 2005 | 12:00 AM

CWorks shares hit limit-down

SHARES of newly listed CWorks Systems Bhd hit limit-down on Bursa Malaysia yesterday and the company attributed the dismal performance to the weak market.

Banking 05 Aug 2014 | 6:46 PM

Credit Agricole profit plunges on Espirito Santo hit

PARIS: France's Credit Agricole took a 708 million euro (US$950mil) hit from its stake in troubled Portuguese lender Banco Espirito Santo (BES), nearly wiping out its second-quarter net profit.

Business 10 May 2019 | 6:36 AM

Malaysia's tourism receipts hit record high of RM84.1b in 2018

SINGAPORE: Malaysia's tourism receipts hit a record high of RM84.1bil in 2018, an increase of 2% from a year earlier.

Corporate News 21 Dec 2018 | 4:53 AM

Asia's mega rich take a hit with US$137b in losses in 2018

HONG KONG: The world’s fastest growing source of mega-wealth hit a speed bump this year.

Commodities 17 Oct 2018 | 6:07 AM

Malaysia’s biodiesel output, exports set to hit records

KUALA LUMPUR: Malaysian biodiesel production is likely to hit record levels this year and next, with 2018 exports on track to double from 2017, pushed up as higher oil prices boost the appeal of biofuels, the head of an industry association said on Wednesday.