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Business 16 Feb 2003 | 12:00 AM

Rally offers temporary relief

Stocks rallied in a whipsaw session on Friday as battered share prices and a reassuring outlook from Dell Computer Corp lured investors still grappling with the threat of war in Iraq.

Business 05 Mar 2003 | 12:00 AM

Outlook subdued for global industry

The outlook for global industry is subdued at best with manufacturing surveys from the United States, Europe and Japan showing either the barest evidence of growth or outright contraction.

Business 06 Jun 2003 | 12:00 AM

AKN unit in China computer joint venture

AKN Technology Bhd#146;s 55%-owned subsidiary Autoplus International Group Ltd and Xiamen Overseas Chinese Electronic Inc Ltd (Xoceco) have set up a joint-venture company in China, which would take over Xoceco#146;s computer and computer peripherals division.

Business 13 Jun 2003 | 12:00 AM

US economy still in doldrums

The end of the Iraq war provided some boost to US business and consumer sentiment in recent weeks, but not enough to lift the economy out of its doldrums, the Federal Reserve said.

Business 20 Jun 2003 | 12:00 AM

Tajo expects to complete restructure by year-end

TAJO Bhd expects to complete restructuring by year-end and return to profitability in the financial year ending Dec 31, 2004.

Business 02 Jul 2003 | 12:00 AM

Japan recovery hopes up

Japan's large companies felt unexpectedly more optimistic in the past three months, a key central bank report showed yesterday, raising hopes that the world's second largest economy may finally be heading for recovery.

Business 05 Jul 2003 | 12:00 AM

US jobless rate in June jumps to nine-year high

The US jobless rate surged to a nine-year high in June as employers cut 30,000 workers from their payrolls, the government said in an unexpectedly gloomy report on the economy on the eve of the country's Independence Day celebrations.

Business 09 Jul 2003 | 12:00 AM

Industrial output surges ahead

INDUSTRIAL activity in the country surged in May at its fastest pace since the fourth quarter of 2000 as two of the three sectors of the Industrial Production Index (IPI) recorded strong double-digit percentage gains.

Business 15 Jul 2003 | 12:00 AM

Earnings may add to US stock market fizz

This week's rush of quarterly earnings announcements from icons like chip leader Intel Corp and banking titan Citigroup Inc may give the US stock market another jolt higher as Corporate America hints at an improving economy.

Business 09 Aug 2003 | 12:00 AM

Industrial production lower in June after surging in April, May

GROWTH in industrial production cooled a little in June after a scorching pace in April and May but was still strong enough to suggest that activity in factories was still robust.