Ways
to get
the latest
news
to get
the latest
news
Business
Euro, Wall St fall on ECB, Fed minutes
NEW YORK, May 17 — US stocks and the euro slid yesterday on news that some Greek banks face emergency funding needs, while minutes from the Federal Reserve’s April meeting showed US economic prospects remain sobering.
The European Central Bank stopped funding operations for some Greek banks as they are undercapitalised, the ECB said, ... Read More
A trader reacts on the floor at the Madrid Bourse, May 16, 2012. – Reuters pic
Hong Kong shares post biggest loss in six months, China slides
HONG KONG, May 16 – The Hang Seng index posted its biggest loss in six months today after mainland media reported flat loan growth for the country’s “Big Four” state-owned banks in the first two weeks of ... Read More
Fear factor sends UK’s FTSE down through 5,400 mark
LONDON, May 16 – Britain’s top share index fell through the 5,400 point level for the first time since mid-December, driven lower by a slump in heavyweight mining stocks and fears over Greece, which have ... Read More
Samsung loses US$10b market value on Apple order report
SEOUL, May 16 – Shares in Samsung Electronics Co slumped more than 6 per cent today, wiping US$10 billion (RM31.18 billion) off the electronics giant’s market value, on a report that Apple placed huge ... Read More
Media Prima Q1 profit down to RM28.9m
KUALA LUMPUR, May 16 – Media Prima Bhd’s pre-tax profit for its first fiscal quarter ended March 31, 2012, dropped to RM28.922 million from RM47.561 million recorded in the corresponding quarter last ... Read MoreNeed for faster financial instruments launch, says China’s central bank
BEIJING, May 16 – China should quicken the pace of launching new financial instruments and capital markets must to be strengthened to improve their contribution to supporting economic activity, central ... Read MoreWCT hopeful of clinching RM1b contracts
KLANG, May 16 – WCT Bhd, a civil engineering and construction company, hopes to secure contracts worth RM1 billion, out of RM5 billion worth of contracts the group is bidding for internationally and ... Read MoreSE Asia Stocks: Shares fall amid Greek political turmoil
BANGKOK, May 16 – Shares in Philippines and Malaysia suffered their biggest daily loss in seven months today as equity markets in southeast Asia followed a broad global selloff, touched off by worries ... Read MoreSingapore Airlines to suspend services to Abu Dhabi, Athens
-120x0.jpg)
SINGAPORE, May 16 – Singapore Airlines Ltd (SIA) , which is struggling with weak load factors, said today it will suspend services to Abu Dhabi and Athens from Oct 26 due to weak demand.SIA, the world’s ... Read More
MISC Q1 losses up 51pc, outlook gloomy
KUALA LUMPUR, May 16 — Shipping liner MISC Bhd said in a filing to Bursa Malaysia today that its first quarter losses rose 51 per cent, to RM465.08 million from RM307.88 in the same period last ... Read More
More Articles
- Ringgit set for worst day in 6 months, Greek woes hit Asia FX
- Greeks pull funds from banks; emergency cabinet to be named
- Shares fall as Greek turmoil saps risk appetite
- GM to drop Facebook ads due to low consumer impact
- Felda gets major investors for FGVH listing
- Sina Corp could see further losses due to Weibo, says CEO
- SapuraKencana to bid for RM12b jobs by year-end
- Analyst calls for May 16
- MIDF raises SP Setia to buy
- Bankers call Moody’s mass downgrade attack on Italy
- JPMorgan loss shows risks in safe-haven banks
- Facebook increases IPO range to raise US$12.1 billion
- Australia’s ANZ to invest US$300m in China expansion
- RBS going back to ‘basics’ after CIMB deal
- News Corp to acquire 20pc of Chinese film distributor
- Over 55 and jobless, Americans face tough hunt
- SE Asia Stocks: Late buying lifts Singapore, Thailand
- Felda faces dip in profits due to old palm trees
- As funds flee, India’s pain is Southeast Asia’s gain
- Singapore shares reverse earlier losses
- Shares slide as Greece risks dominate
- Analyst calls for May 15
- Yields fall as Europe, China worries fuel safety bid
- Kwok graft case back in spotlight in Hong Kong
- Greek impasse prompts euro exit warnings, rattles markets
- Despite Germany, euro zone sinks towards recession
- JPMorgan CIO chief Drew quits after trading loss
- Yahoo investors applaud change, fear limbo
- Palm oil plunges to 3-month low, Greek turmoil weighs
- Gas Malaysia to list on June 11, says source
- Shares fall as deepening Greek turmoil weighs
- Hong Kong, China shares up but conviction lacking
- Far behind rivals, Ford tries to play catch-up in China
- Yahoo CEO out, board settles with investor Loeb
- Maybank IB upgrades Kinsteel to buy
- Europe, US key to next stage of HSBC turnaround
- Kenanga ups Malaysia Building’s target price
- Analyst call May 14
- Fears over Spain linger despite banking plan
- East Asian powers set to push trade pact talks
- Saudi says US$100 per barrel great price for oil
- Chesapeake wins breathing space with US$3b loan
- PAS perlu ikhlas jika mahu bermuzakarah dengan UMNO, kata Fatmi
- Abdul Taib Mahmud: Jangan buat kenyataan negatif tentang mana-mana kaum
- Nik Aziz sedia muzakarah dengan Umno
- Guan Eng terima perletakan jawatan Tunku Aziz, namun enggan balas serangan peribadi
- Lebih 24,000 guru ijazah dan diploma akan dipertimbang kenaikan pangkat - Muhyiddin
- Johor Sultan says forgives foreigners who alleged they were beaten up
- Singapore expats say assaulted by bodyguards of Malaysian royalty
- Burger protest outside Ambiga’s home legal, say police
- Briton says to drop royal bodyguards assault charge
- Yield all business interests to Bumis, Malay chamber tells Putrajaya