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Financial News Stories

Malaysia’s Eastern & Oriental says property unit seeks listing in London

KUALA LUMPUR (Reuters) – Malaysian property company Eastern Oriental Bhd is seeking a London stock market listing for a unit owning three buildings in the British capital, saying a flotation would help the unit expand in the UK. The company … Continue reading

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India’s key stock market index ends over 300 points down

Mumbai, May 25 (IANS) A benchmark index for Indian equities, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange, closed over 300 points or 1.00 percent down on Monday due to some poor corporate results and indications of a … Continue reading

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Slug & Lettuce Owner To Drink To £1bn Float

The owner of the Slug Lettuce and Yates’ pub chains is joining a growing queue of companies preparing to float on the London stock market. Sky News understands that Stonegate, which is the UK’s fourth-largest owner of managed pubs, has … Continue reading

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Charter reportedly near deal to buy Time Warner Cable

This article, Charter reportedly near deal to buy Time Warner Cable, originally appeared on CNET.com. View photo . Charter Communications is said to be making another play for Time Warner Cable. CNET Charter Communications is said to be taking another … Continue reading

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Troubled Malaysia Airlines to be completely revamped: new CEO

By Siva Govindasamy and Al-Zaquan Amer Hamzah KUALA LUMPUR (Reuters) – Loss-making Malaysia Airlines is set to undergo a complete overhaul as it is restructured into a new company, with a rebranding that will be unveiled next week and changes … Continue reading

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Regulation should be main tool against bubbles: Fed’s Mester

REYKJAVIK, Iceland (Reuters) – Central bankers should be aware of the potentially destabilizing effects of super-easy policy on financial systems, a top U.S. Federal Reserve official said on Monday, even if monetary policy should not be used as a main … Continue reading

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South Africa’s Tongaat posts lower full-year earnings

JOHANNESBURG (Reuters) – South African sugar maker Tongaat Hulett posted a 16 percent drop in full-year earnings on Monday, weighed down by lower sugar output and prices. Tongaat said diluted headline earnings per share for the year to the end … Continue reading

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South Africa’s Tongaat posts lower full-year earnings

JOHANNESBURG (Reuters) – South African sugar maker Tongaat Hulett posted a 16 percent drop in full-year earnings on Monday, weighed down by lower sugar output and prices. Tongaat said diluted headline earnings per share for the year to the end … Continue reading

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South Africa’s Tongaat posts lower full-year earnings

JOHANNESBURG (Reuters) – South African sugar maker Tongaat Hulett posted a 16 percent drop in full-year earnings on Monday, weighed down by lower sugar output and prices. Tongaat said diluted headline earnings per share for the year to the end … Continue reading

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MIDEAST STOCKS-Arabtec lifts Dubai; Gulf mostly flat

(Updates with markets open) DUBAI, May 25 (Reuters) – Builder Arabtec lifted Dubai’s stock market in early trade on Monday after Egypt’s government said the firm’s giant project there was still being discussed. Other Gulf bourses were mostly neutral in … Continue reading

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Financial News

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