The Star Online: Business
Update: Wednesday, March 10, 2010 MYT 10:56:00 AM



Firmer on plantation stocks (Mar 10)
KUALA LUMPUR: Share prices on Bursa Malaysia opened higher in early trading, tracking Wall Street’s overnight rise and the firmer regional markets.


Shares of US bailed out companies surge (Mar 10)
WASHINGTON: Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake in Citigroup Inc. raised hopes that other bailed-out companies would follow.


'Nobel of computing' goes to early PC designer (Mar 10)
SAN JOSE, California: A Microsoft Corp. researcher won the US$250,000 Turing Award, one of technology's most coveted prizes, on Tuesday for his work helping design and build what is widely considered the first modern personal computer.


Toyota Prius driver's call: 'My car can't slow down' (Mar 10)
EL CAJON, California: The driver of a Toyota Prius that sped out of control on a San Diego County freeway sounded panicked at times as he told a dispatcher about a stuck accelerator.


Microsoft rolls out new MSN site design (Mar 10)
REDMOND, Washington: Microsoft is rolling out the new design for its MSN Web portal in the U.S.


Oil settles lower, ending brief rally (Mar 10)
NEW YORK: Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week.


US stock investors ask: What's the next big thing? (Mar 10)
NEW YORK: A year after the U.S. stock market began its comeback from 12-year lows, investors are looking for the next big thing.


CIMB closing in on Maybank (Mar 10)
PETALING JAYA: Fast-rising CIMB Group Holdings Bhd, the country’s second biggest banks in terms of assets, is turning on the heat on leader Malayan Banking Bhd (Maybank).


Fixed deposit rates on the rise (Mar 10)
PETALING JAYA: Depositors will be getting higher returns for their savings as banks raise interest rates for fixed deposits (FD) in tandem with the rise in lending rates.


EPF raises stake in KNM (Mar 9)
PETALING JAYA: The Employees Provident Fund (EPF) has raised its stake in oil and gas services provider KNM Group Bhd by acquiring two million shares on March 3.