Copyright © 2007 Yahoo! Singapore Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. http://sg.news.yahoo.com/business.html en-en Fri, 16 May 2008 19:00:00 +0800 5 http://sg.news.yahoo.com/business.html http://sg.yimg.com/i/sg/mastheads/ma_nws_1.gif 30 140 http://sg.news.yahoo.com/ap/20080516/tbs-wall-street-f8250da.html /ap/20080516/r_t_ap_bs_other/tbs-wall-street-f8250da Fri, 16 May 2008 19:00:00 +0800 Wall Street was headed for a modestly higher open Thursday as investors awaited data on new home construction last month. AP http://sg.news.yahoo.com/rtrs/20080516/tbs-business-summary-7318940.html /rtrs/20080516/r_t_rtrs_bs_other/tbs-business-summary-7318940 Fri, 16 May 2008 18:59:22 +0800 Icahn's Yahoo fight puts Microsoft in driver's seat Reuters http://sg.news.yahoo.com/rtrs/20080516/tbs-markets-pakistan-stocks-b8dd11d.html /rtrs/20080516/r_t_rtrs_bs_as/tbs-markets-pakistan-stocks-b8dd11d_1 Fri, 16 May 2008 18:58:09 +0800 KARACHI, May 16 - Pakistani shares fell 2 percent on Friday following a cut in the sovereign credit rating by Standard & Poor's the previous day. dealers said. Reuters http://sg.news.yahoo.com/rtrs/20080516/tbs-quanjude-expansion-7318940.html /rtrs/20080516/r_t_rtrs_bs_other/tbs-quanjude-expansion-7318940_1 Fri, 16 May 2008 18:57:48 +0800 SHANGHAI, May 16 Co , which operates a chain of Peking Duck restaurants, envisages eventually expanding to as many as 300 outlets, up from about 80 now, an official said on Friday. Reuters http://sg.news.yahoo.com/ap/20080516/tbs-hundred-dollar-laptop-microsoft-f8250da.html /ap/20080516/r_t_ap_bs_other/tbs-hundred-dollar-laptop-microsoft-f8250da Fri, 16 May 2008 18:53:00 +0800 The One Laptop Per Child project is about to find out whether Microsoft Corp., a rival the nonprofit group once derided, is the solution to its problems in spreading inexpensive portable computers to schoolchildren. AP http://sg.news.yahoo.com/rtrs/20080516/tbs-total-agm-jubail-7318940.html /rtrs/20080516/r_t_rtrs_bs_other/tbs-total-agm-jubail-7318940_1 Fri, 16 May 2008 18:52:03 +0800 PARIS, May 16 - Total Chief Executive Christophe de Margerie on Friday estimated that a project to build a new 400,000 barrels per day refinery in Saudi Arabia will cost more than $10 billion. Reuters http://sg.news.yahoo.com/rtrs/20080516/tbs-business-markets-stocks-dc-7318940.html /rtrs/20080516/r_t_rtrs_bs_other/tbs-business-markets-stocks-dc-7318940_6 Fri, 16 May 2008 18:51:26 +0800 LONDON - Stock index futures edged up on Friday, suggesting a positive start to trade on Wall Street ahead of data on housing and consumer sentiment. Reuters http://sg.news.yahoo.com/rtrs/20080516/tbs-markets-israel-shekel-955c2a1.html /rtrs/20080516/r_t_rtrs_bs_me/tbs-markets-israel-shekel-955c2a1_2 Fri, 16 May 2008 18:49:22 +0800 JERUSALEM, May 16 - Israel's shekel surged to a more than 11-year high against the dollar on Friday, as the market began to factor in a short-term interest rate increase later this month in the wake of a spike in April inflation. Reuters http://sg.news.yahoo.com/rtrs/20080516/tbs-markets-stocks-us-europe-7318940.html /rtrs/20080516/r_t_rtrs_bs_other/tbs-markets-stocks-us-europe-7318940_1 Fri, 16 May 2008 18:47:40 +0800 LONDON, May 16 - U.S. stock index futures edged up on Friday, suggesting a positive start to trade on Wall Street ahead of data on housing and consumer sentiment. Reuters http://sg.news.yahoo.com/rtrs/20080516/tbs-maaholdings-7318940.html /rtrs/20080516/r_t_rtrs_bs_other/tbs-maaholdings-7318940_1 Fri, 16 May 2008 18:45:15 +0800 KUALA LUMPUR, May 16 - Malaysian financial services firm MAA Holdings has ended talks to sell a stake in Malaysian Assurance Alliance Bhd to AXA Pacific Holdings Ltd and Affin Holdings Bhd , MAA said on Friday. Reuters