Monday 29 April 2024
 
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Al Habtoor Engineering

Stocks subdued, yen flat

Asian stock markets took a breather, but the underlying tone was positive after the US president and Federal Reserve chairman both talked about tackling a credit problem that had roiled financial markets. The yen was little changed against

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Leighton buys $707m Al Habtoor stake

Leighton Holdings, Australia's largest contractor and project developer, said it will pay about A$870 million ($707 million) for a 45 per cent stake in Dubai-based Al Habtoor Engineering as it expands in the Gulf market. Shares in Leighton

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