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Business 12 Dec 2007 | 12:00 AM

Ringgit rises to all-time high

The ringgit rose to an all-time high yesterday as players sold off dollars in anticipation of a possible interest rate cut at the US Federal Reserve (Fed) Open Market Committee meeting on Tuesday.

Business 05 Jan 2008 | 12:00 AM

Crude oil price hovering around US$100 level

After briefly shooting past US$100 a barrel at around midnight Thursday Malaysian time, crude oil price in New York trading once more flirted with the key trading level in overnight trade.

Business 09 Mar 2008 | 12:00 AM

Employers slash jobs, thousands drop out of the US labor force

WASHINGTON (AP): Dangerous cracks in the U.S. job market are deepening. Employers slashed jobs by the largest amount in five years and hundreds of thousands of people dropped out of the labor force _ ominous signs that the country is falling toward a recession or has already toppled into one.

Business 16 Apr 2008 | 12:00 AM

Manufacturers upbeat in Q1

Manufacturers were surprisingly upbeat in the January-March period, underpinned by higher sales, production volumes and expected export sales, according to the Malaysian Institute of Economic Research (MIER).

Business 21 Apr 2008 | 12:00 AM

US is in recession

LIKE all dreamers, US policy makers have very often confused disenchantment with truth. The inconvenient truth in financial markets today is that the US is already in recession.

Letters 04 May 2008 | 12:00 AM

Not in the mood to celebrate

May Day came and went, but there was nothing much to celebrate this time. In the backs of their minds, workers knew that with the economy entering a slump, so is the job market.

AseanPlus News 04 May 2008 | 12:00 AM

Not in the mood to celebrate

May Day came and went, but there was nothing much to celebrate this time. In the backs of their minds, workers knew that with the economy entering a slump, so is the job market.

World 07 Jul 2008 | 12:00 AM

Obama, McCain set to duel over economy

PHOENIX (Reuters) - The U.S. presidential candidates will duel over the economy this week, with Republican Sen. John McCain touting proposals he says will stimulate job growth and Democratic Sen. Barack Obama discussing economic security for families.

World 07 Jul 2008 | 12:00 AM

Obama, McCain set to duel over economy

PHOENIX (Reuters) - The U.S. presidential candidates will duel over the economy this week, with Republican Sen. John McCain touting proposals he says will stimulate job growth and Democratic Sen. Barack Obama discussing economic security for families.

Business 21 Jul 2008 | 12:00 AM

Economic growth may be feeble in the second half

WASHINGTON (AP) - Call it the big fizzle. The hoped-for second-half U.S. economic rebound is looking to be lethargic, with the country straining under high energy prices and fallout from the housing and credit debacles.