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KLCI closes in the red, plantations, SapuraKencana down (Update)

KUALA LUMPUR: Malaysia’s blue chips ended nearly one point down on Monday amid a lacklustre market in line with the regional markets as investors stayed on the sidelines due to the concerns about a possible US debt default.


Analysis - Not much left for Europe's left

PARIS (Reuters) - What is left for Europe's mainstream centre-left?


US Senate leader sees chance for breaking fiscal impasse

WASHINGTON: Senate negotiations to bring a boiling fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees that the U.S. federal government shutdown was about to end or that a historic default would be avoided.


US stock futures sag, yen up as debt deadline nears

SYDNEY: US stock index futures fell on Monday and the safe-haven yen rose broadly, foreshadowing a rocky start for Asian shares after weekend talks in Washington failed to reach an agreement to avert a U.S. debt default.


Pre-Budget 2014 - Tackling the property bubble conundrum

NOTHING is certain in life except death and taxes.


Dr Zeti Aziz: Malaysia on track for better growth next year

KUALA LUMPUR: The economy is on track for 4.5% to 5% expansion this year as domestic demand holds up and exports recover, predicting higher growth in 2014, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said.


US fiscal negotiations sputter as deadline nears

WASHINGTON: Congressional negotiations to end a U.S. fiscal crisis gripping Washington and spooking financial markets hung by a thread on Saturday after bipartisan talks broke down in the House of Representatives and shifted to Senate leaders.


Global finance chiefs ready defences ahead of Fed exit

WASHINGTON: Global finance chiefs on Saturday told the IMF to stand ready to aid emerging market economies that could be destabilized by a sudden flight of capital when the U.S. Federal Reserve and other central banks back away from ultra-loose monetary policies


Obama to meet Senate Democratic leadership on Saturday on fiscal impasse

WASHINGTON (Reuters) - President Barack Obama will meet Senate Democratic leaders at the White House on Saturday at 3:15 p.m. EDT (1915 GMT) to discuss the fiscal impasse, the White House said.


U.S. Senate Reid says wants fiscal deal by Monday

WASHINGTON (Reuters) - U.S. Senate Majority Leader Harry Reid on Saturday said he would like fiscal negotiations with Republican leaders to result in a deal by Monday, even though the talks were in their very earliest stage.