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Gold, silver remain calm despite Korean tensions and Europe debt woes
GOLD traded in a flat range of between 1348 and 1382 regions despite the two Koreas exchanging fire and Ireland's resurgence into the debt crisis.
More than 8 million drop out of credit card use
NEW YORK (AP): More than 8 million Americans stopped using credit cards over the past year. The decline stems from a combination of consumer choices and bank actions.hr noshade size=1 width=100%>
Foreigners invest more in Malaysian Government Securities
PETALING JAYA: The appreciation of the ringgit against the US dollar, rising interest rate and redirection of funds are among the reasons that have triggered an increase in foreign buying of Malaysian Government Securities (MGS).
Q+A - How will tension with North hit South Korea's economy?
SEOUL (Reuters) - Investors at first shrugged off North Korea's heaviest shelling of the South since the end of the civil war in 1953 but later sold the won and bonds as the tension failed to subside.
HwangDBS: Asia emerging markets best investment region in 2011
THE Asia emerging markets (AEM) will be the best regions to invest in next year and over the long-term due to its solid fundamentals and strong corporate and government balance sheet.
Towards a green nation and economy
In the pursuit of sustainable development, policymakers must find a way to strike a balance between economic efficiency and environmental protection.
Malaysia well-placed to ward off hot money risks
KUALA LUMPUR: Malaysia is well-placed to ward off risks from the inflow of short-term hot money, as it is buttressed by reserves amounting to US$106bil, compared to the US$20bil during the 1997/98 financial crisis.
Portugal, Spain hit by investor fears over debt
LISBON, Portugal: Portuguese and Spanish borrowing costs have risen to near record highs as investors worried that the governments' debt loads will prove unsustainable, putting them next in line for a European bailout, and as a public sector strike hit Portugal.
Region’s economy still strong
RECENT trends have confirmed economists' view that insufficient growth is no longer much of a concern for most economies in Asia (excluding Japan), compared with other regions in the world.
Synovate: High-end tech products still in demand in KL
KUALA LUMPUR: Affluent residents of Kuala Lumpur are splurging on mobile phones and high-end television sets, and the trend is set to continue, according to market research firm Synovate.
