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World 30 Jul 2012 | 12:00 AM

Euro zone crisis heads for September crunch

BRUSSELS (Reuters) - Over the past couple of years, Europe has muddled through a long series of crunch moments in its debt crisis, but this September is shaping up as a

World 30 Jul 2012 | 12:00 AM

German coalition member urges "unusual" legal action vs. ECB

BERLIN (Reuters) - A member of Chancellor Angela Merkel's junior coalition partner said the German government should consider the

World 30 Jul 2012 | 12:00 AM

Spain Treasury chief: won't request debt-buying fund help - report

MADRID (Reuters) - Spain will not ask for European funds to buy its debt despite the fact that the country needs its borrowing costs to fall soon, the head of the country's Treasury said in an interview with Spanish daily Expansion.

Technology 30 Jul 2012 | 12:00 AM

Apple's invincibility fades on iPhone miss, global woes

Apple Inc's biggest success has become its biggest risk factor.

Business 29 Jul 2012 | 12:00 AM

Wall Street Week Ahead: Rolling out red carpet for central bankers

NEW YORK: Stocks took off at the end of the week, drawn by the allure of a helping hand from the world's two most powerful central banks. Traders are unlikely to resist those charms again next week.

Business 28 Jul 2012 | 12:00 AM

Ananda back in spotlight

PETALING JAYA: Reclusive billionaire T. Ananda Krishnan may be raising money for his other businesses abroad by the sale of 375 million shares or a 5% stake in telecommunications network operator Maxis Bhd for an estimated RM2.35bil.

Business 28 Jul 2012 | 12:00 AM

More volatile market seen for H2

THE local stock market appears to be set for more volatility in the second half of this year as the melange of weak overseas economic conditions and looming local polls continues to have a huge impact on investor and trader sentiment.

Business 28 Jul 2012 | 12:00 AM

The spectre of food inflation

The writing is on the wall: Food inflation will likely rear its ugly head again soon, and countries in Asia, including Malaysia, will also be feeling the heat.

Business 28 Jul 2012 | 12:00 AM

Global stocks fly on central bank hopes, euro cuts gains

NEW YORK: Stocks rallied on Friday on expectations the European Central Bank will tackle high borrowing costs hitting Spain and Italy, but the euro pared gains on market uncertainty about the specific action to be taken.

Business 27 Jul 2012 | 12:00 AM

Mistry: Palm oil in for another retreat in prices

KUALA LUMPUR: Dorab Mistry compared the palm-oil market in 1998 to the Titanic and correctly predicted a slump from then-record prices the next year. He’s now forecasting another retreat as weakening demand outweighs a decline in Malaysian production.