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WASHINGTON: The Federal Reserve on Wednesday looked past a dismal reading on first quarter U.S. growth and gave a mostly upbeat assessment of the economy's prospects as it announced another cut in its massive bond-buying stimulus.
KUALA LUMPUR: The government is concerned about the rising cost of living and is taking measures to provide relief to lower-income groups, says Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah, adding that a list of tax-exempted goods and services is being compiled.
A COMMERCIAL transaction normally commences with due diligence being conducted prior to much consideration being put into the written agreement. This measure has two effects – it prevents the parties from sealing a detrimental deal and also time wastage over unfruitful discussions.
TOKYO: A Japanese city is asking a court for an injunction to prevent a nuclear plant being built, in a country that remains deeply suspicious of the technology three years after Fukushima.
WASHINGTON: The US Federal Reserve on Wednesday looks certain to press forward with its plan to wind down its bond-buying stimulus, and could offer some vague clues on how much nearer it might be to finally raising interest rates.
KUALA LUMPUR: Malaysian companies have secured sales worth RM528.3mil during a specialised mission for the oil and gas (O&G) sector to Stavanger, Norwa