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Taxes – between idealism and realism

Tax experts share their views with i>StarBizWeek/ion what is to be expected in the budget and what elements within the current tax system need to be revised.

SPECIAL REPORT - How to win business in Libya

BENGHAZI, Libya (Reuters) - In August, as rebels fought forces loyal to President Muammar Gaddafi, two representatives of a British business consortium took a

SPECIAL REPORT - How to win business in Libya

BENGHAZI, Libya (Reuters) - In August, as rebels fought forces loyal to President Muammar Gaddafi, two representatives of a British business consortium took a

Obama wants U.S. tax revamp to raise revenue

WASHINGTON, Sept 19 (Reuters) - President Barack Obama on Monday said he would work with the U.S. Congress to revamp the tax code and lower corporate tax rates, but that any deal must raise revenue to pare the deficit.

RapidKL expects additional 150 buses to increase efficiency

KUALA LUMPUR: Rangkaian Pengangkutan Integrasi Deras Sdn Bhd (RapidKL), a public transportation provider, expects the addition of 150 city buses to its service to increase service efficiency in the Klang Valley.

US stocks fall on European economic, debt worries

NEW YORK: Worries about Europe's economic and debt problems sent stocks Tuesday to their first loss in four days.

Smaller QE3 may be necessary to prevent US double dip recession

PETALING JAYA: With the US economy possibly sliding into a double dip recession soon, there are expectations of a third round of quantitative easing (QE3), which may involve smaller amounts.

Recession hits transit budgets despite rising need in US

BOSTON: Cash-strapped and debt-ridden, public transit systems across America are trimming service, raising fares and postponing badly needed upgrades just to maintain daily operations, even as rising gas prices increase demand and experts call modernization critical to cities' futures.

Libya says NATO air strike hits major oil field

TRIPOLI (Reuters) - Libya said a U.N.-mandated British air strike had hit its major Sarir oilfield killing three guards and damaging a pipeline connecting the field to a Mediterranean port.

Gaddafi attacks Misrata, NATO tactics questioned

AL-ARBAEEN, Libya (Reuters) - Muammar Gaddafi's forces unleashed mortar rounds, tank fire and artillery shells on the western city of Misrata on Wednesday as a French minister said NATO air strikes in Libya risked getting