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Business 10 Feb 2004 | 12:00 AM

China’s absence muffles forex message of G7

The Group of Seven (G7) is looking more and more like a doughnut: without fast-growing China in its ranks, there is a gaping hole at the heart of its policy-making.

Business 12 Jul 2003 | 12:00 AM

Global interest rate easing may be near end

The cost of money has fallen further around the world this week with the Bank of England and a trio of Asian central banks trimming interest rates to jump start a hesitant global economic recovery.

Business 21 Jun 2003 | 12:00 AM

11 Asia-Pacific nations to launch US$1bil bond fund

Eleven Asia- Pacific nations will formally launch a new US$1bil Asian bond fund tomorrow, drawn from their huge central bank reserves to speed up the development of a regional bond market.

Business 03 Jun 2003 | 12:00 AM

Asian Bond Fund launched with initial size of US$1bil: Bank Negara

THE US dollar Asian Bond Fund (ABF) launched yesterday will be a stepping-stone to ABF bonds denominated in regional currencies.