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Fed expands options on interest rates
The US Federal Reserve and its chairman Ben Bernanke have already scored a monetary policy victory, weeks before they are due to meet again to decide the next step on interest rates.
Toyota, Nissan recall combined half-million vehicles
WASHINGTON (AP) - Toyota Motor Corp. said Wednesday it was recalling 367,500 Toyota and Lexus sport utility vehicles in the United States because a piece in the front console area could come loose and interfere with the gas pedal.
MPH revives ops, sets up website
The MPH group, which owns bookstore chain operator MPH Bookstores Sdn Bhd, is firing up all cylinders as it gears up to meet the challenges of a new era.
Commodity sell-off prompts consensus for bulls and bears
Mayur Ajmani bought copper last month only to see US$11,000 of his investment vanish in an hour when the metal had its biggest decline May 15 since 2004.
China’s CNOOC to sell up to US$2bil shares
Top Chinese offshore oil and gas producer CNOOC Ltd is leading a nearly US$2bil share sale to help fund its expansion plans, according to a deal term sheet obtained by I>Reuters /I>yesterday.
IT success takes Chong places
WHILE the computer engineering and technology field is often viewed as 'boring' and 'robotic' by less-informed souls, network access control appliance Cisco Clean Access (CCA) product manager Nick Chong begs to differ.
Price of rubber too high, says minister
World natural rubber prices are at least 25% above sustainable levels and those who have jacked up the market must be able to weather a crash, said Commodities Minister Peter Chin.
Country rich in deposits of tin, gold, copper and zinc
THESE are exciting times for H.K. Sia, CEO of Sumatecgroup's mining division. Sia, 50, who has expertise in bothgeology and its commercial aspects, was engaged formany years in hard rock mining for gold in SouthAmerica. He joined Sumatec in May last year. Excerpts of adialogue with StarBiz.
Wong recalls 40 years at MAS
When Wong Teo Khoon landed a job as Malaysia Airlines (MAS) traffic clerk, he was not sure what it was.
EMC makes a big comeback
EMC Corp has made a comeback in a big way since the dotcom crash in 2000.
