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Business 05 Jun 2006 | 12:00 AM

CEOs revel in football mania

WITH the FIFA World Cup just around the corner, StarBiz journalists LEONG HUNG YEE, CHAN CHING THUT, SURAJ RAJ and LOONG TSE MIN gather comments from some of the country's top executives on the much talked-about tournament in Germany and on football in general.

Business 18 Oct 2007 | 12:00 AM

Airlines shares under pressure

Volatility in the oil market over the past few months has kept the world on the edge. Oil prices settled at a fresh record high of US$87.48 on Tuesday triggered by a weaker dollar and tensions between Turkey and Kurdish separatists in northern Iraq.

Business 02 Feb 2008 | 12:00 AM

Analysts: Central banks poles apart on interest rates

Leading central banks, which have pulled together to tackle the global credit crunch over the past six months, have shown far less co-ordination over monetary policy.

Business 17 Jul 2008 | 12:00 AM

Govt must raise livelihood of the people

THE debate between PKR adviser Datuk Seri Anwar Ibrahim and Information Minister Datuk Ahmad Shabery Cheek yesterday highlighted the plight both the people and the Government are going through.

Business 18 Sep 2008 | 12:00 AM

SEC adopts rules against naked short-selling

WASHINGTON (AP) - Federal regulators on Wednesday took measures aimed at reining in aggressive forms of short-selling that were blamed in part for the demise of Lehman Brothers and which some feared could be used against other vulnerable companies in a turbulent market.

Business 19 Sep 2008 | 12:00 AM

US SEC bans short selling in 799 financial firms

The US Securities and Exchange Commission, acting in concert with the UK Financial Services Authority, had on Friday temporarily banned short selling of financial companies.

Business 25 Oct 2008 | 12:00 AM

OPEC ministers cut output by 1.5 million barrels

VIENNA, Austria (AP) - An OPEC attempt to stem the free-fall in oil prices has fizzled with crude plunging to lows last seen 15 months ago on world economic fears, despite the 13-member group's decision to slash production by a daily 1.5 million barrels.

Business 17 Dec 2008 | 12:00 AM

Fed reduces benchmark rate to as low as zero

The Federal Reserve, urgently rewriting its playbook to fight a deepening recession, cut its benchmark interest rate to as low as zero Tuesday, a surprisingly strong step that should make it cheaper for Americans to borrow on credit cards and pay their mortgages.

Business 22 Dec 2008 | 12:00 AM

Banks remain stringent despite cut in reserve requirement

Although the recent 50-basis-point cut in the statutory reserve requirement (SRR) is designed to lower the cost of funds, banks are still stringent and selective in their lending activities.

Business 27 Dec 2008 | 12:00 AM

Your 10 questions

The CEO's position at Bursa Malaysia Bhd is truly a hot seat. In a way, he is answerable to every participant in the exchange. Considering that Datuk Yusli Mohamed Yusoff has been heading Bursa since March 2004, it is no surprise he has gamelyagreed to fi eld our readers' questions.