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Business 08 Jul 2005 | 12:00 AM

ECB holds rates steady at 2% amid news of attacks

The European Central Bank kept its key interest rate unchanged at 2 percent, despite worries about growth and the unsettling news of terrorist attacks on the London transport network.

Business 04 Mar 2005 | 12:00 AM

European Central Bank leaves interest rates unchanged

The European Central Bank left interest rates unchanged, with poor fourth-quarter growth data and declining business confidence heightening worries about the strength of the economy.

Business 08 Sep 2004 | 12:00 AM

Measures likely to focus on four main areas

THE incentives and measures in Budget 2005 are likely to focus on four key areas - fiscal consolidation, enhancing business competitiveness and increasing domestic investment, promoting and developing new sources of growth and capital market expansion.

Business 22 Jul 2004 | 12:00 AM

Brazil frustrates business hopes for rate cut

The Brazilian Central Bank on Wednesday once again frustrated the hopes of business leaders by keeping the nation's base interest rate at a towering 16 percent.

Business 19 Jul 2004 | 12:00 AM

New unit trust funds set for launch in second half

Despite the cautious outlook taken by fund managers on the performance of the stock market for the second half of the year, unit trust management companies are still bullish on the prospects of the mutual fund industryfor the remaining year. i>StarBiz/ijournalist DALJIT DHESI spoke to some of the leading unit trust managers to get their views on various topics as well their companies'strategies for this year.

Business 25 Jun 2004 | 12:00 AM

CIMB Research: Local interest rates likely to go up about 25 basis points

DOMESTIC interest rates are likely to go up by an estimated 25 basis points (bps) in the second half of next year, CIMB Research said.

Business 05 Jun 2004 | 12:00 AM

Celcom makes growing business, margins priority

Although the re-listing of Celcom (Malaysia) Bhd on Bursa Malaysia this year remains the goal of the board of Telekom Malaysia Bhd, Celcom group chief executive officer Datuk Ramli Abbas sees growing the business and margins as of more immediate concern now that the cellular phone company is financially out of the woods as opposed to just over a year ago.

Business 14 Apr 2004 | 12:00 AM

German inflation rises slightly in March

Germany's annual inflation rate rose slightly to 1.1 percent in March, boosted by a rise in tobacco tax, the government said Wednesday.

Business 07 Apr 2004 | 12:00 AM

Euro may remain volatile

LOCAL companies affected by the euro's two-year long appreciation and expecting a reprieve after the currency fell to a four-month low against the US dollar at US$1.1995 yesterday, could still see their hopes dashed.

Business 02 Mar 2004 | 12:00 AM

2003 profits up 50%

Profits at Singapore-listed companies rose 49.8% in calendar 2003, led by banks and state-linked firms, according to the findings of a survey published yesterday, underscoring a strengthening economic recovery powered by exports.