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Business 31 Dec 2003 | 12:00 AM

Growing unease at ECB over euro strength

B>FRANKFURT:/BThe European Central Bank (ECB) is growing increasingly uneasy that the strength of the euro could undermine recovery and require an interest rate cut in the next few months, a senior ECB official has been quoted as saying.

Business 07 Nov 2003 | 12:00 AM

Analysts: Public Bank on solid ground

IT'S not for nothing that Public Bank Bhd (PBB) is considered one of the most solid banks in the country. Except for minor hiccups, the bank has lived up to this reputation, making it a perennial favourite with many a fund manager.

Business 27 Oct 2003 | 12:00 AM

UBs may require more time

THE sharp surge in investing interest in the local stock market is boosting stockbrokers' earnings from commission income.

Business 08 Oct 2003 | 12:00 AM

TMNet and Jaring may seal merger in 6 months

THE merger of Internet service providers TMNet and Jaring may be completed six months from now, said parliamentary secretary to the Ministry of Energy, Communications and Multimedia Chia Kwang Chye.

Business 18 Sep 2003 | 12:00 AM

Fed holds key rate at 1%

B>WASHINGTON:/BAs widely expected, the Federal Reserve has opted to keep US interest rates at 45-year lows, and said they would stay down for a long time to lift an economy that is losing jobs.

Business 10 Sep 2003 | 12:00 AM

The same old wish list

EVERY year, come budget time, we hear the same rally cries: cut corporate tax rate, more fiscal incentives to attract foreign direct investments (FDI), increase personal relief and tax rebates for the individual, and reduce import duties on key or essential goods, says Gan Kim Khoon, AmResearch Sdn Bhd executive director.

Business 14 Aug 2003 | 12:00 AM

US Fed leaves rates alone

B>WASHINGTON:/BFederal Reserve policy-makers, as widely expected, have opted to keep US interest rates at 45-year lows, but have again warned of the risks of falling prices and said rates could stay low for 'a considerable period'.

Business 12 Aug 2003 | 12:00 AM

Fed can afford to sit tight

With the latest batch of economic data showing a light wind beginning to fill the US economy's sails, Federal Reserve policy-makers have the luxury of sitting tight at their meeting today, analysts say.

Business 11 Jul 2003 | 12:00 AM

S. Korea enters recession

Grappling with its first recession since the 1997/98 Asian financial crisis, South Korea cut interest rates to a record low of 3.75% yesterday and slashed its growth forecast for the year.

AseanPlus News 11 Jul 2003 | 12:00 AM

S. Korea enters recession

Grappling with its first recession since the 1997/98 Asian financial crisis, South Korea cut interest rates to a record low of 3.75% yesterday and slashed its growth forecast for the year.