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Business 21 Jan 2006 | 12:00 AM

SBB: Most will accept fair offer

Southern Bank Bhd (SBB) believes only a fair offer from the CIMB group would gain the approval of more than 75% of its shareholders.

Business 17 Jan 2006 | 12:00 AM

China expects foreign investment to stay steady at US$60b in 2006

SHANGHAI: China expects foreign investment to remain at about US$60 billion (euro50 billion) in 2006 and has no plans to restrain such flows from overseas, a state media report said Monday.

Business 06 Jan 2006 | 12:00 AM

US stocks inch higher in erratic trading

NEW YORK: Stocks managed to extend their New Year's rally to a third session Thursday, edging higher in erratic trading as the tech sector rebounded on bullish news from chip maker Xilinx Inc.

Business 29 Dec 2005 | 12:00 AM

Oil prices near US$60 after Iran oil minister calls for debate on production cuts

SINGAPORE: Oil prices rose toward US$60 on Thursday after Iran's oil minister said OPEC should consider cutting production next month.

Business 25 Dec 2005 | 12:00 AM

Courage is the acid test of leadership

THE calls for leadership have never been more demanding in this information age, where news, information or even rumour-mongering are so easily available and rampant - the Internet, e-mail, fax and SMS are the super electronic 'postmen' of the day.

Business 25 Dec 2005 | 12:00 AM

Japan Cabinet approves 79.69 trillion yen draft budget for fiscal 2006

Japan's Cabinet on Saturday approved a nearly 80 trillion yen (US$687.9 billion; euro579.9 billion) draft budget for fiscal 2006 that would slash spending across the board to reflect government efforts at fiscal reform.

Business 04 Dec 2005 | 12:00 AM

Leadership in the past, present, future

LEADERSHIP appears to be one of those qualities that we are aware of when we see it, but is not easy to define.

Business 30 Nov 2005 | 12:00 AM

U.K. commission propose raising retirement age to 69

Britain must raise its retirement age as high as 69 by 2050 and increase the minimum state pension to meet the demands of a population that is living longer, a government-commissioned report found Wednesday.

Business 24 Nov 2005 | 12:00 AM

Parliament rejects Iranian president's third nominee for oil minister

TEHRAN, Iran: Parliament handed a major embarassment to Iran's hard-line President Mahmoud Ahmadinejad on Wednesday, rejecting his third straight nominee for the vital post of oil minister and highlighting splits among the country's conservatives.

Business 24 Nov 2005 | 12:00 AM

Setting an inflation target

Capital Talk: A comment by Tan Teng Boo, CEO, Capital Dynamics Sdn Bhd. He writes: BEN Bernanke, the incoming chairman of the US Federal Reserve, has openly said he favours inflation targeting. The outgoing chairman is opposed to conducting monetary policy in this manner.