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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

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.

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 11 Nov 2005 | 12:00 AM

Experts: Vital to inculcate culture of leadership

AUTHORITATIVE or consultative? Fill vacancies in top management from within a company or hire a hotshot from abroad? Those were just some of the issues discussed by a panel of experts who talked about the need for inculcating a leadership culture.

Business 29 Oct 2005 | 12:00 AM

Hot debate over Temasek stake in Southern Bank

HAS Temasek Holdings Pte Ltd breached Malaysian banking laws by exceeding a 5% overall stake in Southern Bank Bhd?

Business 28 Oct 2005 | 12:00 AM

US stocks fall after durable goods orders slip

NEW YORK: Stocks tumbled Thursday, slicing 115 points from the Dow Jones industrials after a larger-than-expected drop in durable goods orders raised new questions about the economy and corporate profits.

Business 26 Oct 2005 | 12:00 AM

US stocks end down on falling consumer confidence

NEW YORK: Wall Street closed lower in profit-taking Tuesday after the previous session's big gain, though the market held on reasonably well despite a surprising drop in consumer confidence and a disappointing forecast from Texas Instruments Inc.

Business 10 Oct 2005 | 12:00 AM

Sell and build vs build and sell: The debate continues

Property Talk: A weekly column by S.C. Cheah

Business 26 Sep 2005 | 12:00 AM

Seven bodies voice concerns over move

Property Talk: A weekly column by S.C. Cheah. This week he writes why are the Board of Valuers, Appraisers and Estate Agents (Board) and the Institution of Surveyors Malaysia (ISM) so adamant in pushing for the proposed amendment to the Valuers, Appraisers and Estate Agents Act 1981 (Act)?

Business 20 Sep 2005 | 12:00 AM

Venezuela oil minister says global oil consumption outstrips supply

The world's major petroleum producers are pumping oil at their maximum capacity, leaving little room to increase output, Venezuela's oil minister said Monday.