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Business 10 Mar 2005 | 12:00 AM

Bush not planning to tap petroleum reserves

President George W. Bush said Wednesday that high gasoline and oil prices are legitimate concerns'' for Americans and the answer is a long-range energy plan that includes drilling in an Arctic wildlife refuge.

Business 10 Mar 2005 | 12:00 AM

US stocks sink on prospect of higher rates

Volatile oil prices and a weak dollar sent stocks plunging Wednesday as the prospect of inflation and rising interest rates sank in on Wall Street.

Business 06 Mar 2005 | 12:00 AM

All ears when Greenspan talks

Federal Reserve Chairman Alan Greenspan seems like he's everywhere these days, peering out from black horn-rimmed glasses and waxing on about Social Security, Medicare, deficits, consumption taxes, financial illiteracy, even liquefied natural gas.

Business 04 Mar 2005 | 12:00 AM

WTO upholds Brazil's complaint over US aid to cotton farmers

The World Trade Organisation on Thursday upheld a ruling condemning government help for cotton producers in the United States, saying that many U.S. programmes include illegal export subsidies or domestic payments that are higher than permitted by WTO rules.

Business 01 Mar 2005 | 12:00 AM

Cash-rich Corporate America sits tight

Corporate America is generating cash at near record levels, but the lessons of past investments turned sour are prompting companies to adopt a more conservative approach with spending.

Business 04 Feb 2005 | 12:00 AM

More syariah products needed to meet demand

ISLAMIC banking practitioners and scholars should be able to foresee the needs of the market and roll out I>syariah/Iproducts and services in advance of conventional products to ensure continuous growth of Islamic banking globally, International Islamic University Malaysia deputy rector and I>syariah/Iadvisory council member of Bank Negara, Associate Professor Dr Mohd Daud Bakar, said.

Business 15 Jan 2005 | 12:00 AM

News in brief

News briefs on: Fiamma, Island Peninsular, Safeguards, MESB, Cocoland Holdings, Southern Bank, Ranhill Power, BIMB Holdings, Latexx Partners, Kulim Malaysia, MHC Plantations, Leweko, I-Power, Multi-Purpose, Mulpha, LBS Bina and Success Transformer.

Business 05 Jan 2005 | 12:00 AM

China’s exchange rate systems

THIS note assumes that China is interested in moving from the current peg to the US dollar towards a more flexible type of exchange rate system. It first makes a suggestion on the transition process towards such an exchange rate system. It then puts forward a proposal that can strengthen China's ability to stabilise her exchange rate. Some of the discussions are also applicable to Malaysia.

Business 07 Dec 2004 | 12:00 AM

Uniting to further grow Islamic capital markets

Countries with Islamic capital markets (ICM) must build greater linkages, as well as expand intra-trade and cross-border investments to promote the growth of the sector, said Second Finance Minister Tan Sri Nor Mohamed Yakcop.

Business 07 Dec 2004 | 12:00 AM

A case for having a company secretary

The Companies Commission (CCM) of Malaysia established the corporate law reform committee pursuant to sections 17 and 19 of the Companies Commission of Malaysia Act 2001 to review the Malaysian corporate law under its corporate law reform programme to ensure that the reform programme will be conducted effectively and objectively.