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Business 13 Sep 2012 | 12:00 AM Premium

Economists lower Singapore 2012, 2013 outlook

SINGAPORE: Singapores trade-dependent economy is likely to expand at a slower pace this year while inflation will probably be higher than what economists were expecting three months ago, according to a central bank survey released yesterday.

Business 11 Jun 2009 | 12:00 AM Premium

New Zealand Thursday held key interest rate at 2.5%

WELLINGTON: New Zealand's central bank made no change to the nation's key 2.5 percent interest rate Thursday, ending a year of aggressive interest rate cutting to combat the global credit crunch and a domestic recession.

Business 29 Sep 2012 | 12:00 AM Premium

Moody’s cuts Vietnam rating on banking stress

HANOI: Moodys Investors Service downgraded Vietnams sovereign credit rating by one notch to i>B2/i>, citing stresses in the banking industry from a prolonged credit boom and a darkening economic backdrop.

Business 20 Jan 2004 | 12:00 AM Premium

Rising house prices help drive up New Zealand inflation

Rising house and construction prices helped drive inflation up by a higher-than-expected 0.7 percent in the three months ended Dec. 31, official figures showed Tuesday.

Business 20 Sep 2007 | 12:00 AM Premium

August inflation at 6-month high

Malaysia's inflation accelerated to a six-month high in August as food and cigarette prices gained and a weakening ringgit made imports costlier.

Business 18 Oct 2006 | 12:00 AM Premium

Mier: Ringgit to further strengthen against US dollar in 2007

The ringgit will further strengthen against the US dollar well into next year as it catches up with regional currencies which have appreciated even faster against the greenback in recent months, said the Malaysian Institute of Economic Research (Mier).

Business 21 Sep 2007 | 12:00 AM Premium

Rate cut by other nations depends on state of economy

The US Federal Reserve's (Fed) move to cut its funds target rate by 50 basis points marks an interest rate easing cycle for the US economy but that is not necessarily so for other global economies.

AseanPlus News 11 Dec 2006 | 12:00 AM Premium

GDP rise of 10.5% estimated

CHINA'S gross domestic product (GDP) is estimated to exceed 20 trillion yuan (RM9tril) this year, up 10.5% over 2005, said Ma Kai, Minister of the State Development and Reform Commission (SDRC) in Beijing last Saturday.

Letters 21 Sep 2003 | 12:00 AM Premium

A strike at teachers’ strike

By Jeffrey Francis

Letters 15 Jul 2007 | 12:00 AM Premium

Shiny or shabby golden years?

With increasing life spans, well-prepared Malaysians can look forward to having a fabulous time in retirement.