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Business 31 Mar 2004 | 12:00 AM

Euro zone economy to recover but risks higher

Sluggish consumer spending is casting a shadow over the short-term outlook for the euro zone economy, the European Commission said on Monday, echoing concerns expressed by the European Central Bank.

Business 07 Apr 2004 | 12:00 AM

Euro may remain volatile

LOCAL companies affected by the euro's two-year long appreciation and expecting a reprieve after the currency fell to a four-month low against the US dollar at US$1.1995 yesterday, could still see their hopes dashed.

Business 14 Apr 2004 | 12:00 AM

German inflation rises slightly in March

Germany's annual inflation rate rose slightly to 1.1 percent in March, boosted by a rise in tobacco tax, the government said Wednesday.

Business 20 Apr 2004 | 12:00 AM

IMF warns US to gird world for higher rates

The International Monetary Fund will warn the US Federal Reserve this week that it needs to prepare the world economy for higher interest rates, the I>Financial Times/Ireported yesterday, after obtaining a draft chapter of a key IMF report.

Business 22 Apr 2004 | 12:00 AM

Berlin names senior academic to head Bundesbank

The German government plans to name one of its top economic advisers, Axel Weber, to head the Bundesbank after predecessor Ernst Welteke resigned in an ethics scandal last week, the finance ministry said on Tuesday.

Business 08 May 2004 | 12:00 AM

Zeti: Rates won’t change even if US raises its

MALAYSIA'S interest rates won't change even if the United States raises its rates, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

Business 10 Jun 2004 | 12:00 AM

Greenspan: Fed will act as needed to stem inflation

The US Federal Reserve will do 'what is required' to keep inflation in check if the forecast behind its view that interest rates can rise gradually proves wrong, said chairman Alan Greenspan.

Business 14 Jul 2004 | 12:00 AM

Expanded EU may divert investments

THE addition of 10 countries to the European Union (EU) in May could divert some European investments away from Malaysia, Dutch ambassador John von Muhlen said.

Business 07 Sep 2004 | 12:00 AM

Gold prices may rise

Gold may rise for the first week in three on concern high oil prices will slow the US economy and boost the appeal of precious metals as an alternative investment to stocks, a I>Bloomberg/Isurvey showed.

Business 15 Sep 2004 | 12:00 AM

Look beyond single currency to remain competitive, Asia advised

ASIAN countries may want to look at alternatives other than a single currency for the region to remain competitive, said former European Central Bank president Dr Willem F. Duisenberg.