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Business 27 Oct 2005 | 12:00 AM

New Zealand central bank raises benchmark interest rate

WELLINGTON, New Zealand:: New Zealand's Reserve Bank on Thursday raised its benchmark cash rate by 0.25 percent to 7 percent in a move aimed at cooling inflation and warned further rises may follow.

Business 20 Sep 2005 | 12:00 AM

India's stock market regulator watching share boom

Regulators are tightening their oversight of the Indian stock market following its spectacular surge in recent months, newspapers reported Tuesday.

Business 15 Sep 2005 | 12:00 AM

Money market

Business 05 Sep 2005 | 12:00 AM

As Katrina's aftermath worsens, all bets are off on Wall Street

In the aftermath of Hurricane Katrina, investors trying to figure out where Wall Street is headed are likely to find it's an impossible task.

Business 26 Aug 2005 | 12:00 AM

Bank of Baroda seeks approval for Malaysian JV

Bank of Baroda (BoB) will approach India's central bank, the Reserve Bank of India (RBI), for approval of its plan to form a Malaysian joint venture company with Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC).

Lifestyle 15 Aug 2005 | 12:00 AM

Durable plastic money

Three Malaysians do the nation proud on the 25th anniversary of polymer - or plastic - banknotes, publishing a reference book on the hobby that has a worldwide following. MAJORIE CHIEW meets the trio.

Business 14 Jul 2005 | 12:00 AM

NZ annual inflation remains at 2.8%

Rising gasoline prices and housing costs pushed New Zealand's inflation rate higher in the second quarter, but the 2.8 percent annual inflation rate remained constant, official data showed Thursday.

Business 12 Jul 2005 | 12:00 AM

New Zealand stocks hit record high Tuesday

New Zealand's stock market hit a record high for the second day in a row the third time in a week on Tuesday, buoyed by the reinvestment of cash from recent dividend and merger payouts, as well as another strong performance on Wall Street.

Business 12 Jul 2005 | 12:00 AM

NZ business confidence down sharply

Business confidence declined sharply in New Zealand in the quarter that ended June 30, hitting its lowest level for more than two years, a new survey reported Tuesday.

Business 06 Jul 2005 | 12:00 AM

Australia's central bank leaves interest rates unchanged

Australia's central bank on Wednesday left the country's benchmark interest rate unchanged at 5.5 percent.