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Business 08 Nov 2003 | 12:00 AM

No rate hike seen in M’sia

INFLATIONARY pressure brought about by the overheated property sectors has forced Australia#039;s and England#039;s reserve banks to increase interest rates in their respective countries, but it would be a long time before Malaysian consumers will see any rate hike.

Business 06 Nov 2003 | 12:00 AM

Aussie central bank raises rates to 5%

B>SYDNEY:/BAustralia's central bank raised interest rates by a quarter percentage point on Wednesday, its first adjustment in 17 months, with a recovery in exports allowing policymakers to target a hot domestic economy.

Business 05 Nov 2003 | 12:00 AM

US output growth in October fastest in 4 years

B>NEW YORK:/BUS manufacturers cranked up output in October to the fastest pace in nearly four years, according to a report on Monday that showed hard-hit factories enjoying their best rebound since the 2001 recession.

Letters 26 Oct 2003 | 12:00 AM

India to write next trading chapter


Business 22 Oct 2003 | 12:00 AM

Aussie inflation eases despite market consensus of coming interest rate hikes

Inflation eased slightly in the three months to the end of September from the previous quarter, placing it almost in the middle of the central bank's preferred target range, according to official data released Wednesday.

Business 16 Oct 2003 | 12:00 AM

Consumers turn cheery

B>SYDNEY: /B>Australian consumer sentiment has risen to its highest level in nine years, despite expectations that the Reserve Bank is set to embark on a tightening cycle, possibly by year#039;s end, a leading survey showed yesterday.

Business 12 Sep 2003 | 12:00 AM

Aussie jobless rate at 13-year low

Australia's jobless rate fell to its lowest level in 13 years last month as employment jumped, raising expectations that the central bank will push up interest rates by early next year.

Business 02 Sep 2003 | 12:00 AM

Australian economy records marginal growth

The Australian economy recorded its weakest performance in more than two years in the three months ending June 30, growing just 0.1 percent from the previous quarter, according to official figures released Tuesday.

Letters 10 Aug 2003 | 12:00 AM

'Shares or property' debate


Business 08 Aug 2003 | 12:00 AM

Banking news in brief

Banking news in brief including from Johannesburg that the London-listed Standard Chartered on Tuesday announced it is to open a full-service bank in South Africa, media reports said.