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Business 14 Feb 2005 | 12:00 AM

Rethinking the timeframe for a balanced budget

THE Malaysian Government is striving to reduce its budget deficit and achieve a balanced budget. This sounds good. A balanced budget would ensure a strong public sector financial position, more confidence in the economy, a stable currency and a stable economy.

Business 17 Nov 2004 | 12:00 AM

Ringgit depreciates sharply against three currencies

THE local currency, which is pegged to the US dollar, has lately depreciated sharply against other currencies #8211; such as the Aussie, the Singapore dollar and the euro #8211; in tandem with the softening greenback.

Business 25 Mar 2004 | 12:00 AM

Shares in YTL firms surge

SHARE prices of the YTL group of companies spiked Wednesday following the announcement of a proposed share split which would make these shares more affordable.

Business 25 Feb 2004 | 12:00 AM

PDZ said to be in talks on ‘material acquisition’

PDZ Holdings Bhd, whose shares and warrants went limit-up yesterday, informed the MSEB that it was currently 'in negotiations with a party on a material acquisition.''

Business 21 Feb 2004 | 12:00 AM

Aussie dollar at six-year high vs ringgit

MALAYSIANS will have to dig deeper into their pockets for education in Australia and products from that country as the Aussie dollar has risen to a six-year high against the ringgit.

Business 29 Jan 2004 | 12:00 AM

Support Line

K.M. Lee writes on DRB-Hicom, KFC and Timberwell.

Business 01 Jan 2004 | 12:00 AM

Aussie the top gainer against US$ in 2003

The Australian dollar is set to build on last year#8217;s bumper 34% gain on the US dollar in the first half of 2004, looking to breach the 80 US-cent barrier as positive fundamentals remain intact.

Business 17 Dec 2003 | 12:00 AM

BoJ: Yen’s rise may not be damaging

B>TOKYO:/BBank of Japan governor Toshihiko Fukui said Tuesday that while the central bank was watching the effects of the strong yen on corporate profits, the currency's rise may not necessarily be damaging.

Business 06 Dec 2003 | 12:00 AM

Money Market

Business 29 Nov 2003 | 12:00 AM

Versus the CI

Yvonne Chong writes on SPI, Orisoft, FBO, Binaik and Tanamas.