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Business 10 Jul 2010 | 12:00 AM

Is Malaysia in danger of going bankrupt?

Quah Boon Huat discusses how Malaysia can avoid going bankrupt.

Business 07 Jan 2009 | 12:00 AM

Low interest rate climate will be base for strong market recovery

LAST month, in an interview with i>Bloomberg News/i>, the journalist asked me for a phrase that I thought reflected the current mood. I mulled over the market chaos and changes that have taken place - events which would have been unthinkable just a few months earlier - and a song from alternative band REM popped into my head: i>It's the end of the world as we know it/i>, writes Raymond Tang.

Business 20 Jan 2009 | 12:00 AM

Tax policy and the social agenda

Tax breaks and incentives will continue to feature significantly in our budget strategies

Business 07 Feb 2009 | 12:00 AM

Only citizens can engineer a recovery

Stimulus packages in the next two years must be directed at the people to enable them to pay for housing mortgages or rentals, and also buy goods. Ultimately, if there is no consumption, there will be no economy

Business 02 Aug 2009 | 12:00 AM

Castro says Cuba to cut spending, communism secure

HAVANA (AP): Raul Castro announced Saturday that Cuba will cut spending on education and health care, potentially weakening the building blocks of its communist system in a bid to revive a foundering economy.

Business 10 Mar 2009 | 12:00 AM

Calls for tough decision on banks

The United States should let some big troubled banks fail rather than commit more federal funds to prop them up, two key congressional Republicans said on Sunday.

Business 23 May 2009 | 12:00 AM

Venezuela mulls takeover of local Pfizer plant

CARACAS, Venezuela (AP) - Venezuela's government may take temporary control of a shuttered medicine plant that belongs to Pfizer Inc., a top official said Friday, suggesting that the New York-based company should resume production.

Business 23 May 2009 | 12:00 AM

Venezuela to pay $1 billion for Spanish bank unit

CARACAS, Venezuela (AP) - Venezuela agreed Friday to pay Spain's Banco Santander $1.05 billion to nationalize the bank's local unit, ending months of stalled talks and transforming President Hugo Chavez's government into the country's top financial player.

Business 30 May 2009 | 12:00 AM



Business 04 Mar 2009 | 12:00 AM

China's leadership meets under economic storm

BEIJING (AP) - Risk-averse in the best of times, China's Communist Party leadership is expected to use its biggest meeting of the year for an even tighter show of political unity in the face of the global economic crisis and public calls for political change.