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Bush battling to climb out of popularity slump

WASHINGTON (Reuters) - U.S. President George W. Bush is battling to climb out of a slump caused by the slow federal response to Hurricane Katrina, the Iraq war and soaring gasoline prices, events that have all combined to damage his credibility and deflate Americans' confidence in him.

Bush battling to climb out of popularity slump

WASHINGTON (Reuters) - U.S. President George W. Bush is battling to climb out of a slump caused by the slow federal response to Hurricane Katrina, the Iraq war and soaring gasoline prices, events that have all combined to damage his credibility and deflate Americans' confidence in him.

Can Malaysia narrow the budget deficit?

Malaysia is confident it can narrow the budget deficit, but Moody's Investors Service said extending fuel subsidies may undermine this.

Katrina could have broad reach for consumers, businesses

From gas stations to grocery stores, farms to factories, the force of Hurricane Katrina is rippling through the economy, confronting consumers and businesses with higher prices and logistical dilemmas, even thousands of miles (kilometers) from the Gulf Coast.

Huge power failures in Indonesia's Java, Bali

JAKARTA (Reuters) - Power supplies to large areas of Java and Bali islands in Indonesia, including the whole of the capital, Jakarta, were disrupted on Thursday, state electricity company PT Perusahaan Listrik Negara (PLN) said.

Move to scrap ringgit peg will boost economy: Moodys

Malaysia's decision to scrap its ringgit peg for a managed float system will improve government finances, damp inflation and fuel economic growth, Moody's Investors Service said.

A3 rating of Malaysia reflects strong financial situation

Malaysia's I>A3 /I>rating and stable outlook reflect the country's strong external financial position, Moody's Investors Service said in its annual country report on Thursday.

Ramunia signs underwriting pact for listing next month

RAMUNIA Holdings Bhd has signed an underwriting agreement with Kamp;N Kenanga Bhd and AmMerchant Bank Bhd in conjunction with its listing on Bursa Malaysia#039;s second board, scheduled for next month.

Petronas and PTT to buy gas from field in Gulf of Thailand

PTT Plc and Petroliam Nasional Bhd (Petronas) will buy gas from a field shared by Malaysia and Thailand starting January after the construction of a US$900mil pipeline and separation plant, a Thai government official said.

Ramunia expects to list on second board in fourth-quarter

OIL and gas engineering and heavy-fabrication group Ramunia Holdings Bhd will make its debut on the Bursa Malaysia second board in the last quarter of 2004 via the re-structuring and re-listing of Saship Holdings Bhd (SHB).