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Oil prices likely to stay high
Oil prices that have hovered around record highs for weeks are likely to continue to be high for another two years because of rising demand and supply constraints, the head of the International Monetary Fund said on Saturday.
Thaksin – from policeman to powerful leader
Policeman, entrepreneur, tycoon and finally Thai premier: Thaksin Shinawatra's get-tough 'CEO style' has made him the most powerful elected leader in Thailand, but also drawn a legion of critics.
Tsunami survivors face uncertain future two weeks after disaster
Two weeks after the tsunami struck countries around the Indian Ocean, thousands of survivors are now slowly returning to their homes without knowing what the future holds for them and whether their friends and relatives are alive.
Yuan-dollar peg to be loosened Gradual approach suggested
CHINA'S central bank said it would take a 'gradual and safe' approach to loosening the yuan-dollar peg, following International Monetary Fund (IMF) calls to let the currency float in a wider margin.
Cracks over Cabinet posts
Two conservative Muslim parties that backed Indonesian president-elect Susilo Bambang Yudhoyono's campaign have criticised his shortlist for Cabinet posts, underlining cracks in their fragile partnership.
Malaysia not dependent on foreign loans
MALAYSIA is free to draw up her own macro-economic policies because the country is not dependent on international financial institutions, said Finance Ministry parliamentary secretary Datuk Dr Hilmi Yahaya.
‘PM and Nor Mohamed voted ‘Best Finance Ministers in Asia’
The Emerging Markets magazine has voted Prime Minister and Finance Minister Datuk Seri Abdullah Ahmad Badawi and Finance Minister II Tan Sri Nor Mohamed Yakcop the 'Best Finance Ministers in Asia' for this year.
Terengganu BN to use amicable approach, says MB
THE Barisan Nasional-led government in Terengganu has given an assurance that it would not 'take revenge' but instead it would use the amicable approach in its administration, I>Berita Harian /I>reported.
Sino-US ties still quite fluid
Colin Powell, the American Secretary of State, stated recently that America's relations with China have been the best in recent years. If this is true this augurs well for Chinese premier Wen Jiabao's trip, set to begin Sunday, to the United States.
Zeti: Nation will always be indebted to Dr M
Malaysia will never be able to repay Datuk Seri Dr Mahathir Mohamad for steering the country out of the 1997/98 financial crisis, Bank Negara governor Tan Sri Dr Zeti Akthar Aziz said.