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Business 18 Apr 2007 | 12:00 AM

KLCI hits new high of 1,334.44

The Kuala Lumpur Composite Index (KLCI) climbed to a new high of 1,334.44 points early yesterday before falling mid-day but staged a late recovery to close at 1,330.26, up more than seven points.

Business 11 Apr 2007 | 12:00 AM

Asian currencies up

Hold on to your Asian currencies, including the ringgit, which are expected to appreciate further against the US dollar amid the positive outlook on the regional economy, said currency strategists.

Business 31 Mar 2007 | 12:00 AM

Unlocking monetary handcuff

Over the long term, Standard Poor's (SP) believes that thebest solutions for Asean countries include opening up their nontradablesectors to greater competition, deregulatory markets andintroducing policies that foster a transparent capital market.

Business 27 Mar 2007 | 12:00 AM

Market volatility has not changed EUs rosy outlook for economy

BRUSSELS (AP) - Recent turbulence on international financial markets and the strength of the euro in recent months has not changed the EU executive's forecast for strong growth this year, EU Economic and Monetary Affairs Commissioner Joaquin Almunia said.

Business 26 Mar 2007 | 12:00 AM

600 drawn to INCEIF within a year

LAST week marked INCEIF's (International Centre for Education in Islamic Finance) first year in existence and in one year, the institution has attracted over 600 applicants from 37 countries for its flagship programme.

Business 24 Mar 2007 | 12:00 AM

Global liquidity can boost activity in equity markets

'Extreme' global liquidity, partly due to healthy current account surpluses in Asia, could be the catalyst to more activity in the equity markets, said Bank Negara deputy governor Datuk Ooi Sang Kuang.

Business 18 Mar 2007 | 12:00 AM

Slovakia revalues its currency against the euro

BRUSSELS, Belgium (AP): Slovakia has revalued its currency against the euro upwards by 8.5 percent, the European Commission said Friday, saying this would help the government keep its economy stable as it aims to join the euro in 2009.

Business 10 Mar 2007 | 12:00 AM

Analysts generally bearish on yen, expect erratic movement

Analysts are generally bearish on the yen while an economist expects its movement to remain erratic.

Business 10 Mar 2007 | 12:00 AM

Towards stable equity markets

In this second weekly article on the global meltdown, the writer explains the relationships between equities markets and forex, and trade deficit problems.

Business 03 Mar 2007 | 12:00 AM

Explaining the market drop

The sharp fall in the equity market this week has caused anxiety to many investors.The events that triggered the downturn globally are explained in this article so thatinvestors can have a more informed view of the situation.