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Business 31 Mar 2005 | 12:00 AM

Malaysian reserves well diversified

MALAYSIA'S international reserves are well-balanced and not excessive in US dollar holding, said Bank Negara Deputy Governor Datuk Ooi Sang Kuang.

Business 30 Mar 2005 | 12:00 AM

Mahathir: US dollar collapsing

THE US dollar is facing an imminent collapse, Tun Dr Mahathir Mohamad warned Tuesday.

Business 27 Mar 2005 | 12:00 AM

Professor warns of next economic storm

Watch out! The next economic storm could be coming as the US dollar dips in value in the international market.

Business 24 Mar 2005 | 12:00 AM

Malaysian economy gets IMF nod

THE International Monetary Fund (IMF) gave a favourable assessment of the Malaysian economy, stressing that its recovery was firmly established with comfortable external positions.

Business 23 Mar 2005 | 12:00 AM

Shift in China’s economic strategy

China signalled a shift in economic strategy yesterday, saying it planned to rely more heavily on interest rates as a policy tool after a protracted period of investment curbs to rein in growth.

Business 17 Mar 2005 | 12:00 AM

Tokyo stocks finish lower Thursday

Tokyo stocks finished lower following Wall Street's weakness overnight, compounded by rising global oil prices. The U.S. dollar was slightly lower against the Japanese yen and the euro.

Business 11 Mar 2005 | 12:00 AM

Tokyo stocks finish higher Friday

Tokyo stocks finished higher Friday on gains by technology blue chips and banking issues

Business 11 Mar 2005 | 12:00 AM

Growth of global economy likely to moderate

BOTH official and private estimates suggest that global economic performance is likely to moderate this year due to higher sustained oil prices and increasingly tighter monetary conditions.

Business 25 Feb 2005 | 12:00 AM

Bond buying by Asian central banks can boost equities

Stock market strength will be underpinned indirectly this year if Asian central banks with surging foreign reserves maintain their voracious appetite for government bonds, analysts say.

Business 12 Feb 2005 | 12:00 AM

China seen unlikely to drop peg soon

US Federal Reserve officials are not optimistic that China will drop its currency peg against the dollar anytime soon because that decision is in the hands of a State Council focused primarily on political stability rather than financial issues.