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THE Council of Islamic Financial Services Board (IFSB) yesterday admitted 13 new members, bringing the number to 49.
THE Sultan of Pahang Sultan Ahmad Shah wants the people of the state to continue backing the Government in the next general election, I>Utusan Malaysia/Ireported yesterday.
NO one in a country is spared when its currency tumbles, as everyone is affected one way or another.
The 15 members of the South East Asian Central Bank (Seacen) who participated in the 39th Seacen conference here concurred that the US twin deficits and global current account imbalances are major risks to the world economic recovery.
China will probably adopt a new currency policy this year which would allow the yuan to strengthen at least a little, but not in response to pressure from the Group of Seven (G7), according to a majority of analysts polled by Reuters.
Holdings of US debt by foreign central banks leaped again in the latest week to touch a record high, supporting reports of massive intervention by the Bank of Japan to limit the fall in the dollar.