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Business 25 May 2007 | 12:00 AM

More carry-trade unwind possible

Further unwinding of so-called carry-trades could be triggered if investors re-evaluate risk, and euro zone and Japanese interest rates climb, the Organisation for Economic Cooperation and Development indicated yesterday.

Business 11 Jun 2007 | 12:00 AM

Making statistics credible, accessible

Commenting on perceptions of official inflation statistics, Enrico Giovannini, chief statistician for the Organisation for Economic Cooperation and Development (OECD), is reported in a recent issue of I>Time/Ias saying that 'an economy cannot function if half the people think that inflation is at 100% and the other half think that it's at 2%.'

Business 11 Jun 2007 | 12:00 AM

Belgium wants to make more inroads into Malaysia

Belgium may not figure prominently in Malaysia, but that has not stopped the small but thriving European nation from wanting to make further inroads here.

Business 09 Jul 2007 | 12:00 AM

Asia driving force for global economy

The centre of economic gravity has moved towards Asia, with the region being seen as a force driving global economic growth into the next decade.

Business 27 Aug 2007 | 12:00 AM

Another financial bubble?

AN abundance of liquidity is threatening to burst the huge liquidity bubble that is forming globally, confirming the worst fears of many in the investment fraternity.

World 11 Sep 2007 | 12:00 AM

Biofuels offer cure worse than the disease – OECD

PARIS (Reuters) - Biofuels, championed for reducing energy reliance, boosting farm revenues and helping fight climate change, may in fact hurt the environment and push up food prices, a study suggested on Tuesday.

World 20 Nov 2007 | 12:00 AM

French take to streets but no revolution in sight

PARIS (Reuters) - Since the French Revolution, taking to the streets has been an essential aspect of French democracy and one that shows no sign of abating under President Nicolas Sarkozy.

Business 23 Nov 2007 | 12:00 AM

US subprime losses may reach US$300bil

Losses from US subprime mortgage foreclosures, coupled with slowing economic growth and falling house prices, could reach as much as US$300bil, the Organisation for Economic Cooperation and Development (OECD) said.

Business 26 Nov 2007 | 12:00 AM

Worst is not over for the US

Many analysts expect a hard landing for the US economy as the subprime mortgage woes continue.

Business 01 Dec 2007 | 12:00 AM

Report: Banks, US government near deal to freeze subprime rates

The Bush Administration is close to agreeing on a pact with major financial institutions that would temporarily freeze interest rates on certain subprime loans, the I>Wall Street Journal/Ireported yesterday.