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Business 04 Sep 2010 | 12:00 AM Premium

Jackson Hole ‘gunfight’ shoots blanks

Lin See-Yan feels the Fed badly needs to show itsrelentlessness in preventing a double-dip deflation.

Business 29 Sep 2010 | 12:00 AM Premium

Sour economic mood in the US

NEW YORK: Americans in both the living room and the boardroom are growing more fearful about the economy, creating a Catch-22 for the job market: Shoppers won't spend until they feel more secure, and business won't hire until people start spending.

Business 30 Sep 2010 | 12:00 AM Premium

M’sia continues global rubber glove market domination

KUALA LUMPUR: Malaysia continues to dominate the world rubber gloves market by capturing about 60.8% of total world exports last year and is clearly ahead of its closest competitors. It is followed by Thailand at 16.8%, China 6.7% and Indonesia 5.1%, a conference was told yesterday.

Business 04 Oct 2010 | 12:00 AM Premium

US September auto sales show stop-start recovery

DETROIT: US auto sales slipped 4% in September from August, showing how the market for new cars and trucks remains stuck in a slow-motion recovery nearly two full years after hitting bottom.

Business 28 Oct 2010 | 12:00 AM Premium

NZ central bank holds key interest rate Thursday

WELLINGTON, New Zealand: New Zealand's central bank held its key interest rate at 3 percent Thursday as a weak, slow recovery continues, and the bank signaled it's in no hurry to hike rates.

Business 30 Oct 2010 | 12:00 AM Premium

Blowing lethal bubbles again?

PRINT more money, inject them into the system and the problems will ease?

Business 08 Nov 2010 | 12:00 AM Premium

M'sian market set for a mini-bull run this week?

PETALING JAYA: The FBM KLCI, which has generally been on the upward trend, albeit slowly, is expected to test the 1,524.69 mark in the weeks ahead.

Business 19 Nov 2010 | 12:00 AM Premium

General Motors pulls off biggest IPO in US

NEW YORK: General Motors Co (GM) pulled off the biggest initial public offering (IPO) in US history on Wednesday, raising US$20.1bil after pricing shares at the top of the proposed range in response to huge investor demand.

Business 02 Feb 2011 | 12:00 AM Premium

US auto industry off to a solid start in January

DETROIT: Americans gave automakers a confidence boost in January. They bought more cars and trucks and showed a still-fragile auto industry that they were ready to replace their clunkers in 2011.

Business 06 Jun 2011 | 12:00 AM Premium

US stocks: More bad news may be in store in coming weeks

NEW YORK: More bad days may be in store for stocks in coming weeks, but investors aren't pressing the panic button. Not yet.