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Markets hopeful the US Fed will launch QE3

LONDON: “Were saved!” cry Vladimir and Estragon in Samuel Becketts allegorical playiWaiting for Godot/i>, whenever they think Godot may be approaching.


Malaysian stocks expected to get a boost this week

KUALA LUMPUR: Faster-than-expected local and US economic growth and expectations of a mini quantitative easing stimulus from US Federal Reserve (Fed) are expected to give Bursa Malaysia a boost this week.


Malaysias shares likely to stabilise and stage rebound this week

KUUALA LUMPUR: SHARE prices on Bursa Malaysia are likely to stabilise and stage a rebound this week following strong global overnight rallies driven by the European Central Banks (ECB) endorsement of unlimited bond buying programme and strong US economic data, said Affin Investment Bank vice-president and head of retail research Dr Nazri Khan.


Court lets Germany ratify bailout fund with conditions

KARLSRUHE, Germany: Germany's Constitutional Court said on Wednesday the country can ratify the euro zone's new rescue fund and budget pact as long it can guarantee there will be no increase in German financial exposure to the bailout fund without parliament's approval.


Green light for rescue fund

KARLSRUHE: Germanys Constitu-tional Court gave a green light yesterday for the country to ratify the eurozones new bailout fund and budget pact, but insisted the German parliament have veto powers over any future increases in the size of the fund.


KK International Airport to be regional air travel hub

PUTRAJAYA: The Kota Kinabalu International Airport (KKIA) is set to be a hub for air travel in the region offering 38 routes connecting Asean and China.


Bitter struggle over Internet regulation and future to dominate global summit

SAN FRANCISCO: An unprecedented debate over how the global Internet is governed is set to dominate a meeting of officials in Dubai next week, with many countries pushing to give a United Nations body broad regulatory powers even as the United States and others contend such a move could mean the end of the open Internet.


Asian markets, KLCI fall on Cyprus worries

Key regional markets fell in the morning session on Monday as worries about the fallout from Cyprus while at Bursa Malaysia, investors were sidelined as the general elections looms.


MPs doubt Cameron's EU drive can succeed

LONDON: Prime Minister David Cameron will have difficulty persuading fellow European Union members to renegotiate Britain's relationship with the bloc before a vote on its EU membership, an influential parliamentary committee said on Tuesday.


EU tries to persuade France to back U.S. free trade talks

LUXEMBOURG: The European Union will try to overcome French resistance to free-trade talks with the United States on Friday and keep alive plans for a deal that could boost their struggling economies by dramatically increasing transatlantic business.