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SINGAPORE: Oil prices fell to near US$93 a barrel Wednesday in Asia as investor pessimism about U.S. economic growth dragged down global markets.
AS Japan edges closer to rejoin the world of inflation, the Koizumi government has already started to bash the Bank of Japan with all kinds of warnings that the central bank may lose its independence, should it decide to abandon its zero interest rate policy too early.
JAKARTA: Indonesia had a nearly $15 billion revenue shortfall last year as slowing economic growth hit government finances and widened the budget deficit, officials said on Tuesday, with analysts warning of more difficulties this year.
PETALING JAYA: Although volume growth is expected to remain subdued in view of the relatively weaker economic outlook, Gas Malaysia Bhd’s earnings forecasts for financial years of 2016 until 2018 (FY16-18) have been raised by 4-5%, primarily due to more streamlined operations.
BEIJING: China's economy expanded slightly faster than expected in the second quarter but private investment growth shrank to a record low, suggesting future weakness which could pressure the government to roll out more support measures.