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Asia’s graduates face tough times

WITH Asia in the economic doldrums, graduates are finding their diplomas are no longer passports to a good job. Seven in 10 graduates in China were likely to find jobs, but that still left nearly 700,000 of them unemployed, according to a survey by I>The Straits Times/I>.


Australia losing currency cushion

Australia, until recently one of the fastest growing developed economies, faces tougher times ahead as its currency rampages higher and exports flounder.


Produce grads who can work, says Fong

Local universities should review their curriculum to produce graduates who are more marketable and do not require retraining by the Government, said Human Resources Minister Datuk Dr Fong Chan Onn.


Stocks, bonds slip, oil prices up

US stocks fell on Friday after dour earnings news, while bonds declined for the third straight day on lingering disappointment over the Federal Reserve#8217;s quarter-point interest-rate cut this week.


Dynamic global marketplace

Held for the fourth consecutive year, the World Education Market is fast becoming the premier international education event. S. INDRAMALAR reports on what went on at WEM 2003 in Lisbon, Portugal, last month.


ACNielsen sees better H2

ACNIELSEN Malaysia forecasts a better outlook in the economy in the second half of the year based on the trend seen in the results of its latest survey completed last week.


US rates cut to 1958 lows

The Federal Reserve has trimmed US interest rates a quarter percentage point to 45-year lows, citing recent hopeful economic signs as it offered a less potent growth tonic than markets had hoped for.

Other Sport

Henman steals the show

Hollywood actors provided the early action on Wimbledon#8217;s Centre Court Thursday, but it was Tim Henman who stole the limelight at the grand slam.

Other Sport

Heavyweight title on the line in LA, but who cares

Los Angeles will host its first world heavyweight title fight in 45 years tomorrow when Lennox Lewis meets Vitali Klitschko at the Staples Center.


Asia markets rise on US euphoria

THE continued rally on the US stock market, fuelled by the belief that the American economy has been stable since the end of the Iraq war, helped boost sentiment on stock markets in Asia.