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Business 13 Jul 2006 | 12:00 AM

Bank of Japan to start pivotal meeting

TOKYO (AP) - Japan's central bank was scheduled to start a pivotal two-day policy meeting Thursday, amid widespread expectations it will raise interest rates for the first time in six years.

Business 16 Jun 2006 | 12:00 AM

Growth prospects good despite risks

The prospects of the Malaysian economy are still favourable but rising energy prices, persistent global imbalances as well as fears of an avian flu pandemic will remain as risks to expansion, said CIMB Securities.

Business 08 Jun 2006 | 12:00 AM

Gold falls for third day in Asia on rate rise worries

Gold prices in Asia fell for a third day on speculation the US Federal Reserve, the Bank of Japan and the European Central Bank (ECB) may raise interest rates, eroding the metal's appeal as an alternative investment.

Business 24 May 2006 | 12:00 AM

KLCI recovers slightly on blue-chip support

Buying support for select heavyweight stocks helped the Kuala Lumpur Composite Index (KLCI) recover slightly Tuesday after falling for eight consecutive trading days.

Business 23 May 2006 | 12:00 AM

Commodity sell-off prompts consensus for bulls and bears

Mayur Ajmani bought copper last month only to see US$11,000 of his investment vanish in an hour when the metal had its biggest decline May 15 since 2004.

World 18 May 2006 | 12:00 AM

Italy's Prodi forms new government, pledges unity

ROME (Reuters) - Romano Prodi was finally sworn in as Italy's new prime minister on Wednesday and vowed to soothe political tensions in a country split in two by the closest election in its post-war history.

World 15 May 2006 | 12:00 AM

Italy's ex-communist president to be sworn in

ROME (Reuters) - Italian President-elect Giorgio Napolitano will be sworn in before parliament as the country's first ex-communist head of state on Monday, starting a busy week in politics which will also bring a new prime minister.

AseanPlus News 29 Apr 2006 | 12:00 AM

Higher bank lending rates to slow down investments

CHINA, which raised benchmark bank lending rates for the first time in 18 months on Thursday, has prompted sky-high world oil and commodity prices and some major stock markets to make a U-turn.

Business 08 Apr 2006 | 12:00 AM

Euro rises on possible interest rates hike

Expectations that the European Central Bank (ECB) would raise interest rates in the coming months pushed the euro to a record against the yen and a seven-month high versus the dollar during intra-day trading on Thursday.

Business 07 Apr 2006 | 12:00 AM

AMP Capital seeks REIT alliance

Australian fund management group AMP Capital Investors Ltd (AMPCI) is exploring real estate investment trust (REIT) partnership opportunities in Malaysia.