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Business 16 Nov 2004 | 12:00 AM

Rising euro, slowing growth, worry Europeans

European Union officials Monday urged the United States to curb its deficits to help bolster the sagging US dollar amid fears a strengthening euro would stifle Europe's fledgling economic recovery.

Business 14 Nov 2004 | 12:00 AM

Slowdown seen in euro-zone growth

Growth in the euro-zone economy slowed sharply in the third quarter, led by weaker-than-expected results in France and Germany, and is expected to remain sluggish in the next six months.

Business 15 Sep 2004 | 12:00 AM

Look beyond single currency to remain competitive, Asia advised

ASIAN countries may want to look at alternatives other than a single currency for the region to remain competitive, said former European Central Bank president Dr Willem F. Duisenberg.

Business 07 Sep 2004 | 12:00 AM

Gold prices may rise

Gold may rise for the first week in three on concern high oil prices will slow the US economy and boost the appeal of precious metals as an alternative investment to stocks, a I>Bloomberg/Isurvey showed.

Business 14 Jul 2004 | 12:00 AM

Expanded EU may divert investments

THE addition of 10 countries to the European Union (EU) in May could divert some European investments away from Malaysia, Dutch ambassador John von Muhlen said.

Business 10 Jun 2004 | 12:00 AM

Greenspan: Fed will act as needed to stem inflation

The US Federal Reserve will do 'what is required' to keep inflation in check if the forecast behind its view that interest rates can rise gradually proves wrong, said chairman Alan Greenspan.

Business 08 May 2004 | 12:00 AM

Zeti: Rates won’t change even if US raises its

MALAYSIA'S interest rates won't change even if the United States raises its rates, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

Business 22 Apr 2004 | 12:00 AM

Berlin names senior academic to head Bundesbank

The German government plans to name one of its top economic advisers, Axel Weber, to head the Bundesbank after predecessor Ernst Welteke resigned in an ethics scandal last week, the finance ministry said on Tuesday.

Business 20 Apr 2004 | 12:00 AM

IMF warns US to gird world for higher rates

The International Monetary Fund will warn the US Federal Reserve this week that it needs to prepare the world economy for higher interest rates, the I>Financial Times/Ireported yesterday, after obtaining a draft chapter of a key IMF report.

Business 14 Apr 2004 | 12:00 AM

German inflation rises slightly in March

Germany's annual inflation rate rose slightly to 1.1 percent in March, boosted by a rise in tobacco tax, the government said Wednesday.