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Business 23 Dec 2006 | 12:00 AM

Bank Negara reserves reach US$80.3bil

Bank Negara international reserves stood at US$80.3bil, or RM295.9bil, as at Dec 15, 2006 against US$80bil (RM294.9bil) a fortnight ago.

Business 19 Dec 2006 | 12:00 AM

US$ woes far from over as Asia perks up

Today, international bodies assert that if a country's trade deficit exceeds 4.5% of its GDP, it's a sign of real and present economic danger. And yet the US economy continues to defy both history and economics.

Business 13 Nov 2006 | 12:00 AM

Quick takes

Letters 18 Sep 2006 | 12:00 AM

Making IMF relevant again

THIS week the International Monetary Fund and the World Bank meet in Singapore to discuss possible reforms to their voting structure. It is an attempt of these institutions to remain relevant, as developing countries have lost confidence in their policies and are turning to other sources of financing.

Business 01 Aug 2006 | 12:00 AM

Gold, forex and other reserves total US$78bil

The central bank said its gold, foreign exchange and other reserves totalled US$78.77bil at the end of June.

Business 13 May 2006 | 12:00 AM

China posts another big surplus in April

China reported another big monthly trade surplus yesterday, adding weight to US calls for a stronger yuan to help reduce imbalances in the global economy.

World 31 Jan 2006 | 12:00 AM

Putin faces press on economy, democracy

MOSCOW (Reuters) - President Vladimir Putin is expected to put a positive spin on Russia's record last year at a news conference on Tuesday, but could also face questions about his long-term strategy and commitment to democracy.

Business 16 Jan 2006 | 12:00 AM

China's foreign currency reserves rise to US$818.9b

BEIJING: China's foreign currency reserves have risen to US$818.9 billion (euro680 billion), up 34 percent from the same period one year ago, state media reported Monday.

Business 08 Sep 2005 | 12:00 AM

Asian nations expected to post slightly higher-than-anticipated growth

Developing economies in Asia are expected to grow by an average of 6.6 percent this year, above an earlier forecast of 6.5 percent, spurred by faster-than-expected expansion in China and a strong showing by India and the rest of South Asia, the Asian Development Bank said Thursday.

Letters 10 Apr 2005 | 12:00 AM

Japan’s stalled maturity

JAKARTA: Amid all the controversy over the Japanese Government's decision on Tuesday to approve the revised I>New History Textbook/I>, intended for use in the country's junior high schools, it is certainly worthwhile to read again the speech of German Chancellor Gerard Schroeder during a ceremony to mark the 60th anniversary of the liberation of Auschwitz in January.