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Ah Long chiefs may have long tentacles

KUALA LUMPUR: Six suspected Ah Long kingpins now being investigated by Bukit Aman police may also be involved in myriad other dubious activities, said Federal Criminal Investigations Department director Commis- sioner Datuk Seri Mohd Bakri Zinin.


US stocks in highest one-day gain in six weeks

NEW YORK: Rising bank stocks propelled indexes to their biggest one-day gain in six weeks Monday after influential banking analyst Meredith Whitney raised her rating on Goldman Sachs Group Inc. The bank reports earnings on noshade size=-1 width=50%>


Killer campaign

The Killers backs MTV human trafficking campaign with a specially commissioned video.


Loan shark Datuk nabbed

KUALA LUMPUR: Six men, including one said to be a Datuk, are being investigated for Ah Long-related activities with overseas connections, said police.


US May trade deficit unexpectedly drops to US$26bil

WASHINGTON: The U.S. trade deficit fell to the lowest level in more than nine years in May as exports posted a small gain while the weak American economy pushed imports down for a 10th straight month.


Thumbs up for liberalisation

Najib has shown he is serious about transforming the economy


Is it a U, V or W recovery?

Recently, three letters - U, V, W - have been widely used to describe the state of various economies and their prospects going forward. It is not so much for what these letters stand for, but what their shapes resemble.


China says housing prices rose in June

BEIJING: Prices paid for homes in China rose in June for the first time in seven months, adding to signs the world's third-largest economy might be rebounding from its slump, according to data reported Friday.


IMF sees weak economic recovery

WASHINGTON:The global economy is set to slowly pull out from its worst recession in six decades, the IMF said, and world leaders aim to help the recovery with a breakthrough in stalled trade talks.


Surprise drop in Japan machine orders in May

TOKYO: Japan's core private sector machinery orders unexpectedly fell in May to a record low value, pointing to a bleak outlook for capital spending and backing expectations the central bank will extend measures to support corporate finance.