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PETALING JAYA: The capital market is seeing some signs of life although new money is yet to enter in a big way. 'Corporates are coming back to the bond market more for refinancing and not so much for new financing,' said Lee Kok Kwan, deputy CEO and group treasurer of CIMB group.
WASHINGTON: The Energy Department is lending money to the Ford Motor Co. and two other automakers from a US$25 billion fund to develop fuel-efficient vehicles, congressional officials said Monday.
WASHINGTON: The Federal Reserve is looking for balance this week with a message that it stands ready to take further steps to boost the economy but not so much that it spurs worries of inflation.
SHANGHAI: China has been driving up commodities prices by stockpiling to prepare for global recovery, but with inventories overflowing and no end to the crisis in sight, analysts say the rally may soon end.
SEREMBAN: The Malaysian Communications and Multimedia Commission (SKMM) may be asked to compel telcos to terminate the mobile phone lines of Ah Long who advertise.
WASHINGTON: With the recession easing, Federal Reserve policymakers are unlikely to launch any major new efforts to revive the economy when they meet this week.
PETALING JAYA: With a liquidity-driven equities rally in full swing, both locally and globally, the point of where people are putting their excess cash may seem moot. Many investors are, however, still cautious about stockmarket investing until those famous 'green shoots' of economic recovery become 'full blooms'.