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Business

Malaysian capital market seeing some signs of life

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.

Business

Japan Airlines likely to get government loan

TOKYO: The Japanese government is preparing a loan to loss-making Japan Airlines Corp, caught by severe airline turbulence in the global economic crisis.

Business

Ford, Nissan, Tesla to get govt loans from US$25b fund

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.

Business

US Fed unlikely, for now, to prescribe new medicine

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.

Business

Analysts: China-driven commodities rally nearing end

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.

Business

US Fed to keep pumping money to battle recession

WASHINGTON: A jittery bond market and economic 'green shoots' notwithstanding, the Federal Reserve is likely to reaffirm a commitment to keep pumping money into the economy to battle recession, analysts say.

Nation

Telcos may be roped in to terminate phone lines of illegal advertisers

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.

Business

US Fed unlikely to launch new efforts to aid economy

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.

Business

Europe's central banker says no more stimulus

PARIS: Europe's central bank chief on Sunday cautioned against any new government stimulus plans and predicted the global economy will pick up in 2010.

Business

Fixed deposits still popular amid weak market sentiments

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'.