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World

Zelaya vows return to Honduras despite arrest threat

TEGUCIGALPA (Reuters) - Ousted President Manuel Zelaya vowed on Tuesday to return to Honduras flanked by foreign leaders to serve the rest of his term, defying a warning from a hostile interim leadership that he will be immediately arrested.

World

Zelaya, defying coup, plans return to Honduras

TEGUCIGALPA (Reuters) - Defying a coup and bolstered by international support, ousted President Manuel Zelaya said he will return to Honduras on Thursday to serve out the rest of his term.

Nation

Johor cops hot on trail of ‘father of all Ah Long’

JOHOR BARU: Police are tracking down the 'father of all Ah Long' in the state after nabbing five members of a loan-shark syndicate operating in Muar.

World

U.S. migrant money pools thrive in the recession

TEMPE, Ariz. (Reuters) - A year ago, waitress Erica Rendon was invited by a Mexican colleague at the steakhouse where she works to put $50 a week into a fund with nine co-workers.

Business

Bank Simpanan Nasional profit on target

PETALING JAYA: National savings bank Bank Simpanan Nasional (BSN) is on target to achieve a net profit of RM188mil this year compared with RM168mil last year.

Business

EON Cap plans RM1bil fund-raising exercise

KUALA LUMPUR: EON Capital Bhd has submitted an application to raise RM1bil in Tier 1 capital, barely a week after Bank Negara rejected the group's plan to sell new warrants to shareholder Primus Pacific Partners LLC for RM29.5mil.

Business

US stocks up, led by homebuilders, retailers

NEW YORK: Investors rushed back into stocks as profits at a handful of companies indicated the economy might be gaining strength.hr noshade size=-1 width=50%>

Nation

Debtor’s family feels the heat

A money-lending company in Seberang Jaya has allegedly disconnected electricity supply to a family's home in Lunas, Kedah, because they could not settle their loan on time.

Business

Oil prices drop with supplies surging

NEW YORK: Energy prices fell Wednesday after the U.S. government reported that gasoline in storage grew for the third-straight week, another signal that consumer demand for energy is waning.

Business

US Fed holds key lending rate at record low, says recession easing

WASHINGTON: The Federal Reserve signaled Wednesday that the weak economy likely will keep prices in check despite growing concerns that the trillions it's pumping into the financial system will ignite inflation.