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Business 14 Nov 2013 | 9:46 AM

Bernanke: Important to prevent inflation from falling too low

WASHINGTON: Federal Reserve Chairman Ben Bernanke said on Wednesday that the U.S. central bank would remain alert to preventing inflation from declining too far from its goal of 2 percent.

Economy 14 Nov 2013 | 11:11 AM

India's central banker urges ‘deep breath’ after market tumble

India's central bank governor, Raghuram Rajan, said on Wednesday he was comfortable with core inflation and highlighted the narrowing current account deficit in reassuring investors worried the country would be hit hard in a global market sell-off.

Economy 14 Nov 2013 | 12:03 PM

Dollar rebound after US sell-off fuelled by Yellen remarks

The dollar rebounded in Asia Thursday after suffering a sell-off in New York on remarks from the woman tipped to become the next Federal Reserve chief that indicated the bank will keep its stimulus drive in place.

Business 14 Nov 2013 | 12:48 PM

Boost from Genting, UMW, drive KLCI higher

KUALA LUMPUR: Gains in Genting and UMW helped push the FBM KLCI higher at midday on Thursday, as investors sentiments recovered in line with the firmer Asian markets.

Economy 14 Nov 2013 | 2:41 PM

Yellen to defend ultra-easy monetary policy

Janet Yellen, President Barack Obama's nominee to lead the US Federal Reserve, will offer a stout defence on Thursday of the central bank's aggressive monetary easing before a Senate panel that includes some tough Republican critics.

Business 14 Nov 2013 | 5:10 PM

KLCI ends Thursday firmer despite late selling

KUALA LUMPUR: The FBM KLCI snapped out from its recent losses and ended Thursday on a firmer note despite narrowing its gains on late selling.

Nation 14 Nov 2013 | 7:55 PM

Increase in Johor water tariffs up to Federal Government, not state

NUSAJAYA: The decision to increase water tariffs in Johor next year can only be made by the Federal Government and not the state.

Community 15 Nov 2013 | 12:00 AM

Abandoned flats in Jalan Kuching now a haunt for drug addicts

RESIDENTS at Jalan Kuching PKNS flats fear for their safety as vandalism and criminal activities run rampant in the hundreds of abandoned units.

Lifestyle 15 Nov 2013 | 12:00 AM

Pro-breastfeeding? More like patronising

This writer thinks giving shopping vouchers to low-income mothers to breastfeed is patronising and naive.

Business 15 Nov 2013 | 6:47 AM

Chance of first woman US Fed head gets boost

WASHINGTON: Janet Yellen's hopes of becoming the first woman to lead the Federal Reserve got a boost on Thursday when she sailed through her Senate confirmation hearing with only mild questioning from some of the Fed's fiercest Republican critics.