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Business 01 Aug 2012 | 12:00 AM

Shares fall as stimulus hopes fade, eyes on China PMI

TOKYO: Asian shares fell on Wednesday after four days of gains, as expectations of stimulus action this week by the U.S. Federal Reserve and the European Central Bank fade, and following signs of deepening Asian economic stress.

Palm Talks 01 Aug 2012 | 12:00 AM

The true picture

An article in the journal 'Science' provides a sobering reassessment of deforestation and emissions.

Business 31 Jul 2012 | 12:00 AM

India keeps rates steady, inflation worry

MUMBAI: India's central bank left interest rates unchanged for the second time since June, in line with expectations, while cutting its growth forecast and lifting its inflation outlook as economic conditions deteriorate.

Business 31 Jul 2012 | 12:00 AM

Shares pause, guarded stimulus hopes from ECB, Fed

TOKYO: Asian shares paused on Tuesday as investors grew cautious ahead of monetary policy meetings by the European Central Bank and the U.S. Federal Reserve, with scepticism countering expectations for more stimulus steps to support fragile global economies.

Business 31 Jul 2012 | 12:00 AM

Banking driven to ‘neutral’

THERE is still a lack of informationfor assessing the impact of lower carduties on car prices and sales volume.

Business 30 Jul 2012 | 12:00 AM

KL-S'pore high-speed rail project expected to commence soon

High-Speed Rail (HSR) project linking Kuala Lumpur to Singapore is expected to commence soon

Business 30 Jul 2012 | 12:00 AM

Wall Street waiting for ECB and US Fed action this week

NEW YORK: INVESTORS face US and European central bank meetings this week hoping to see fresh action to spur economies damaged by the eurozone sovereign debt crisis.

Business 30 Jul 2012 | 12:00 AM

Shares extend gains on stimulus hopes

TOKYO: Asian shares extended their gains on Monday, supported by expectations the Federal Reserve and the European Central Bank will deliver new measures to underpin their fragile economies.

World 30 Jul 2012 | 12:00 AM

Euro zone crisis heads for September crunch

BRUSSELS (Reuters) - Over the past couple of years, Europe has muddled through a long series of crunch moments in its debt crisis, but this September is shaping up as a

World 30 Jul 2012 | 12:00 AM

World Bank says rising food prices a concern, ready to help

WASHINGTON (Reuters) - The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world's poorest people at risk and could have lingering detrimental impacts for years.