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'Right time to use euro'
The European Commission (EC) has welcomed Prime Minister Datuk Seri Dr Mahathir Mohamad#8217;s suggestion for the private sector to use the euro in export trade.
Euro-zone interest rates 'appropriate', KL meet told
Current euro-zone interest rates are right for the region's economic development, a European Commission official said Thursday at a European Union-Southeast Asia economic conference in Kuala Lumpur.
Schroeder vows to stay as Germany enters limbo
BERLIN (Reuters) - German Chancellor Gerhard Schroeder vowed not to give up his post without a fight after his party was pipped by Angela Merkel's conservatives in a tight election, setting the stage for weeks of political turmoil.
German economy first and biggest test for Merkel
BERLIN (Reuters) - Angela Merkel will become Germany's first woman chancellor on Tuesday with the broadest parliamentary mandate in decades to pursue overdue economic reforms, but already under widespread attack for her plans.
Greenspan farewell, trade and economy dominate G7
LONDON (Reuters) - Finance ministers from the world's richest nations headed for London on Friday to discuss free trade and the world economy as well as say farewell to Alan Greenspan, who soon bows out after 18 years as U.S. central bank chief.
Higher bank lending rates to slow down investments
CHINA, which raised benchmark bank lending rates for the first time in 18 months on Thursday, has prompted sky-high world oil and commodity prices and some major stock markets to make a U-turn.
Italy's ex-communist president to be sworn in
ROME (Reuters) - Italian President-elect Giorgio Napolitano will be sworn in before parliament as the country's first ex-communist head of state on Monday, starting a busy week in politics which will also bring a new prime minister.
Italy's Prodi forms new government, pledges unity
ROME (Reuters) - Romano Prodi was finally sworn in as Italy's new prime minister on Wednesday and vowed to soothe political tensions in a country split in two by the closest election in its post-war history.
EU leaders strike final deal on reform treaty
LISBON (Reuters) - European Union leaders clinched final agreement on Friday on a treaty to reform the 27-nation bloc's institutions, replacing a defunct constitution and ending a two-year crisis of confidence in Europe's future.
Sarkozy to urge "fair" forex on China visit
PARIS (Reuters) - French President Nicolas Sarkozy will use a visit to China this weekend to call for an
