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Business 08 Jan 2003 | 12:00 AM

Japan officials step up verbal forex intervention

Japanese officials stepped up their intervention rhetoric yesterday to counter the yen#8217;s strength, with Finance Minister Masajuro Shiokawa describing recent foreign exchange movements as #8220;abnormal#8221; and saying the yen should return to December levels.

Letters 13 Jan 2003 | 12:00 AM

Dual citizenship to attract Indian diaspora

By Coomi Kapoor

AseanPlus News 15 Jan 2003 | 12:00 AM

Move to curb money laundering

CHINA has unveiled its first anti-money-laundering regulation in its war against the flow of #8220;dirty#8221; money, which threatens the prospect of its fast growing economy.

Business 29 Jan 2003 | 12:00 AM

TNB on track to fine performance

TENAGA Nasional Bhd (TNB) has posted a 1.3% increase in pre-tax profit to RM798.2mil for its first quarter ended Nov 30, 2002, from a year earlier, and is looking at ways to increase shareholders' funds and smoothen the foreign exchange impact on earnings.

Business 30 Jan 2003 | 12:00 AM

Asian currencies strengthen further against US dollar

ASIAN currencies further strengthened against the US dollar yesterday in late Asian trading as America#146;s President George W. Bush beat the war drums even harder in a hawkish State of the Union speech to the US Congress.

Business 27 Feb 2003 | 12:00 AM

NEAC: Foreign students to bring in RM3b forex earnings

THE international students sector in Malaysia is poised to contribute RM3bil in direct and indirect foreign exchange (forex) earnings in 2007, according to National Economic Action Council (NEAC) executive director Datuk Mustapa Mohamed.

Business 04 Mar 2003 | 12:00 AM

US dollar remains under pressure amid lingering war fears

THE US dollar remained under pressure yesterday amid lingering fears of war even though Iraq has agreed to destroy its missiles and Turkey has refused to be used as a base for a US-led attack on Iraq.

Business 14 Mar 2003 | 12:00 AM

Nanyang Online forecasts RM13m-RM15m revenue

NANYANG Online (NOL), which launches its new-look online financial magazine mFinancial eMag today, is expecting between RM13mil and RM15mil revenue in the financial year to June 30, 2004, according to NOL director and chief executive officer Cheong Chia Chieh.

Business 25 Mar 2003 | 12:00 AM

Forex gains boost Indofood net profit

PT Indofood Sukses Makmur, the world's largest instant noodle maker, said it booked a net profit in 2002 of 802.632 billion rupiah, against 746.329 billion in the year earlier, with foreign exchange gains offsetting weaker operating profit.

Business 27 Mar 2003 | 12:00 AM

Seize advantages to be successful

THE purpose of war and business is to seize advantages: I>War is based on deception to succeed. Move only if there is an advantage to be gained./I(Sun Tzu 7:15) How do many corporations identify advantages?