Australia Raises Interest Rates as Economy Rebounds The New York Times | HONG KONG - Australia raised interest rates on Tuesday for the fourth time since October, in a widely anticipated move that showed that the central bank remains confident in the country's rebound despite still-difficult international credit conditions and lingering concerns about the debt levels o...
Hyderabad airport adjudged amongst top five in world Samachaar London: The Hyderabad international airport has been named amongst the world's top five in the annual Airport Service Quality (ASQ) passenger survey along with the ones at Seoul, Singapore, Hong Kong and Beijing. | The survey, conducted by Airports Council International (ACI), an autonomous body rep...
Resources, Arrow Energy Up Wall Street Journal By SHRI NAVARATNAM And WEI-ZHE TAN | SINGAPORE -- Asian share markets were mostly higher Monday with resource-related stocks in the region gaining on higher commodity prices and Australia's Arrow Energy surging on corporate action. | "Positive noises...
Floating Felda The Star | nem@thestar.com.my | Contrary to expectations, the listing of the giant group may not happen soon. | THE listing exercise of the world's largest plantation conglomerate, Felda group, may still be up in the air but the on-going reorganisation within...
The foundations of entrepreneurship The Star | Boulevard of Broken Dreams: Why public efforts to boost entrepreneurship and venture capital have failed - and what to do about it | Author: Josh Lerner | Publisher: Princeton University Press | INNOVATION, creativity and entrepreneurship are fast ...
EPF declares 5.65% payout after a sound performance The Star | KUALA LUMPUR: The Employees Provident Fund (EPF) has declared a divide nd of 5.65% for the financial year ended Dec 31, 2009, an increase of 1.15 percentage points over the 4.50% paid out for 2008. | The dividend rate was declared on the back of th...
Oil drops, settles below $78 a barrel Philadelphia Daily News | CHRIS KAHN | The Associated Press | NEW YORK - Oil prices tumbled Wednesday, weighed down by a drop on Wall Street, a stronger dollar and signs that China's energy needs might no...
Australia Raises Interest Rates as Economy Rebounds The New York Times | HONG KONG - Australia raised interest rates on Tuesday for the fourth time since October, in a widely anticipated move that showed that the central bank remains confident in the country's rebound despite still-difficult international credit conditi...
HLB enters central, western China market The Star | KUALA LUMPUR: Hong Leong Bank Bhd (HLB) and the Bank of Chengdu Co Ltd (BOCD) have obtained operation approval from China Banking Regulatory Commission (CBRC) to begin consumer finance operations. | Sichuan Jincheng Consumer Finance Ltd Co, the joi...
Basel 3 poser for banks The Star | Implementation by end-2012 may see some banks cutting dividend payouts and raising fresh capital | daljit@thestar.com.my | PETALING JAYA: The Basel 3 proposals, which will be fully implemented by the end of 2012, may affect the capital level of som...
Commodities Boost Asian Stocks Wall Street Journal By SHRI NAVARATNAM | SINGAPORE -- Asian shares were mostly higher Wednesday on easing concerns over debt-strapped Greece, with commodities plays supporting markets in Australia and Japan. | "Market sentiment continues to improve, helped by firmer data and expectations that Greece's woes are on the path to being resolved," said Credit Agricole Corpo...
AirAsia to set up new low-cost airline with Vietjet Air The Star | bksidhu@thestar.com.my | PETALING JAYA: After establishing bases in Malaysia, Thailand, and Indonesia, AirAsia has set its sights on Vietnam where it will establish a new low-cost airline with new partner, Vietjet Aviation Joint Stock Co (Vietjet Air). | AirAsia yesterday said in a statement it had bought from Madam Nguyen Thi Phuong Thao a 30% e...
