• Economy  |  NOVEMBER 22, 2014 9:14 AM

    Greece battles lenders over projected budget gap

    Story by
    www.reuters.com

    Greece’s government on Friday pushed ahead with plans for a near-balanced budget next year, ignoring objections from its international lenders who say Athens is set to miss its deficit forecast. The government and the European Union and International Monetary Fund have been at loggerheads …

     
  • Corporate & Economy  |  NOVEMBER 21, 2014 9:43 PM

    Managed float system helps consumers enjoy cheaper fuel

    Story by
    www.bernama.com

    The government's move to scrap petrol and diesel subsidies and decide on a managed float in determining retail fuel prices based on global crude oil prices will provide the flexibility for consumers to enjoy cheaper fuel given the current oil price slump.

     
  • Corporate & Economy  |  NOVEMBER 21, 2014 8:31 PM

    BNM’s international reserves at RM414 bil

    Story by
    www.bernama.com

    The international reserves of Bank Negara Malaysia (BNM) amounted to RM414.5 billion (US$126.6 billion) as at Nov 14, 2014.

     
  • Economy & World Biz  |  NOVEMBER 21, 2014 5:51 PM

    ECB ready to raise inflation rates, says Draghi

    Story by
    www.reuters.com

    The European Central Bank (ECB) is ready to act in a timely manner if low inflation persists, ECB president Mario Draghi said on Friday.

     
  • Commodities & Economy  |  NOVEMBER 21, 2014 4:51 PM

    Rubber tumbles on lack of details from producer meeting

    Story by
    www.bloomberg.com

    Rubber futures in Tokyo had the biggest weekly drop in seven weeks as a producer meeting ended without yielding details on how much and when they would cut exports to shore up prices.

     
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