We extend your Money Senses
The Star
Monday December 17, 2007
By Hanim Adnan
The inflation rate in Malaysia is expected to hit 2.8% to 3.5% next year despite the Government’s projection that it would remain unchanged at 2% to 2.5%.
Economists contacted by StarBiz concurred that the pressure in Malaysia was triggered by cost-push inflation, given the high prices of crude […]
By KATRIN BENNHOLD and STEPHEN CASTLE
Published: December 5, 2007
PARIS, Dec. 4 — European policy makers hardened their tone this week on the decline of the dollar, as economists trimmed their growth forecasts for the 13-nation euro area and major manufacturers like Airbus threatened to move factories overseas.
On Tuesday, a senior French official said there was […]
Facebook Founder Finds He Wants Some Privacy
Mark Zuckerberg, founder of Facebook, sued to get a magazine to remove unflattering documents about him from its Web site.
By RICHARD PÉREZ-PEÑA
Published: December 3, 2007
Social networking Web sites can seem dedicated to the idea that nobody’s personal life is worth keeping private, but when it comes to Mark Zuckerberg […]
By Nigel Morris, Home Affairs Correspondent
Published: 30 November 2007
Boys as young as 12 are taking muscle-building anabolic steroids in an attempt to make themselves more attractive to girls, drugs advisers are warning.
But many teenagers who regularly abuse the drugs – traditionally associated with athletes, bodybuilders and security guards – have no idea that they […]
Internet tycoon’s IAC investment in China search services challenges Baidu.com and Google.
BEIJING (AP) — Media mogul Barry Diller said Friday his Internet conglomerate, IAC/InterActiveCorp, will invest $100 million to expand in China by creating services designed for local users.
IAC also will launch its Ask.com search engine in China within two years, Diller told reporters in […]
BEIJING, China (AP) — European companies believe China is trying to avoid fully carrying out its free-trade pledges, according to a survey released Thursday ahead of a visit by European Union leaders for talks on trade, currency and other disputes.
The report by the European Chamber of Commerce in China adds to mounting complaints that Beijing […]
Some OPEC mavericks want to switch to the euro as oil’s pricing basis. But analysts say there are several factors keeping the greenback in the game.
By Steve Hargreaves, CNNMoney.com staff writer
NEW YORK (CNNMoney.com) — Despite calls from Iran and Venezuela - OPEC’s steadfast bashers of the U.S. government - experts say there’s little chance the […]
NEW YORK (CNN) — Chiquita Brands International faces a $7.86 billion lawsuit filed Wednesday on behalf of nearly 400 Colombian families who say the company should be held responsible for the “torture and murder” of their loved ones. Attorney Jonathan Reiter said his clients are seeking “damages for terrorism, war crimes … and wrongful death.”
The […]
The Associated Press.
SAN FRANCISCO, California (AP) — Netflix Inc.’s system for recommending movies to its subscribers is proving tough to beat, as thousands of engineers and statisticians have discovered after long hours of research. Hoping to widen its lead in the online DVD rental market, Netflix last year dangled a $1 million reward to anyone […]
RIO DE JANEIRO, Brazil (AP) — A huge offshore oil discovery could raise Brazil’s petroleum reserves by a whopping 40 percent and boost this country into the ranks of the world’s major exporters, officials said.
The government-run oil company Petroleo Brasileiro SA, or Petrobras, said the new “ultra-deep” Tupi field could hold as much as 8 […]