Support for 92 more banks

THE Treasury Department says it has provided an additional $4.7 billion (S$6.82 billion) to 92 banks as part of the government's $700 billion rescue of the financial system.

More US housing woes

NEW US data on Tuesday showed more woes gripping the troubled housing sector and confirmed the economy is shrinking, as the IMF's top economist warned of a possible second Great Depression.

US recession gathers steam

US GDP shrank an unrevised 0.5 per cent in 3rd quarter Reuters/U.Mich consumer survey 60.1 in Dec vs 55.3 Existing home sales down record 8.6 per cent in November

Malays Must Participate In Changes!

(Sin Chew Daily) Change, seems to be an irresistible trend in the world, particularly after Barack Obama was elected the first African-American President of the United States.

New PKNS head selected

By DHARMENDER SINGH (The Star)SHAH ALAM: The Selangor government has picked a 49-year-old former group managing director of a realty development consultancy firm, Othman Omar, as the new general…

Let’s Take a Moment ….

By Pat Lu, Co-Founder, Pahlawan VolunteersAs the year comes to an end and as we prepare for the new year, let us as Malaysians, individually and collectively,…

Who will let the dollar go down?

(The Economic Times) - In the United States, half a million jobs evaporated last month, over 1.2 million were lost in the last three months. Businesses are closing down every day. Banks are afraid to…

Free trade under threat

By Philip Bowring, International Herald TribuneChina, almost as much as the U.S., may hold the key to whether the global recession leads to a vicious cycle of protectionism and contracting trade.

Chrysler still at risk

WITH sales falling off the cliff and production halted at all 30 of its US plants for a month, Chrysler is on a money-losing streak without a definite end in sight.

Oil tumbles below US$40

OIL prices tumbled below $40 (S$57.91) a barrel on Monday as reports from manufacturers like Toyota and Caterpillar pointed to a worsening global economic climate and serious deterioration in energy…

NZ recession deepens

NEW Zealand's economy contracted by its biggest amount in eight years as the recession deepened in the third quarter, backing the case for more central bank rate cuts to cushion the impact of the…

Kelantan Umno backs hudud

By Leslie Lau The Malaysian InsiderKelantan Umno will lobby the federal government to allow the Islamist party Pas to introduce hudud law, which prescribes stoning, whipping and amputation as…

Fatwas 101

Exclusive with imam Feisal Abdul Rauf What exactly is a fatwa?By Shanon Shah, The Nut Graph

Mahkamah buktikan ISA disalahguna

Mohamed Hanipa Maidin, HARAKAHApabila Akta Keselamatan Dalam Negeri (ISA) disokong oleh Presiden Persatuan Pengguna Islam, Dato Dr Ma'mor Osman (Harakah, 8/12/2008), saya hanya boleh mengucapkan…

Pemimpin Umno tidak pasti menang

(Malaysiakini) - Beberapa pemimpin Umno tempatan berbelah bahagi berhubung peluang calon BN Datuk Wan Ahmad Farid Wan Salleh menang dalam pilihanraya kecil Kuala Terengganu, bulan depan.