Archive for March 2008

By LAALITHA HUNT laalhunt@thestar.com.my PETALING JAYA: US gold futures, which surged to a record US$1,001.50 on Thursday, is likely to breach US$1,200 an ounce within the next three months. MIMB Investment Bank Bhd technical analysis manager Lee Cheng Hooi said gold could hit new highs this year on expectations of further Federal Reserve rate cuts…

KUCHING: The Sarawak Economic Development Corporation (SEDC) has signed a memorandum of collaboration with Transparency International Malaysia (TI-M) to promote integrity and combat corruption. Under the memorandum, SEDC will put in place structures to eliminate corruption by advocating accountability, transparency and integrity in its business dealings and transactions. The memorandum also seeks to create a…

By Andrew Stern CHICAGO (Reuters) – U.S. presidential candidate Barack Obama on Friday repudiated what he called “inflammatory and appalling remarks” made by his Chicago pastor, seeking to quell another campaign controversy tinged with race. Democratic presidential hopeful Senator Barack Obama (D-IL) delivers a speech at the Chicago History Museum in Chicago, Illinois, March 12,…