(LONDON) The euro slipped against the US dollar yesterday, staying near multi-month lows on concerns about the fiscal health of some euro zone countries.

MALAYSIA'S economic goalposts have shifted. Last week, the administration of Prime Minister Najib Razak unveiled its Government Transformation Programme Roadmap and its appraisal of the economy was sobering.

JOHN Quincy Adams, the sixth US president, once famously said that 'Congress should not be palsied by the will of our constituents'.

TRANSFER pricing, to put it simply, is the act of pricing goods and services to cross-border related parties.

ONE of the fantasies concocted by Obamaniacs in the aftermath of the 2008 presidential election was that the Chinese leadership would welcome the election of an African-American president with whom supposedly they shared a non-white heritage.

WE'VE always known that America's reign as the world's greatest nation would eventually end. But most of us imagined that our downfall, when it came, would be something grand and tragic.

HAVING been burnt by the sell-off of the past two weeks, traders and investors alike quite understandably opted for caution and safety first yesterday. They still, however, managed to alternate between short-selling and covering throughout the session, which meant that there was a fair degree of volatility present, no doubt a deterrent to most punters who opted to stay away.

THE Singapore government awarded Genting Singapore (GS) its much-awaited casino licence last Saturday.

IF LAST Friday's dramatic snapback by the Dow Jones Industrial Average from its earlier triple-digit loss to a 10-point gain at the close is anything to go by, a short term reversal may be on the cards. This is supported by the long-legged candlestick with a long lower shadow, which appeared on the Dow's chart. However, we are not sanguine of a sustained rally taking place as optimism of good corporate earnings has been replaced by concerns over China's tightening moves, disappointment over US job recovery and the spiralling sovereign debt crisis in Europe

KERALA, India's most globalised state, is in trouble. Unlike the rest of the country, the southern state's economy is based on the remittances sent by expatriate workers and on exports of cash crops.