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Global markets to be driven by geopolitics in short term
The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.
A promising year lies ahead
CEOS believe Malaysia will do well in 2003 despite uncertainties for the global economy.
Fighting the Bears
Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?
How high can it go?
ASK around.It is a foregone conclusion that the local stock market is currently not too far off its lowest ebb. The mostpertinent question is how high can the Kuala Lumpur Composite Index (CI)go in 2003?
Blue chip stocks take a dip
Blue chips slipped on Friday, falling over a weak earnings forecast from the world's No. 1 home-improvement retailer Home Depot Inc, but the Nasdaq managed to eke out a tiny gain, extending its 2003 rally for a second day.
How sustainable is our recovery?
Going into 2003, Malaysia economic recovery is expected to be sustainable in spite of a slowing US economy. We see real GDP sustaining at 4.3% in 2003 (2002e: 4.0%).
Baswell confident of hitting revenue target
RUBBERWOOD furniture maker Baswell Resources Bhd, which is en route to a listing on the KLSE second board, is confident of meeting its revenue target of RM64mil for its financial year ending Sept 30, 2003.
Fierce debate on Bush plan
A fierce debate has erupted among economists over whether the stimulus and tax-cut package unveiled overnight by President George W. Bush is the tonic needed for an ailing US economy or simply a giveaway to the rich.
HK plans to raise taxes and trim civil service
Hong Kong Chief Executive Tung Chee-hwa announced yesterday plans to increase taxes, cut the size of the civil service and slash the pay of top officials in a bid to wipe out the territory#8217;s growing fiscal deficit.
