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Business 21 Apr 2004 | 12:00 AM

Rapid growth seen in SEA economies

With investment prospects looking good Malaysia and other regional nations are expected to perform better this year. Daljit Dhesi interviewed Standard Chartered Bank chief economist for global research (Southeast Asia region) Steve Brice at the recent Fourth International Financial Planning Advisers Conference and Expo 2004. Excerpts from the interview.

Business 28 Apr 2004 | 12:00 AM

Analysts: Low volume on Bursa Malaysia not alarming

TRADING on Bursa Malaysia yesterday was the most lethargic since the beginning of the stock market uptrend in June last year, but analysts say it is nothing to be worried about.

Business 01 May 2004 | 12:00 AM

Yen drops to 5-week low against greenback

THE yen slid to a five-week low of 110.34 against the US dollar yesterday, from 109.89 on Thursday, amid rising concerns that an economic slowdown in China would hinder the recovery in Japan.

Business 01 May 2004 | 12:00 AM

Market loses further ground ahead of extended break

THE local stock market fell for the fifth day in a row yesterday as investors took profit ahead of the four-day, holiday-extended weekend amid continued uncertainty over the market's direction in the near term.

Business 11 May 2004 | 12:00 AM

Airline, shipping firms not spared

AIRLINE and shipping companies - major consumers of oil - were not spared the sharp market downturn on Monday. Most of these stocks performed as poorly as, or worse than, stocks in other industries, as the price of crude oil has risen to about US$40 a barrel.

Business 13 May 2004 | 12:00 AM

Return of bargain hunters helps KLCI regain some lost ground

THE Kuala Lumpur Composite Index (KLCI) managed to regain some lost ground yesterday as bargain hunters emerged to take advantage of the market's oversold position that had resulted from four consecutive days of falls.

Business 14 May 2004 | 12:00 AM

Asian banks elbow out foreigners in project finance

Asia's cash-rich banks are pushing aside foreign lenders to finance pipelines and power plants in the region's recovering project finance market.

Business 18 May 2004 | 12:00 AM

Most GLC shares close lower

MOST of the 40 government-linked companies (GLCs) on Bursa Malaysia closed lower yesterday, with the market taking a tumble due to external worries, despite positive feedback from the investment community on the recently announced reform of these companies.

Business 18 May 2004 | 12:00 AM

Asian equity markets slide further

A NEAR-CRASH by the Mumbai stock market and further turmoil in Iraq weakened investor sentiment further yesterday, sending equity markets across Asia sharply lower.

Business 29 May 2004 | 12:00 AM

Versus the CI

By P.W.Thong.