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Panel further cuts US growth forecast
A top panel of economists has further slashed its forecast for US economic growth this year, saying the threat of war with Iraq is dampening consumer spending and business activity.
Iraq deadline stirs hopes
Stocks closed slightly higher on Friday, as a March 17 deadline for Iraq to meet disarmament demands or face war fed investor hopes for resolution to a crisis that has depressed markets for months.
Outlook subdued for global industry
The outlook for global industry is subdued at best with manufacturing surveys from the United States, Europe and Japan showing either the barest evidence of growth or outright contraction.
S'pore just avoids recession
SINGAPORE#8217;S export-driven economy grew a slim 0.4% in the fourth quarter of 2002, led by strong factory output which helped the city-state narrowly avoid recession.
Economists trim US growth projection
Concern about the economic effects of a possible war with Iraq has led a top-notch panel of forecasters to trim its outlook for US growth during 2003.
War clouds cast pall on US economy
A cloud of uncertainty from the prospect of a US war with Iraq is casting a dark shadow on the world#8217;s richest economy, which entered the new year with a worrying lack of momentum.
Symphony looks forward to outsourcing
OUTSOURCING in Malaysia has advanced roughly midway between buzzword status and accepted business practice.
Jobless rate expected to peak at 5.5%
IT#8217;S going to get worse before it gets better for job-seekers.
