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THE KLSE extended its winning streak into a 5th consecutive day yesterday, with news of corporate takeovers providing further mo-mentum to an already buoyant market.
Arresting the declining dividend rate BizWeek will run a series of articles, written by EPF's investment division, every fortnight. With funds exceeding RM190 billion, the keeper of the people's money is keen to tell its story on many pertinent issues related to investments.
THE Employees Provident Fund (EPF) plans to invest about RM130mil in information technology (IT) over the next three years to provide better service to its 10.3 million members and 340,000 contributing employers, said deputy chief executive officer II Rusma Ibrahim.
Weak export growth and sluggish domestic demand could push Singapore#8217;s economy back into recession in the first half of the year, Barclays Capital warned in a report yesterday.
AMR Corp, the corporate parent of American Airlines, has posted the biggest yearly loss in aviation history. The world#8217;s largest airline, battling a perception that it would have to follow some major rivals into bankruptcy, reported on Wednesday a loss of US$3.5bil for 2002, and warned that it must cut costs drastically to keep flying.