Mixed views on impact of possible ringgit re-peg

THE continuing slide of the US dollar against major currencies has become either a bane or boon to industries, depending on which sectors they are in.

Car dealers report sluggish sales

SLOW, very slow #150; that#039;s the consensus among car dealers on the state of motor vehicle sales nearly three weeks after the government#039;s announcement of new tariff structures for the industry.

CPO to hold steady in range trade

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.

CI hits 42-month high of 825

BUYERS again swarmed the local stock market Friday, lifting the KLSE Composite Index (CI) by a further 12 points or 1.5% to end the first full trading week of 2004 at a 42-month high of 825.

November IPI rises by 11.7%

The Industrial Production Index (IPI) for November 2003 rose 11.7% to 213.4 from 191.1 in the same month of 2002 on expansion in the manufacturing, electricity and mining sectors, the Department of Statistics said.

News in brief

Earnings season in US seen solid

US investors are gearing up for gains in the first full trading week of 2004 with Alcoa Inc kicking off what is widely expected to be a strong earnings season.

Celcom-Garuda offers users SMS quiz holiday packages

CELCOM (Malaysia) Bhd has teamed up with Garuda Indonesia (Kuala Lumpur) to offer the I>Garuda Go Holidays SMS Quiz/Ito 019 and 013 users.

Two major turnaround successes

It's a pleasure to feature our two CEOs today - Tan Sri Azman Hashim of AmBank Group and Datuk Abdul Wahid Omar of UEM Group. Azman is the great survivor and that's what a real entrepreneur is all about.

US stocks inch up in quiet trade

Stocks floated higher on light volume in a truncated session on Friday with Sharper Image Corp leaping after the retailer reported a robust holiday shopping season and steel producers gained ground after China scrapped retaliatory tariffs.