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AS if coping with the uncertainties of war isn#039;t enough, economies in the region now have to cope with yet another crisis. The deadly Severe Acute Respiratory Syndrome (SARS) is taking its toll on Asia at a time when many of these economies are already vulnerable due to a weak external sector.
Against the sluggish market condition, we note a comforting trend from either companies resuming or activating buybacks on their own, or major shareholders emerging buyers. These are certainly signals of confidence to the investment community, and more so to minority shareholders during the trying period. In this report, we compile these transactions which we believe would be of interest to investors, categorising into:
AIRLINE stocks in the region continued to regain lost ground yesterday, even though the industry has yet to come out of what some argue are its toughest operating conditions.
SIEMENS AG is anticipating a decline in business volume this year but will continue to strive to increase profitability and achieve the company#039;s targeted margins, said its executive vice-president Prof Klaus Wucherer.