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GENERALLY bearish investor sentiment elsewhere in Asia spilled over into the Kuala Lumpur stock market Monday, pulling the KLSE Composite Index (CI) a further 10 points or 1.3% down to 782.
Many things can be said of 2003 when turmoil struck the world. But most of all, it was the year when the Bush doctrine of unilateral military action against other countries deemed worthy of 'regime change' was put into terrible effect in Iraq, as the United Nation stood and tottered helplessly at the sidelines. The world will not be the same again. MARTIN KHOR reviews the year that is about to pass us by.
Having gone through haze, Nipah virus, Sept 11, Bali bombing, Iraq war, Severe Acute Respiratory Syndrome (SARS) outbreak, and most recently, bird flu, Reliance Pacific is better prepared to face the future, says the company's executive director Tan Sin Chong.
TO analysts, Advance Synergy Bhd (ASB) appears to be a group without focus. It owns a mixed bag of businesses as diverse as insurance is from bus services, and as hotels are to software services. It owns companies engaged in all these services.
STOCK markets in South-East Asia closed mixed yesterday after reacting somewhat sharply at first to news of a bomb blast outside the Australian embassy in Jakarta which killed eight people and injured more than 160.
Last week's suicide bombing outside the Australian Embassy in the Indonesian capital likely will not have a long-term effect on the country's vital tourist industry, the government said Tuesday.