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ASIAN stock markets rose yesterday, buoyed by the overnight rally on Wall Street on robust US company earnings and indications that the Severe Acute Respiratory Syndrome (SARS) outbreak may be easing.
TENAGA Nasional Bhd (TNB) wants to complete the sale of minor stakes in two power plants by the end of August, a company official told I>Reuters/Iyesterday.
AFTER a long spell of listless movements, the KLSE Composite Index (CI) made an important 8.6-point breakout yesterday to close above the 650 psychological level, with sentiments buoyed by the government#039;s RM8.1bil economic package announcement, as well as the positive comments on the US economy by Federal Reserve chairman Alan Greenspan.
SYARIAH funds should not be sidelined and perceived by investors as generating lower returns than conventional unit trust funds which are mainly equity-based, according to Pacific Mutual Fund Bhd chief executive officer Michael Auyeung.