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Bank stocks may stay in favour

SELECT banking stocks with good asset quality and good dividend yield are expected to remain on investors#039; buying lists despite the current weak market conditions.


Public Bank operations impress analysts

PUBLIC Bank Bhd's first-quarter results came in at the lower end of consensus estimates, but its stock remains a clear favourite among banking analysts given its superior asset quality and loans growth potential.


Government hopes to double number of large listed firms to 8

More large-capitalised, public-listed companies are needed to attract local and foreign institutional investors to the local bourse, Second Finance Minister Datuk Dr Jamaludin Jarjis said.


Munir: Celcom integration with TM Cellular on track

CELCOM (M) Bhd is confident it can integrate its business with that of TM Cellular Sdn Bhd within 18 months as planned, chairman Datuk Dr Mohd Munir Abdul Majid said.


Mitsubishi aims for record earnings

Mitsubishi Corp, Japan#8217;s biggest trading house, reported a slight 3.2% rise in annual profit yesterday after booking losses on stock holdings but, like other trading firms in the country, the company said it expected a better year ahead.


Malaysia ranked 4th most competitive among nations of over 20mil

MALAYSIA is the fourth most competitive among nations with populations of more than 20 million, according to an annual survey released yesterday by the IMD business school in Lausanne, Switzerland, and quoted in an I>Associated Press /I>report.


Japan economy stagnant

Japan#8217;s economy slowed to a standstill in the first quarter 2003 as exports stalled ahead of the war in Iraq, leaving a year-long recovery on thin ice and underscoring concerns the global economy is stagnating.


Aussie dollar soars to 40-month high against US dollar

THE Aussie dollar leapt to a 40-month high of 65.69 US cents against the US dollar, thanks to rising pressure on the greenback following US Treasury Secretary John Snow's comment that the long-standing strong dollar policy did not imply any view about the exchange rate.


What the CEOs say

CEOs comment on the stimulus package.



Elaine Ang writes on IOI Corp, Magnum, YTL Corp. SCA and OUL Industries.