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THE local stock market snapped a five-day losing streak yesterday, with the KLSE Composite Index (CI) closing 9.88 points higher at 629.10 on bargain hunting and signs of reduced tension between the United States and Iraq.
Liew Lai Jing writes on Magnum, YTL Power, Malayan Cement. SCB Development and FN.
Jagdev Singh Sidhe writes on Hock Sin Leong, Sime Darby, Tong Herr, CIMA and Boustead.
IT is not time to focus on a post-war recovery even though the war in Iraq has already started, as the possibility of the US slipping into recession remains high, according to Stephen Roach, the chief economist of Morgan Stanley.
WHEN you are close to outliving your usefulness, the smartest thing to do is to plan a graceful, painless exit. Pengurusan Danaharta Nasional Bhd knows this well. Last week, key executives of the national asset management company (AMC) met with several heads of research to toss around ideas about how it should settle its affairs before shutting up shop.
In May and June, NASA will send two #8216;robot geologists#8217; to Mars to determine whether life-sustaining water once existed on the planet. The major problem is finding the right landing spot for the roving space vehicles so that they will not be destroyed by strong winds or sharp rocks.
Retail giant Wal-Mart Stores Inc has solidified its position atop the I>Fortune 500/Ilist as America#8217;s demand for affordable household goods boosted its revenue in 2002.