Stocks slipped on Friday for the third time in four sessions as worries about the US economy and corporate earnings took the shine off surprisingly strong readings on retail sales and consumer sentiment.
THE government and private sector companies have been urged to leapfrog developments in the high-technology sector by buying foreign information and communications technology (ICT) firms while their stock valuations are still cheap.
British Airways (BA) and Air France have called an end to the world#8217;s first and only supersonic passenger jet, saying they would mothball the fuel-guzzling Concorde 27 years after it entered service.
Many companies were already facing bad prospects before the events of Sept 11 exacerbated the downturn. In most industries, market conditions have deteriorated and uncertainty about future prospects has risen.
A LOT can happen in three years. Tenaga Nasional Bhd has seen a change of guard three times. The landscape in the power sector has changed drastically during this time and the economic wind driving the industry is not quite as robust as it used to be.
MALAYSIA has the world#146;s 25th largest crude oil reserves and 14th largest gas reserves. Its oil reserves, like all things finite, are expected to diminish and run out in 17 years while gas reserves are expected to last another 34 years.