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World's business leaders meet in Davos bemoans lost trust
The titans of international business wrestled mightily for six days at the World Economic Forum with how to repair public trust damaged by scandals over shoddy accounting and bankruptcies like Enron's.
Philippine shares end down Tuesday on Iraq concerns
Philippine shares closed lower Tuesday, but losses due to the prospect of war in Iraq and the sharp fall on Wall Street were tempered by some bargain-hunting.
Tech chiefs see dim 2003
Technology executives have been scrambling to tone down expectations for 2003 after hard-learned lessons that their customers cannot predict the future.
Asian markets tumble as war fears mount
WAR jitters continued to weigh on stock markets in Asia yesterday. The Seoul and Jakarta bourses were the worst hit, with their indices sliding nearly 3%.
Taiwan allows plastics company to build a plant in China
Taiwan has approved a plan by one of the island's biggest plastics companies to invest 640 million New Taiwan dollars (US$18.5 million) in a factory in China, the firm said Tuesday.
Prices of plastic resins up 30%
PRICES of plastic resins, both local and imported, have increased substantially between 15% and 30% in late January this year compared with November 2002.
Jewellery players upbeat on local market
RETAIL jewellery outlets are mushrooming in Malaysia, especially in the Klang Valley. In the face of more intense competition, the retail jewellery players still remain fairly optimistic about the Malaysian market.
Downward correction forecast
Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.
CPO futures seen to be steady
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.
Worries of war cause tumble
Stocks tumbled to their lowest levels since October on Friday as the specter of a US war against Iraq loomed over a market already spooked by the outlook for corporate profits during the rush of reporting season.
