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IT has been three years since index constructor Morgan Stanley Capital International (MSCI) announced that it would adjust its equity indices so as to take into account free float levels. Back then, there was some hand wringing among our stock market players over the possibility of Malaysia suffering an exodus of foreign funds.a href=http://biz.thestar.com.my/bizweek/>LI>B>For the full Bizweek reports click here/B>/a>
SELECTIVE support for key blue chip stocks helped curtail the Kuala Lumpur Composite Index's (KLCI) fall yesterday, but elsewhere around the region, stocks slumped to their lowest levels in months.
IN the recently-announced Ninth Malaysia Plan (9MP), a whole chapter (Chapter 10 - Streamlining Privatisation) has been allocated to outlining the Government's plans to refine and improve on the previous privatisation programme of the 8MP.
LONDON (AP) - European shares lost ground Thursday, weighed down by mining companies Rio Tinto and BHP Billiton on concerns China will hike interest rates, overshadowing positive margin news from mobile phone giant Nokia and hopes for pharmaceutical-sector earnings.
Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chances of American or Israeli military action against OPEC's second-largest oil producer.