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Business

Global markets to be driven by geopolitics in short term

The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.

Business

Afta plus China strategy set to benefit I-Bhd

I-BHD has entered into a supply chain alliance with leading Chinese manufacturers of home electrical appliances in a move to sharpen its competitive edge with the advent of the Asean Free Trade Area (Afta) next year.

Business

Wooing China, Mid-East tourists

TODAY'S CEO OUTLOOK 2003 features two CEOs in the hotel sector and one in the information technology (IT) industry

Business

Southern Steel sees better 2003 results

SOUTHERN Steel Bhd sees a 10% improvement in performance this year with the construction industry expected to make a rebound after the Chinese New Year, according to chairman Datuk Abdullah Mohd Yusof.

Business

Citibank buys 5% of Pudong Bank

Citibank, a unit of US financial titan Citigroup Inc, will pay about 600 million yuan (US$72mil) for a 5% stake in Shanghai Pudong Development Bank in its first strategic partnership in the potentially huge China market.

Business

Fighting the Bears

Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?

Business

How high can it go?

ASK around.It is a foregone conclusion that the local stock market is currently not too far off its lowest ebb. The mostpertinent question is how high can the Kuala Lumpur Composite Index (CI)go in 2003?

Business

Market to trade within tight band

Trading for the weeks ahead in the local bourse is expected to continue to remain subdued until February as all eyes remain on the developments in the US-Iraq conflict.

Business

Single-digit growth for consumer sector

THE consumer sector, especially the food and beverage (FB) sub-sector, is anticipated to show single-digit growth for 2003 in line with the projected gross domestic product (GDP) growth for the year even though the health and growth of the consumer sector is really dependent on a whole host of factors, ranging from world commodity prices to local consumer spending habits.

Business

China venture a boon for Megan

BARELY a month has passed since Megan Media Holdings Bhd was transferred to the main board of the Kuala Lumpur Stock Exchange.