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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

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

Fighting the Bears

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

Business

Economists: US low interest rates could last until late summer

Economists cited turbulence on Wall Street over rising worries about a war with Iraq as a primary reason for why they think the Federal Reserve will leave interest rates at a 41-year low.

Business

War clouds fog US economic forecasts

War jitters are clouding the US economic outlook, making it hard to discern the recovery#8217;s underlying state of health and difficult to forecast what will happen when the current uncertainty lifts, economists say.

Business

Economists trim US growth projection

Concern about the economic effects of a possible war with Iraq has led a top-notch panel of forecasters to trim its outlook for US growth during 2003.

Business

Greenspan queries need for economic stimulus

B>WASHINGTON: /B>Uncertainty about a possible war with Iraq is making diagnosis of the American economy's health so tough it would be best to hold off on fresh stimulus for now, according to US Federal Reserve chairman Alan Greenspan.

Business

Tax-cut rift stirs doubts on Greenspan's future

US Federal Reserve chairman Alan Greenspan may have thrown his future into question after a public break with President George W. Bush on new tax cuts, Republican sources and economists said,

Business

Bankers rely on old weapons to meet war

Central bankers are refining their battle plans for coping with the upheaval that an Iraqi war could cause in financial markets and their economies.

Business

GD Express' priority on quality service

THE courier business may not exactly be classified as one of the more popular business ventures to get into. In fact, ask most people what they think of it as a business, and you would probably get some vague answer, telling you how it should be left to those in the transportation fraternity, ? not to be ventured into unless you know the industry fairly well.