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Business 01 Jan 2003 | 12:00 AM

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 01 Jan 2003 | 12:00 AM

KLSE ends 2002 with a whimper, Maybank top loser

THE last trading day of 2002 saw the KLSE Composite Index (CI) closing not with a bang, but with a whimper. The much anticipated last minute window-dressing activities failed to make an impact. Instead heavyweight Maybank #150; a key component stock of the CI #150; lost 45 sen, dragging the market down.

Business 02 Jan 2003 | 12:00 AM

A promising year lies ahead

CEOS believe Malaysia will do well in 2003 despite uncertainties for the global economy.

Business 03 Jan 2003 | 12:00 AM

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 03 Jan 2003 | 12:00 AM

KLSE gets off to a rocky start

THE KLSE got off to a rocky start in the first trading day of the year as window-dressing activities that had lent support to the market in recent weeks apparently disappeared. The Composite Index (CI ) skidded nearly 14 points or 2.15% to 632.4 yesterday, as investors sold down their holdings, on heightened fears of war between the US and Iraq.

Business 03 Jan 2003 | 12:00 AM

Samsung Heavy and Hyundai Heavy win US$1.5b jobs

Hyundai Heavy Industries Co Ltd and Samsung Heavy Industries Co Ltd have won more overseas orders worth nearly US$1.5bil in total.

Business 04 Jan 2003 | 12:00 AM

Mister Natural aims to change the world

The practical side of this dreamer was forged early. Taniguchi was just 8 years#8217; old and just a mile and a quarter from ground zero when the atom bomb hit Hiroshima. Aside from losing his hair for a while, he was unharmed.

Business 04 Jan 2003 | 12:00 AM

Ranhill gets aggressive

RANHILL Bhd, a favourite among the small capital construction stocks, clearly eager to continue to please, plans to double its order book as well as move into a new business #8211; power generation.

Business 06 Jan 2003 | 12:00 AM

How sustainable is our recovery?

Going into 2003, Malaysia economic recovery is expected to be sustainable in spite of a slowing US economy. We see real GDP sustaining at 4.3% in 2003 (2002e: 4.0%).

Business 06 Jan 2003 | 12:00 AM

Smaller companies head to Asia for investments

Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.