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Symphony looks forward to outsourcing
OUTSOURCING in Malaysia has advanced roughly midway between buzzword status and accepted business practice.
War clouds cast pall on US economy
A cloud of uncertainty from the prospect of a US war with Iraq is casting a dark shadow on the world#8217;s richest economy, which entered the new year with a worrying lack of momentum.
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.
S'pore just avoids recession
SINGAPORE#8217;S export-driven economy grew a slim 0.4% in the fourth quarter of 2002, led by strong factory output which helped the city-state narrowly avoid recession.
Outlook subdued for global industry
The outlook for global industry is subdued at best with manufacturing surveys from the United States, Europe and Japan showing either the barest evidence of growth or outright contraction.
Iraq deadline stirs hopes
Stocks closed slightly higher on Friday, as a March 17 deadline for Iraq to meet disarmament demands or face war fed investor hopes for resolution to a crisis that has depressed markets for months.
Panel further cuts US growth forecast
A top panel of economists has further slashed its forecast for US economic growth this year, saying the threat of war with Iraq is dampening consumer spending and business activity.
Fed holds fire on rates, pledges surveillance
US Federal Reserve policy-makers have held interest rates at 1961 lows, contending that uncertainties caused by the pending war in Iraq are so extreme they could not gauge the American economy#8217;s prospects.
Better outlook seen in residential, auto sectors
A BETTER outlook is expected in the residential property and automotive sectors in the short-term, the Malaysian Institute of Economic Research (Mier) said in its 4th quarter Sectoral Survey conducted recently.
US consumers fret about war and jobs
The latest snapshot of US consumers has shown that confidence was near decade lows even before the grim realities of war in Iraq invaded TV screens, and that pervasive worries about jobs could stifle any relief rally once the conflict is over.
