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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.

Saleh upbeat about DRB-HICOM prospects

OPTIMISTIC - that#039;s how group chairman Tan Sri Mohd Saleh Sulong feels about the DRB-HICOM Bhd group#039;s prospects this year.

Outlook for banks positive

RATING Agency Malaysia Bhd (RAM) has reaffirmed a positive outlook on the local banking sector in view of the continued improvement in asset quality owing to the gradual economic recovery and the resolution of the Lion group debts.

Find out how Sabah ran into RM5bil in debts

From DOMINIC LIM KUAN WEE of Muar.I>(via e-mail)/I>

Park May to sell Rangkaian stake

BUS operator Park May Bhd, in an effort to reduce its debts, plans to dispose of its 20% stake in Rangkaian Segar Sdn Bhd, the operator of the Touch #8216;n Go electronic payment system.

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.

Kumpulan Fima has much to do

KUMPULAN Fima Bhd may have set itself free from the clutches of the distressed companies category on the Kuala Lumpur Stock Exchange, but clearly, it has a lot more to do before investors begin to look at is as an investment opportunity.

Bell & Order needs more oomph

SECOND board-listed construction and sound communication concern Bell Order Bhd's warrant is expiring on April 17 this year.

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.

Mummy dearest ... not

From Weary