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A SHARP fall in America#039;s crude oil stockpile to its lowest level since October 1975 sent the price of US light crude to a 28-month high of US$36.20 a barrel yesterday.
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.
EPF is under pressure to preserve capital yet enhance reutrns. The choices, though, are frustratingly few.
A BIG shift towards the use of confirmed letters of credit (LCs) is expected to occur in the event of a war between the United States and Iraq, ABN Amro Bank#146;s vice-president Gary Collyer said.
Hong Kong's dominant phone company PCCW Ltd, facing a shrinking share of a weak local market, is expected to report a net loss for 2002 on heavy one-off charges, and analysts say prospects are dim for significant near-term revenue growth.