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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 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 04 Jan 2003 | 12:00 AM

Fighting the Bears

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

Business 04 Jan 2003 | 12:00 AM

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 05 Jan 2003 | 12:00 AM

Blue chip stocks take a dip

Blue chips slipped on Friday, falling over a weak earnings forecast from the world's No. 1 home-improvement retailer Home Depot Inc, but the Nasdaq managed to eke out a tiny gain, extending its 2003 rally for a second day.

Business 06 Jan 2003 | 12:00 AM

Ratings

#183;MALAYSIAN Rating Corp Bhd (MARC) has assigned Islamic corporate debt ratings of I>MARC-1ID/AAAID/Ito B>SIME DARBY BHD/B>#146;s proposed RM1.5bil I>Al-Murabahah /I>commercial papers and medium-term notes.

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 08 Jan 2003 | 12:00 AM

Baswell confident of hitting revenue target

RUBBERWOOD furniture maker Baswell Resources Bhd, which is en route to a listing on the KLSE second board, is confident of meeting its revenue target of RM64mil for its financial year ending Sept 30, 2003.

Business 09 Jan 2003 | 12:00 AM

Fierce debate on Bush plan

A fierce debate has erupted among economists over whether the stimulus and tax-cut package unveiled overnight by President George W. Bush is the tonic needed for an ailing US economy or simply a giveaway to the rich.

Business 09 Jan 2003 | 12:00 AM

HK plans to raise taxes and trim civil service

Hong Kong Chief Executive Tung Chee-hwa announced yesterday plans to increase taxes, cut the size of the civil service and slash the pay of top officials in a bid to wipe out the territory#8217;s growing fiscal deficit.