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Optimistic mood in IT industry
OUR CEO OUTLOOK 2003 today features the Malaysia-based CEOs of three of the largest IT corporations #8211; Datuk Wong Siew Hai of Intel Corp, Khatijah Shah of SAP, and T.F. CHONG of Hewlett-Packard (HP). The three CEOs are looking forward to 2003 as they expect a pickup in the world economy will boost spending on IT.
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.
A promising year lies ahead
CEOS believe Malaysia will do well in 2003 despite uncertainties for the global economy.
Average lending rates likely to decline, says SJ Securities
AVERAGE lending rates are expected to come off slightly, which is not surprising as focus of loans growth is retail driven, said SJ Securities research head Anthony Dass.
Singapore escapes recession but sees tough 2003
Singapore escaped recession by the narrowest of margins in the fourth quarter of 2002, the government estimated yesterday, and the central bank defied pressure to loosen monetary policy despite a sluggish outlook.
Fighting the Bears
Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?
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?
Danaharta affected by delisting of PN4 firms
THE delisting of financially stressed companies under the PN4 sector will affect Pengurusan Danaharta Nasional Bhd#039;s assets in eight of these companies, said chairman Datuk Azman Yahya.
China central bank takes heat off yuan
China#8217;s central bank reined in a fresh bout of speculation on a possible appreciation of the yuan yesterday, although analysts expect the let-up to be brief.
Quality of listings vital for demutualised exchange
CONFLICT of interest is a major concern among the investing public when an exchange undertakes a demutualisation exercise and has itself listed as a profit-driven entity.
