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Business

Asian employers turn to wage freeze

Employers in Asia are increasingly turning to wage freezes in 2003 with salary hike prospects clouded by a shaky global economic rebound and the threat of a US war with Iraq, according to a survey report published yesterday.

Business

Southern Steel sees better 2003 results

SOUTHERN Steel Bhd sees a 10% improvement in performance this year with the construction industry expected to make a rebound after the Chinese New Year, according to chairman Datuk Abdullah Mohd Yusof.

Other Sport

Teenager Weir saves Hearts

Teenage striker Graham Weir came off the substitutes#8217; bench and scored twice in injury time to earn Hearts a 4-4 home draw with Hibernian in a pulsating Edinburgh derby on Thursday.

Business

Goldman tops ranking

MORGAN Stanley, Merrill Lynch Co, and J.P. Morgan Chase Co, which dominated takeover advisory work in Singapore during 2001, saw their business slump more than 95% last year as volume shrank three-quarters.

Business

Fighting the Bears

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

Other Sport

Splendid win for Malaysia, India hit two past Pakistan

Malaysia got off to a winning start in the MHF Under-19 international invitational hockey tournament with a comfortable 3-1 win over South Korea at the National Hockey Stadium in Bukit Jalil in Kuala Lumpur Sunday.

Business

CPO in for a bumper first quarter

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.

Business

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

CI likely to head south in Q1

Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.

Other Sport

Ferrero survives first round test

World number four Juan Carlos Ferrero saw off a spirited challenge from wildcard entrant Jaymon Crabb yesterday in the first round of the Sydney International tennis tournament.