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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.

RM11.8bil 9-month balance of payments surplus

MALAYSIA recorded a balance of payments surplus of RM11.8bil in the first nine months of 2002, against a deficit of RM600mil in the corresponding period a year ago, the Statistics Department said yesterday.

Caught by a cold snap

b>By Wong Sai Wan/b>

'Don't log in catchment areas'

The Malaysian Nature Society (MNS) has opposed the proposed helicopter logging of the Ulu Muda forests, Kedah, stating that any form of logging in a water catchment area should be avoided.

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%).

Ferreira: Pahang players in good shape for Premier I action

Pahang's Brazilian coach Ralf Borges Ferreira is confident that he will have players who are in good shape - physically, technically and tactically - for the challenges in Premier I this year.

Panova sends Capriati packing in first round of Sydney tourney

Jennifer Capriati#8217;s preparations for next week#8217;s Australian Open were halted abruptly Tuesday when she was beaten by Russian Tatiana Panova in the second round of the Sydney International.

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.

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.

Appeals Court reserves judgment in state rep’s case

The Court of Appeal has reserved judgment on an appeal against a High Court decision to acquit Gemencheh state assemblyman Datuk Waad Mansor of three corrupt practice charges.