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Business

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

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.

Business

Wooing China, Mid-East tourists

TODAY'S CEO OUTLOOK 2003 features two CEOs in the hotel sector and one in the information technology (IT) industry

Business

US factory data upbeat

US manufacturing stepped out of the doldrums in December, expanding by a lot more than expected, but the improvement was at odds with other soft economic news recently, and did not change expectations for a gradual recovery in 2003.

Letters

Fear itself the only thing to fear

In its year economic estimate, the World Bank warned that there was a great risk of global economic stagnation.

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%).

Nation

Govt will not inject funds into unit trusts

The government will not inject funds into unit trusts that are not making money, including state-run ones, just to ensure high dividends for investors, Datuk Seri Dr Mahathir Mohamad said.

Business

Laura Ashley sales down in Europe

SLUGGISH sales by its European outlets pulled down the overall performance of Laura Ashley, the Malayan United Industries Bhd-owned high street fashion company, which has joined the ranks of disappointed Christmas retailers.

Health

Seeing things

Eyesight is an integral tool in the development of a child, but how do we assess eyesight, especially in a young child who can#8217;t communicate his or her thoughts in a manner that can be understood by adults? B>COLIN KHOO/Btakes a close look at the issue.

Business

Foreigners eye Penang properties

Property Talk: A weekly column by S.C. Cheah.