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Ministry can search homes

Compiled by Shantini Suntharajah

Merger to help local medical industry

THE China Medicine Material Group, which produces and sells traditional Chinese medicine, is to merge with the China National Pharmaceutical Group Corp (SinoPharm).

CI prospects cautiously bullish

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

Foreign business news in brief

Foreign business news in brief: 'Hutchison launches bonds', 'Aristocrat ex-CEO claims damages', 'Unisteel director resigns,' 'All Nippon places aircraft order,' and 'EVA takes delivery of plane'.

Asia-Pac IPOs down

New share issues from Asia-Pacific outside of Japan fell nearly 29% in the first half of 2003, but they are expected to gather pace in the second half as investor fears over SARS (Severe Acute Respiratory Syndrome) fade and travel restrictions on investment bankers are lifted.

Oil and gas related counters continue climb on KLSE

STRONG ongoing interest continued to push up prices of oil and gas related counters on the KLSE yesterday.

News in brief

News in brief highlights on South Korea June trade surplus jumps.

Strong rally by world markets in first half of 2003

WORLD stock markets recorded a strong rebound in the first half of the year despite earlier concerns about the fallout of from war in Iraq and the Severe Acute Respiratory Syndrome (SARS) outbreak.

United stay in Ronaldinho chase

English champions Manchester United said yesterday they would be going back to Paris St Germain in an attempt to sign their Brazil World Cup star Ronaldinho.

Focus turns to cyclical stocks

GIVEN the growing optimism on the economic front and better earnings visibility, investment analysts and strategists think now is the time to increase exposure to cyclical stocks that are sensitive to economic health.