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Dated 2012-02-07 More KLSE news from:http://www.thestar.com.my Tighter lending rules PETALING JAYA: Personal loans, which form part of household loans, are expected to grow 15% this year a relatively slower pace than last year on stricter household lending rules coupled with external headwinds...
Dated 2012-02-06 More KLSE news from:http://www.thestar.com.my Modenas eyes 15pc Sarawak mart share Motosikal dan Enjin Nasional Sdn Bhd (MODENAS), the national motorcycle maker, wants to increase its market share in Sarawak to 15 per cent this year, with the sale of its latest edition, Motosikal...
Dated 2012-02-04 More KLSE news from:http://www.thestar.com.my US stocks soar on strong jobs data NEW YORK: A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in the fragile...
Dated 2012-02-03 More KLSE news from:http://www.thestar.com.my Selling Lotus a viable option: Mahathir Tun Dr Mahathir Mohamad, Malaysia’s former prime minister, comments on Proton Holdings Bhd after billionaire Syed Mokhtar Al-Bukhary’s DRB-Hicom Holdings Bhd agreed to buy a controlling...
Dated 2012-02-02 More KLSE news from:http://www.thestar.com.my MIDF ‘neutral’ on banking sector KUALA LUMPUR: MIDF Research is neutral on the banking sector as it expects net profits this year to be moderated by slower economic growth.In a note today, MIDF said loan growth for this year...
Dated 2012-02-01 More KLSE news from:http://www.thestar.com.my US stocks mixed on weak economic data NEW YORK: US stocks closed mixed on Tuesday after the release of data showing continuing weakness in home prices and slumping consumer confidence.The Dow Jones Industrial Average fell 20.81 points...
Dated 2012-01-31 More KLSE news from:http://www.thestar.com.my Bank Negara keeps key rate at 3pc Bank Negara Malaysia has maintained the Overnight Policy Rate (OPR) at three per cent.The central bank said in the recent months, global economic and financial conditions had deteriorated following the...
Dated 2012-01-30 More KLSE news from:http://www.thestar.com.my OSK Holdings announces new chairman KUALA LUMPUR: OSK Holdings Bhd today announced the retirement of Dr Choong Tuck Yew as Director and Chairman of OSK Investment Bank Bhd (OSKIB), a wholly owned subsidiary of OSK, effective January...
Dated 2012-01-29 More KLSE news from:http://www.thestar.com.my Transforming cellular companies With the data boom, cellular firms have to transform to stay relevant….. Subsidies deemed not a sustainable measure to benefit the people IT was a disheartening scene to watch, as a...
Dated 2012-01-28 More KLSE news from:http://www.thestar.com.my KL bourse to maintain strong risk appetite’ Bursa Malaysia is expected to trend higher next week along with other regional markets, boosted by positive news from the US and Europe. Dealers said buying interest for assets in the...
Dated 2012-01-27 Malaysia retains sugar price, ups subsidy The government has decided to maintain the current sugar price despite the hike in the commodity’s price in the world market, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said today.Sugar is sold...
Dated 2012-01-26 CIMB’s Nazir appointed president commissioner at CIMB Niaga CIMB Group Holdings Bhd group chief executive Datuk Seri Nazir Razak has been appointed president commissioner of CIMB Niaga, Indonesia, while and Glenn Muhammad Surya Yusuf the vice president commissioner, pursuant to...
Dated 2012-01-25 KLCI weighed down by blue chips on Wednesday The FBM KLCI closed lower on Wednesday, as trading was weighed down by the selling of selected blue chip stocks. ….. Japan logs first trade deficit in 31 years TOKYO (Reuters) – Japan logged its first annual trade...
Dated 2012-01-23 Basel move unlikely to affect loan growth PETALING JAYA: The recent move to lower liquidity requirement of banks by the Basel Committee will enhance the flexibility of banks to manage a financial crisis and will not impact loan growth, say industry observers…… ...
Dated 2012-01-22 PNB and Liew in Joint offer for SP Setia KUALA LUMPUR: Tan Sri Liew Kee Sin and the countrys largest asset manager, Permodalan Nasional Bhd (PNB), are making a joint revised offer for SP Setia Bhd in a bid to safeguard the interests of all shareholders and maintain management...
Dated 2012-01-20 Revised offer for SP Setia The months-long issue of Permodalan Nasional Bhds (PNB) takeover offer for SP Setia Bhds shares in order to gain control of the company has taken a new turn….. Master Builders Association appeal to Govt regarding foreign workers KUALA...
Dated 2012-01-19 ‘Malaysia may not hit 5-6pc growth forecast’ Malaysia’s growth will probably miss the government’s forecast this year amid the faltering global economy, according to the Malaysian Institute of Economic Research.Southeast Asia’s third-largest economy will...
Dated 2012-01-18 DRB-Hicom keeps options open on Lotus Malaysian automobile assembler DRB-Hicom Bhd said today it will keep its options open about selling Proton Holdings Bhd’s sports car unit Lotus while ruling out an equity sale of Proton. DRB-Hicom acquired a 42.74 per cent equity stake in...
Dated 2012-01-17 TM: More property developers to expand HSBB network nationwide KUALA LUMPUR: Telekom Malaysia Bhd (TM) targets to close high-speed broadband (HSBB) agreements with 20 developers this year, in line with the nationwide expansion of its HSBB network…… FBM KLCI closes...
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