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KUCHING:Press Metal Aluminium Holdings Bhd has proposed the issuance of Islamic medium-term notes of up to RM5bil in nominal value.KUCHING:Press Metal Aluminium Holdings Bhd has proposed the issuance of Islamic medium-term notes of up to RM5bil in nominal value.
LONDON: Egypt aims to conclude a non-financial agreement with the International Monetary Fund by October to replace a three-year loan deal that expires this month, a step that may help the country remain an attractive market for foreign investors.
WHILE not widely reported, Affin Hwang Asset Management (AM) Bhd has been in the private equity game for the last two years.
The US dollar continued to trend higher, posting a weekly gain of 0.55% to 97.9 amid the deepening US-China trade rift. China announced it will impose new tariffs on US$60bil of US imports, from June 1. But trade concerns eased slightly following President Donald Trump’s remark mid-week suggesting the door remained open on a potential US-China trade deal.
THE dollar’s strength was broad-based, supported by safe-haven play after President Donald Trump tweeted about raising current tariffs from 10% to 25% on US$200bil worth of Chinese imports and accused the Chinese of backpedalling on trade talks. However, the US dollar erased its weekly gains after April core producer prices unexpectedly edged lower to 0.1% month-on-month (m-o-m) from 0.3% m-o-m in March (consensus: 0.2%).
KUALA LUMPUR: RHB Research expects a pick up in construction activity with the resumption of the East Coast Rail Link (ECRL) and Bandar Malaysia projects will have multiplier effects while an improvement in exports growth will see the economy picking up in the second half of 2019.
KUALA LUMPUR (Bernama): The prospect of going into business after retirement may seem appealing to many people as it will keep them gainfully occupied.
AMONG the biggest and most awaited initial public offerings (IPOs) this year, Leong Hup International Bhd is likely to be valued at around 16 times its forward earnings – significantly lower than the figure initially rumoured, according to sources.
WHAT does having a debt in a company mean?
KUALA LUMPUR: UOB Asset Management (Malaysia) Bhd (UOBAM (Malaysia)) had on Wednesday launched the United-i Global Balanced Fund, its first Shariah-compliant global balanced fund.