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A difficult year ahead for Asia-Pacific financial institutions

MELBOURNE: Potentially higher interest rates, as well as volatile domestic currencies, bond markets, and property prices, would make financing conditions more difficult for Asia-Pacific financial institutions in 2019, according to S&P Global Ratings.

Indian govt sacks two Punjab National Bank execs over US$2b fraud

NEW DELHI: India has sacked two senior executives of state-run Punjab National Bank (PNB) for allegedly failing to prevent a US$2 billion fraud, two sources with direct knowledge of the matter said on Sunday, nearly a year after the country's biggest bank scam came to light.

Punjab National Bank said the government had removed K. Veera Brahmaji Rao and Sanjiv Sharan "from the office of executive director" with immediate effect.

Improved sentiment pushes FBM KLCI up

REVIEW: The consolidation phase may be brief as the investment community received yet more good news on a trade resolution.

People the biggestfactor in stock picking

AFFIN Hwang Asset Management Bhd director of equities strategy and advisory Gan Eng Peng is known for his high conviction, bottoms-up approach to stock picking that emphasises strong business models with quality management combined with the need for yearly income generation.

Gan Eng Peng, Director of Equity Strategies & Advisory, Affin Hwang Asset Management

Three banks picked for RM7.6bil Samurai bond

PUTRAJAYA: Finance Minister Lim Guan Eng will be leading a delegation to Tokyo next month to meet all relevant investors to ensure the success of the Samurai bond-raising exercise.

Miyagawa: They showed the samurai spirit and the samurais are very happy to cooperate with the Malaysians.