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Prospects of banking sector likely to improve

PETALING JAYA: It’s not all bad news for the banking sector despite a challenging economic environment as positive themes could emerge in the second half of this year which could bolster the prospects of the sector.

RCE Capital continues to attract investors

PETALING JAYA: Investor interest in RCE Capital Bhd continues to build up following the release of a strong set of first quarter financial results in August.

China Dec forex reserves fall for 6th month, near $3 trillion level

BEIJING: China's foreign exchange reserves fell to near six-year lows in December, but held just above the critical $3 trillion level, as authorities stepped in to support the weakening yuan ahead of U.S. President-elect Donald Trump's inauguration.

What is obvious is obviously wrong

THE stock market tends to react in opposing tangents.

Carney’s Brexit team waiting for key player

LONDON: Mark Carney’s Brexit team is waiting for a key player just weeks away from the start of the season.

OCR set to return to the black

O&C Resources Bhd (OCR), an up-and-coming property development and construction company, set to return to the black in the coming financial year particularly with the procurement of a slew of government contracts within the past six months.

Euro zone economy starts year in chipper mood, Germany outlook bright

BERLIN: Economic sentiment in the euro zone surged to a post-crisis record in December and German industrial orders pointed to a busy final quarter for factories in Europe’s powerhouse with the government expecting the upswing to carry into 2017.

BNM records lower foreign reserves at end-2016 in US$

KUALA LUMPUR: Bank Negara Malaysia (BNM) recorded a decline in its international reserves at end-2016 to US$94.6bil in US dollar terms.

Industrial property owner GLP seeks bidders

SINGAPORE: Global Logistic Properties Ltd (GLP) has begun formally reaching out to potential bidders for the US$7.8bil industrial property owner, people with knowledge of the matter said.

Singapore set to deliver new growth map

SINGAPORE: Singapore is due to deliver a blueprint outlining strategies to boost the economy as the export-dependent nation seeks new growth engines.