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AEP Investment mulls IPO for S$1bil property assets
SINGAPORE: AEP Investment Management Pte, which invests in commercial real estate in Asia Pacific, is considering listing some of its assets through a Singapore initial public offering, people with knowledge of the matter said.
Malaysian bond selldown the most in recent times
THERE is substantial selldown in government bonds, led by foreign selling, since the aftermath of the US presidential election.
Bank Negara boosts ringgit-US dollar trading
THE onshore or domestic US dollar-ringgit trade has increased markedly ever since Bank Negara started to scrutinise currency-hedging trades and require banks to adhere to rules that were already in place where the offshore or non-deliverable forwards (NDF) trade is concerned.
Dollar outflow blues
Money going into US equities as ‘Trump tantrum’ triumphs over emerging-market assets and currencies
Palm may rise 10% before dropping on supply recovery - Mistry
NUSA DUA, Indonesia: Palm oil prices could rise 10 percent from current levels by the first quarter of 2017, before declining again as stockpiles recover, leading industry analyst Dorab Mistry said on Friday.
Short-term boost seen for palm prices before a likely reversal
NUSA DUA, Indonesia/SINGAPORE: Lower output of palm oil and tight supplies of rival soybean oil are likely to give a short-term boost to the tropical product which hit four-year highs this week, before an expected reversal late next year as production recovers
Wall Street ends at record highs; US$ loses steam
NEW YORK: Key stock indexes on Wall Street swept to record intraday and closing highs on Black Friday thanks to gains in consumer staple and technology shares, while European stocks climbed and a stabilization in U.S. Treasury yields promoted investors to sell the dollar.
European stocks limp into weekend
LONDON: European stock markets headed towards the weekend on a mixed note Friday, as Tokyo again pushed higher thanks to a weaker yen while Wall Street reopened higher after Thanksgiving.
Plantations lead market higher, CPO at Sept 2012 high
KUALA LUMPUR: Plantations helped lead the Malaysian stock market to a higher close on Friday as crude palm oil (CPO) futures rallied to the September 2012 highs of RM3,025 per tonne.