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Business 24 Oct 2009 | 12:00 AM

Lukewarm response to stock market measures

PETALING JAYA: Market breadth of the local bourse was negative yesterday despite the unveiling of Budget 2010, although the benchmark FBM KLCI added 7.08 points, or 0.6%, to 1,267.10.

Business 22 Oct 2009 | 12:00 AM

Stocks turn lower as note on banks spooks traders

NEW YORK (AP): Spooked traders unraveled a stock market rally late Wednesday as worries mounted about banks and a jump in the price of noshade size=-1 width=70%>

Business 21 Oct 2009 | 12:00 AM

Are we better off with a stronger ringgit?

One theory why the ringgit is limping behind its regional peers is that the ringgit basket is US dollar-heavy.

Business 16 Oct 2009 | 12:00 AM

Higher EPF dividend likely

PETALING JAYA: A higher dividend may be expected from the Employees Provident Fund (EPF) this year as it recovers the bulk of its investments overseas after a 14% year-to-date improvement in the Dow Jones Industrial Average, which closed above 10,000 points on Wednesday.

Business 13 Oct 2009 | 12:00 AM

Banks may gain less from treasury

PETALING JAYA: Banks are unlikely to gain as much from their treasury activities in the second half as in the first half of the year given that the low interest rate environment will cap trading activity in the bond market.

Business 13 Oct 2009 | 12:00 AM

US stocks: Dow at new 2009 high, closer to 10,000

NEW YORK: Investors waiting for earnings reports to flow in traded cautiously Monday, giving up early gains and leaving the market narrowly mixed. The Dow Jones industrials reached a new 2009 trading high, edging closer to 10, noshade size=-1 width=50%>

Business 10 Oct 2009 | 12:00 AM

Uptrend continues

Supported by better global sentiment and macro economy.

Business 09 Oct 2009 | 12:00 AM

Oil prices fall to near US$71 in Asia trade Friday as US$ gains(update)

Oil prices fell to near US$71 a barrel Friday in Asia, giving up part of the previous day's big gains, as the U.S. dollar rebounded.

Business 08 Oct 2009 | 12:00 AM

Oil prices fall despite drop in supply

NEW YORK: Oil prices fell Wednesday as traders shrugged off an unexpected drop in crude stockpiles and focused instead on government data that showed Americans still have little appetite for more petroleum.

Business 07 Oct 2009 | 12:00 AM

Investors urged to consider currency risk exposure

KUALA LUMPUR: With more institutional investors in Asia Pacific investing globally, there is an urgent need for them to consider currency risk exposure to minimise risk and ensure sustainable returns, according to Overlay Asset Management head of currency overlay for Asia Pacific Dr Hai Xin.