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KUALA LUMPUR: Credit Suisse has appointed Helman Sitohang as its Head of the Investment Bank for Asia Pacific, in addition to his current responsibilities as chief executive officer for Southeast Asia.
NEW YORK: Volatility is the name of this game.
HONG KONG: Foreign investors have started rebuilding their China equity portfolios, tempted by low valuations after two years of market underperformance and signs economic growth may be stabilizing.
WASHINGTON (Reuters) - Four months into his term, U.S. Secretary of State John Kerry is trying, simultaneously, to end two of the world's most intractable conflicts: the Syrian civil war and the struggle between Israel and the Palestinians.
KUALA LUMPUR: After the recent sell out, local investors are likely to remain on the sidelines until after the general elections (GE13).
KUALA LUMPUR: CIMB Group Holdings Bhd, Malaysia's second largest financial services provider, has strengthened its presence in Hong Kong following the launch of its investment banking operations.
Hwang DBS Vickers Research expects the Malaysian stock market to likely lag its regional peers on Friday after the disappointing day on Thursday.
NEW YORK: Volatility is the name of this game. With the SP 500 above 1,400 following five days of gains, traders will be hard pressed not to cash in on the advance at the first sign of trouble during negotiations over tax hikes and spending cuts that resume next week in Washington.
Hwang DBS Vickers Research (HDBSVR) expects investors' sentiment will likely get a lift after key US stock indices rose between 0.7% and 0.8% at the closing bell on the back of a better retail sales report.
Malaysian blue chips were in the red at midday on Monday, dragged down by BAT, CIMB and DiGi as local investors decided to stay on the sidelines while the selling could be mostly by foreign funds.