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WASHINGTON: The discovery of scores of graves in people-smuggling camps in Malaysia is casting a shadow over President Barack Obama's signature trade deal as US lawmakers consider punishing trading partners that are soft on human trafficking.
WITH the increasingly pessimistic outlook for the world economy weighing heavily on global financial markets, what is an investor to do? Unfortunately, there is no fool-proof way to invest, and more often than not, skills for successful investing are gained from the benefit of hindsight, says seasoned fund manager Gerald Ambrose.
WHEN news came in that the mega-banking merger had been called off, there was a round of applause among some relieved staff at RHB Capital Bhd. Over at the country’s biggest bank, Malayan Banking Bhd (Maybank), its senior officials were, ironically, left grimacing at a missed chance in what would have been a golden opportunity to strengthen its position if the merger had proceeded because its rivals would have been distracted by integration issues.
KUALA LUMPUR: Despite Parkson Holdings Bhd temporarily closing one of its stores, the 72-storey Hanoi Landmark Tower in Vietnam, AmResearch is maintaining its Buy recommendation, with fair valuation unchanged at RM3.40 for the stock which closed at RM2.50 yesterday.
GENERAL Electric (GE), the US-based multinational conglomerate, is looking at sustaining its commendable growth in the Asean region and will continue to explore more business opportunities when the Asean Economic Community (AEC) kick-starts this December.
Stocks on Bursa Malaysia are off to a rocky start in 2015. It’s a continuation of what has been happening late last year when the decline in crude oil prices and the prospects of a better economy and higher interest rates in the US meant that there was an exodus of foreign money from the local stock market.