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Showing 1851-1860 of 1990
India economic growth slows further
NEW DELHI: India's economy grew at its slowest pace in five quarters during the March quarter, as rising interest rates crimped consumption and investment, although the central bank is expected to continue tightening rates in its battle against inflation.
Malaysian stocks expected to stay firm this week
THE FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to stay firm this week on positive external developments and firmer commodities prices, a dealer said.
Shares pause as markets' policy hopes grow stale
TOKYO: Asian shares paused on Friday as investors took stock of a four-day rally driven by optimism, yet to be borne out by action, that authorities will soon take the steps needed to ease concerns over the euro zone's debt crisisand weak growth.
Consumer stocks among biggest gainers on Bursa
PETALING JAYA: Consumer stocks were sprinkled across the gainers list on Bursa Malaysia amid the lack of catalysts and uncertainties on the external front.
Genting shares take a beating
PETALING JAYA: Genting Bhds share price closed nine sen lower to RM8.88 after analysts turned cautious on casino-and-resort operator Genting Singapore plcs outlook following lower-than-expected second-quarter and first-half ended June 30 earnings.
Equine plans RM150mil bonds to fund project
EQUINE Capital Bhd plans to sell about RM150mil of bonds to fund an ongoing project, sources close to the deal said yesterday.
Foreign funds remain net sellers of Malaysian equities
Foreign funds continued to reduce their stakes of Malaysian equities in the week ended July 5, which was the sixth straight week but the rate of selling seemed to have abated significantly, says MIDF Equities Research.
High hopes for US Q1 profits
US corporations are set to report their best first-quarter profit growth in at least four years as rising demand and cost-cutting boost bottom lines.
Better H2 seen for Bursa
Bursa Malaysia Bhd posted a poor set of financial results for the first quarter ended March 31 on weak investor sentiment but the performance still came in within analysts' expectations.
RM9.7mil income distribution for five Avenue Invest funds
Avenue Invest Bhd (AvIB), a member of the ECM Libra Avenue Group, has announced a RM9.72mil income distribution for five of its funds.
