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Showing 1871-1880 of 1990
CIMB unveils 3rd promotion for product
THE CIMB group has launched the third promotion of its innovative share margin financing product which provides low interest rate charges.
LPI Capital to give record dividend of 105 sen
LPI Capital Bhd has proposed a final dividend of 55 sen and special dividend of 25 sen per share, bringing its total dividend to a record 105 sen per share for the year ended Dec 31. It had earlier paid an interim dividend of 25 sen less 28% tax.
PJD sees good times ahead with 7 new property projects
PJD aims to launch the Impian Meridian development in USJ, Selangor, and Putri Hartamas in Kulai, Johor, next month.
Yen drops to 5-week low against greenback
THE yen slid to a five-week low of 110.34 against the US dollar yesterday, from 109.89 on Thursday, amid rising concerns that an economic slowdown in China would hinder the recovery in Japan.
JP Morgan, Cazenove tie up
JP Morgan Chase Co, the ninth ranked underwriter of UK stocks, formed a joint venture with Cazenove Group Plc to improve its access to Britain's biggest companies.
Foreign business news in brief
News in brief, including from Hong Kong that Lehman Brothers Holdings Inc, a top Wall Street firm, has closed a deal to buy bad loans with a face value of roughly US$240mil from a Chinese state-run asset manager, an executive said yesterday.
KLCI surges in line with regional uptrend
THE KL Composite Index (CI) surged seven points to a two-month high of 857 yesterday, the first trading day following the tabling in Parliament last Friday of the proposed national budget for 2005, considered as neutral.
Kulim plans REITs, unit IPO
KULIM (M) Bhd will be looking at plantation REITs (real estate investment trusts) and a separate listing for its plantation unit as part of its effort to unlock the value of the group's diversified portfolio.
Ringgit falls below 3.30 against US dollar
The ringgit fell below 3.30 against the US dollar for the first time in eight months, pressured by foreign sell down on local stocks and bonds.
Mid-East investors set sights on Malaysia
FOR many years Malaysia had promoted itself without much success as the main Islamic financial centre in the region, targeting investors from the Middle East. However, following the Sept 11, 2001 attacks, Middle Eastern investors began looking for investment destinations other than London and New York, and Malaysia's efforts have started bearing fruit.
