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KUALA LUMPUR: Selling pressure on Bursa Malaysia rose in late afternoon trade on Monday, with consumer stocks - the recent stellar performers -- among the major losers amid a broader weaker market.
NEW YORK: JPMorgan Chase & Co, under pressure from the New York Attorney General's office, has agreed to give investors information about upcoming ballot votes, after the company that collects votes on the measures stopped giving out polling information last week.
Banks including Public Bank and Hong Leong Bank and telcos came under some selling pressure on Tuesday, dragging the FBM KLCI down 14 points at the midday break.
Hwang DBS Vickers Research (HDBSVR) expects the FBM KLCI to face renewed downward pressure on Tuesday following the weaker overnight close on Wall Street.
CIMB Equities Research expects property stocks may come under some knee-jerk selling pressure in the near term as Bank Negara Malaysia’s (BNM) move to curb consumer loans was not widely expected.
Foreign pressure on Beijing to step up its currency reforms will backfire and could complicate any changes, a deputy governor of China's central bank said in a recent interview reported by state media on Thursday.
WASHINGTON: Euro zone governments need to feel market pressure to set the right economic policy, the chairman of euro zone finance ministers Jeroen Dijsselbloem said, backing an idea of creating a sovereign debt restructuring mechanism in the euro zone.