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A BUOYANT Asian bond market, the development of which Malaysia supports, will increase foreign interest in and push growth of the country's fledgling domestic market for debt securities, said Dr Nik Ramlah Mahmood, director of the Securities Commission's (SC) market policy and development division.
MALAYAN Banking Bhd (Maybank) posted a net profit of RM1.09bil for the first half of its financial year ended June 2004, up 32% from RM831mil in the corresponding period before.
WE round up our CEO Outlook 2004 series featuring five CEOs from a broad spectrum of business - property development, engineering, education, biotechnology and unit trusts.
US investment banks Morgan Stanley and Lehman Brothers Holdings Inc have reported third-quarter profits that were more than double those a year ago, while earnings at rival Goldman Sachs Group Inc increased more modestly as revenue from bond trading fell sharply.
Tokyo's benchmark stock index rose more than 3 percent Monday to close at its highest point in over a year after encouraging U.S. economic reports sparked hopes of an economic turnaround.