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Budget 2015: What to watch for

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak will present the government's annual budget for 2015 on Oct 10. Below are some items expected by analysts, compiled from research notes and media reports.


The short position

OCTOBER is not the most auspicious of months for the stock market, is it?


Analysts believe mega bank merger could get enough votes

PETALING JAYA: Even with Bursa Malaysia barring the Employees Provident Fund (EPF) from voting for the mega banking merger involving CIMB Holdings Group Bhd, RHB Capital Bhd and Malaysian Building Society Bhd (MBSB), analysts opine there is still a possibility of securing the required threshold level of 50% plus 1 share to approve the deal, .


High-flying Arie is now No. 2

PETALING JAYA: Golfer Arie Irawan Fauzi has been going great guns over the last two months and it shows in his rankings.


Genting, Petronas Dagangan among top losers at midday

KUALA LUMPUR: Fund selling of index-linked stocks, BAT, Petronas Dagangan, Genting Bhd and HLFG dragged the FBM KLCI down nearly three points at midday on Monday.


MAHB US$1.18bil Turkish airport deal credit negative, says Moody’s

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB)’s acquisition of Istanbul Sabiha Gokcen International Airport (ISG) for RM1.18bil is credit negative, despite the rights issue financing, according to Moody’s Investors Service.


Sime Darby, KLK, MISC lead KLCI higher midday

KUALA LUMPUR: Some mild fund buying of heavyweight Sime Darby, KL Kepong and MISC helped shore up the FBM KLCI at midday on Monday while Carimin Petroleum was in focus.


Lucky Arie gets a spot in King’s Cup tourney

PETALING JAYA: Arie Irawan Fauzi was told that he has been included in the playing field for the King’s Cup, which gets under way on Thursday at the Singha Park Khon Kaen Golf Club in Thailand.


Winning is the only thing on golfer Arie’s mind

PETALING JAYA: Rising star Arie Irawan Fauzi is a golfer on a double mission when he tees off in the opening round of the PGM UMW Impian Championship at the Impian Golf and Country Club in Kajang on Wednesday.


Telekom Malaysia's dividends not affected by broadband rollout

KUALA LUMPUR: Telekom Malaysia Bhd’s dividend policy for next year would not be impacted by its capital expenditure requirements for its High Speed Broadband Phase 2 (HSBB2) rollout, according to group chief executive Officer Tan Sri Zamzamzairani Mohd Isa (pic).