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PETALING JAYA: Increasingly convinced by the poultry sector’s defensive nature and better margins going downstream, foreign funds are now eyeing selective poultry players.
PETALING JAYA: Foreign funds have been making a comeback to Bursa Malaysia so far this year and could benefit some familiar heavyweight counters, according to MIDF Research.
HONG KONG: China’s most valuable start-up Xiaomi Inc is financially self-sufficient and has no plans to raise new funds for now, its global vice-president said, even as it is undertaking a planned expansion in India.
WASHINGTION: Regulators remain worried about hard-to-sell assets held by high-yield bond funds as they probe whether the failure of the Third Avenue Focused Credit Fund could be repeated, a top US Securities and Exchange Commission official said.
PETALING JAYA: A Saudi Arabia minister believed that the funds that went to Prime Minister Datuk Seri Najib Tun Razak's personal account was an investment rather than a political donation.
AMSTERDAM: Rabobank Group, the Netherlands’ biggest mortgage lender, is in talks to sell home-loan packages of at least 1 billion euros (US$1.1bil) each to Dutch pension funds and insurers amid a plan to shrink and cut costs.
LONDON: Britain's biggest asset manager has removed ExxonMobil and four more companies from its 5 billion pounds ($6.3 billion) Future World Funds, and said it would vote against their chairs for failing to confront the threats posed by climate change.
KUALA LUMPUR: Foreign funds were net sellers on Bursa Malaysia at RM11.65bil or US$2.88bil since January this year, the highest since 2015 when net outflow was RM19.49bil, says MIDF Research.
KUALA LUMPUR: Foreign fund inflow is expected to improve in the coming weeks as evident by the RM123.3mil in foreign funds which came in last Thursday – the highest inflow since Nov 8.
KUALA LUMPUR: Public Mutual has declared more than RM51mil in distributions for eight of its funds for the financial year ending Sept 30, 2018.