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Business 06 Nov 2012 | 12:00 AM

Banks, telcos under pressure as KLCI falls 14 points

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.

Business 23 Dec 2004 | 12:00 AM

Healthy earnings growth for banks

DESPITE concerns over a continued squeeze on interest margins and lacklustre loans growth rates, earnings growth for the banking sector is still projected to remain healthy at 13% for 2005 and 11.1% for 2006.

Business 23 Jun 2004 | 12:00 AM

More local banks seen tapping US dollar pipeline

MORE local banks are seen likely to follow in the footsteps of some of their peers which have in recent weeks sought to raise their Tier-2 capital by issuing US dollar-denominated subordinated bonds or notes.