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CGC to launch new scheme by August
Credit Guarantee Corp Malaysia Bhd (CGC) plans to launch its new guarantee scheme in mid-July or early August to capture a larger customer base in the financial institutions sector, said chief executive officer Datuk Wan Azhar Wan Ahmad.
Oil price surge threatens Asia’s growth
A FURTHER sharp rise in oil prices poses a threat to Asia's economic growth, an Asian Development Bank (ADB) senior economist said in a published report yesterday.
Benefits of stronger ringgit
With the ringgit's gradual strengthening against the greenback having been given a fair share of media coverage in recent weeks, one could ask what this development means for Malaysia, particularly from an economic or corporate point of view.
When gold is the goal
What does the rise in gold hold in store for jewellers and goldsmiths in the country?
More foreign funds expected
Comments from various analysts and others on the prospects for the ringgit and the stock market.
Gold hits 25-year high
Gold futures soared to a 25-year high of US$596.80 an ounce on the New York Mercantile Exchange on April 3, before retreating to US$590.10 during intra-day trading yesterday, as investors locked in on gains. Gold prices closed at US$586 on April 4.
Yen lends strength to region’s currencies
Asian currencies gained as the yen strengthened for a second day in Asia, boosting speculation that traders are increasing bets that regional central banks will refrain from selling their currencies to keep exports competitive.
Global-linked product by Allianz Life
Allianz Life Insurance Malaysia Bhd yesterday launched its first single premium investment-linked product which invests in international blue-chip companies.
Strong ringgit to benefit consumers and retailers
Economists say a strong ringgit could prove to be a boon for consumers and retailers alike, but differ on how much the central bank should allow interest rates to rise to cope with inflation.
Bond market jitters give pause
Wall Street is struggling to gain traction in the face of bond market jitters, leaving the short-term outlook murky for stocks, analysts say.
