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Business

CIMB sees good harvest from product

KUALA LUMPUR: CIMB Islamic Bank Bhd, a unit of the CIMB Group Holdings Bhd, expects RM300mil from its new Islamic structured deposit product, Best of Asian Giants Access NID-i.

Business

CIMB Islamic aims to raise RM300mil from new product

KUALA LUMPUR: CIMB Islamic, the global Islamic banking arm of CIMB Group, expects to raise RM300 million from its new structured deposit product,the Best of Asian Giants Access NID-i by February.

Business

Global markets fall as China starts tightening policy

HONG KONG: Stocks and commodities fell in Asia yesterday after China's surprise hike of banks' reserve requirements sparked investor concerns that the move could slow China's purchases of natural resources and other imported goods from Asia.

Business

Broad issues concerning global economy

Government policies will determine if theworld will recover convincingly.

Business

Asian markets mostly down at midday

KUALA LUMPUR: Asian stocks fell, led by financial companies, on expectations the US Federal Reserve will raise interest rates next year and after Hong Kong's central bank said the city is at risk of 'sharp corrections' in asset prices.

Business

Where’s the money going?

As business and commerce began to recover, investors may want to know where to put their money, especially since uncertainty in the form of job losses and the size of fiscal deficits continue to haunt the more advanced economies.

Business

Asian markets continue to fluctuate at midday

KUALA LUMPUR: Asian stocks fluctuated as share-sale concerns and the dollar's slump to a 14-year low against the yen overshadowed advances by commodity and technology companies.

Business

The rise of emerging markets

Developing countries are chief contributors to global growth.

Business

Analysts: GDP growth of 3.2% for M'sia achievable

PETALING JAYA: Malaysia's estimated gross domestic product (GDP) growth of 3.2% for 2010 by the Government is achievable despite the potential double dip looming over a recovering global economy in the first half of next year.

Business

Asian markets mostly down at midday

KUALA LUMPUR: Most Asian stocks fell as declines by Japanese drugmakers countered advances among mining companies and automakers.