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CORRECTED - G20 faces credibility test on markets
PITTSBURGH (Reuters) - The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.
CIMB offers new structured product
KUALA LUMPUR: CIMB Group expects its latest structured product, the Greater China and Commodities Income Protected Plus-i, which has a subscription limit of RM300mil, to be fully taken up before its offer period ends on Sept 25.
Asian stocks remain in negative territory
KUALA LUMPUR: Asian stocks remained in negative territory on Wednesday midday trade giving the MSCI Asia Pacific Index its biggest drop in two weeks.
Asia stocks advance on China earnings, US report
SYDNEY: Asian stocks advanced, lifting the MSCI Asia Pacific Index to a two-week high, as Chinese companies increased earnings and a US consumer confidence report beat economists' estimates.
World stocks at 10-month high on optimism
LONDON: World stocks powered to a 10-month high yesterday and oil rallied after last week's upbeat US housing data and optimistic comments from the world's key central bankers prompted investors to buy risky assets.
Cut out greed and excessive speculation
FINANCIAL and economic news is surely laying a positive flavour pretty thickly of late.
What is the next hurdle for global markets?
LONDON: In this context, the outcome of this week's United States Federal Reserve's monetary policy meeting will be crucial.
FBM KLCI ends lower on profit-taking
Shares on Bursa Malaysia ended the day lower after a gain in morning trade due to profit-taking activities.
Fund managers optimistic over longer term
ASIAN equity markets look more promising over the longer term but short-term indicators and macroeconomic fundamentals will need to be firmer first before regional bourses start to make a more sustainable climb, fund managers and analysts said.
Second half 2009 market analysis and investing ideas
Since March 9, there has been an impressive rally in the equities market with Asian bourses predominantly outperforming global equities.