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KUALA LUMPPUR: Blue chips edged higher in early Thursday trade, lifted by Tenaga Nasional and Public Bank, after the two-day Chinese New Year holidays but key Asian markets were in the doldrums.
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) says its member banks have received adequate supply of banknotes for the Chinese New Year which comprise a mixture of new and fit notes.
SINGAPORE: Iron ore just won’t back down. Prices have advanced to near the highest level in more than two years as speculation of sustained Chinese demand for imports outweighs repeated warnings from analysts that the rally is overextended and will unravel.
KUALA LUMPUR: Poh Kong Holdings Bhd is on an expansion drive this year, targeting to open another three to five stores by end-2013, potentially bringing the total up to 112 stores. As at Chinese New Year, the company would have 107 stores up and running.
PETALING JAYA: Investors will be wondering if the local bourse will gather momentum in the run-up to the Chinese New Year and there will be speculation if this momentum can stretch into February on anticipation of the 13th general election, widely expected to be in mid-March.
Najib: The World Bank reports that “The Malaysian economy is progressing from a position of strength”, and we expect healthy growth next year and further reduction of the deficit, as we continue to take all steps necessary to build the nation and promote the safety, welfare and happiness of the Malaysian people.
KUALA LUMPUR: The increasingly close cooperation between China and Asean will spur more Chinese agricultural enterprises to make their foray into the region moving forward.
TOKYO, Aug 12 (Reuters) - Asian shares rose on Monday after Chinese stocks surged to a 3-1/2 week high as investors took heart from last week's encouraging data from the world's second-biggest economy, helping offset a slightly disappointing second quarter Japanese GDP report.