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KUALA LUMPUR: Foreign holdings of Malaysian government bonds, namely Malaysian Government Securities (MGS) and Government Investment Issue (GII), rose by RM4.4bil to RM215bil or 25% of total outstanding in March – the highest share since April 2018.
PETALING JAYA: Permodalan Nasional Bhd (PNB), the country's largest fund manager, posted a 3.4% jump in its asset under management (AUM) to RM322.6bil despite the crippling effect of the Covid-19 pandemic on the economy.
MANILA: A rout that’s made the Philippine benchmark equity gauge the worst performer in the Asia-Pacific region risks worsening in the wake of fresh virus curbs.
ZURICH: Credit Suisse Group AG unloaded about US$2.3bil (RM9.43bil) worth of stocks tied to the Archegos Capital blowup more than a week after some rivals dumped their shares and skirted losses.
KUALA LUMPUR: The local bourse trended lower for the second straight session mainly dragged by banking and plantations stocks.
KUALA LUMPUR: The domestic equities market erased its earlier gains to descend into the red amid the ongoing downside bias.
KUALA LUMPUR: Bank Islam Malaysia Bhd’s wholly-owned subsidiary, BIMB Investment Management Bhd is targeting the asset under management (AUM) subscription for its recently launched Dana Makmur myWakaf to reach RM50mil by year end.
KUALA LUMPUR: Bank Islam Malaysia Bhd’s wholly-owned subsidiary, BIMB Investment Management Bhd is targeting the asset under management (AUM) subscription for its recently launched Dana Makmur myWakaf to reach RM50 million by year end.
KUALA LUMPUR: If not for the sell-off in the rubber glove counters, stoked by the US Customs and Border Protection (CBP) last Wednesday, Malaysia could have recorded net inflow for month of March, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim.