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Hong Kong's stock exchange, Asia's largest listed bourse, is expected to post its best-ever quarterly net profit thanks to unprecedented turnover and equity fundraising as investors chased robust growth in China.
LPI Capital has achieved a pre-tax profit of RM77.5mil for the financial year ended Dec 31, 2004, up 78% from RM43.6mil the year before. Net profit improved by 57% to RM55.5mil from RM35.3mil previously.
Tune PETALING JAYA: Tune Ins Holdings Bhd’s net profit for the second quarter ended June 30 declined by 12% to RM14.35mil from RM16.31mil a year earlier mainly due to an increase in staff costs and higher provision for the share of Malaysian Motor Insurance Pool (MMIP).
BERLIN (Reuters) - The European Union's five largest economies have agreed to deepen their cooperation on fighting tax evasion and expect other member states to join their initiative, the German finance ministry said on Tuesday.