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THE Malaysian bond market is gradually entering a buoyant cycle and institutional investors should look to the domestic bond market for capital gains opportunities, particularly bonds with credit ratings lower than the AAA issues such as AA or single-A corporate bonds.
THE Aussie dollar leapt to a 40-month high of 65.69 US cents against the US dollar, thanks to rising pressure on the greenback following US Treasury Secretary John Snow's comment that the long-standing strong dollar policy did not imply any view about the exchange rate.
MALAYSIA is the fourth most competitive among nations with populations of more than 20 million, according to an annual survey released yesterday by the IMD business school in Lausanne, Switzerland, and quoted in an I>Associated Press /I>report.
OCBC Bank (M) Bhd, one of the largest foreign banks in the country, has unveiled its latest home loan package, I>Group Discount/Ischeme for house buyers who are looking for a further discount on their first year of interest rate on the bank's already competitive home loan rates.