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Business 03 Jul 2012 | 12:00 AM

Timing of election crucial for performance of the local market, say analysts

PETALING JAYA: The timing of the general election will be crucial in determining the performance of the local bourse in the second half of the year, according to research analysts.

Business 03 Jul 2012 | 12:00 AM

Tokyo rubber futures hit highest in nearly two weeks

BANGKOK: Tokyo rubber futures jumped 5% to their highest in almost two weeks in a belated response to optimism stemming from a deal by European leaders to shore up eurozone banks, but prices came off intraday highs as profit-taking set in.

Business 03 Jul 2012 | 12:00 AM

France cuts growth projection

PARIS: France will lower its economic growth forecasts for this year as part of a revised budget the government will present later this week to meet its public deficit targets, Finance Minister Pierre Moscovici said on Sunday.

Business 02 Jul 2012 | 12:00 AM

Palm oil price seen to be range bound this week

KUALA LUMPUR: The crude palm oil (CPO) futures contract is expected to remain rangebound this week amid uncertainties in Europe despite the favourable weather in the United States, dealers said.

Business 30 Jun 2012 | 12:00 AM

4 UK banks to pay for scandal

LONDON: Britain’s four biggest banks have agreed to pay compensation to customers they misled about interest rate hedging products, following an investigation by Britain’s financial regulator.

Business 30 Jun 2012 | 12:00 AM

Deleum aiming for a bigger bite

AS the oil and gas (O&G) sector in Malaysia continues to see a sustained boom in investments, with more projects in the pipeline, players are fast positioning themselves for major wins.

Business 30 Jun 2012 | 12:00 AM

Sarawak oil and gas expo to clinch RM228mil sales

LABUAN: Sarawak's Oil and Gas Exhibition 2012 (SOGEX), slated for the second week of July, is expected to clinch sales of about US$60mil during the two-day event.

Business 30 Jun 2012 | 12:00 AM

More upside in the pipeline

Bursa Malaysia’s key barometer, the FBM Kuala Lumpur Composite Index (FBM KLCI) established a new all-time high of 1,611.50 shortly after the opening bell to the week, spurred by a moderately firmer US market overnight.

Business 30 Jun 2012 | 12:00 AM

High-dividend equities preferred

KUALA LUMPUR: In an environment where the global economy is expected to “muddle through,” high-dividend equities are the favoured option for better returns and to enhance investors’ income.

Business 30 Jun 2012 | 12:00 AM

Where land is scarce, the sky’s the limit

IMPACTED by high-land cost in Penang, Ivory Properties Group Bhd will focus on building high-rise properties on the island.