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Business 29 Mar 2010 | 12:00 AM

EPF plans to increase overseas investment to 10%

KUALA LUMPUR: The Employees Provident Fund (EPF) plans to increase its overseas investment to 10 per cent over the next one to two years.

Business 29 Mar 2010 | 12:00 AM

Credit Suisse sees bullish 6% growth for M'sia

KUALA LUMPUR: Credit Suisse group is forecasting a more bullish outlook for Malaysia with a gross domestic product of 6% this year compared with Bank Negara's estimate of 5.5%.

Business 29 Mar 2010 | 12:00 AM

Dow may hit 11,000 level on rise in US employment

NEW YORK: The Dow industrials could hit 11,000 this week as investors bet the US labour market had a significant turnaround in March, showing the economic recovery is in good shape.

Business 27 Mar 2010 | 12:00 AM

Bulls expected to renew year’s high

Bursa Malaysia extended the consolidation process at the start of the week, with the benchmark FBM Kuala Lumpur Composite Index (FBM KLCI) losing 0.77 point to 1,295.83 in initial deals due to lack of buying incentives.

Business 20 Mar 2010 | 12:00 AM

Sideways consolidation


Business 19 Mar 2010 | 12:00 AM

Good start for DMA equity

KUALA LUMPUR: RHB Investment Bank Bhd, the first local broker to offer investors to place buy and sell orders directly on Bursa Malaysia via its Direct Market Access gateway for the equities market (DMA equity), has secured 10 foreign institutional clients.

Business 19 Mar 2010 | 12:00 AM

‘Private’ offer boosts Astro price

KUALA LUMPUR: As expected, Astro All Asia Networks plc's share price jumped almost 19% yesterday after its major shareholder offered to take it private at RM4.30 per share.

Business 18 Mar 2010 | 12:00 AM

Asian markets fluctuated at midday

KUALA LUMPUR: Asian markets fluctuated at midday amid concerns a rally that drove the MSCI Asia Pacific Index to a two-month high had outpaced prospects for earnings growth.

Business 16 Mar 2010 | 12:00 AM

OSK-UOB launches China-India Dynamic Growth Fund

PETALING JAYA: OSK-UOB Unit Trust Management Bhd's second fund of the year, the OSK-UOB China-India Dynamic Growth Fund, allows investors to tap into the growth prospects of the two Asian giants.

Business 15 Mar 2010 | 12:00 AM

Abu Dhabi sovereign wealth fund starts to open up

ABU DHABI, United Arab Emirates: The Abu Dhabi Investment Authority broke with its customary privacy by issuing its first yearly statement Monday, marking one of the biggest steps yet by the world's largest sovereign wealth fund to increase transparency.