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Business 04 May 2013 | 4:32 PM

Eye On Stock

MALAYSIA Building Society Bhd (MBSB) hit a high of RM2.86 during intra-day session on April 19, the best level since May 1997, before slipping into correction process owing to an apparent profit-taking activity.

Business 06 May 2013 | 12:00 AM

Ringgit likely to move within narrow range

KUALA LUMPUR: The ringgit is expected to move in a tight range this week as investors will be cautious of the impact of the general election.

Business 06 May 2013 | 1:06 PM

Barron's: Facebook still worth probably no more than US$25 a share

Shares of Facebook, which were given a boost last week when the social networking company reported first quarter results that largely met analysts' expectations, may be over valued, financial newspaper Barron's said on Sunday.

Business 06 May 2013 | 1:43 PM

In new phase banking mergers and acquisitions will be at a higher price

THAT the banking sector is entering a new wave of mergers and acquisitions (M&As) would be stating the obvious. But what the new M&A phase would likely result in is new pricing benchmarks.

Business 06 May 2013 | 1:45 PM

Malaysian rubber prices are expected to be volatile this week

KUALA LUMPUR: The Malaysian rubber prices are expected to be volatile this week amid weak economic data from China and the United States, a dealer said.

Business 06 May 2013 | 1:47 PM

Tin price seen hover at US$19,700 to US$20,000

KUALA LUMPUR: Tin price on the Kuala Lumpur Tin Market (KLTM) is expected hover between US$19,700 and US$20,000 a tonne this week, dealers said.

Business 07 May 2013 | 2:18 PM

Barisan Nasional election victory to see power sector reforms continue

National power utility Tenaga Nasional Bhd (TNB) added 4.8%, or 39 sen, to RM8.17 on a hefty volume of 31.6 million shares, reaching its highest price since 2007. With the incumbent Barisan Nasional (BN) coalition retaining government, reforms in the power sector, ongoing since 2011, are set to continue.

Business 08 May 2013 | 12:00 AM

CIMB on post election high

PETALING JAYA: CIMB Group Holdings Bhd, a beneficiary of numerous Economic Transformation Programme initiatives, continued its share price rally, marked by its spike to a two-year high of RM8.65 yesterday, two days after the Barisan Nasional won the 13th general election (GE13).

Business 08 May 2013 | 1:11 PM

Malaysia-Market factors to watch on May 8 (Wednesday)

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news whichcould have an influence on the Malaysian market Wednesday. GLOBAL MARKETS-Stocks climb higher as investors chase performance

Business 08 May 2013 | 1:48 PM

M'sian, Asian, Aussie banks shine despite collapse of some Western banks

DESPITE the collapse of banks in major Western financial centres, Asian and Australian banks continue to shine.