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Trading ideas: Tenaga, Protasco, Muhibbah, Asia Knight

KUALA LUMPUR: JF Apex Research expects Tenaga Nasional, Protasco, Muhibbah Engineering and Asia Knight to see trading interest on Monday.


Dollar climbs on yen, BOJ passes baton to ECB

SYDNEY: The US dollar touched seven-year peaks versus the yen on Monday as markets basked in the afterglow of the Bank of Japan's surprise stimulus push and looked forward to at least a hint of fresh action from European policy makers this week.


Authorities open criminal investigations on American Realty Capital

NEW YORK: US authorities have opened a criminal probe of American Realty Capital Properties in the wake of the real estate investment trust's disclosure that it had uncovered accounting errors, two sources familiar with the matter said on Friday.


Wall St Week Ahead-Unknown election outcome is stocks' big fear

NEW YORK: A handful of toss-up U.S. Senate races next week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility.

Corporate News

Jho Low back in the limelight

Jynwel Capital involved in corporate deals worth more than RM22bil outside Malaysia in the last three years.


Disappointing Starbucks Americas sales

LOS ANGELES: Starbucks Corp’s early relaunch of its popular Pumpkin Spice latte drink failed to heat up business at its US cafes, disappointing Wall Street and sending the company’s shares down almost 5%.


Early business dealings

LOW Teik Jho, or better known as Jho Low (pic), became a noticeable figure in the Malaysian corporate scene when investments from Abu Dhabi in the United Arab Emirates started to make their way to the local shores.


Firm evaluates ‘unique’ investments globally

A spokesperson for Jynwel Capital and the Low family responds to StarBizWeek’s questions:


Global need – in search of growth

IT’S already six years since the Great Recession. Yet the world economy remains stuck in the doldrums – set on a course that is uncertain and unsustainable.


Correction looms

REVIEW: As expected, Bursa Malaysia started out the new week on a solid platform, with the FBM Kuala Lumpur Composite Index (FBM KLCI) rising 2.96 points to 1,821.82 in early deals amid follow-through buying.