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PETALING JAYA: A higher dividend may be expected from the Employees Provident Fund (EPF) this year as it recovers the bulk of its investments overseas after a 14% year-to-date improvement in the Dow Jones Industrial Average, which closed above 10,000 points on Wednesday.
NEW YORK: Investors waiting for earnings reports to flow in traded cautiously Monday, giving up early gains and leaving the market narrowly mixed. The Dow Jones industrials reached a new 2009 trading high, edging closer to 10,000.hr noshade size=-1 width=50%>
Oil prices fell to near US$71 a barrel Friday in Asia, giving up part of the previous day's big gains, as the U.S. dollar rebounded.
KUALA LUMPUR: With more institutional investors in Asia Pacific investing globally, there is an urgent need for them to consider currency risk exposure to minimise risk and ensure sustainable returns, according to Overlay Asset Management head of currency overlay for Asia Pacific Dr Hai Xin.
KUALA LUMPUR: Oil prices rose above $71 a barrel Wednesday in Asia as increased optimism about a global economic recovery boosted expectations that crude demand will grow.