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The Malaysian Automotive Association (MAA) expects new vehicle sales this year to exceed the revised forecast it made in July based on the better-than-expected figures for the first 11 months.
Japan#8217;s second biggest bank, Mitsubishi Tokyo Financial Group (MTFG), formally offered US$29bil for fourth ranked lender UFJ Holdings yesterday, ending months of silence over the terms of its bid to create the world#8217;s biggest banking group.
Stocks skidded Monday as investors, concerned about rising prices and the threat of inflation, took profits after last week's three-day rally.