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I>Finance Asia /I>magazine has singled out four Malaysian companies and a global Malaysian bond issue for the best awards in various categories for 2002.
WITH 2002 being a favourable year for world commodity markets, many plantation companies have been benefiting from the surge in crude palm oil prices. Thus, it comes as no surprise that many are putting aside a larger cash horde to reward shareholders.
YAHOO! Inc may have diversified into fee-generating services so as to reduce its reliance on advertising sales, but that does not mean the world's largest Internet portal is slowing down efforts to attract advertisers. In Malaysia, at least, it is clearly becoming more aggressive.
Global banking giant HSBC will take a 15% stake in the Bank of Communications, China#8217;s fifth largest bank, a Beijing-backed newspaper reported yesterday.