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GOLD attempted to retest the recent record high at 1265 but stalled at 1262 due weakening strength. Last Thursday, the metal tumbled to 1196, the most since February on signs that Europe's financial industry may recover, thus curbing demand for the yellow metal as a safe haven.
IN A first-of-its-kind virtual stock trading competition that provided aspiring young traders real-life experience of cross-border trading in four major stock exchanges in Asean, Team Amazon Lily from Indonesias Universitas Kristen Petra has triumphed over teams from Malaysia, Singapore and Thailand to emerge as the overall winner of the CIMB Asean Youth Stock Challenge 2012.
The Government has revealed the various sources used in gathering information to back the methodology it has been using to determine bumiputra equity ownership.
QE3 set to boost confidence but experts warn against simply loading up on equities.
A company director told the High Court he agreed to take a loan from RHB Equities Sdn Bhd in 1997 and signed on a blank application form after being approached by a lawyer working for businessman Datuk Soh Chee Wen.
Panicked investors across Asia and Europe scrambled to exit equities, sending stock markets falling for the seventh consecutive day yesterday as fears of a global recession heightened.
KUALA LUMPUR: The Finance Minister has denied that the government’s cancellation or review of certain projects has spooked foreign investors away from the equities market.
Foreign investors have bought US$40b of mainland equities in the first nine months of the year
KUALA LUMPUR: The equities market and economic outlook in 2013 will be positive if the Barisan Nasional continued to remain in power, says investment bank JP Morgan.
The Government will strive to ensure that bumiputras own 30% of the equities in the country's share market, said Finance Ministry parliamentary secretary Datuk Dr Hilmi Yahya.