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'Buy' call on OCK, Gabungan, RHB Bank and Malayan Cement
RHB Research is maintaining a “buy” call on OCK Group with a target price of RM0.75, which is an 28% upside, as the group remains confident in sealing the towerco divestment deal soon
Indonesia readies rescue plan for scandal-hit state insurer
JAKARTA: Indonesian authorities are weighing the induction of a strategic investor into a unit of the nation’s oldest insurer that’s on the brink of collapse after alleged fund mismanagement left a US$2bil hole in its books. PT Asuransi Jiwasraya has submitted a restructuring proposal to the Financial Services Authority.
China proxies bear brunt of investor concerns on virus
SYDNEY/TOKYO: Stock and currency markets in Thailand, South Korea and Australia are bearing the brunt of investors' scramble to hedge the mounting risks from a new viral outbreak in China during a long holiday on the mainland.
How traders trapped by China holidays hedge virus risk
THIS is a nerve-wracking week for global investors with exposure to Chinese assets: the country’s markets are closed for the Lunar New Year, leaving them unable to hedge risks arising from the coronavirus epidemic.
Indonesia readies plan to save scandal-hit insurer from collapse
JAKARTA: Indonesian authorities are weighing the induction of a strategic investor into a unit of the nation’s oldest insurer that’s on the brink of collapse after alleged fund mismanagement left a $2 billion hole in its books.
Stable outlook for RHB Bank, corporate lending to pick up
KUALA LUMPUR: Maybank Investment Bank Research says RHB Bank’s operational performance to date has been decent and it expects the momentum to continue amid stable operating parameters.
U.S. Supreme Court lets hardline Trump immigration policy take effect
WASHINGTON (Reuters) - The U.S. Supreme Court gave the go-ahead on Monday for one of President Donald Trump's hardline immigration policies, allowing his administration to implement a rule denying legal permanent residency to certain immigrants deemed likely to require government assistance in the future.
To train more workers, companies turn to virtual reality
The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through.
Stock rally faces major test as China virus spreads
NEW YORK: The latest rally in U.S. stocks is facing a serious test, as the S&P 500 heads toward its worst loss in months on concerns over how the coronavirus will impact the global economy.
Survey: US labour market may have peaked
WASHINGTON: There is an even balance in the share of US businesses reporting decreases and increases in employment for the first time in a decade, a survey showed, the latest suggestion that the labour market has likely peaked and job growth could slow this year.