NEW YORK, May 22 — US stocks rose yesterday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials’ comments eased some concerns that the central bank could start reducing its stimulus programme.
Dow component Home Depot gave the market a lift after the world’s largest home improvement chain raised its profit ... Read More
Apple CEO Tim Cook confers with staff during a break at a Senate homeland security and governmental affairs investigations subcommittee hearing in Washington, May 21, 2013. — Reuters pic
NEW YORK, May 22 — Stock markets around the world edged higher yesterday amid signs of improving growth, even though questions about monetary policy limited gains.The Dow Jones industrial average and S&P ... Read More
KUALA LUMPUR, May 21 — CIMB Group, southeast Asia’s fifth-largest bank by assets, posted a 37 per cent jump in first-quarter net profit, boosted by the sale of an insurance business, and warned of slowing ... Read More
KUALA LUMPUR, May 21 — Share prices on Bursa Malaysia closed sharply higher, with the FTSE Bursa Malaysia KLCI (FBM KLCI) advancing 10.23 points to 1,787.38, and close to the all-time-high of 1,788.43 on ... Read More
KUALA LUMPUR, May 21 — The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed higher in line with the steadier cash market, dealers said.At close, May 2013 rose ... Read More
KUALA LUMPUR, May 21 — The Employees Provident Fund (EPF), made US$1.30 billion (RM3.9 billion) in additional investment in global real estate, bonds and equities in the first quarter of 2013.The ... Read More
KUALA LUMPUR, May 21 — Short-term rates closed stable today as Bank Negara Malaysia intervened in the money market to absorb excess liquidity from the financial system.The liquidity surplus in the ... Read More
LONDON, May 21 — Brent oil futures fell towards US$104 (RM312) per barrel today on concerns that the US Federal Reserve might scale back its quantitative easing programme, which could damage fragile ... Read More
HONG KONG, May 21 — Hong Kong shares fell from a 3-1/2-month high today, hurt by a series of fund raising moves and Goldman Sachs’ exit from Industrial and Commercial Bank of China, while China markets ... Read More
MANILA, May 21 — Philippine conglomerate San Miguel Corp is willing to keep its banking arm if Malaysia’s second-largest lender, CIMB Group Holdings Bhd , walks away from a deal worth nearly US$300 ... Read More
SINGAPORE, May 21 — MediaCorp has appointed Tony Lai as its Managing Director, Experiences and Outreach, effective June 3.In a statement, MediaCorp said Lai started his career with the Singapore Tourism ... Read More
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