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Greece readies debt swap under bailout deal
ATHENS, Feb 23 — Greece’s parliament will endorse a debt swap with private bondholders today to help reduce the country’s debt and secure an international bailout, despite new protests against the tough terms of the deal.
The swap, in which private investors exchange their bonds for lower-value debt, will slice €100 billion (RM400.08 billion) ... Read More
US President Barack Obama, with his VP Joseph Biden (left), discusses the payroll tax cut and unemployment insurance at the White House complex in Washington, February 21, 2012. — Reuters pic Read More
New management at Proton after March, says Dr M
By Shannon Teoh
KUALA LUMPUR, Feb 23 — Proton’s current management will stay on until next month at least as the transfer of a 42.7 per cent stake to DRB-HICOM is still being processed, Tun Dr Mahathir Mohamad said ... Read MoreEuro, shares firm as oil price steadies
LONDON, Feb 23 — European shares were slightly firmer and the euro hovered near a two-week high today as investors awaited further evidence on the health of the global economy as rising oil prices add to ... Read More
Wynn tipped to kick Okada off Macau board Friday
LOS ANGELES, Feb 23 — Casino mogul Steve Wynn will convene an emergency meeting of the directors of Wynn Macau tomorrow with the goal of kicking his former friend and partner Kazuo Okada off the board, ... Read MoreWine cache rescues those short of cash
NEW YORK, Feb 23 — Some US pawnbrokers are taking liquid assets — literally.Fine wines are among the items they will accept as collateral for loans, along with family jewels and fine art, as a practice ... Read More
Petronas to add new LNG train
KUALA LUMPUR, Feb 23 — State oil company Petroliam Nasional Bhd (Petronas) said today it would add another liquid natural gas (LNG) train with a capacity of 3.6 million tonnes per annum (mtpa) to its LNG ... Read More
Analyst call Feb 23
KUALA LUMPUR, Feb 23 — This is a selection of morning calls by local research houses for the day.OSK ResearchEconomic overviewHeadline inflation remained on a downward trajectory. It rose by 2.7 per cent ... Read More
Fitch downgrades Greece on debt swap plan
ATHENS, Feb 23 — Fitch yesterday cut Greece’s long-term ratings to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a ... Read More
MITI to review incentives for domestic investors
By Lee Wei Lian
KUALA LUMPUR, Feb 23 — The Ministry of International Trade and Industry said today that it is proposing to review existing laws to allow domestic companies already in existence to access investment ... Read MoreBank Islam may assume listing status of parent, says paper
KUALA LUMPUR, Feb 23 — Bank Islam Malaysia Bhd may assume the listing status of its parent company BIMB Holdings Bhd, the Business Times said today, citing unidentified sources.BIMB, which owns 51 per ... Read MoreMore Articles
- Banks sink on European economic worry
- AirAsia sees sharp fall in 2011 net profit
- Euro zone teetering on brink of recession
- Greece rushes to pass bailout laws amid protests
- MISC reports Q3 net loss of RM1.74b
- Genting Singapore swings to profit, eyes investments
- Singapore Airlines announces finale as it phases out the jumbo jet
- Signs point to uneven economic recovery: RHB
- SE Asia Stocks: End mostly lower on Greek, oil worries
- China economy faces risk of hard landing, says government economist
- India GDP growth seen picking up in 2012/13
- Wilmar shares plunge after Q4 earnings on margin fears
- Apple shareholders to meet as stock at record high
- Wall St loses steam after Dow crosses 13,000
- Obama corporate tax plan to be unveiled today
- Johnson & Johnson CEO Weldon to step down in April
- Analyst calls for Feb 22
- Alibaba bids to take listed unit private for US$2.5b
- Apple’s China trademark battle moves to Shanghai
- Turbulent times for India’s ‘King of Good Times’
- Alibaba.com Q4 net profit down, first fall in 2 years
- SE Asia Stocks: Edge up after Greece bailout deal
- Melco interested in US$1b Manila casino project: Regulator
- Vitol’s 2011 revenues rise to nearly US$300b
- Foreign investors fear Japan banks may hijack Olympus board
- Malaysia’s Maxis up as regulators OK RM2.45b sukuk sale
- RAM assigns ratings of Al Bayan Holding
- RAM reaffirms Kenanga Investment Bank’s ratings
- Analyst call Feb 21
- MARC affirms Horizon Hills Development rating
- Stocks, euro ease as markets await Greek deal
- Bakries expect Rothschild to remain on Bumi board
- Second Greek bailout in reach, funding gap narrows
- Wal-Mart to take majority stake in China e-commerce firm
- Maxis gets nod for US$805m sukuk
- Carlsberg warns of flat beer profits in 2012
- Singapore seeks gold hub status with tax-free bullion
- SE Asia Stocks: Gain, Philippine shares at all-time high
- Malaysians still keen on buying homes but fear bubble
- Tesco launches up to US$585m Thai property fund
- Singapore’s CapitaMalls Asia buys stakes in 3 Japan malls
- China’s urban migrants hold key to domestic demand
- SPRM harus beri penjelasan mengapa tiada tindakan diambil terhadap Tajuddin Ramli
- SBPA: PKR gesa kerajaan terima syor Cuepacs
- PKR: Tindakan ketepikan KPF mengorbankan kepentingan peneroka
- Sumber BN: RCI Sabah bakal dimuktamadkan dalam masa terdekat
- Pelaburan persendirian dijangka menurun pada 2012 menurut kajian RHB
