BURSA MALAYSIA: Share Prices End Lower - Bernama - (16 May 2012)

BURSA MALAYSIA: Share Prices End Lower Bernama KUALA LUMPUR, May 16 (Bernama) -- Share prices on Bursa Malaysia ended lower today, for the third consecutive day, due to weak sentiment amid persistent worries over the global economy, analysts said. The FTSE Bursa Malaysia KLCI (FBM KLCI) ended 25.03 ... FBM KLCI stages technical pullback Business Times - Malaysia Weaker external sentiment to weigh down M'sian market this week Malaysia Star all 51 news articles »

Bursa Malaysia Lower At Midday - Bernama - (15 May 2012)

Bursa Malaysia Lower At Midday Bernama KUALA LUMPUR, May 16 (Bernama) -- Share prices on Bursa Malaysia ended the morning session lower today, extending its three-day cumulative losses of 27.0-point or 1.7 per cent, analyst said. At 12.30pm, the FBM KLCI fell 14.71 points to 1546.36 after ...

BURSA MALAYSIA: Share Prices Open Lower On Regional Market Weaknesses - Bernama - (15 May 2012)

BURSA MALAYSIA: Share Prices Open Lower On Regional Market Weaknesses Bernama KUALA LUMPUR, May 16 (Bernama) -- Share prices on Bursa Malaysia extended losses for the third consecutive day Wednesday, reflecting regional market weaknesses, as Europe's economy is in deep trouble, an analyst said. After 35 minutes of trading, ...

Algorithmic trading option to be available to investors - Malaysia Star - (14 May 2012)

Malaysia Star

Algorithmic trading option to be available to investors Malaysia Star By DANIEL KHOO KUALA LUMPUR: Algorithmic trading (algo trading), a tool used by institutional investors mostly in the western financial markets, will be an option to investors trading shares on Bursa Malaysia. Bursa Malaysia requires all stockbroking ... and more »

KL shares end lower on external woes - The Sun Daily - (11 May 2012)

Malaysia Star

KL shares end lower on external woes The Sun Daily KUALA LUMPUR (May 11, 2012): Share prices on Bursa Malaysia ended broadly lower today in line with bearish regional markets as investors shied away from riskier markets due to external woes, dealers said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ... KL shares end higher on technical rebound Free Malaysia Today all 34 news articles »

BURSA MALAYSIA: KL Shares Rebound At Close - Bernama - (10 May 2012)

BURSA MALAYSIA: KL Shares Rebound At Close Bernama KUALA LUMPUR, May 10 (Bernama) -- Share prices on Bursa Malaysia rebounded at the close Thursday on renewed buying interest in bluechip counters despite the negative sentiment on most regional markets, dealers said. At 5pm, the FTSE Bursa Malaysia KLCI ... and more »

BURSA MALAYSIA: Share Prices End Lower Midday - Bernama - (8 May 2012)

BURSA MALAYSIA: Share Prices End Lower Midday Bernama KUALA LUMPUR, May 9 (Bernama) -- Share prices on Bursa Malaysia ended the morning session broadly lower prompted by profit taking activities, dealers said. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) recorded a drop of 2.82 points to 1587.78, ... and more »

BURSA MALAYSIA: KL Shares End Higher On Technical Rebound - Bernama - (8 May 2012)

Malaysia Chronicle

BURSA MALAYSIA: KL Shares End Higher On Technical Rebound Bernama KUALA LUMPUR, May 8 (Bernama) -- Share prices on Bursa Malaysia finished better Tuesday on a technical rebound in tandem with the recovery in regional riskier assets from yesterday's losses, dealers said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ... KL shares end lower on external woes Free Malaysia Today all 25 news articles »

BURSA MALAYSIA: Shares To Trend Lower Next Week - Bernama - (4 May 2012)

BURSA MALAYSIA: Shares To Trend Lower Next Week Bernama KUALA LUMPUR, May 5 (Bernama) -- Share prices on Bursa Malaysia are likely to trade lower next week given the mixed asset classes performance and as traders remain cautious ahead of many possible headline risks, analysts said. and more »

BURSA MALAYSIA: Share Prices Close Mixed, CI Up 0.05 Per Cent - Bernama - (3 May 2012)

BURSA MALAYSIA: Share Prices Close Mixed, CI Up 0.05 Per Cent Bernama By Mohd Iswandi Kasan Anuar KUALA LUMPUR, May 3 (Bernama) -- Share prices on Bursa Malaysia closed mixed Thursday due to the lack of direction, which kept the market quiet throughout the trading day, dealers said. At 5 pm, the FTSE Bursa Malaysia KLCI ... BURSA MALAYSIA: Share prices lower in early trade *new! The Borneo Post Share prices close firmer, CI ends at intra-day high of 1582.39 Free Malaysia Today all 27 news articles »

BSN Records Net Income Of RM1.032 Billion - ()

KUALA LUMPUR, May 16 (Bernama) -- Bank Simpanan Nasional (BSN) has posted a higher net income of RM1.032 billion for its financial year ended Dec 31, 2011 compared to RM968 million in the same period previously.

HSBC Still Sees Many Opportunities In Malaysia - ()

KUALA LUMPUR, May 16 (Bernama) -- HSBC, one of the world's largest banking and financial services organisations, says it has yet to fully penerate the Malaysian market.

Growing Profitability Of Islamic Wealth Management To Be Discussed At KL Conference - ()

KUALA LUMPUR, May 15 (Bernama) -- Building wealth through Islamic investment instruments will be among issues to be discussed at the 2nd Islamic Financial Planning and Wealth Management Conference here next week.

Asia In Better Position To Face Global Volatility - Zeti - ()

KUALA LUMPUR, May 14 (Bernama) -- Asian financial institutions are in a better position to face rising volatility in the global financial market, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said.

MIDF Maintains 'Neutral' Call On MBSB Due To Limited Upside Potential - ()

KUALA LUMPUR, May 14 (Bernama) -- MIDF Research Sdn Bhd has maintained its "neutral" call on the Malaysia Building Society Bhd (MBSB) due to the limited upside potential from the current share price.

Moody's Positive Of CIMB Bank's Acquisition Plan - ()

KUALA LUMPUR, May 14 (Bernama) -- Moody's Weekly Credit Outlook has described CIMB Bank Bhd's plan to acquire a 59.98 per cent stake in the Philippines Bank of Commerce as a positive move.

Exim Bank Malaysia Targets RM1.5 Billion Loan Disbursement - ()

KUALA LUMPUR, May 14 (Bernama) -- Exim Bank Malaysia has set a target to disburse loans totaling RM1.5 billion this year.

JICA, IBFIM To Conduct Islamic Banking, Finance Training For Palestinians - ()

KUALA LUMPUR, May 14 (Bernama) -- The Japan International Cooperation Agency (JICA) and the Islamic Banking and Finance Institute Malaysia (IBFIM) will conduct an Islamic Banking and Finance Training for Palestinians.

BNM May Keep OPR At 3 Per Cent Until End Of This Year, Say Economists - ()

By Norsyafawati Ab Wahab

KUALA LUMPUR, May 11 (Bernama)-- Bank Negara Malaysia (BNM) will likely maintain the overnight policy rate (OPR) at 3.00 per cent for the remainder of 2012, say economists.

BNM Retains OPR At Three Per Cent For Sixth Time - ()

KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia retained its Overnight Policy Rate (OPR) at three per cent for the sixth time, at its Monetary Policy Committee (MPC) meeting here Friday.

Trade Settlement Using Renminbi To Increase This Year, Says HSBC Bank China - ()

KUALA LUMPUR, May 11 (Bernama) -- Trade settlement using the Chinese renminbi is expected to increase to 20 per cent of China's total trade volume this year from about nine per cent in 2011, HSBC Bank (China) Company Ltd said.

IDB To Issue Around US$750 Million - US$1 Billion Sukuk - ()

By Nor Baizura Basri and Amanina Mohamad Yusof

KUALA LUMPUR, May 10 (Bernama) -- The Islamic Development Bank (IDB) is likely to raise around US$750 million - US$1 billion through a sukuk issuance to finance projects for its member countries.

CIMB Bank Relocates Commercial Banking Centre - ()

KUALA LUMPUR, May 10 (Bernama) -- CIMB Bank recently relocated its commercial banking centre from Jalan Barat to Wisma BU8, Petaling Jaya, to cater for promising growth in its commercial banking activities.

Malaysia Agrees To Be Part Of IDB Joint Monitoring Committee - ()

KUALA LUMPUR, May 10 (Bernama) -- Malaysia have agreed to be part of the Islamic Development Bank (IDB) joint monitoring committee to monitor the implementation of partnership between Malaysia and IDB member countries, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

Latar Expressway - A Good Example Of IDB Financing In S.E.A Region - ()

KUALA LUMPUR, May 9 (Bernama) -- LATAR Expressway, linking Kuala Lumpur via Templer's Park and Kuala Selangor in 20 minutes, has been considered a good example of the Islamic Development Bank's (IDB) financing for major infrastructure projects in the Southeast Asia region.

Bank Negara's International Reserves At RM416.9 Billion As At April 30 - ()

KUALA LUMPUR, May 8 (Bernama) -- Bank Negara Malaysia's international reserves amounted to RM416.9 billion (equivalent to US$135.9 billion) as at April 30.

CIMB Acquires Philippines' Bank Of Commerce For RM881 Million - ()

KUALA LUMPUR, May 8 (Bernama) -- CIMB Group Holdings today announced the acquisition of 60 per cent of Bank of Commerce (BoC) of the Philippines for RM881 million.

Bank Islam To Open 12 New Branches By Year-end - ()

KUALA LUMPUR, May 8 (Bernama) -- BIMB Holdings Bhd, which owns 51 per cent of Bank Islam Malaysia Bhd, plans to open 12 new Bank Islam branches by year-end.

Indonesia's Syariah Banking Sector Grows 40.2 Per Cent A Year - ()

By Ahmad Fuad Yahya

JAKARTA, May 7 (Bernama) -- Indonesia's syariah banking sector has been growing 40.2 per cent annually over the last five years, outpacing conventional banking's annual growth of 16.7 per cent over the same period.

RHB Bank Expects Loan Growth Of 10-12 Per Cent This Year - ()

KUALA LUMPUR, May 7 (Bernama) -- Despite the Eurozone economic uncertainties, RHB bank Bhd still foresees growth in its loan sector.

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Establishment Of KMTF To Benefit Malaysian Financial Industry - ()

KUALA LUMPUR, May 3 (Bernama) -- The establishment of the Knowledge Management Task Force (KMTF) will benefit the Malaysian financial services industry, said its chairman, Khadijah Abdullah.

Malaysian Affluents Aggressive In Growing Wealth, Stanchart Study Says - ()

KUALA LUMPUR, May 3 (Bernama) -- Seventy-five per cent affluent Malaysians are ambitious and aggressive in growing their wealth to close to US$4 million in 10 years, according to a study by Standard Chartered Bank.

Banks Must Ensure Individuals Have Capability To Settle Loans Or Credit Facilities - ()

KUALA LUMPUR, May 2 (Bernama) -- Financial institutions must ensure that individuals have the means to settle credit facilities within the allocated time frame, the Dewan Negara was told Wednesday.

Malaysia's Royal Award For Islamic Finance Calls For Global Nominations - ()

KUALA LUMPUR, May 2 (Bernama) -- Malaysia's Royal Award for Islamic Finance (The Royal Award) continues its global search to honour an exceptional individual in the field of Islamic finance, with the opening of nominations.

Malaysia's First Bond And Equity ETF Declare Income Distributions - ()

KUALA LUMPUR, May 2 (Bernama) -- Malaysia's first exchange-traded funds(ETF), the FTSE Bursa Malaysia KLCI etf (FBM KLCI etf) and ABF Malaysia Bond Index Fund, have respectively declared final income distributions of 1.8 sen and 1.75 sen per unit for the financial year ended Dec 31, 2011.

TA Investment Declares One Sen Per Unit Gross Income Distribution For TA Dana Fokus - ()

KUALA LUMPUR, May 2 (Bernama) -- TA Investment Management Bhd (TAIM) has declared a one sen per unit gross income distribution for Dana Fokus (TADF) unitholders for the fund as at April 30, 2012.

Maybank Singapore Launches Maybank MU Platinum Visa Card - ()

SINGAPORE, April 30 (Bernama) -- Maybank Singapore today celebrated the official launch of the Maybank Manchester United Platinum Visa Card with an exclusive meet-and-greet event for cardmembers.

SC Receives 19 Corporate Proposals In 1st Half 2012 - ()

KUALA LUMPUR, April 30 (Bernama) -- The Securities Commission (SC) received a total of 19 corporate proposals in the first quarter (Q1) of this year as compared to 41 proposals in the fourth quarter (Q4) 2011.

BII Records 76 Per Cent Increase In Pre-tax Profit For Q1 - ()

KUALA LUMPUR, April 30 (Bernama) -- PT Bank Internasional Indonesia Tbk (BII) today announced pre-tax profit of Rp380 billion (Rp1,000=33sen) for the first quarter ended March 31, 2012, up 76 per cent from the same quarter in 2011.

World Bank MD Urges Islamic Finance Standardisation - ()

KUALA LUMPUR, April 30 (Bernama) -- Lack of standardisation and cohesion in Islamic finance, especially in sukuk products, hinders the growth potential of the industry and deprives the market of an organised structure to facilitate secondary trading and liquidity.

Financial Institutions Told To Be Aware Of New US Treasury & IRS FATCA Regulations - ()

KUALA LUMPUR, Feb 10 (Bernama) -- Financial institutions in Malaysia should make an impact assessment following the release of the proposed Foreign Account Tax Compliance Act (FATCA) regulations, say tax officials.

BIMB Still Eyeing Expansion Opportunities In Indonesia - ()

KUALA LUMPUR, Feb 10 (Bernama) -- Bank Islam Malaysia Bhd (BIMB) is still eyeing for opportunities to expand in Indonesia, preferably via a strategic tie-ups with bigger network rather than on acquiring a smaller bank.

HSBC Group Pleased With Progress In Malaysia - ()

KUALA LUMPUR, Feb 10 (Bernama) -- The HSBC Group which is in the midst of a global business restructuring, is pleased with the progress its operations in Malaysia.

World Bank Urges African Leaders To Challenge AU On Trading Changes - ()

ACCRA, Feb 10 (BERNAMA-NNN-GNA) -- The World Bank has called on African leaders scheduled to attend a regional integration summit in Ethiopia to challenge the African Union (AU) to pursue changes to escape the current straightjacket of trade fragmentation.

OSK More Optimistic On Outlook Of CIMB Group - ()

KUALA LUMPUR, Feb 10 (Bernama) -- OSK Research Sdn Bhd is more optimistic on the outlook of CIMB Group Holdings Bhd although its share price has lagged both the market and its peers over the past months.

Malaysia Benefited From Participation Of Japanese Financial Institutions - ()

KUALA LUMPUR, Feb 9 (Bernama) -- Malaysia has benefited from the participation of Japanese financial institutions in both the domestic financial sector and the Labuan International Business and Financial Centre.

Bursa Expects To Sustain Financial Performance - ()

KUALA LUMPUR, Feb 9 (Bernama) -- Bursa Malaysia Bhd expects this year's financial performance to equal that of 2011, driven by the ongoing economic reforms as well as divestment of assets by some government-linked companies.

Audit Done In Accordance With International Standard: Ambrin - ()

KOTA KINABALU, Feb 9 (Bernama) -- The National Audit Department carries its audit in accordance with international standards without prejudice to any party, Auditor-General Tan Sri Ambrin Buang said.

LTAT Declares 15 Percent Dividend And Bonus For Members - ()

KUALA LUMPUR, Feb 8 (Bernama) -- The Armed Forces Fund Board (LTAT) declared a 15 percent dividend and bonus for the year ended 2011 compared with 14 percent in 2010.

Maybank Singapore Offers Companies Free Option To Brand Business Credit Card - ()

SINGAPORE, Feb 8 (Bernama) -- Maybank Singapore has relaunched the Maybank Business Platinum MasterCard, becoming the first bank to include an option for companies to feature their company logo and name on a business credit card.