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China set to become more important FDI source - (8 Sep 2010)

XIAMEN (China): China will become an increasingly important source of foreign direct investment, according to Deloitte Touche Tohmatsu.

"I think that's where we are in the life cycl

Tocom gears for longer trading time - (8 Sep 2010)

TOKYO: The Tokyo Commodity Exchange (Tocom) aims to boost trading volume by around 10 per cent when it extends trading hours on September 21, which it hopes will attract more individual investo

China, India top investment draws - (8 Sep 2010)

GENEVA: The world's biggest companies are planning to boost their international investments over the next two or three years, with most spending planned in major emerging economies, according t

* Tanjung Offshore Price Target Raised MYR1.60 From MYR1.40 By HwangDBS - (7 Sep 2010)

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* Petra Perdana Target Cut To MYR1.21 From MYR1.77 By OSK Research - (7 Sep 2010)

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= UPDATE: US Small-Cap Stocks Post First Drop In Five Sessions - (7 Sep 2010)

(Updates with additional company information, beginning in the 13th paragraph.) By Kristina Peterson Of Updated NEWSWIRES NEW YORK (Updated)--U.S. small-capitalization stocks sank Tuesday as renewed concerns over the global fi

ECM Libra Maintains AirAsia At Buy;MYR2.32 Target - (7 Sep 2010)

[Updated] STOCK CALL: ECM Libra Research maintains Buy on AirAsia (5099.KU) as house expects better 2H performance on higher load factors, ancillary income and increased capacity. Also expects higher traffic volume in 2H due to increased travel during festivals; "Forward bookings for September and

CIMB Keeps Latexx As Outperform; MYR5.44 Target - (7 Sep 2010)

[Updated] STOCK CALL: CIMB Research keeps Latexx (7064.KU) as Outperform with MYR5.44 target based on 11.6X PE or 30% discount to peer Top Glove's target PE of 16.5X. "We believe that industry prospects for rubber glove remain favourable and Latexx is one of the key winners," says CIMB. House remain

= MARKET COMMENT: Banks Weigh On European Stock Markets - (7 Sep 2010)

By Simon Kennedy LONDON (Updated)--European stock markets snapped their recent winning streak to close lower Tuesday, weighed down by losses in the banking and commodities sectors. The Stoxx Europe 600 Index shed 0.5% to 259.76 points.

BEFORE THE BELL -2: US HOT STOCKS TO WATCH - (7 Sep 2010)

Among the companies whose shares are expected to actively trade in Tuesday's session are Oracle Corp. (ORCL), Barclays PLC (BCS) and Casey's General Stores Inc. (CASY). Oracle announced Monday night that Mark Hurd would join the softwar

OSK Cuts Petra Perdana To Neutral, Lowers Target - (7 Sep 2010)

[Updated] STOCK CALL: OSK Research cuts Petra Perdana (7108.KU) to Neutral from Buy, cuts target to MYR1.21 from MYR1.77. Prospects for 3Q, 4Q remain unexciting as company continues to be hurt by poor vessel utilisation says house; adds, company even chartering out some vessels at a small loss to av

= Asian Shares End Mixed; Tokyo Snaps 4-Session Winning Streak - (7 Sep 2010)

SINGAPORE (Updated)--Asian stock markets ended mixed Tuesday as exporters helped Japanese shares snap a four-day rally on renewed worries about the yen's strength, while steel makers climbed around the region on expectations for higher Chinese steel price

Asia a key focus for BA - (7 Sep 2010)

LONDON/MADRID: British Airways and Iberia have drawn up a shopping list of 12 airlines as they look to embark on a spending spree once their merger completes, with Asia seen as a key focus for

Naza still in talks with GM - (7 Sep 2010)

PETALING JAYA: The Naza group of companies is still negotiating with General Motors Corp (GM) on the possibility of setting up an assembly plant in Malaysia and making the country the regional hub for selected Chevrolet models.

TM decides to sell Measat shares for RM252.1mil - (7 Sep 2010)

PETALING JAYA: Telekom Malaysia Bhd (TM) has decided to accept the general offer (GO) for Measat Global Bhd at RM4.20 a share.

Naza aims to locally assemble Chevrolets - (7 Sep 2010)

AUTOMOTIVE group Naza, which is in talks with US giant General Motors (GM) to produce Chevrolet cars in Malaysia, aims to sell between 35,000 and 45,000 units by 2015.

Since March, its unit Na

CLSA analysts see Bursa on cusp of 'golden era' - (7 Sep 2010)

The Philippine Stock Exchange Index is testing its record high reached on October 8 2007, after fluctuating between support at 975 to 1,075 and resistance at 3,447 to 3,896 since 1993, CLSA analysts l

Nestle a 'buy' at Maybank IB - (7 Sep 2010)

Maybank Investment Bank has re-iterated its "buy" call on Nestle (Malaysia) with a price target of RM43.86.

"An upward re-rating on Nestle's earnings growth potential is certain to excite inv

S&P lifts BIMB's call to 'buy' - (7 Sep 2010)

Standards and Poor's Equity Research Services (S&P) has raised BIMB Holdings Bhd's call to "buy" from "hold" and the 12-month target price to RM1.50 from RM1.40 on valuation grounds.

In a

U Mobile offers broadband promotion - (7 Sep 2010)

U MOBILE Sdn Bhd is offering a special promotion in the Klang Valley for U Broadband plans that start from as low as RM20 per month.

The company said in a statement in Kuala Lumpur yesterday

Chicken project: Komani to expand nationwide - (7 Sep 2010)

BIDOR in Perak may no longer be famous for just its chicken biscuits and seedless guava. Soon, it will also be noted for its free-range chicken, or commonly known as "ayam kampung".

A RM35

JobsDB upbeat on meeting revenue target - (7 Sep 2010)

HONG Kong-based JobsDB (M) Bhd, an online recruitment agency, expects revenue contribution from its Malaysian division to increase to 30 per cent from about 10 per cent in the next two years.

Kenanga rates Kelington a 'buy' - (7 Sep 2010)

Kenanga has initiated coverage on Kelington Group with a "buy" recommendation.

"KGB is currently RM0.76 trading at 6.7x FY10 PE higher than its IPO level atRM0.53.

"We fair valuing K

China Shares End Slightly Up Near 4-Month High; Steelmakers Lead - (6 Sep 2010)

SHANGHAI (Updated)--China's shares ended at a near four-month high Tuesday as Beijing's call for faster consolidation in the country's heavy, polluting industries pushed the benchmark index slightly higher, with steelmakers leading the gains. The

S Korea Shares End Down; Investors Await BOK Rate Decision - (6 Sep 2010)

SEOUL (Updated)--Steel stocks buoyed South Korean shares Tuesday, preventing a sharper decline as investors remained cautious awaiting the central bank's decision on interest rates later this week. The Korea Composite Stock Price Index, or Kospi,

Philippine, Malaysian Equities Set for a `Golden Era': Technical Analysis - Bloomberg - (6 Sep 2010)

Philippine, Malaysian Equities Set for a `Golden Era': Technical Analysis
Bloomberg
The FTSE Bursa Malaysia KLCI Index is also poised for a breakout after it “drifted net-sideways” below the 1332 to 1524 range since 1994, the analysts wrote ...

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Foxconn chief slashes growth target by half - (6 Sep 2010)

HONG KONG: Foxconn Technology Group chairman Terry Gou cut his long-term growth target for the world's largest contract manufacturer of electronics by half as demand for Apple Inc iPhones and i

Arbitration centre to handle more cases this year - (6 Sep 2010)

KUALA Lumpur Regional Centre for Arbitration (KLRCA) expects to handle more dispute cases this year as it appoints a new management team and adopts new United Nations (UN) arbitration rules.

T

Malaysia or Malaysaja? Part 2: Clarifying and reconciling the Constitution - Sin Chew Jit Poh - (5 Sep 2010)

Malaysia or Malaysaja? Part 2: Clarifying and reconciling the Constitution
Sin Chew Jit Poh
In a third study, also in 2006 and in spite challenging the validity of both the UM and Asli reports of exceeding the 30% target, the government had ...

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More revenue to come from Freight Mgnt overseas ops - (4 Sep 2010)

FREIGHT Management Holdings Bhd (7210) expects the setting up of new offices in several Sout

Eye on stock - (4 Sep 2010)

On MMC Corp

Bond âpartyâ to continue - (4 Sep 2010)

KUALA LUMPUR: Fixed income players expect the party in the bond market to continue despite the central bank maintaining the overnight policy rate at 2.75%.

Mudajaya wants to put past behind it - (4 Sep 2010)

Mudajaya Group Bhd (5085), whose shares took a dive late July after regulators started looki

Indonesia central bank tightens rules, holds rate - (4 Sep 2010)

JAKARTA: Indonesia's central bank raised bank reserve requirements yesterday, as expected, signalling a concern about inflation in a move suggesting it may be coming around to the market's v

SP Setia, IGB upgraded at OSK - (3 Sep 2010)

SP Setia Bhd., Malaysia’s biggest property developer, and IGB Corp had their stock ratings upgraded at OSK Research Sdn Bhd to reflect their growth prospects.

SP Setia was raised to ̶

Asian and US stocks rise on improving US data(update) - (3 Sep 2010)

TOKYO: Most Asian stock markets climbed Friday as investors took heart from a slight improvement in U.S. economic indicators amid lingering worries over the pace of the global economic recovery.

Sunway City a 'hold' at AmResearch - (3 Sep 2010)

AmResearch has rated Sunway City a "hold" with a price target of RM3.94.

The research firm noted that Sunway City had announced that it had proposed to acquire an additional 45 per cent stake

Reclusive Kiwi tycoon unwraps packaging ambitions with US deal - (3 Sep 2010)

WELLINGTON, New Zealand: The reclusive New Zealand billionaire buying the U.S. maker of Hefty brand trash bags to create the world's second-biggest packaging business started out as a tow truck driver and bounced back from the brink of bankruptcy more than a decade ago to become his country's richest person.

Tradewinds: Buy, target price RM4.40 - (3 Sep 2010)

STANDARD & Poors (S&P) raised Tradewinds (M) Bhd's (4421)2010-2011 earnings forecast by 3

China orders action to cool food prices - (3 Sep 2010)

BEIJING: China has ordered local leaders to cool a surge in politically sensitive food prices by raising vegetable production amid rising tensions in poor countries over surging food costs.

Ratings of SP Setia, IGB upgraded - (3 Sep 2010)

SP Setia Bhd, Malaysia’s biggest property developer, and IGB Corp had their stock ratings upgraded at OSK Research Sdn Bhd to reflect their growth prospects.

SP Setia was raised to R

AEON: Maintain Buy, target price RM5.88 - (3 Sep 2010)

OSK maintained its financial year 2010 and financial year 2011 earnings forecasts at RM146.5 million and RM158.8 million respectively.

"We maintain the call at a target price of RM5.88 base

Kencana Petroleum: Maintain Buy, target price RM2.06 - (3 Sep 2010)

OSK Research's target price for Kencana Petroleum Bhd (5122) remains unchanged at RM2.06 ba

Naim: Maintain Buy, target price RM3.90 - (3 Sep 2010)

MIDF Research has maintained its "Buy" call on Naim Holdings Bhd (5073)with target price un

Analysts see new high for Malaysia's main market index - (3 Sep 2010)

PETALING JAYA: With four months to go before 2010 ends, a number of brokerages have unveiled their 2011 year-end targets for FTSE Bursa Malaysia KL Composite Index (FBM KLCI).

Scicom: Hold, target price RM0.50 - (3 Sep 2010)

STANDARD & Poors (S&P) maintained its "Hold" recommendation on Scicom (MSC) Bhd (0099), a bu

Southeast Asia drinks industry sparkles - (3 Sep 2010)

SINGAPORE/TOKYO: Global drinks firms, thirsty for acquisitions to expand their offerings and reach, are eyeing assets in Southeast Asia, as tough regulatory hurdles quash their interest in gian

Analysts see new high for Malaysia's main market index - Malaysia Star - (2 Sep 2010)

Malaysia Star

Analysts see new high for Malaysia's main market index
Malaysia Star
By IZWAN IDRIS PETALING JAYA: With four months to go before 2010 ends, a number of brokerages have unveiled their 2011 year-end targets for FTSE Bursa ...
ECM Libra Revises Year-End FBM KLCI Target To 1480 Bernama

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2011 an exciting year for auto sector: OSK - (2 Sep 2010)

OSK Research Sdn Bhd anticipates financial year 2011 to be another exciting one for the automotive sector given the slew of model launches planned over the next 18 months.

Among the models are

JCY cut to 'hold' at Alliance on bleak outlook - (2 Sep 2010)

JCY International Bhd, a Malaysian disk-drive components supplier, was downgraded to “hold” from “outperform” at Alliance Research Sdn Bhd to reflect a “bleak” outl

on strong H1 results - (2 Sep 2010)

PARIS: Europeâs largest telecom and entertainment group Vivendi raised its annual profit targets after posting first-half forecast-beating results, boosted by its new Brazilian telecoms unit and video games.

Banks to try and prevent speculation on property prices - (2 Sep 2010)

PETALING JAYA: Bank Negara is engaging with banks on possible measures to curb excessive speculation on property prices while developers caution that it should not be imposed across the board to avoid dampening the property market.

Hua Yang may post 2-digit growth: MIMB - (2 Sep 2010)

Property developer Hua Yang Bhd is expected to achieve compound annual growth rate (CAGR) of 44.5 per cent for revenue and 55.3 per cent for net profit from this year until 2013.

According t

for completion by 2011 - (2 Sep 2010)

JOHOR BARU: Education@Iskandar Sdn Bhd (EISB) plans to complete the ongoing education-related projects and facilities at EduCity in Nusajaya, Iskandar Malaysia next year.

Sharp-Roxy aims for RM600m sales - (2 Sep 2010)

SHARP-Roxy Sales and Services Co(M) Sdn Bhd will focus on advertising and promotions from now until year-end to achieve its sales target of RM600 million for this year.

Managing Director Hir

World's 2nd largest hamberger seller considers selling company - (2 Sep 2010)

NEW YORK (AP) â Shares of Burger King Holdings Inc., the world's second largest hamburger seller after McDonald's, soared nearly 17 percent Wednesday after published reports said the fast food chain was in talks to be acquired by a private equity firm.

ADB to issue bond to finance clean energy projects - (1 Sep 2010)

MANILA: The Asian Development Bank said Wednesday it plans to issue its first clean energy bond to raise funds for renewable energy projects in Asia.

Senai Hi-tech park to focus on three areas - (1 Sep 2010)

SENAI: Senai High Tech Park Sdn Bhd (SHTP), the operator of Senai Hi-Tech Park project, is focusing on three key areas as the driving factors to spearhead the development of the park.

OSK Reiterates Neutral Call On Masteel - Bernama - (31 Aug 2010)

OSK Reiterates Neutral Call On Masteel
Bernama
OSK also revised Masteel's target price to 88 sen. Its shares are currently hovering at 86 sen on Bursa Malaysia. The research house sees limited room for ...

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BURSA MALAYSIA: Bursa Opens At 30-month High Backed By Strong Interest - Bernama - (31 Aug 2010)

Live Trading News

BURSA MALAYSIA: Bursa Opens At 30-month High Backed By Strong Interest
Bernama
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia's benchmark index opened at a 30-month high in early trading Wednesday, supported by strong interest in key ...
BURSA MALAYSIA: Shares Traded Mixed At Midday On Mild Profit-Taking Bernama

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TAFI hopes to supply more furniture to education centres - (31 Aug 2010)

MUAR: TAFI Industries Bhd hopes to supply more furniture to private schools, public and private tertiary institutions as well as student hostels.

EPF to invest RM4.88bil in UK properties - (31 Aug 2010)

PETALING JAYA: The Employees Provident Fund (EPF) will invest Â£1bil (RM4.88bil) in properties in the UK, the pension fund said in a statement yesterday.

Winning streak to continue - Malaysia Star - (27 Aug 2010)

Winning streak to continue
Malaysia Star
Elsewhere, most Asian equities joined the selldown, with the Nikkei 225-share index testing the 16-month lows on renewed jitters and Bursa Malaysia was not ...

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Research houses upbeat over Sime Darby - Sin Chew Jit Poh - (26 Aug 2010)

Research houses upbeat over Sime Darby
Sin Chew Jit Poh
The heavyweight counter is currently trading 11 sen higher at RM8.03, up 15 sen from yesterday's closing on Bursa Malaysia. Sime Darby, which announced a ...

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Bank Negara: No target for level of ringgit, but orderly market to be ensured - Malaysia Star (blog) - (24 Aug 2010)

Town Hall

Bank Negara: No target for level of ringgit, but orderly market to be ensured
Malaysia Star (blog)
... of Islamic Development Bank's inaugural ringgit sukuk on Bursa Malaysia. “We have no target and we do not affect the underlying trend of the currency. ...
Ringgit reflects economic strength, underlying sentiment: Zeti Sin Chew Jit Poh

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Maintain Hold On MAS Shares, Say Research Houses - Bernama - (16 Aug 2010)

Maintain Hold On MAS Shares, Say Research Houses
Bernama
... ECMLibra Investment Research reduced the target price to RM2.08. MAS's shares closed 11 sen easier at RM2.17, at noon break, today on Bursa Malaysia. ...

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Volatility expected in M'sian and regional markets this week - Malaysia Star (blog) - (15 Aug 2010)

Malaysia Star (blog)

Volatility expected in M'sian and regional markets this week
Malaysia Star (blog)
Last week, the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) experienced some selling pressure as regional markets underwent a correction fanned by news ...
Malaysia: Stocks mixed at noon Business Times (subscription)
Investors to see FBM KLCI trading sideways this week; US latest data presents ... The Borneo Post

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