Treasury Pulse - (31 Jul 2010)

Saturday July 31, 2010. Treasury Pulse. Global Foreign Exchange Market. Suddenly, sentiments turned positive for Europe after being ridden by months of crisis following its fiscal woes.Relief finally came after the European bank stress test results revealed that only seven banks failed while the estimated amobusiness.

Xingquan bullish about future demand - (31 Jul 2010)

CHINA listings on Bursa Malaysia have disappointed a lot of investors with their weak performance.

Bullish bias intact - (31 Jul 2010)

REVIEW: News of General Electric raising its quarterly dividend by 20% delivered a shot of confidence to US investors, pushing the Dow up 102.32 points to 10,424.62. A spike in crude oil prices to above US$79 per barrel and the stress tests result, showing most European banks passed the examination also stoked a

Malaysia-New Zealand FTA to come into effect Aug 1 - (31 Jul 2010)

KUALA LUMPUR: The Malaysia-New Zealand Free Trade Area Agreement will come into force on Aug 1 after 10 rounds of intense negotiations, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

RM21.80 a share offer for Tanjong buyout - (31 Jul 2010)

PETALING JAYA: After days of speculation of an impending buyout offer for Tanjong plc, the intention to take the power and gaming outfit private was confirmed yesterday evening at a press conference.

FBM KLCI breaches key resistance level - (31 Jul 2010)

THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) staged another follow-through rebound for the week just ended yesterday. It continued to stay above its psychological resistance of 1,30

KL bourse higher on blue-chip buying - (31 Jul 2010)

At the close, the FBM KLCI rose 2.51 points or 0.19 per cent to close at a new two-year high of 1,360.92.

The benchmark index opened 0.90 point lower at 1,357.51 in the morning and traded

British Airways loss widens - (31 Jul 2010)

LONDON: British Airways (BA) said yesterday its net losses widened to STG122 million (STG1 = RM4.97) in its first quarter as strike action and the volcanic ash cloud grounded flights but

Asia Roundup: Economic fears dent sentiment - (31 Jul 2010)

HONG KONG: Fears of a slowdown in the US and poor economic data out of Japan pushed Asian markets lower yesterday, with traders cashing in recent gains.

Strong corporate earnings f

Bullish bias intact - Malaysia Star - (30 Jul 2010)

Bullish bias intact Malaysia Star Riding on the positive offshore tone, Bursa Malaysia kicked off on a steadier platform, with the benchmark FBM Kuala Lumpur Composite Index (FBM KLCI) ... BURSA MALAYSIA: CI Hits New Two-Year High Bernama all 10 news articles »

Xingquan bullish about future demand - Malaysia Star - (30 Jul 2010)

Xingquan bullish about future demand Malaysia Star CHINA listings on Bursa Malaysia have disappointed a lot of investors with their weak performance. Analysts have pointed out that this is ...

RM21.80 a share offer for Tanjong buyout - Malaysia Star (blog) - (30 Jul 2010)

Malaysia Star (blog)

RM21.80 a share offer for Tanjong buyout Malaysia Star (blog) ... would resume trading on Monday. The group Thursday also issued a statement to Bursa Malaysia to announce the cancellation of its standard listing on the ... Tycoon Ananda may announce buyout of power and gaming company today Malaysia Star (blog) all 13 news articles »

= UPDATE: US Small-Cap Stocks Nearly Flat Friday, Up For July - (30 Jul 2010)

(Updates with more companies' stocks, starting in ninth paragraph.) By Kristina Peterson Of Updated NEWSWIRES NEW YORK (Updated)--U.S. small-capitalization stocks traded in a tight range and the benchmark indexes narrowly dive

= US Small-Cap Stocks Nearly Flat Friday But Jump In July - (30 Jul 2010)

By Kristina Peterson Of Updated NEWSWIRES NEW YORK (Updated)--U.S. small-capitalization stocks traded in a tight range and the benchmark indexes narrowly diverged Friday, though both closed out July with gains of more than 6% and posted their fi

Treasury Prices Rally On GDP Data; Post Weekly, Monthly Gains - (30 Jul 2010)

(Adds swap spreads and price table.) By Min Zeng Of Updated NEWSWIRES NEW YORK (Updated)--The Treasury market posted a broad price rally Friday, sending the two-year note's yield to a record low of 0.539%, after a government report show

Malaysia Shares End +0.2; 1395 Resistance Eyed - (30 Jul 2010)

[Updated] Malaysia shares end higher for sixth consecutive session; benchmark KLCI +0.2% at 1360.92. Local dealer says market trading within narrow range for most of day but "this is a good base for further gains next week." OSK Research technical analyst Shin Kao Jack keeps bullish outlook on KLCI

US Stocks Turn Higher On Late Rally; IA Up 20 Points - (30 Jul 2010)

By Jonathan Cheng and Donna Kardos Yesalavich NEW YORK (Updated)--U.S. stocks staged a late rally to push into the positive ahead of the close Friday, bucking a slowdown in second-quarter economic growth. The Updated Industrial Average reverse

= US Stocks Fall As 2Q GDP Weighs, But Month Is Still Best In A Year - (30 Jul 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated) -- A slowdown in second-quarter economic growth sent U.S. stocks lower Friday, but it wasn't enough to stanch the biggest monthly gain in a year for the market. The Upda

= US Stocks Slip On 2Q GDP, But On Pace For Best Month In Year - (30 Jul 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stocks fell as a slowdown in second-quarter economic growth added fuel to investor worries about the strength of the recovery, although the market was still on pace for its

US Stocks Near Flat After Being Down 120 Points Early - (30 Jul 2010)

BY DONNA KARDOS YESALAVICH Of

= US Stocks Fluctuate As Financials Rise, Utilities, Tech Slip - (30 Jul 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stocks wavered between small losses and gains Friday as slower economic growth in the second quarter fueled fears of a weakening economy, although other data showed small s

= US Stocks Pare Drop After Sentiment, Chicago PMI Data; IA Off 32 - (30 Jul 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated) -- U.S. stocks fell Friday following slower economic growth in the second quarter and disappointing revenue from Chevron and Merck, but better-than-expected readings of consumer

US Stocks Fall As 2Q GDP, Revenues Disappoint; IA Off 105 - (30 Jul 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stocks fell Friday as government data showed economic growth slowed in the second quarter, while weaker-than-expected revenues from Chevron and Merck also disappointed.

BEFORE THE BELL -2: US HOT STOCKS TO WATCH - (30 Jul 2010)

Among the companies whose shares are expected to actively trade in Friday's session are MetLife Inc. (MET), Wynn Resorts Ltd. (WYNN) and Alcatel-Lucent SA (ALU). MetLife swung to a better-than-expected profit in the second quarter after

US Stock Futures Fall After 2.4% Rise In 2Q GDP; IA Off 70 - (30 Jul 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stock futures fell Friday after data showed the U.S. economy slowed in the second quarter and the government said the recession was deeper than earlier believed, adding to

= UPDATE: Malaysian Tycoon Krishnan Offers MYR4.66B In Tanjong Buyout - (30 Jul 2010)

(Adds details, analysts' comments, context) By Elffie Chew of Updated NEWSWIRES KUALA LUMPUR (Updated)--In a bid to turn Tanjong plc (2267.KU) into a bigger global power player, Malaysian billionaire T. Anand

BEFORE THE BELL: US Stock Futures Drop Ahead Of US GDP Data - (30 Jul 2010)

By Polya Lesova Investors' nerves were on edge Friday ahead of the release of U.S. second-quarter economic growth data, as futures pointed to opening losses on Wall Street. Futures on the Updated Industrial Average dropped 33 p

Majority Shareholder Of Tanjong plc Offers MYR4.66 Bln Buyout - (30 Jul 2010)

KUALA LUMPUR (Updated)--A company controlled by Malaysian tycoon T. Ananda Krishnan has formally offered to buy out the shares held by minority shareholders of Tanjong plc (2267.KU) for MYR4.66 billion ($1.46 billion) in the country's largest corporate de

Shell Secures 14-year Lease To LBT Terminal At Westports - (30 Jul 2010)

KUALA LUMPUR, July 30 (Bernama) -- Shell Malaysia Trading Sdn Bhd has signed a long-term sub-lease agreement Thursday with Westports Malaysia Sdn Bhd at Port Klang for storing, supplying and distributing petroleum products.

Hitachi climbs to profits on Asian demand - (30 Jul 2010)

TOKYO: Hitachi Ltd., a maker of everything from home appliances to nuclear reactors, returned to profit last quarter as strong Asian demand fueled recovery in the auto and electronics sectors.

Shell Malaysia secures 14-year lease with Westports - (30 Jul 2010)

Shell Malaysia Trading Sdn Bhd has signed a long-term sub-lease agreement with Westports Malaysia Sdn Bhd at Port Klang for storing, supplying and distributing petroleum products

Stocks: Asia down Friday; overnight US down, Europe up(update) - (30 Jul 2010)

TOKYO: Asian markets fell in early trade Friday, overlooking strong earnings from some of the region's biggest companies as Japanese shares tumbled on dour economic figures and a strong yen.

Oil falls to near US$78 in Asia Friday(update) - (30 Jul 2010)

SINGAPORE: Oil prices fell to near US$78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report.

DALLAS: Famed Dallas billionaire investors Sam and… - (30 Jul 2010)

DALLAS: Famed Dallas billionaire investors Sam and Charles Wyly made US$550 million in undisclosed profits through 13 years of insider trading in the shares of companies on whose boards they served, according to a Securities and Exchange Commission lawsuit filed Thursday.

Samsung says 2Q net profit surges 83% - (30 Jul 2010)

SEOUL: Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength in its semiconductor and flat panel businesses.

Tycoon Ananda may announce buyout of power and gaming company today - (30 Jul 2010)

PETALING JAYA: Will he or won’t he? The market is abuzz that Tanjong plc’s major announcement today will involve substantial shareholder T. Ananda Krishnan proposing to take the power and gaming company private, just two days after the tycoon announced a similar exercise for Measat Global Bhd.

Credit Suisse explains methods used in assessing EON Cap offer - (30 Jul 2010)

PETALING JAYA: EON Capital Bhd’s (EON Cap) independent adviser Credit Suisse Securities (M) Sdn Bhd used four methodologies to arrive at its opinion that the RM5.06bil takeover offer from Hong Leong Bank Bhd (HLB) for the former was “not fair from a financial perspective.”

Tanjong gets RM21.80 per share buyout offer - (30 Jul 2010)

A group led by Malaysian billionaire T. Ananda Krishnan offered RM4.7 billion ($1.5 billion) for full control of Tanjong Plc, a power and gaming company, two days after he made a bid to take a sat

Skiva eyes RM35m annual sales by 2015 - (30 Jul 2010)

Malaysia-born lingerie brand SKIVA expects a double digit growth in its annual sales over the next five years which will see its yearly sales rising to RM35 million by 2015.

The com

Malaysia-New Zealand FTA from Aug 1 - (30 Jul 2010)

The Malaysia-New Zealand Free Trade Area Agreement will come into force on Aug 1 after 10 rounds of intense negotiations, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed

FBMKLCI hits new two-year high - (30 Jul 2010)

The FBM KLCI closed higher for the sixth straight day today, helped by last minute buying in selected heavyweights and rotational plays on lower liners, dealers said.

At 5pm, the FBM KLC

Shell inks terminal lease with Westports - (30 Jul 2010)

Shell Malaysia Trading Sdn Bhd has signed a long-term sub-lease agreement with Westports Malaysia Sdn Bhd at Port Klang for storing, supplying and distributing petroleum products.

The 14-year

Suiwah drops on quarterly loss report - (30 Jul 2010)

Suiwah Corp, a Malaysian investment group with businesses in retail and property, fell the most in a year in Kuala Lumpur trading after the company reported a loss in the fiscal fourth quarter.

Gadang advances as Q4 income triples - (30 Jul 2010)

Gadang Holdings Bhd, a Malaysian construction and property developer, rose to its highest level in more than three months in Kuala Lumpur trading after saying fourth-quarter net income more than tripl

Ranhill rises to 3-month high - (30 Jul 2010)

Ranhill Bhd, a Malaysian builder, rose to its highest level in more than three months after saying it has been pre-qualified for the development of a US$200 million power plant in Bangladesh.

T

Virtual Peaks diversifies - (30 Jul 2010)

VIRTUAL Peaks Group Bhd, a construction and property group, is diversifying into the hotel industry and it believes it can do the business better than rivals.

Executive chairman Datuk Hashimu

AirAsia: Buy, target price RM2.00 - (30 Jul 2010)

During the announcement, AirAsia said passenger load factor improved over 5 per cent quarter-on-quarter to 73 per cent, led by 6 per cent quarter-on-quarter growth in revenue-passenger-kilometre (RP

US consumer, energy stocks on Saturna's list - (30 Jul 2010)

US CONSUMER and energy stocks offer good buying opportunities to Malaysian Islamic investors seeking exposure to global emerging market growth, a fund manager said yesterday.

Offshore oi

Sony back in the black in Q1 - (30 Jul 2010)

TOKYO: Japanese electronics giant Sony yesterday said it returned to the black in the fiscal first quarter thanks to strong sales in televisions, its PlayStation 3 console and computers.

Indian Shares Fall On Weak Global Cues; But Gain 1% In July - (29 Jul 2010)

MUMBAI (Updated)--Indian shares ended lower Friday as investors cut positions in the absence of positive triggers and due to lackluster global markets. The Bombay Stock Exchange's Sensitive Index lost 123.71 points, or 0.7%, to close at 17,868.29

= Asian Shares End Mostly Down;Strong Yen Weighs Japan Exporters - (29 Jul 2010)

SINGAPORE (Updated)--Asian markets mostly declined Friday after a sluggish finish on Wall Street, with Japanese shares particularly hit hard as a strong yen dragging down most exporters despite upbeat results from blue-chips such as Sony Corp. Th

BEFORE THE BELL: US Stock Futures Down Before US GDP Data - (29 Jul 2010)

By Polya Lesova Investors' nerves were on edge Friday ahead of the release of U.S. second-quarter economic growth data, with Wall Street set for opening losses. Futures on the Updated Industrial Average dropped 40 points to 10

MAA's follow-through rebound likely - (29 Jul 2010)

SHARE prices on Bursa Malaysia continued to consolidate within a tight trading range yesterday. Advancing counters outnumbered declining counters by 445 to 264.

The FTSE Bursa Malaysia Kual

Sumitomo Mitsui Q1 net nearly triples - (29 Jul 2010)

TOKYO: Japanese megabank Sumitomo Mitsui Financial Group (SMFG) yesterday posted a net profit of 212 billion yen (100 yen = RM3.64) for the first quarter ended June, nearly triple the amount

SC: Listing delayed to let Focus Point clear air - (29 Jul 2010)

The country's largest professional eye-care chain postponed its listing at the last minute on Tuesday following an anonymous complaint. It has refuted all of the allegations in the complaint.

KL shares firmer on buying of finance stocks - (29 Jul 2010)

At the close, the FBM KLCI rose 2.96 points, or 0.22 per cent, to close at its new high in the 2009-2010 rally at 1,355.19.

The benchmark index opened 0.42 point higher at 1,352.65 in the morni

CPO futures rise on La Nina concerns - (29 Jul 2010)

CPO FUTURES

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher yesterday on concerns that a rising La Nina weather will affect production, dealers said.

BURSA MALAYSIA: Share Prices Mixed In Early Trading - Bernama - (28 Jul 2010)

Live Trading News

BURSA MALAYSIA: Share Prices Mixed In Early Trading Bernama KUALA LUMPUR, July 29 (Bernama) -- Share prices on Bursa Malaysia were mixed in early trading Thursday on lack of follow-through buying, dealers said. ... BURSA MALAYSIA: Share Prices Open Mixed In Early Trading Bernama BURSA MALAYSIA: Share Prices Close Higher, FBM KLCI At New High In Rally Bernama BURSA MALAYSIA: KL Shares End Morning Session Mixed Bernama Live Trading News all 27 news articles »

Measat makes it hattrick for tycoon Ananda Krishnan - Malaysia Star - (28 Jul 2010)

AFP

Measat makes it hattrick for tycoon Ananda Krishnan Malaysia Star In a statement to Bursa Malaysia yesterday, Measat said Measat Global Network Systems Sdn Bhd, the entity controlled by Ananda, intended to undertake a ... Krishnan Firms Halted in Malaysia Wall Street Journal Measat Shares Suspended Pending A Corporate Proposal Bernama Tanjong Requests Suspension Of Its Shares Bernama all 37 news articles »

BURSA MALAYSIA: Bursa Shares Higher In Early Trading - Bernama - (26 Jul 2010)

Malaysia Star

BURSA MALAYSIA: Bursa Shares Higher In Early Trading Bernama At 9.20am, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM-KLCI) rose 5.10 points to 1356.92 after opening 0.65 of a point higher at 1352.47. ... BURSA MALAYSIA : Bursa Shares Higher In Early Trading Bernama BURSA MALAYSIA: Share Prices Close Mixed With Late Buying Of Heavyweights Bernama BURSA MALAYSIA: Bursa Shares Close Mixed, CI Up Bernama Malaysia Star all 28 news articles »

Muhyiddin Invites South Korean Companies To Invest In Malaysia - Bernama - (26 Jul 2010)

Muhyiddin Invites South Korean Companies To Invest In Malaysia Bernama He said the era of globalisation and trade liberalisation had brought about several important developments that required countries to become more flexible ... and more »

BURSA MALAYSIA: Bursa Shares Open Steady In Early Trading - Bernama - (22 Jul 2010)

BURSA MALAYSIA: Bursa Shares Open Steady In Early Trading Bernama At 9.15am, the FTSE Bursa Malaysia Kuala Lumpur Composite Index was 5.74 points higher at 1341.79, as the Wall Street rallied outweighing gloomy comments by ... BURSA MALAYSIA: KL Shares Slightly Steadier In Early Trade Bernama FBM KLCI Futures Firmer In Early Trading Bernama KL equity preview Business Times - Malaysia Business Times - Malaysia  - Free Malaysia Today all 56 news articles »

FBM KLCI Futures Marginally Higher In Early Trading - Bernama - (11 Jul 2010)

FBM KLCI Futures Marginally Higher In Early Trading Bernama KUALA LUMPUR, July 12 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives were marginally ... BURSA MALAYSIA: KL Shares End On Firmer Note Bernama all 25 news articles »

BURSA MALAYSIA: KL Shares Higher In Early Trading - Bernama - (7 Jul 2010)

BURSA MALAYSIA: KL Shares Higher In Early Trading Bernama KUALA LUMPUR, July 8 (Bernama) -- Share prices on Bursa Malaysia were higher in early trading Thursday boosted by the strong overnight rally on Wall Street, ... BURSA MALAYSIA: KL Shares Open Slightly Higher In Early Trading Bernama FBM KLCI Futures Higher In Early Trading Bernama Markets hold on to morning gains at mid-day Malaysia Star (blog) Daily Markets all 40 news articles »

= UPDATE: China Yuan Up On Euro Strength, Exporters' Month-End Demand - ()

6.7750 0.00% 6.7761

Asian Crude Palm Oil Ends Mostly Up; Likely Rise In July Exports - ()

* Tanjong plc: Shares Resumes Trading At 0100 GMT Monday - ()

(END)