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Moody's assigns A3 to Maybank's HK$ senior notes due 2023

2018-01-18 thestar.com.my
SINGAPORE: Moody's Investors Service has assigned an A3 long-term foreign currency senior unsecured debt rating to Malayan Banking Bhd 's HK$701mil fixed rate notes. The rating agency said on Thursday the notes, issued under the bank's US$15bill multicurrency medium term note (MTN) programme will mature in January 2023. “The outlook on the A3 debt rating is stable, in line with the stable outlook on Maybank's ratings,” it said. (2-0)

Old deal resurfaces

2018-01-13 thestar.com.my
while private equity funds are not exactly the flavour of Bank Negara. That probably leaves only the local financial players as the favourites to land the stake. (8-0)

Taxman scrutinises crypto exchanges

2018-01-12 thestar.com.my
A man walks past a screen showing exchange rates of cryptocurrencies at an exchange in Seoul on December 20, 2017.A South Korean cryptocurrency exchange shut down on December 19, after losing 17 percent of its assets in a hacking -- its second cyberattack this year, with North Korea accused of being behind the first. / AFP PHOTO / JUNG Yeon-Je (2-0)

What’s in store for banks

2018-01-06 thestar.com.my
WITH predictions of slower economic growth this year, banks, which are often seen as proxies to the economy, will all have to deal with similar issues of lethargic loan growth, rising credit costs and compressed profit margins. That said, what will distinguish the more interesting ones from the business-as-usual outfits this year are those premised on possible merger and acquisition (M&A) exercises. (9-0)

Asia's Top-Performing Currency Is Still Raring to Go in 2018 - Bloomberg

2018-01-03 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-0)

Ringgit rises to 16-month high, Bursa fails to hold gains

2018-01-02 thestar.com.my
The ringgit continues to strengthen against the US dollar, climbing to its highest in more than 16-month as crude oil prices posted their strongest opening to a year since 2014.It strengthened to 4.0195 against the US dollar, its best performance since August 2016. - MUHAMAD SHAHRIL ROSLI/The Star.(filepic) (6-0)

Most South-east Asian stocks rise as China data lifts mood; Indonesia hits record

2018-01-02 themalaymailonline
Index heavyweight DBS Group Holdings Ltd climbed 0.5 per cent to a 2-week high, while Hongkong Land Holdings Ltd rose 0.7 per cent. — Reuters picSINGAPORE, Jan 2 ― Most South-east Asian stock markets firmed today, tracking broader Asia, as strong China manufacturing data and ebbing tensions on the Korean Peninsula aided positive sentiment, with Indonesia setting a fresh record. (8-0)

PNB to work on issuance of Maybank Islamic shares

2018-01-01 thestar.com.my
“We were hoping for the i-shares initiative to be approved in 2017 but unfortunately this has yet to materialise. “We will continue to engage with relevant stakeholders to hopefully make this a reality in 2018,” PNB group chairman Tan Sri Abdul Wahid Omar(pic) said. (9-0)

PNB to increase exposure to private investments domestically and internationally

2017-12-31 themalaymailonline
PNB chairman Tan Sri Abdul Wahid Omar said PNB would increase its exposure to private investments both domestically and internationally. — Bernama file picKUALA LUMPUR, Dec 31 — Permodalan Nasional Bhd (PNB) would increase its exposure to private investments both domestically and internationally subject to the right opportunity, said its Chairman, Tan Sri Abdul Wahid Omar. (8-0)

The RM10bil club

2017-12-31 thestar.com.my
Major players: Small in number as they are, the ‘RM10bil market capitalisation’ club controls nearly 65 of Bursa Malaysia’s total market cap of RM1.89 trillion. (22-0)

What Lies Ahead for Malaysia ETFs?

2017-12-22 zacks
Malaysia’s consumer price index increased 3.4% year over year in November compared with 3.4% in October. The inflation reading was in line with expectations, per a Reuters poll. On a year-over-year basis, core inflation, which excludes prices of volatile items such as fresh food and energy, increased 2.2% in November. (24-0)

PNB declares strong dividends for ASB and ASN

2017-12-22 thestar.com.my
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar said the restructuring of the group’s main investment companies helped the fund to outperform the broader stock market. (2-1)

Indian rupee pares losses on Gujarat vote result, other Asian currencies slip

2017-12-18 themalaymailonline
India's rupee initially tumbled on news of a tight Gujarat election but later pared losses with an eventual comfortable win for Prime Minister Narendra Modi's BJP. ― Reuters picSINGAPORE, Dec 18 — The Indian rupee pared nearly all of its sharp losses early on Monday, as it became clear that Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) would comfortably win an election in his home state of Gujarat. (2-0)

Rupee pares losses on Gujarat vote result; other Asian currencies slip

2017-12-18 in.reuters
(Reuters) - The Indian rupee pared nearly all of its sharp losses early on Monday, as it became clear that Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) would comfortably win an election in his home state of Gujarat. (2-0)

Digital currency – a subject of great divide

2017-12-15 thestar.com.my
DIGITAL currencies have gained so much prominence this year that even Prime Minister Datuk Seri Najib Tun Razak is calling this recent development a major breakthrough in mathematics and cryptography. (198-0)