Analysis: Bumper profits, government pressure to drive Asia's dividend bonanza

2017-11-20 in.reuters
(Reuters) - Dividend payouts by Asia’s biggest companies are poised for their biggest increase in six years as profits surge and pressure grows on firms to be more generous with their shareholders. (49-0)
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Has The Plunge Begun?

2017-11-20 seekingalpha
It was one of the key early warning events that took place ahead of previous major bull market peaks. And despite the continued resilience of stock prices and proclamations of new all-time highs on some of the benchmark indices as recently as Thursday, we have seen some notable splashes on this front in recent weeks. It is the flattening of the yield curve toward inversion. And it is worthwhile to consider the following: has the long-anticipated plunge in the yield curve finally begun? (40-0)
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Bitcoin Has an Unusual Relationship With Volatility - Bloomberg

2017-11-20 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. (40-0)
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Bumper profits, government pressure to drive Asia’s dividend bonanza

2017-11-19 themalaymailonline
CIMB Group Holdings Bhd, which announced its second best quarterly earnings in four years in the June quarter, issued an interim dividend of RM1.18 billion, translating to a dividend payout ratio of 51.6 per cent of first-half profits. — Reuters picBENGALURU, Nov 20 — Dividend payouts by Asia’s biggest companies are poised for their biggest increase in six years as profits surge and pressure grows on firms to be more generous with their shareholders. (50-0)
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Bursa turns lower at mid-morning

2017-11-20 themalaymailonline
On the broader market, losers thumped gainers by 415 to 215, while 357 counters remained unchanged with 887 untraded and 21 others suspended. — Malay Mail picKUALA LUMPUR, Nov 20 — Bursa Malaysia was lower at mid-morning today due to uncertainties over highly volatile external markets and global oil prices, dealers said. (13-0)
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Bitcoin Soars Past $8,000 as Technology Shift Concern Vanishes - Bloomberg

2017-11-19 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. (40-0)
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Bursa opens higher on bullish sentiment

2017-11-20 themalaymailonline
On the scoreboard, the FBM Emas Index was 22.65 points firmer at 12,439.57, FBMT 100 Index advanced 22.319 points to 12,085.6, FBM Emas Shariah Index perked 27.96 points to 12,885.82 and FBM 70 climbed 28.08 points to 15,339.23. — Bernama picKUALA LUMPUR, Nov 20 — Bursa Malaysia opened higher today on bullish sentiment following the release of a stronger set of third quarter gross domestic product (GDP) data last week, a dealer said. (9-0)
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Petronas Dagangan upbeat on LPG market

2017-11-20 themalaymailonline
The Petronas twin towers is seen behind the company corporate logo in Kuala Lumpur on May 13, 2011. — AFP picKUALA LUMPUR, Nov 20 — Petronas Dagangan Bhd, which aims to maintain its market leadership position in the liquefied petroleum gas (LPG) market in Malaysia, is upbeat on the sector’s outlook given the country’s growing population.  (1-0)
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Consumer stocks buck trend at Bursa Malaysia

2017-11-19 thestar.com.my
Positive sentiment: The reasons for the rise in consumer staple stocks could be due to good earnings and dividends. — Bernama (4-0)
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Elsoft sees higher demand lifting H2 performance

2017-11-20 thestar.com.my
GEORGE TOWN: Test equipment manufacturer Elsoft Research Bhd expects a better financial performance in the second half of this year compared to the first half, based on higher demand for the company’s products. (3-0)
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Iskarnival set to showcase best of township over two weekends

2017-11-20 thestar.com.my
APART from expanding its property business, UEM Sunrise Bhd is all about creative placemaking – a multi-faceted approach to the planning, design and management of public spaces – and bringing the community together at the heart of its developments. (2-0)
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Diary Malaysia Monday Nov 20

2017-11-20 thestar.com.my
MONDAY, NOVEMBER 20 KUALA LUMPUR- Minister in the Prime Minister's Department Abdul Rahman Dahlan attends Future of Work, Workplace, Workforce Conference at 0900 (0100 GMT) KUALA LUMPUR- Deputy Prime Minister Ahmad Zahid Hamidi chairs Cabinet Committee on Drug Eradication meeting at 1545 (0745 GMT) KUALA LUMPUR- Media briefing on Petronas Dagangan Bhd's LPG business at 1200 (0400 GMT) (1-0)
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Breakfast briefing: Monday, November 20

2017-11-20 thestar.com.my
MarketWatch: Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail. An exchange-traded fund launched Thursday allows investors to bet on the decline of traditional retail and a second one doubles down by betting at the same time on the rise to supremacy of online sales. - Reuters (1-0)
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Chin Well plans regional expansion

2017-11-20 thestar.com.my
“We have enquiries from customers for more of our new fasteners that are made in Vietnam. We will add more production lines in Vietnam to cater to the rising demand,” group executive director Tsai Chia-ling(inset filepic) told StarBiz.
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Experts see palm oil price at between RM2,600 and RM2,900 per tonne

2017-11-20 thestar.com.my
At the recently concluded International Palm Oil Congress & Exhibition (PIPOC 2017) hosted by the Malaysian Palm Oil Board (MPOB) here, LMC International chairman James Fry pegged crude palm oil (CPO) at RM2,700 to RM2,800 per tonne, while United Plantations Bhd deputy chairman Datuk Carl Bek-Nielsen(filepic) projected CPO at RM2,400 to RM2,800 per tonne in 2018. (1-0)
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Big Tobacco Fumes Over New EU Salvo in Cigarette Smuggling War - Bloomberg

2017-11-19 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. (24-0)
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Retirement Security: Fire And Fury In Telecommunications

2017-11-18 seekingalpha
Subscribers to "Retirement: One Dividend At A Time" got an early look at this material via free instant text message trade alert and email alert. (84-0)
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Medical tourism looks healthy in Malaysia, but in Singapore?

2017-11-19 scmp
The Lion City’s reputation as a high-end destination for medical tourists is under threat from Malaysia, where quality of care is rising and costs are falling. But Singapore may have a trick up its surgical sleeves (6-0)
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Mitigation will be taken, LRT3 contractor assures Damansara Lagenda residents

2017-11-19 themalaymailonline
PETALING JAYA, Nov 19 — The project delivery partner of Prasarana will take steps to mitigate the concerns of Damansara Lagenda residents with the upcoming Light Rail Transit 3 (LRT3) project near their neighbourhood.
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Raja Muda Invitational Golf raises RM1.27m

2017-11-18 themalaymailonline
For a worthy cause, Sultan Sharafuddin Idris Shah presents a mock cheque to Raja Arshad (right) as Datuk Nordin Sulaiman (second,left) and Datin Paduka Norazlina Zakaria look on. — Picture by Azneal IshakSERDANG, Nov 19 — The Raja Muda Invitational Golf Worldwide Holdings tournament raised RM1.27 million for disadvantaged students yesterday. (1-0)
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The world's biggest wealth manager won't touch bitcoin

2017-11-18 nzherald.co.nz
UBS Group, the world's largest wealth manager, isn't prepared to make portfolio allocations to bitcoin because of a lack of government oversight, the bank's chief investment officer said. (70-0)
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Tracking George Soros's Portfolio - Q3 2017 Update

2017-11-17 seekingalpha
Soros's 13F portfolio value decreased from $5.62B to $4.20B this quarter. The number of positions increased from 203 to 227. (866-13)
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The World’s Biggest Wealth Manager Won’t Touch Bitcoin - Bloomberg

2017-11-17 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. (70-0)
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When do markets close for Thanksgiving? - MarketWatch

2017-11-17 marketwatch
Investors have many things to be thankful for this year: global equities had risen in every single month this year, while every major economy continues to expand. (40-0)
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Bitcoin nears $8,000 as ‘FOMO’ traders pile in after crash - MarketWatch

2017-11-17 marketwatch
The cryptocurrency threatened to top $8,000 for the first time Friday as it neared the end of a wild week that saw more wild swings for cryptocurrencies in general. Bitcoin itself is up 17% this week and has more than bounced back from a wipeout earlier this month following the suspension of a software upgrade known as Segwit2X. That selloff saw bitcoin lose more than 25% of its value over four days. (40-0)
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Will Bitcoin Futures Pave the Way For ETFs?

2017-11-17 investorplace
Bitcoin, the most sought-after digital currency this year, is soon expected to be easily available to individuals and businesses. CME Group Inc (NASDAQ:CME) via The Chicago Mercantile Exchange plans to introduce bitcoin futures contracts by the end of this year given soaring demand and rising institutional investor interest. (40-0)
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Aye to 30% women agenda

2017-11-17 thestar.com.my
And major public listed companies (PLCs) have duly sat up and taken notice of the government’s agenda to achieve the target of at least 30% women on their boards of directors by 2020, after the Prime Minister’s announcement in July to step it up. (7-0)
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Strong 3Q GDP to boost sentiment on Bursa

2017-11-18 themalaymailonline
On a weekly basis, the benchmark FBM KLCI fell 20.62 points to 1,721.66 from 1,742.28 last Friday. — Malay Mail picKUALA LUMPUR, Nov 18 — Bursa Malaysia is expected to trade firmer next week, taking the cue from the encouraging gross domestic product (GDP) data released last Friday. (4-0)
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Technical recovery on the cards

2017-11-18 thestar.com.my
REVIEW: The local bourse started out the week marginally firmer, with the FBM KLCI gaining 0.86 of a point to 1,743.14, rebounding from the previous session’s declines in the wake of fresh bargain-hunting interest. (5-0)
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Treasury Pulse

2017-11-18 thestar.com.my
THE US dollar continued its slide this week, falling by 0.49% to a further two-week low of 93.933 dragged by the stronger euro and cautious sentiment leading up to the House of Representatives tax bill revision. (5-0)
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From Bitcoin to Global Equities, It’s Risk-On Again in Markets - Bloomberg

2017-11-17 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. (44-0)
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Short Position

2017-11-18 thestar.com.my
THE recent action by the Inland Revenue Board (IRB) to squeeze more money out of SP Setia Bhd is all the more reason why companies and individuals have to be more careful with their books.
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GMR Infra to grow airports and energy verticals

2017-11-17 thehindubusinessline
Having divested interest in eight infrastructure assets, including one airport and three roadways, GMR Infrastructure Ltd has shifted its focus from asset growth to cash assets. (5-0)
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Eye on Stock; Oceancash Pacific

2017-11-18 thestar.com.my
OCEANCASH Pacific Bhd (Code:0049) has enjoyed a significant jump in its share price so far this year, almost doubling from 39.5 sen on Jan 3, to a high of 75 sen in intra-day session yesterday.
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IOI Corp’s Q1 FY2018 pre-tax profit rises to RM450.1m

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — IOI Corporation Bhd (IOI Corp) recorded a pre-tax profit of RM450.1 million in the first quarter of its financial year ending June 30, 2018 (Q1 FY2018) from RM136 million a year ago. (4-0)
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Second ‘Tourist Destinations’ stamp series spotlights three states

2017-11-17 themalaymailonline
Pos Malaysia employee Asmahani Mohd Arshad showing the second edition of the ‘Tourist Destinations’ stamp series and limited edition folders. — Pictures by Ahmad ZamzahuriKUALA LUMPUR, Nov 18 — In the spirit of admiring the nation’s beauty, Pos Malaysia is immortalising popular tourism spots in Pahang, Perak and Terengganu on stamps to be released on Tuesday. (1-0)
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Bursa Malaysia ends higher on strong Q3 GDP

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — Bursa Malaysia ended higher today, as the stronger-than-expected third quarter (Q3) gross domestic product (GDP) released today injected more investor confidence into the local market. (13-0)
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Bitcoin Exchange Wants to Be Digital Safe House for Hedge Funds - Bloomberg

2017-11-17 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. (79-0)
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Genting, CIMB rebound to lift KLCI higher

2017-11-17 thestar.com.my
KUALA LUMPUR: The FBM KLCI took on a bullish mood in morning trade as it rebounded from heavy selling over the previous four trading sessions. Bank Negara Malaysia's Friday noon announcement that the gross domestic product (GDP) expanded 6.2%, beating estimates, in the third quarter of 2017 lifted sentiments. (23-0)
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Bitcoin hits record as Monday’s 29pc plunge fades to memory

2017-11-17 themalaymailonline
A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. ― Reuters picNEW YORK, Nov 17 — Bitcoin hit another record high, just days after a plunge of as much of 29 per cent tested the confidence of advocates of the cryptocurrency. (40-0)
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Bursa ends morning session higher

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — Bursa Malaysia ended the morning session on a positive note today, bolstered by the stronger-than-expected third quarter 2017 (3Q17) results released today. (13-0)
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Swiss Help Bitcoin Bears Profit With World's First Short Notes - Bloomberg

2017-11-16 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. (40-0)
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Bitcoin Hits Record Just Days After a 29% Plunge - Bloomberg

2017-11-16 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. (40-0)
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Square Inc Stock Jumps on Pilot of Bitcoin Buy-Sell Functionality | InvestorPlace

2017-11-16 investorplace
Shares of Square Inc (NYSE:SQ) just won’t cool off. SQ stock price continues to rally even as the market goes through its first mini-correction in quite some time. So what did it do? Management confirmed a pilot program is in place that allows users to buy and sell bitcoin. (214-2)
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Bursa snaps losing streak to open higher

2017-11-17 themalaymailonline
KUALA LUMPUR, Nov 17 — Bursa Malaysia snapped its losing streak over five consecutive-days to open higher this morning as bargain-hunting emerged as the Wall Street rebounded overnight. (13-0)
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Chinese traders a growing force in global copper trading markets

2017-11-16 cnbc
Chinese traders on the Shanghai Futures Exchange are increasingly influencing the price for copper, rather than on the London Metal Exchange, analysts say. (93-0)
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Bursa Malaysia continues uptrend at mid-morning

2017-11-17 themalaymailonline
At 11.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,720.48, up 2.37 points from Thursday’s close of 1,718.11, after opening 2.70 points better at 1,720.81. — Reuters picKUALA LUMPUR, Nov 17 ― Bursa Malaysia continued its uptrend at mid-morning today, supported by gains in blue-chips led by Genting Bhd and Axiata. (5-0)
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Sime, Genting lift KLCI early Friday

2017-11-17 thestar.com.my
KUALA LUMPUR: After four straight days of losses, investor sentiment perked up a bit early Friday, aided by gains in conglomerate Sime Darby and Genting Bhd . At 9.25am, the FBM KLCI rose 6.12 points or 0.36% to 1,724.23. Turnover was 273.52 million shares valued at RM107.76mil. There were 243 gainers, 131 losers and 234 counters unchanged. Asian shares rose on Friday as strong US earnings and a step forward in the US Congress on tax reform brightened the mood, even though investors noted that many more hurdles must be passed to reach a final deal on tax cuts, Reuters reported. (6-0)
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