Tue02202018

LAST_UPDATETue, 20 Feb 2018 7pm

Emerging Markets Sailed Through Storms In 2017. What Next?

Pic: ReutersLONDON: After a year of double-digit returns, one of the key questions for emerging markets in 2018 is whether they will continue to be insulated from one another’s crises.

Read more: Emerging Markets Sailed Through Storms In 2017. What Next?

Dealings Of 173,100 Oldtown Shares For RM3.10 Each

KUALA LUMPUR --  CIMB Investment Bank Bhd, the  adviser to  Jacobs Douwe Egberts Holdings Asia NL BV (JDE Asia), on Dec 28, 2017 today clarified that it acquired, for its discretionary clients, 173,100 shares of OldTown Bhd at an average price of RM3.10 each.

Read more: Dealings Of 173,100 Oldtown Shares For RM3.10 Each

Perodua Aims To Increase Share To TIV By 3-4 Per Cent

KUALA LUMPUR – Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is confident of increasing its share of the Malaysian Total Industry Volume (TIV) by to three to four per cent this year following the launch of the new Myvi.

Read more: Perodua Aims To Increase Share To TIV By 3-4 Per Cent

UEM Appoints Noorazman As Chairman

Pic: NST

KUALA LUMPUR: UEM Group Bhd has appointed Datuk Noorazman Abd Aziz as company Chairman, effective Jan 1. He takes over from Tan Sri Dr Ahmad Tajuddin Ali.

Read more: UEM Appoints Noorazman As Chairman

'Bursa May Hit 1,900 Points This Year'

Pic: NST

ROBUST economic growth, recovery in oil prices and higher foreign fund inflows will spur investment in Bursa Malaysia this year, with analysts forecasting the benchmark index rising as high as 1,900 points this year.

Read more: 'Bursa May Hit 1,900 Points This Year'

Jan 2: Ringgit Higher As It Enters New Year

KUALA LUMPUR: The ringgit remained on its firm trajectory as it enters the new year, opening higher against the underperforming greenback this morning on better demand for the local note amid higher global oil price.

Read more: Jan 2: Ringgit Higher As It Enters New Year

Asia Shares Reach Decade Top On China Data, Dollar In Doldrums

SYDNEY: Asian shares scaled a decade peak on Tuesday after a survey of Chinese manufacturing proved surprisingly upbeat, while the euro lurked within striking distance of its 2017 top against an ailing U.S. dollar.

Read more: Asia Shares Reach Decade Top On China Data, Dollar In Doldrums

Oil Rises To Mid-2015 High In Strongest Year Opening Since 2014

SINGAPORE: Oil prices had their highest January opening since 2014 on Tuesday, with Brent and WTI crude prices rising to mid-2015 highs, supported by ongoing supply cuts led by OPEC and Russia as well as strong demand.

Read more: Oil Rises To Mid-2015 High In Strongest Year Opening Since 2014

Singapore Fourth-Quarter Gdp Growth Slows As Manufacturing Loses Steam

Pic: Reuters

SINGAPORE: Singapore’s economic growth slowed in the fourth quarter as manufacturing lost steam, weighing on a pickup in services sector activity, although full-year growth for 2017 was the fastest in three years.

Read more: Singapore Fourth-Quarter Gdp Growth Slows As Manufacturing Loses Steam