8/27 The Star Online: Most Viewed: Business

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. The Star Online: Most Viewed: Business - Update: 27-August-2009 MYT 12:00:00 AM 1. Should I go against the market? August 26, 2009 at 4:45 pm AS the stock market continues to move higher, a lot of investors are wondering when it will come down again. Those who have been involved in futures trading may be tempted to short the KL Composite Index (KLCI) futures contracts. 2. Maybank posts loss on RM1.7bil charge August 26, 2009 at 4:45 pm KUALA LUMPUR: Malayan Banking Bhd (Maybank) posted a net loss of RM1.12bil in its fourth quarter, hit by an impairment bill of RM1.73bil from the acquisition of banking assets in Indonesia and Pakistan, but sees a much better perform... 3. Axiata not for sale August 26, 2009 at 4:45 pm PETALING JAYA: Sources close to Khazanah Nasional Bhd say Axiata Group Bhd is a core asset for the government investment agency and not for sale. 4. MAS well placed to expand in 2011:CEO August 26, 2009 at 4:45 pm Malaysia Airlines, the national carrier expects passenger traffic to return to pre-crisis levels in 2011, chief executive officer Datuk Seri Idris Jala said. 5. Oil touches ten-month high of US$75, then tumbles August 26, 2009 at 4:45 pm HOUSTON: Oil prices fell more than 3 percent Tuesday after a new report from Washington projected a cumulative US$7 trillion U.S. deficit for the next decade. 6. Bright outlook for micro credit, say banks August 26, 2009 at 4:45 pm PETALING JAYA: Malaysian banks are projecting a bright outlook ahead for micro credit after the segment registered a strong performance in the first six months of this year, with the sector seen as less affected by the economic slowdown and under-serve... 7. MPHB Q209 net profit up 150% y-o-y August 26, 2009 at 4:45 pm Multi-Purpose Holdings Bhd (MPHB) reported a net profit of RM127.4mil for its second quarter ended June 30, up 150% from RM50.9mil a year earlier on higher investment income and gains on disposal of quoted investments within the group. 8. Mudajaya net profit up 95% August 26, 2009 at 4:45 pm Construction company Mudajaya Group posted a net profit of RM26.48mil, 95% up from RM13.59mil a year ago on increased level of construction activities. 9. IOI Corp Q409 net profit falls 18% y-o-y August 26, 2009 at 4:45 pm IOI Corp reported a net profit of RM487.1mil for its fourth quarter ended June 30, 18% lower than the RM597.3mil recorded for the same quarter last year mainly on lower profit contributions from the plantation and manufacturing segments as well as an i... 10. US pessimism about the economy appears to be lifting August 26, 2009 at 4:45 pm WASHINGTON: Americans' pessimism about the economy appears to be lifting, with consumer expectations for the next six months hitting their most positive point since the recession began. 11. Asian stocks rise in early trade August 26, 2009 at 4:45 pm Asian stock markets were mainly higher in morning trade Wednesday taking their cue from overnight Wall Street gains. 12. GDP contracts at slower pace of 3.9% for Q2 August 26, 2009 at 4:45 pm Malaysia's economy contracted at a slower pace of 3.9% for the second quarter ended June 30 (Q2) compared to a year ago as the effects of the fiscal measures totalling RM67bil by the Government begin to kick in. 13. Off-market trade in 2.1% of AirAsia August 26, 2009 at 4:45 pm KUALA LUMPUR: AirAsia Bhd had a 2.1% stake traded off-market for RM72mil yesterday, according to stock exchange data. 14. White House, Congress projects record US$1.6tr deficits August 26, 2009 at 4:45 pm WASHINGTON: The U.S. government faces exploding deficits and mounting debt over the next decade, White House and congressional budget officials projected Tuesday in competing but similar economic forecasts. 15. Bank Negara maintains interest rate, sees economy stabilising August 26, 2009 at 4:45 pm PETALING JAYA: Bank Negara left the overnight policy rate (OPR) unchanged at 2% for the fourth time this year, in line with economists' expectation. 16. Penang raises density for property development August 26, 2009 at 4:45 pm GEORGE TOWN: The state government has raised the density for property development in Penang, which will bring down land cost and stabilise property prices, said Hunza Properties Bhd executive chairman Datuk Khor Teng Tong. 17. FBM KLCI down at mid-day August 26, 2009 at 4:45 pm The FBM KLCI closed lower at mid-day as investors continued to be cautious ahead of the release of the country's 2Q09 gross domestic product (GDP) figures this evening. 18. US stocks higher on gain in consumer confidence August 26, 2009 at 4:45 pm NEW YORK: A rebound in consumer confidence and more healing in the housing industry have put U.S. stocks back on an upward path. 19. Goh family reassessing position in GBH August 26, 2009 at 4:45 pm PETALING JAYA: The Goh family will reassess its position in ceramic maker and sanitary-ware supplier, Goh Ban Huat Bhd (GBH), following the emergence of Tan Sri Robert Tan Hua Choon as the controlling shareholder on Monday. 20. Genting Plantations Q2 net profit almost halves August 26, 2009 at 4:45 pm PETALING JAYA: Genting Plantations Bhd posted a net profit of RM59.6mil for the second quarter ended June 30, a decline of 48.7% from RM115.9mil in the previous corresponding period, due to lower palm product prices and a decline in fresh fruit bunches...   This email was sent to excelea@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.