China's stock regulator could resume approving new stock offers as early as July after an …
- Pos Malaysia declares 9.5 sen final dividend The Edge - 8 hours ago
KUALA LUMPUR (June 19): Pos Malaysia Bhd has recommended a final dividend of 9.5 sen per ordinary …
- Improving Data Could Reverse Market’s Slide Fundsupermart.com.my - Thu, Jun 13, 2013
We bring to you a weekly summary of market happenings and how they have affected equity markets. …
Top Stories
- Nvidia's stock jumps on license plan; Wall Street eyes Apple
By Noel Randewich (Reuters) - Shares of chipmaker Nvidia surged nearly 6 percent on Wednesday after the company said it plans to license its graphics technology, opening the door to new business with Apple, Samsung Electronics and other mobile device makers. Chief Executive Officer Jen-Hsun Huang told the Reuters Global Technology Summit in San Francisco on Tuesday that licensing graphics cores and visual patents would help Nvidia take greater advantage of the booming market for smartphones and …
- Vince Flynn, author of Mitch Rapp thriller series, dead from cancer
By Alex Dobuzinskis LOS ANGELES (Reuters) - Vince Flynn, the best-selling author of the Mitch Rapp series of political thrillers that includes "American Assassin" and "The Last Man," died on Wednesday at age 47 after a battle with prostate cancer, his representatives said. Flynn, who turned to writing as a way of fighting his dyslexia, died at a hospital in his hometown of St. Paul, Minnesota, said David Brown, spokesman for Atria Books, an imprint of Simon & Schuster that publishes the …
- JAL starts compensation talks with Boeing over 787
Japan Airlines (JAL) has started talks with US aviation giant Boeing over losses stemming from the grounding of its troubled 787 Dreamliner, a company spokesman said Wednesday. …
- Softbank closer to acquiring Sprint after Dish abandons bid for now
By Sophie Knight and Sinead Carew TOKYO/NEW YORK (Reuters) - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week. SoftBank Chief Executive Masayoshi Son is now a step closer to sealing the largest overseas acquisition by a Japanese company in history, after winning support from a key shareholder by raising SoftBank's offer to …
- FINRA reviewing brokerages' use of social media
By Ashley Lau (Reuters) - Wall Street's Financial Industry Regulatory Authority is looking at how brokerage firms supervise their use of communication outlets such as Facebook, Twitter and LinkedIn, the industry-funded regulator said. FINRA, which conducts periodic "sweeps," or targeted checks on Wall Street brokerages, sent out letters to firms earlier this month requesting information about their use and monitoring of social media communications for the companies and individual employees. ... …
- Cyber threats and leaks spur increased security focus
By Andrea Shalal-Esa PARIS (Reuters) - Increased cyber espionage by China and recent leaks by a contractor working at the National Security Agency have put a sharp focus on cyber security for aerospace and defense companies showing off their wares at this year's Paris Airshow. "We, like others, are constantly being bombarded by people who are trying to get into our systems," said Mark DeYoung, chief executive of U.S. rocket engine and ammunition maker Alliant Techsystems (ATK). ... …
- China 'may resume IPO approvals in July'
China's stock regulator could resume approving new stock offers as early as July after an eight-month suspension, state media said Wednesday. …
- Microsoft offers hefty bounties to thwart hackers
By Jim Finkle BOSTON (Reuters) - Microsoft Corp is looking to recruit computer geeks in its ongoing efforts to protect Windows PCs from attacks, offering rewards of as much as $150,000 to anybody who helps identify and fix major security holes in its software. Microsoft unveiled the rewards program, one of the most generous in the high-tech industry to date, on Wednesday as it sought ways to prevent sophisticated attackers from subverting new security technologies it has introduced in the …
Malaysia
- #Stocks To Watch* Index stocks, MISC MRCB, Eversendai, MAS, MBSB, Symphony, Kulim.
KUALA LUMPUR (June 19): Based on news flow and announcements today, the stocks to watch tomorrow may include index-linked stocks, MISC, MRCB, Eversendai, MAS, MBSB, Symphony and Kulim. …
- Symphony declares dividends: 3 sen, treasury shares
KUALA LUMPUR (June 19): Symphony Life Bhd declared payment of first and final dividends for the year ended March 31, 2013, in the following way: …
- Kulim requests trading to be suspended tomorrow
KUALA LUMPUR (June 19): Kulim (Malaysia) Bhd has requested for its shares to be suspended from trading beginning tomorrow. …
- RAM upgrades MRCB Southern Link’s sukuk ratings
KUALA LUMPUR (June 19): RAM Ratings said it has upgraded the respective long-term ratings of MRCB Southern Link Bhd’s Senior and Junior Sukuk to BBB3 and BB1 (from C3 previously in both) due to improved liquidity after getting government payments. …
- MBSB getting ready to be full-fledged bank
KUALA LUMPUR (June 19): Malaysia Building Society Bhd (MBSB) is not in a hurry to obtain a banking license from Bank Negara Malaysia but is preparing to be a full-fledged bank , said its president and chief executive officer Datuk Ahmad Zaini Othman. …
- #Market Close* KLCI flat ahead of US Fed meet
KUALA LUMPUR (June 19): The FBM KLCI displayed a volatile trading pattern after the midday break today and closed 1.17 points or 0.07% lower at 1,772.88 points. …
- #Hot Stock* Aeon Credit gains 2% on plans to diversify income stream
KUALA LUMPUR (June 19): Aeon Credit Service (M) Bhd emerged as the second-biggest gainer today after its group managing director told reporters that the company is looking to diversify its income stream.At 3:07 pm, Aeon Credit shares gained 36 sen or 2.06% to RM17.84 after reaching as high as RM17.98. The counter had a total trading volume of 240,600 shares.After the company’s annual general meeting yesterday, group managing director Yasuhiro Kasai said Aeon Credit intends to diversify its …
- Eversendai tenders for RM8b projects
KUALA LUMPUR (June 19): Eversendai Corporation Bhd (Eversendai) has tendered for RM8 billion worth of projects, which includes the oil and gas sector. …
Stocks
- Asian shares recover after bruising selloff, sentiment still fragile
By Chikako Mogi TOKYO (Reuters) - Asian shares rebounded from multi-month lows on Friday, as upbeat U.S. economic data calmed frayed nerves after a bruising selloff in global markets, but investors remained ... …
- Further equity malaise expected
US stocks fell after Bank of Japan (BoJ) governor Haruhiko Kuroda said he sees no need to expand monetary stimulus immediately. BoJ’s policymakers refrained from expanding their tools to address b …
- Overwhelming demand for AirAsia X shares
KUALA LUMPUR: The response from foreign and bumiputera institutional investors to AirAsia X Bhd’s IPO has been “overwhelming”. The long-haul arm of the AirAsia group is undertaking the IPO to rais …
- #Update* Trading of Ireka shares suspended
KUALA LUMPUR (June 14): Trading of Ireka Corp Bhd shares has been suspended from 9am to 5pm today pending a material announcement, the construction firm said in statement to the exchange. " …
- STOCKS NEWS MALAYSIA-MIDF downgrades Top Glove to 'neutral'
MIDF Research has downgraded Top Glove Corp Bhd, the world's largest rubber glove maker, to 'neutral' from 'buy' as it sees a limited upside following the strengthening of the company's shares recently. ... …
- Daily Markets Briefing: STI down 0.7%
Today's tone likely to improve, says analyst. OCBC Investment Research said: The rebound on Wall Street overnight and the strong Nikkei start (up 3% now) are likely to cue the local bourse to a positive ... …
- Wall St rallies on economic data, technical factors
By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks rallied on Thursday after three days of losses as stronger-than-expected economic data helped reassure investors concerned about the expected winding ... …
Market Data
- Currencies
- Commodities
Commodities Name Price Change % Chg 1,350.00 -16.70 -1.22% 
21.61 -0.07 -0.30%
97.46 -2.86 -2.85%
3.14 -0.02 -0.60%
98.02 -0.42 -0.43%
- Bonds
Bonds Treasury Yield (%) Yield Change 1.23 0.17
2.31 0.13
3.41 0.07
Currencies
- Dollar and precious metals at a glance
Key currency exchange rates Wednesday, compared with late Tuesday in New York: …
- Euro zone wrangling may cost Greece 2 billion euros in 2013 - sources
BRUSSELS/ATHENS (Reuters) - European foot-dragging could leave Greece short of 2.0 billion euros (1.7 billion pounds) this year as some euro zone creditors are reluctant to roll over their Greek debt holdings, ... …
- European stocks dip before Fed decision
Europe's main stock markets pulled back in careful trade on Wednesday, with traders on tenterhooks before the outcome of the US Federal Reserve's latest monetary policy gathering. "No one on the market ... …
- European stocks pull back before Fed decision
Europe's main stock markets pulled back on Wednesday, with traders on tenterhooks before the outcome of the US Federal Reserve's latest monetary policy gathering, analysts said. In afternoon deals, London's ... …
- European stocks mostly drop before Fed decision
Europe's main stock markets mainly fell on Wednesday, with traders on tenterhooks before the outcome of the US Federal Reserve's latest monetary policy gathering, analysts said. In midday deals, London's ... …
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