News

RHB Investment's new Kuching branch to offer full array of services

HB Investment Bank's new Kuching branch will offer a full array of stockbroking and investment banking products and services.

RHB Investment's new Kuching branch to offer full array of services

HB Investment Bank's new Kuching branch will offer a full array of stockbroking and investment banking products and services.

Khazanah buys stake in listed Sri Lanka conglomerate

Khazanah Nasional Bhd has acquired an 8.85% stake in John Keells Holdings Plc, Sri Lanka's largest listed conglomerate, in a deal worth US$ 120 millionl.

Indonesia may up-size retail Islamic bond issuance

Indonesia may increase the issuance of its retail Islamic debt papers after seeing strong demand from local individual investors.

Vietnam bonds gain on speculation of purchases by banks

Vietnam’s two-year government bonds rose the most in a week on speculation banks have more cash to invest in debt securities.

Malaysia launches settlement platform with Hong Kong and Euroclear Bank

Bank Negara Malaysia will utilize a pilot platform for cross-border investment and settlement of debt securities.

Short tenure bonds ito be launched in Pakistan

Pakistan's National Savings Organisation will list new short tenure bonds of varying maturity to be launched soon.

Fund managers optimistic on China's equities: HSBC

Global fund managers are most optimistic about China's equities, with 56% of respondents holding an overweight view in the first quarter of 2012.

Goldman Sachs losses money in Asia in 2011

New Yorl-based Goldman Sachs Group Inc. lost money in Asia last year for the first time since 2008.

China injects $30B on wealth fund for Euro spree

China’s US$410-billion sovereign wealth fund received a US$30 billion injection from the government last year.

Shinhan Bank sells US$99M worth of dimsum bonds

Shinhan Bank has raised 625 million yuan or US$99 million in so-called dimsum bonds to diversify its foreign currency debts.

Philippine beermaker San Miguel to launch $464M bonds

San Miguel Brewery Inc. plans to launch US$464.68 million fixed rate bonds within the month.

PruBSN expects increase in Takaful market share with KFH partnership

Following a collaboration forged with Kuwait Finance House (Malaysia) Bhd, PruBSN expects its takaful market share to increase significantly

RHB Capital’s FY 2011 results fail to reach expectations

RHB Capital Bhd’s full-year and fourth quarter results for financial year 2011 didn't reach consensus estimates.

Hong Leong Capital earns less in Q2

Hong Leong Capital reported a profit after tax of US$3.058 million in its second quarter for the financial year ended 31 December 2011.

Macquarie cuts 10% of Asian investment banking jobs

Macquarie Group cut about 10 percent of its investment banking workforce in Asia last week.

Bank of India back in mutual fund business

Bank of India hopes to start its asset management business next fiscal and is currently waiting for regulatory approvals.

India to regain investor interest in equity mutual funds in 2012: ICRA

The year 2012 could see the return of interest in equity funds in India as markets respond positively to policy actions, says ICRA Online.