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  • Baby Royale to be stocked in Malaysian stores

    Victorian baby food maker Baby Royale has gained Malaysian distribution, expected to eventually be worth $20 million a year. Baby Royale – which has a strong export market in the Middle East with its premium halal products – will be stocked in the supermarket chains Tesco, Cold Storage and Giant supermarket in Malaysia. "The ASEAN region we see as being 50 per cent of our ...

  • Aeon Credit surges after strong earnings growth

    maintained its Neutral outlook. At 9.12am, Aeon Credit was up RM1.28 to RM17.88. There were 8,400 shares done. The FBM KLCI was down 2.08 points to 1,770.09. Turnover was 149.33 million shares valued at RM83.09mil. There were 145 gainers, 82 losers and 164 counters unchanged. Aeon Credit's net profit surged 128.5% to RM41.34mil in the quarter ended May 31, 2013 from the RM18.09mil a year ...

  • Affin Research maintains Buy call on DiGi target price RM5.39

    with a lower target price of RM5.39 from RM5.76 after raising its capital expenditure assumptions to incorporate higher spending for its Long Term Evolution network within the next two years. Affin said it remains positive on DiGi's stock will continue to gain revenue market share as it penetrates the ethnic Malays segment, suburban market and East Coast markets which are the three key ...

  • Malaysias KLCI open down plantations and banks weigh

    KUALA LUMPUR: Malaysia's blue chips opened lower on Tuesday as investors mulled the fresh corporate developments while they also awaited the outcome of the US Federal Open Market Committee (FOMC). The FBM KLCI opened down 2.14 points to 1,770.03, dragged down by losses in plantations and banks. Turnover was 29.87 million shares vaklued at RM12.73mil. The broader market was firmer, with 87 ...

  • Public Invest Research upgrades Petra Energy to Outperform

    from Neutral to Outperform with an unchanged target price of RM2.51. It said on Tuesday the burgeoning O&G industry has led to the expansion of many oil-related activities that open doors of opportunity for companies like Petra Energy to venture into and offer attractive services. "We believe the company has some definite positive catalysts for growth which include the provision of ...

Movie Review

The Taking of Pelham 123

The Taking of Pelham 123

In this third crack at John Godeys 1973 novel about the hijacking of a New York City subway, director Tony Scott imposes his signature stylistic grab bag of spastic random zooms, machine-gun editing, bleary slow motion, and other assorted forms of needless visual assa ... ...

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  • Trading ideas Bina Puri construction stocks healthcare

    expects Bina Buri, construction stocks and healthcare companies to attract trading interest on Tuesday following fresh corporate developments. It said as ...

  • Spains high-speed trains and abandoned stations

    ONBOARD MADRID-ALICANTE HIGH-SPEED TRAIN: A one-track dirt road used by local farmers is the main access to a magnificent glass-and-steel train station in the small city of Villena, on Spain's latest high-speed rail route. It is a spanking new 4,500 square meter building - essentially in the middle of nowhere. The central government financed the rail route, inaugurated on Monday, between ...

  • Indias PEC issues tenders to import 12000 tonnes of RBD palmolein from Malaysia and Indonesia

    issued a tender to import 12,000 tonnes of refined, bleached and deodorised (RBD) palmolein for shipment between June 25 and July 31. The RBD palmolein oil should be sourced from Indonesia or Malaysia, the company said in a statement on Monday. Out of the total, 6,000 tonnes should be delivered at Chennai port and the rest at Tuticorin port. The last date to submit bids is June 24. - Reuters ...

  • Wall Street rebounds from last week climbs on Fed expectations

    rose 2.2 percent. While consensus is building among policymakers that the time is approaching for the central bank to scale down its program of buying $85 billion of bonds each month, also known as quantitative easing, investors are divided over when the Fed will start to wind down the stimulus. The central bank's Federal Open Market Committee will meet on Tuesday and Wednesday, issuing a ...

  • India’s hunger for gold blows out May trade deficit

    NEW DELHI: India's trade deficit widened to a seven-month high in May as gold imports surged, provisional data showed, but economists expect newly announced measures to dampen demand for the precious metal in coming months and narrow the shortfall. A nearly 90% annual jump in gold and silver imports saw the trade deficit rise to US$20.14bil last month from US$17.8bil in April. The rise in ...

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