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US stocks down after Bernanke hints at slowing stimulus
said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough. Equities have been closely tethered to ultra-loose monetary policy, which has been key to the S&P's climb of more than 14 percent so far this year. Benchmark 10-year U.S. bond yields jumped to a 15-month high on expectations the Fed will reduce its bond buying. Bernanke ...
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Public Invest Research TSH Resources becoming big cap plantation company
(TSH) with a Neutral call and price-to-earnings ratio (PER) derived target price of RM2.34. It said on Thursday though it likes TSH for its young age profile coupled with huge unplanted landbank, it thinks there is limited upside based on its forward PER of 18 times, which is fully reflecting its positive growth next year. "We believe TSH is on the verge of becoming one of big-cap ...
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CIMB Research ups MY EG target price to RM1.74
by 6%-14% to reflect higher fees for its foreign workers annual permit renewal services. "This increases our target price, which is still based on 18.7x CY14 P/E (20% premium to our target market P/E)," it said on Thursday. It raised its target price from RM1.57 to RM1.74, pointing out MyEG's premium was backed by a solid three-year EPS CAGR of 32%. "Better-than-expected ...
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Malaysian equities to face selling pressure on Thursday
(HDBSVR) expects the Malaysian stock market to see a return of selling pressure on Thursday after the overnight fall on Wall Street. It said the highlight of the US FOMC meeting outcome was that the policymakers see it as appropriate to moderate the monthly pace of bond purchases later this year. The research house pointed out the FOMC would continue to reduce the pace of purchases in measured ...
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New book-keeping rule to priprizese open insurers black box accounts
LONDON: An international bookkeeping regime being unveiled on Thursday will iron out national variants in insurers' "black box" balance sheets although the transition will take several years and the United States will keep its own, very different rules. The International Accounting Standards Board's (IASB) third try at a new rule will be unchanged from the previous draft: ...
Movie Review
The Curious Case of Benjamin Button [Blu-Ray]
While the title would seem to suggest a story of relative modesty, The Curious Case of Benjamin Button is anything but. Running nearly three hours in length and spanning some 80 years of American history, from World War I to Hurricane Katrina, ... ...
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Pakatan MPs will attend swearing-in
Printer Friendly PETALING JAYA: Despite unhappiness over the GE13 results, Datuk Seri Anwar Ibrahim has confirmed that all 89 Pakatan Rakyat MPs will attend the swearing-in of Parliament on June 24. The Opposition leader said that there was a misunderstanding over the matter, as they only decided to boycott the parliament briefing. "We believe in the spirit of parliamentary democracy and ...
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2 Labuan MACC officers kid killed
Labuan: Two MACC (Malaysian Anti Corruption Commission) officers and a two-year-old boy were killed in an accident near the airport traffic light junction at 11.25pm, Tuesday. ASP Mohd Hafeez Buazi and Herman Ahat were in the Toyota GT driven by the latter. Their car slammed into a Kancil from behind ending up in both vehicles being very badly damaged. Hafeez and Herman died on the spot from ...
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Six stolen boat engines confiscated
Kota Kinabalu: Six boat engines were confiscated by the marine police during a four-day Ops Pensura that ended here on June 13. City Marine Police Commanding Officer ASP Safri Anuar Jamin said a total of three boats were also seized together with the engines. "We conducted a special operation to detain and trace those responsible for the rampant cases of stolen boat engines occurring off ...
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Im opposition leader though 5 didnt sign
Kota Kinabalu: Only seven of the 12 Opposition assemblymen have formally notified the House of their decision to make Datuk Lajim Ukin (PKR-Klias) their chief. Assembly Speaker Datuk Salleh Tun Said he had received letters from Lajim as well as five other PKR assemblymen Christina Liew (Api Api), Jelani Hamdan (Matunggong), Roland Chia (Inanam), Terence Siambun (Moyog) and Ukoh@Jeremy Malajat ...
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Airline Special Wonders of Malaysia and its national airline
Family fun on the beach in Malaysia. The country's national airline has opened air routes to more than 150 countries and promises award-winning service to passengers. Provided to China ...
Making the news
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Hassan Rouhani
Iran's president-elect was speaking after his historic election victory.
Hotel Review
The Diplomat SAS Radisson Bahrain
Arriving at Bahrain International Airport I followed the signs through to Immigration to have my passport checked, and to buy ...
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- US stocks down after Bernanke hints at slowing stimulus
- Public Invest Research TSH Resources becoming big cap plantation company
- CIMB Research ups MY EG target price to RM1.74
- Malaysian equities to face selling pressure on Thursday
- New book-keeping rule to priprizese open insurers black box accounts

