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• stocknews 3:45 pm on February 28, 2011 Permalink | Reply
  Tags: klse market (1,152)   

  KLSE STOCK WATCH 

  Dated 2011-02-28

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  Oil near US$100 in Asia Monday as Libya’s oil industry in chaos SINGAPORE (AP) — Oil prices jumped to near US$100 a barrel Monday in Asia as Libya’s violent power struggle continued to disrupt crude output in the OPEC nation……   Asian markets down Asian markets are mostly lower in Monday early trade as worries that high crude oil price will derail eonomic recovery globally persists…… Five audit firms run afoul of board PETALING JAYA: Five accounting firms were the first to run into trouble with the Audit Oversight Board (AOB) because they had accepted appointments last year as auditors of public interest entities (PIEs) without first registering with the board…… Repair – the fourth R missing in our lives MY IT-savvy friend in the office must be quite fed up of me. I go to him regularly for advice on how to fix the glitches in both the hardware and software on some of the devices I own…… Bina Puri unit secures RM1.1bil projects in Brunei MIRI: Bina Puri Holdings Bhd’s subsidiary, Bina Puri (B) Sdn Bhd has secured a total of RM1.1bil worth of projects in Brunei…… Bina Puri eyes RM250m revenue from property KOTA KINABALU: Bina Puri Holdings Bhd is projecting a total of RM250mil sales revenue from its property division or 20% of the group’s overall ongoing projects this year…… Possible pullback on Wall Street this week(update) NEW YORK: On Wall Street they wonder: Was that it? Is the pullback over? Following the S&P 500’s worst week in 15, investors are trying to determine whether the predictions of a correction have been fulfilled or if there’s still downside ahead as oil….. M’sian shares expected to be volatile this week KUALA LUMPUR: SHARE prices on Bursa Malaysia are expected to be volatile this week as investors cast wary eye on unrest in West Asia, analysts said…… Felda unit moving into advanced R&D activities JERANTUT: Felda Holdings Bhd’s subsidiary Felda Agricultural Services Sdn Bhd (FASSB) is broadening the scope of its research and development (R&D) activities into the next stage of advancement to secure its position as a world-class R&D company in o….. Crude palm oil seen to trend higher this week KUALA LUMPUR : Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend higher this week on supply concerns and other external factors, traders said…… M’sian rubber prices expected to ease this week KUALA LUMPUR: Malaysian rubber prices are expected to ease on technical correction this week, dealers said……

  KL Tin Market to see range-bound trading KUALA LUMPUR : The Kuala Lumpur Tin Market (KLTM) is expected to see range-bound trade of between US$31,000 and US$32,000 this week on positive demand by Japanese, European and local traders, dealers said……   Ireka positive Aseana Properties will start to contribute in next two to three years KUALA LUMPUR: Ireka Corp Bhd is confident its 23%-owned associate company, Aseana Properties Ltd, which has been weighing down on the company’s financial performance with its losses, will be able to contribute positively to the group in the next two ….. Notion VTEC trailed by external pressures KUALA LUMPUR: While technical difficulties at its plant have been settled, Notion VTec Bhd continues to face some external pressures including the depreciating US dollar…… JAPANESE shares are likely to stay rangebound this week TOKYO: JAPANESE shares are likely to stay rangebound and may test the upside this week if investors’ focus shifts from political turmoil in Libya to the global economic recovery, brokers said…… London stocks face uncertain time this week LONDON: STOCKS this week face an uncertain time as investors try to focus on the basics of the economy and earnings while keeping a wary eye on developments in Libya and the Middle East…… Libyan revolt impacts US market NEW YORK: WORRIES about the Libyan revolt’s impact on oil prices took the froth off US stocks last week, in what traders said was a long-awaited correction after a muscular climb from November…… MSWG AGM/EGM weekly watch Feb 28–March 4 KUALA LUMPUR: For this week, Perak Corp Bhd’s EGM is in the Minority Shareholder Watchdog Group’s (MSWG) list. The summarised points of interest are highlighted here, while the details of the questions to the company can be obtained on MSWG’s website….. Short-term plan could avert US Govt shutdown WASHINGTON: The United States is less than a week away from a possible shutdown of the federal government — the first since 1996…… Japan’s industrial production rises in January TOKYO: Japanese industrial production rose for a third straight month in January, as the country’s companies gained confidence in the global recovery, the government said Monday…… Thousands awaiting homes pose challenge for Chavez CARACAS, Venezuela (AP) — In a warehouse converted into a disaster shelter, hundreds of people are living out of backpacks and duffel bags while they wait for President Hugo Chavez to come through on his promises of new homes…… Past medical testing on humans in US revealed ATLANTA: Shocking as it may seem, U.S. government doctors once thought it was fine to experiment on disabled people and prison inmates. Such experiments included giving hepatit….. Libyan chaos stirs global panic over oil supplies MADRID: Libya’s oil industry is in chaos — and there’s no telling when that will end…… Britain freezes UK assets of Gadhafi and family LONDON (AP) — Britain on Sunday froze the U.K.-based assets of Libyan ruler Moammar Gadhafi, members of his family and their representatives in accordance with U.N. sanctions imposed on Libya…… Saudi intellectuals call for sweeping reforms CAIRO: More than 100 leading Saudi academics and activists urged King Abdullah to enact sweeping reforms, including setting up a constitutional monarchy, and he ordered Sunday that government sector workers with temporary contracts be given permanent….. Egypt’s stock exchange to reopen Tuesday CAIRO: Egypt’s stock market will reopen Tuesday after being closed more than a month during unrest that toppled the country’s president, officials said Sunday…… China used less energy per unit of GDP in 2010 SHANGHAI: China’s National Bureau of Statistics says the country’s energy consumption per unit of economic output fell 4 percent in 2010 from a year earlier…… Court orders Mazda to pay damage in worker suicide TOKYO (AP) — A Japanese court has ordered automaker Mazda to pay 63 million yen (US$770,000) in damages to the parents of an employee who it says committed suicide over depression from overwork…… Survey: US Economy will grow moderately through 2012 NEW YORK (AP) — Industry economists say the U.S. economy will continue to expand at a moderate pace through next year, boosted by a rise in consumer and, especially, business spending — but joblessness is expected to remain high and the pace of the h….. Europe in debt deadline race BRUSSELS: European leaders get back to the pressing business of trying to fix the eurozone debt crisis with a hectic series of summits counting down to a March 25 deadline…… Containing inflation China’s priority BEIJING: Fighting inflation is a priority for the government in China where rapid price rises and pressure to sharply raise the value of the yuan are a threat to social stability, Premier Wen Jiabao said yesterday…… Mideast unrest hits oil-thirsty Asia hard BANGKOK: The tremors from political upheaval in the Middle East are rippling through energy-thirsty Asia, which has long struggled to kick its addiction to oil from the volatile region……

   

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