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Asian Currencies Advance in Week on Global Stimulus Speculation
www.bloomberg.com
[Bloomberg] - “There are some positive signs coming from Greece, and the Fed said further easing may be warranted soon,” said Choong Yin Pheng, senior manager for fixed income and economic research at Hong Leong Bank Bhd. (HLBK) in Kuala Lumpur. “This is
Google News: 1MDB's RM2.3b power plant purchase raises eyebrows
[The Malaysian Reserve] - In a research note on Tuesday, Hong Leong Investment Bank Bhd (HLIB) said the sale pricing was 1.4 times higher than its ascribed value for the asset based on US$0.94 enterprise value per MW. MIDF Research Sdn Bhd, on the other hand, said the deal
Hong Leong proposes RM251.3m business rationalisation plan
www.themalaysianinsider.com
[The Malaysian Insider] - KUALA LUMPUR, Aug 13 – Hong Leong Capital Bhd is proposing a RM million rationalisation plan of two wholly-owned investment banking businesses, namely Hong Leong Investment Bank Bhd and the newly acquired MIMB Investment Bank Bhd.
Asian Currencies Rise as China CPI Adds to Monetary Easing Odds
www.bloomberg.com
[Bloomberg] most-traded currencies. “Yesterday's export numbers showed that the economy has held up pretty well and that helps to support the ringgit,” said Choong Yin Pheng, manager for economic and bond research at Hong Leong Bank Bhd. in Kuala Lumpur.
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