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 •  Australia's corporate watchdog to investigate interest-only home loans
SYDNEY: Australia's corporate watchdog said on Wednesday it will scrutinise individual home loan records to ensure that mortgage providers are not unfairly selling risky interest-only loans to make quick profits.
 •  Full time trader wins KenTrade Trading Challenge III
KUALA LUMPUR: A 40-year old full time trader became the grand winner at this year’s Kenanga Investment Bank Bhd’s (Kenanga IB) KenTrade Trading Challenge III, by banking on penny stocks.
 •  Telcos shares under pressure
KUALA LUMPUR: Shares of telecommunications services providers were under pressure falling by up to 1.4% at midday on tougher operating environment as government introduced new regulatory control for prepaid segment.
 •  Dataprep sees 64% stake traded off-market
KUALA LUMPUR: IT services company Dataprep Holdings Bhd saw a huge block of shares traded off-market on Wednesday.
 •  Kobe Steel shares plunge as data fabrication concerns deepen
TOKYO: Kobe Steel Ltd shares tumbled a further 16 percent on Wednesday after it admitted it may have fabricated data on iron powder products and media reported the possible sale of its real estate business
 •  Telco stocks push KLCI lower early Wednesday
KUALA LUMPUR: Mild selling of telco stocks Maxis, Digi and Axiata pushed the FBM KLCI slightly into the red on Wednesday as investors ignored the positive overseas news and advance in crude oil prices.
 •  Ringgit higher against US$
KUALA LUMPUR: The ringgit was higher against the US dollar early Wednesday, for the third consecutive trading day, as emerging concern over the ‘safe haven' currencies shifted investors interest towards emerging currencies, dealers said.
 •  GPacket shares sustain uptrend in early trade
KUALA LUMPUR: Shares in Green Packet Bhd (GPacket) continued to attract trading interest in early trade.
 •  CPO prices expected to be subdued in 2018
KUALA LUMPUR: Crude palm oil (CPO) prices for 2018 are expected to be subdued compared to 2017 as post-El Nino output growth is likely to continue into the year, said Maybank Investment Bank Research.
 •  Diary Malaysia Wednesday Oct 11
Updated: 935206 minutes ago
 •  Mahindra two-wheelers bids for Peugeot Citroen's scooters
Automobile major Mahindra & Mahindra's two-wheeler subsidiary Tuesday said that it has made a binding offer to acquire a majority stake in PSA Peugeot Citroen's scooter business.
 •  Sensex trades in red; bank stocks down
Opening after an extended weekend holiday, a benchmark index of Indian equities markets Tuesday traded 108 points or 0.
 •  India offers $250 bn investment opportunity in infrastructure
India needs $250 billion in next 20 years for basic urban infrastructure and this offers huge investment opportunities to international investors, said country's Urban Development Minister M.
 •  SJVNL signs pact for Bhutan hydro project
The public sector Satluj Jal Vidyut Nigam Ltd (SJVNL) has signed an agreement for commissioning of the 600 MW Kholongchu Hydro Electric Project in Bhutan, whose foundation stone was laid by Prime Minister Narendra Modi, the company said Wednesday.
 •  Amazon has high expectations from India business: Jeff Bezos
Amazon has very high expectations from its Indian operations, Chief Executive Officer Jeff Bezos said here Wednesday.
 •  Sensex trades flat; banking stocks plunge
A benchmark index of Indian equities markets Wednesday was trading flat at 22.
 •  Diesel in over-recovery; retail prices exceed global rates
With the rates of the Indian basket of crude oil falling below $95 a barrel, the petroleum ministry Wednesday said losses on diesel sales had been wiped out with the government now looking at a profit of nearly two rupees a litre on the fuel sales.
 •  Ford India's sales dip in September
Passenger car manufacturer Ford India experienced a dip in its September sales as compared to the corresponding period of 2013, the company said Wednesday.
 •  Microsoft Devices launches new Lumia devices
Microsoft Devices Wednesday launched three new Windows smartphones - Lumia 830, Lumia 730 and Lumia 930, a top company official said here.
 •  Maruti Suzuki's September sales up
India's largest passenger car manufacturer Maruti Suzuki Wednesday reported a healthy sales growth of 4.
 •  Reliance Communications to reduce debt to under Rs.20,000 crore
Reliance Communications targets to bring its debt to under Rs.
 •  Maruti Suzuki recalls 69,555 vehicles
In one of the largest automobile repair and inspection exercises, passenger car major Maruti Suzuki Tuesday said that it has recalled 69,555 diesel Dzire, Swift and Ritz models, stating that it will proactively inspect and repair a wiring harness.
 •  Hero MotoCorp's August sales up 30 percent
Two-wheeler manufacturer Hero MotoCorp Tuesday reported sales growth of 30 percent in September by dispatching 600,000 units.
 •  Monetary policy will be inflation data-contingent: RBI
Given that inflation is expected to level at around 7 percent by 2016, the Reserve Bank's monetary policy going ahead will be contingent on relevant data coming in, RBI Governor Raghuram Rajan said Tuesday after announcing the central bank's fourth bi-monthly policy review.
 •  Eight core industries up 5.8 percent in August
Eight core industries such as coal, electricity, crude oil, cement and steel, grew at 5.
Updated: 2518976 minutes ago
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