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 •  Thai banks keen on Malaysian ringgit bond issues -
Thai banks and companies plan to issue ringgit-denominated bonds in Malaysia to diversify funding sources and lower funding costs after seeing strong interest in such a bond issue by Krung Thai Bank, the Nation reported, citing a top executive of CIMB Thai Bank.
 
 •  Bank Negara to ease rules for Indonesian banks, says report
Malaysia's central bank will soon sign a bilateral agreement with Indonesia's financial services authority (OJK) on easier requirements for Indonesian banks to operate in Malaysia, the Kontan daily reported, quoting the chairman of OJK.
 
 •  Ringgit slightly higher in early trade
KUALA LUMPUR: The ringgit was slightly higher against the US dollar today on mild demand for the local note.
 
 •  AmResearch keeps Buy call on Kossan
KUALA LUMPUR: AmResearch has reaffirmed its Buy call on Kossan Rubber with a fair value of RM8.40 a share to reflect a PE target of 27 times, which is on par with Hartalega Holdings’ PE given its comparable operational and financial performance.
 
 •  Breakfast briefing: Tuesday, July 28
Breakfast briefing: Tuesday, July 28
 
 •  Sunway Construction in focus as KLCI slips
KUALA LUMPUR: Sunway Construction, which made its debut on the Main Market on Tuesday, saw strong trading interest amid a weaker broader market where sentiment had been affected by continued foreign selling and weak global markets.
 
 •  Firm debut for Sunway Construction
KUALA LUMPUR: Sunway Construction Group Bhd made firm debut on the Main Market of Bursa Malaysia on Tuesday, opening at which was RM1.27 a premium of seven sen above its IPO price of RM1.20 amid a weak market.
 
 •  PublicInvest Research keeps Outperform on AirAsia
KUALA LUMPUR: PublicInvest Research is keeping its Outperform call on AirAsia with target price of RM2.53 tagged to a 10 times price-to-earnings (P/E) multiple to FY16 EPS.
 
 •  Asian stocks hit three-week lows in early trade Tuesday as China gloom spreads(Update)
HONG KONG: Asian stocks fell to three-week lows on Tuesday as a deepening rout in Chinese stocks erased risk appetite - sending investors flocking to safe-haven instruments such as government bonds and the Japanese yen.
 
 •  Trading ideas: Destini, Mieco, UEM Edgenta
KUALA LUMPUR: JF Apex Research expects Destini, Mieco Chipboard, UEM Edgenta, London Biscuits and Melati Ehsan to be among the stocks to watch on Tuesday.
 
Updated: 18 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: 423029 minutes ago
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