Malaysia Issues Commercial Bank Licence To ICBC Of China
KUALA LUMPUR, Nov 20 (Bernama) -- Prime Minister cum Minister of Finance Datuk Seri Najib Tun Razak has approved the issuance of a commercial bank license to Industrial and Commercial Bank of China Ltd (ICBC), the largest commercial bank in the People's Republic of China.
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KLIBOR Futures Expected To Be Mixed Next Week
KUALA LUMPUR, Nov 21 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is likely to trade mixed next week, amidst stable cash rates, dealers said.
FOREX: Ringgit Likely To Strengthen Next Week
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week amid an anticipated weaker greenback, dealers said.
BURSA MALAYSIA: Bursa Shares To Consolidate Next Week
KUALA LUMPUR, Nov 21 (Bernama) -- Share prices on Bursa Malaysia are expected to consolidate further next week as investors are concerned the recent global rally could have been factored into the economic rebound.
