My Sinchew/ Business

Share prices likely to trend lower next week

Share prices on Bursa Malaysia will likely trend lower next week due to an overbought situation. Affin Investment Bank Vice President and Head of Retail Research Dr Nazri Khan said the benchmark FBM KLCI is now ripe for a pullback after hitting an all-time high of 1,688 last year.


Cyprus banks resume normal hours under tight controls

Banks in Cyprus resumed normal trading hours Friday a day after a near two-week lockdown ended, but Cypriots face a month of cash curbs intended to prevent a run on deposits after an EU-led bailout.


Pakatan manifesto will increase fiscal deficit to 11.5%: Ahmad Husni

The Opposition's manifesto, if implemented, will lead to the government's fiscal deficit to swell to 11.5 per cent within a year, thus burdening the government with heavy debts.


Proton must dish out new car variants: Mahaleel

Proton Holdings Bhd must fully utilise its car production platforms to dish out more car variants to the local consumers in order to sustain the stiff competition in the local automotive industry.


Draconian controls as Cyprus banks reopen

Cyprus confirmed banks would reopen on Thursday after a nearly two-week lockdown on the bailed-out country, but only under draconian capital controls, the first of their kind in the eurozone.