More than 85% of the companies listed on the stock exchange were Shariah-compliant, representing about 60% of total market capitalisation, she said. Zeti said there were about 130 Islamic unit trusts issued in Malaysia and two Shariah-compliant real estate investment trust listed on the stock exchange. She said the first of five growth areas launched in Malaysia, Iskandar Malaysia was expected to receive up to US$100bil in investments over the next 25 years. More News Business Headlines AMMB posts RM668m net profit for FY08 Mudajaya to build hotel for Tune Hotels in Sepang Vistajet to invest RM192m in SkyPark Subang Maybank targets 30% revenue growth from e-payments Astro up on privatisation talk, YTL Power slides Malaysia’s industrial output up 3% on-year Keladi Maju chairman’s wife sells 23m shares KPS, JAKS, water-related stocks up in early trade Steel stocks rise Public Bank shares hit record high on good figures MISC net profit dips 15% to RM2. read more

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Besides 24-hour-a-day forecasts for all major currencies, your Currency Specialty Service subscription also gets you instant access to a free 49-minute webinar on how to trade forex with Elliott wave forecasts. How do I identify a wave pattern in real time forex trading on my screen? The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. The purpose of Elliott Wave International?s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. read more

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Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. read more

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CEO John Costopoulos explained in an analysts’ conference call after the company’s first quarter results, that this was because of tight operational cost control and one-off gains, as well as the fact that the group is not just a simple refining business but has several other divisions that outperformed. The CEO noted that clean EBITDA, excluding inventory gains and one-offs were down 29 percent year-on-year to 71 million euros, which was exactly in line with the consensus of analysts taken by Thomson Financial News. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Sitemap Help Contact Us Investment Newsletters Forbes Conferences Forbes Magazines Forbes Autos Ad Information Forbes. read more

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The euro moved higher vis-à-vis the yen as the single currency tested offers around the ¥154. The British pound gained ground vis-à-vis the yen as sterling tested offers around the ¥199. The euro weakened vis-à-vis the British pound as the single currency tested bids around the ? The euro and British pound moved higher vis-à-vis the Swiss franc as the crosses tested offers around the CHF 1. read more

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Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Reuters journalists are subject to the Reuters Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here . read more

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