|
| |
Overview
Financial Highlight
Headlines
Business Background Public Bank Bhd is a Malaysian banking group that provides a range of financial products and services, including personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sale and management of unit trust funds, bancassurance, and general insurance products. In additional to its mostly Malaysian operational presence, the bank is exposed to other Southeast Asian nations through some of its branches. Its strategy emphasizes organic growth in the retail banking business, particularly retail consumers and small and medium-size enterprises. The vast majority of its earning assets are in loans, advances, and financing.
  tkl88 Wow, Fantastic ! As at 12.45am, Dow Jones at=>28,898.26 (+252.60) (+0.88 %) ! 03/09/2020 1:07 AM tkl88 Walaoeh, Dow Jones spike up 500 points, Super bull is coming ! Dow Jones closed at=> 29,100.50 (+454.84) (+1.59 %) ! 03/09/2020 7:57 AM Jeffreyteck Unfortunately EPF only has limited options but unlimited funds, averaging down is workable for it. EPF owns substantial in mbsb, but only sees its price dropping and loss trending now. 04/09/2020 8:30 AM masterus "China will gradually decrease its holdings of US debt to about $800billion under normal circumstances. But of course, China might sell all of its US bonds in an extreme case, like a military conflict," Xi Junyang, a professor at the Shanghai University of Finance and Economics, told the Global Times on Thursday. One reason for the bond selling is because Beijing is increasingly concerned about the potential risks behind surging debt level in the US, experts said. China has cut USD holdings this year so the trend is certainty divestment and it's undoubtedly negative for the currency going forward. Then again, the Fed's buying $5 in bonds for every one that China sells. 04/09/2020 8:49 AM Up_again Epf has been buying a minimum of 4 banks daily for the last month or two 04/09/2020 3:50 PM masterus China Allows for Stronger Yuan as Xi Turns Focus to Home Bloomberg News September 4, 2020, 4:00 AM GMT+8 Updated on September 4, 2020, 4:51 PM GMT+8 Currency has jumped nearly 5% since this year’s nadir in May Beijing hopes to stimulate imports, boost domestic consumption Sign up for Next China, a weekly email on where the nation stands now and where it's going next. Beijing is allowing faster gains in the yuan as it seeks to cheapen imports and bolster weak consumer spending. 05/09/2020 7:04 PM masterus China's yuan could become the world’s third-largest reserve currency in the foreseeable future due to increased foreign investment in Chinese companies, analysts at Morgan Stanley conclude in a report distributed Friday (Sept. 4) and cited by CNBC. The shift would put the yuan behind the U.S. dollar and the euro. Reserves are funds central banks hold in currencies other than their own. As of the end of the first calendar quarter of this year, the International Monetary Fund lists the world’s leading reserve currencies as the U.S. dollar, the euro, the Japanese yen and the British pound, followed by the yuan, the Canadian dollar and the Australian dollar. 05/09/2020 7:10 PM Jeffreyteck Foreign fund outflow expands to RM558.0m during Sep 1-3 period.... are they expecting further rate cut, excluding from bond index, weakening ringgit etc or another round of massive water disruption??? 06/09/2020 9:59 PM kens88 Regret buying pbbank. Expensive but no dividend. Same as rubbish stock Really one of my worse buys. I hope it drop to rm 10 so can Average down more. 07/09/2020 11:45 PM masterus Stimulus check: Eligibility, fine print, income limit and how the first payment could shape the next rescue package A second $1,200 maximum check from the IRS may still happen, but some prominent questions still remain. The original CARES Act may offer clues as to what a second round of payments might look like. Clifford Colby headshot Clifford Colby Sept. 7, 2020 2:15 p.m. PT Angela Lang/CNET Washington lawmakers are expected to pass either another coronavirus economic relief package or other legislation that could give Americans who qualify a second stimulus check up to $1,200 per person. If there's another direct payment, the first round can offer some clues about what could happen next. 08/09/2020 8:59 AM Stockisnotfun The whole fact about bank counter is just the dividend. No more room for public bank to grow except dividend. Will rebound back but need to wait everything normal after few years. 08/09/2020 1:32 PM Stockisnotfun Bank counter is not meant for you to buy and sell at high price. Buy at low price and hold for the dividend. Other than that nothing much already ... 08/09/2020 1:57 PM masterus China bond inclusion in WGBI may drive US$140b in inflows — Goldman Sachs 08/09/2020 5:30 PM masterus Chinese yuan to become No 3 global currency by 2030 after US dollar, euro, Morgan Stanley predicts The yuan could account for up to 10 per cent of global foreign exchange reserve assets by 2030 Policy advisers in Beijing have presented a number of suggestions to reduce China’s reliance on the US dollar 08/09/2020 8:01 PM masterus PETALING JAYA: Bank Negara Malaysia (BNM) will reduce its overnight policy rate (OPR) by a further 25 basis points (bps), say seven out of 13 economists polled by Reuters. An announcement is expected following the central bank’s policy meeting on Thursday. Such a move will also see the OPR reduced to a record low of 1.5%, with BNM having already delivered 125 bps of rate cuts this year. The last cut of 25 bps was announced on July 7. 09/09/2020 1:30 PM Jeffreyteck Malaysia leads Asian stocks losses; rupiah slides again.... with possibility of rate cut and exclusion of local bonds from index, can ringgit immune from further weakening? 09/09/2020 1:56 PM tkl88 Wow, Amazing ! Oil price already turn green and spike up like mad ! As at 4.15pm, Nymex at => $37.52 (+0.76) (+2.07 percent) ! Brent at => $46.17 (+0.62) (+1.56 percent) ! 09/09/2020 4:25 PM Up_again Those that wanna wait rm 10 or rm 15 can continue to wait. No issue here 09/09/2020 5:49 PM masterus 'High possibility’ BNM reduces OPR by 25bps to all-time low of 1.5% — TA Securities Ong Kye Li / theedgemarkets.com September 09, 2020 16:10 pm +08 09/09/2020 7:12 PM tkl88 Walaoeh, Dow Jones super bull run ! Dow Jones closed at=> 27,940.47 (+439.58) (+1.60 %) ! 10/09/2020 7:12 AM masterus (Reuters) - An unprecedented spate of fierce, wind-driven wildfires in Oregon have all but destroyed five small towns, leaving a potentially high death toll in their wake, the governor said on Wednesday, as initial casualty reports began to surface. Hundreds of miles away in northern California, three fatalities were confirmed on Wednesday from a lightning-sparked conflagration that raged with renewed intensity this week after firefighters had made significant headway containing it. While more than two dozen major blazes continued to wreak havoc across wide swaths of California, the neighboring state of Oregon bore the latest brunt of wildfires plaguing much of the western United States over the past week. 10/09/2020 12:57 PM tkl88 BREAKING : Bank Negara Malaysia decides to maintain the Overnight Policy Rate (OPR) at 1.75%, citing improvement in economic activity https://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=5110&lang=en 10/09/2020 3:43 PM masterus Luxembourg Luxembourg strengthens status as offshore renminbi centre Grand Duchy has become a preferred destination for funds investing into China 15/09/2020 2:42 PM masterus China’s currency hits 16-month high on retail spending boost China’s currency hit its highest level in more than a year as retail sales rose for the first time in 2020, underscoring the country’s economic recovery from the coronavirus pandemic. The onshore-traded renminbi strengthened as much as 0.4 per cent to Rmb6.7857 per US dollar on Tuesday, its firmest level since May 2019. That coincided with official data that showed retail spending increased 0.5 per cent in August compared to a year ago. The less tightly regulated offshore-traded renminbi strengthened 0.3 per cent, past Rmb6.8 per dollar. 15/09/2020 2:44 PM masterus Renminbi Gains Strength Against The U.S. Dollar Sep. 16, 2020 5:50 AMUUP, UDN, CYB Summary The Chinese RMB has strengthened against the dollar in the region of 2.5% in the last four weeks. The RMB moved from 6.951 to 6.770 per dollar - equating to a stronger RMB, or a weaker dollar. The RMB is forecast to strengthen further, according to JPMorgan (as reported by the Financial Times). 17/09/2020 6:31 AM Woodswater zhen wei & JP Anyone have any idea why the price down? hahaha Moratorium expired at 30 Sept 2020 19/09/2020 10:42 AM  |
|
