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Beat of the Nation
Sat, 21 Sep 2019, 3:07 PM
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Topic: Deutsche Bank

Malay Mail:
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Commerzbank says to slash 4,300 jobs in new restructuring round
FRANKFURT, Sept 20 — Germany’s second-largest lender Commerzbank said today it plans to cut the equivalent of 4,300 full-time posts, one-tenth of its workforce, and shutter 200 branches in a fresh...
Malay Mail:
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ECB weighs investigating Deutsche Bank over alleged unauthorised bond purchases, says sources
FRANKFURT, Sept 18 — The European Central Bank is examining whether to open a formal investigation into Deutsche Bank for allegedly buying some of its own securities without authorisation, two peopl...
Malay Mail:
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Euro surges as investors see ECB done with stimulus
LONDON, Sept 13 — The euro rocketed to a 17-day high against the dollar today as German government bond yields surged on the back of investors thinking the European Central Bank was done stimulating...
Malay Mail:
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UK finance minister Javid says he is ‘turning the page on austerity’
LONDON, Sept 4 — British finance minister Sajid Javid said he was “turning the page on austerity” as he outlined spending increases which are widely seen part of a push for an early election by ...
Malay Mail:
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UK's finance minister set to boost spending as prospect of election grows
LONDON, Sept 4 ― British finance minister Sajid Javid will announce increases in public spending today, preparing the ground for a possible snap election call by Prime Minister Boris Johnson who is ...
Malay Mail:
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Deutsche CEO to invest 15pc of monthly net pay in bank’s shares
FRANKFURT, Sept 2 — Deutsche Bank’s chief executive Christian Sewing will spend 15 per cent of his monthly net salary buying the German lender’s shares starting in September, a regulatory filing...
Malay Mail:
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Pound set for biggest monthly gain vs euro in 5 months
LONDON, Aug 30 — The pound edged higher versus the euro today and is set for its biggest monthly rise in five months as investors pared some of their excessive short bets against the British currenc...
Malay Mail:
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US fines Deutsche Bank US$16m to settle China, Russia corruption charges
WASHINGTON, Aug 23 — Deutsche Bank has agreed to pay more than US$16 million (RM67 million) to settle charges that it violated US corruption laws by hiring relatives of foreign government officials ...
Malay Mail:
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Humbled Deutsche Bank faces battle in its own backyard
FRANKFURT, Aug 20 — Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the ...
The Star:
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Humbled Deutsche Bank faces battle in its own backyard
FRANKFURT: Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender's recovery.
Malay Mail:
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Stimulus hints drive European stocks higher
BERLIN, Aug 19 — European stock markets rose for the second session running today, with Frankfurt shares leading a recovery from last week’s six-month lows as investors cheered signs of moves by G...
The Edge Markets:
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Glencore starts copper concentrates blending facility in Taiwan
LONDON (July 26): Glencore has started a new copper concentrates blending facility in Taiwan to mix clean material with ores containing high levels of arsenic, three sources familiar with the matter s...
Malay Mail:
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Barclays eyes up to US$20b chunk of Deutsche Bank prime finance book, say sources
LONDON, July 25 — Barclays is looking to take on a US$20 billion (RM82.3 billion) portion of Deutsche Bank’s prime brokerage business, sources told Reuters, under plans to become Europe’s premie...
Malay Mail:
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EU urges reforms against multi-billion-euro annual flow of dirty money
BRUSSELS, July 24 — The European Commission said today more should be done to counter the multi-billion-euro flow of dirty money in the European Union as major shortcomings have emerged in the way b...
Malay Mail:
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Restructuring pushes Deutsche Bank into red in Q2
FRANKFURT, July 24 — Deutsche Bank, Germany’s biggest lender, said today that a new restructuring programme pushed it deeply into the red in the second quarter.
The Borneo Post:
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Sarawakian wins prestigious Germany women’s scholarship
Amelia Roziman KUCHING: Business Events Sarawak (BESarawak) chief operating officer Amelia Roziman, a Sarawakian, is among two winners from around the globe awarded the European School of Management ...
The Star:
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Deutsche Bank posts Q2 loss of US$3.51b on restructuring costs
FRANKFURT: Deutsche Bank said on Wednesday the German lender posted a larger-than-forecast loss of 3.15 billion euros (US$3.51 billion) in the second quarter due to major restructuring costs.
Malay Mail:
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Restructuring plunges Deutsche Bank into red in Q2
FRANKFURT, July 24 — Germany’s biggest lender Deutsche Bank today reported a net loss of €3.2 billion (RM14.6 billion) in the second quarter, as the troubled financial giant lurched into its lat...
The Star:
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South Korea, Indonesia cut key rates, more Asian policy easing seen
SEOUL/JAKARTA: South Korea and Indonesia cut their benchmark interest rates for the first time in years on Thursday, not waiting for an expected reduction soon in U.S. rates as they aim to help borrowers cope with mounting risks to economic growth.
Malaysiakini:
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Kit Siang welcomes RM10m suit, says ex-AG can explain 1MDB inactivity
DAP supremo Lim Kit Siang has welcomed Mohamed Apandi Ali's RM10 million suit against him, stating that it would be an opportunity for the former attorney-general to explain his alleged "inactivity" w...
The Star:
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Latest returned 1MDB haul includes 'King Kong' poster, Basquiat artwork
LOS ANGELES (Bloomberg): A vintage French "King Kong" poster, a Jean-Michel Basquiat drawing, and several luxury watches are among the latest haul of returned treasures that were allegedly bought with money stolen from the Malaysian 1MDB state fund.
Malay Mail:
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S&P reaffirms Deutsche Bank ratings after restructuring
NEW YORK, July 16 — S&P reaffirmed Deutsche Bank’s credit ratings yesterday, calling a restructuring plan “necessary,” while noting that the bank still faces a challenging economic environment...
theSun:
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BN leaders still trying to keep lid on 1MDB scandal, says Kit Siang
PETALING JAYA: It is a crying shame that there are still Malaysian leaders trying to keep the veil on the 1MDB scandal and prevent open scrutiny of the scandal, Lim Kit Siang (pix) said today.
Malaysiakini:
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Crying shame that some BN leaders still trying to keep a lid on 1MDB
MP SPEAKS | It is a crying national shame that while the world is trying to get to the bottom of the heinous global 1MDB scandal, described by the former United States attorney-general as “kleptocra...
Malay Mail:
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Deutsche Bank CEO blasts execs over suit fitting on day of layoffs
FRANKFURT AM MAIN, July 12 — The chief executive of Deutsche Bank, Germany’s biggest lender, said he has personally rebuked managers who ordered tailors to fit suits at their London office as thou...
EdgeProp.my:
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US investigating Deutsche Bank’s dealings with 1MDB — report
KUALA LUMPUR (July 12): The US Department of Justice (DoJ) is investigating whether German lender Deutsche Bank (pictured) violated foreign corruption or anti-money laundering laws in its work for 1Ma...
theSun:
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US investigates Deutsche Bank on 1MDB work
WASHINGTON: The US Department of Justice’s mushrooming investigation into the scandal-ridden 1MDB has extended to Deutsche Bank, two people familiar with the matter told AFP Thursday.
Malay Mail:
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FTSE 100 slips as healthcare giants overshadow Fed-driven rally
LONDON, July 12 ― London's main index skidded for the sixth straight session yesterday as investors sold off healthcare stocks after Washington withdrew a rebate rule aimed at lowering drug prices, ...
The Borneo Post:
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Report: US Dept of Justice investigates Deutsche Bank over 1MDB connection
WASHINGTON: The US Department of Justice opened an investigation into whether Deutsche Bank, Germany’s embattled biggest lender, violated foreign financial laws in its work for 1MDB, American media ...
Malay Mail:
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Fed rate cut hopes help FTSE 100 end four-day losing streak
LONDON, July 11 — London’s main index snapped a four-day losing streak today as dovish comments from the US central bank reinforced bets of an interest rate cut and lifted broader sentiment, while...
Malaysiakini:
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Now Deutsche Bank under DOJ's microscope over 1MDB
The US Department of Justice is probing Germany's Deutsche Bank over its involvement in the 1MDB scandal.
Channel NewsAsia:
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US Department of Justice investigates Deutsche Bank over 1MDB connection: Report
WASHINGTON: The US Department of Justice opened an investigation into whether Deutsche Bank, Germany's embattled biggest lender, violated foreign financial laws in its work for 1MDB, American media r...
The Edge Markets:
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Ringgit rises as Fed easing looms, oil rallies
KUALA LUMPUR (July 11):Ringgit climbs for a second day as a looming U.S. interest-rate cut bolsters demand for risk assets.
Malay Mail:
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Germany’s biggest bank under US scope over past dealings with 1MDB
KUALA LUMPUR, July 11 — The US Justice Department is finally investigating Deutsche Bank to see if Germany’s biggest bank violated foreign corruption or anti-money laundering laws when it helped 1...
The Edge Markets:
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U.S. investigating Deutsche Bank’s dealings with 1MDB – WSJ
KUALA LUMPUR (July 11): The U.S. Justice Department is investigating whether the German lender Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for the 1Malaysia Dev...
kopiandproperty.com:
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Bad news may happen anywhere, anytime. Impact and Preparation?
I shared this news which was reported in all medias in a sales training session I was conducting yesterday.
Malay Mail:
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Sewing faces sceptical Deutsche Bank investors on revamp roadshow
FRANKFURT, July 10 — Deutsche Bank investors will press Chief Executive Christian Sewing on how he will deliver on revenue growth targets during a global roadshow to win backing for his €7.4 billi...
CarSifu:
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Emissions rules and electric shift to spur car engines M&A
FRANKFURT/DETROIT: A growing understanding in the car industry of the value of combustion engine technology able to meet new anti-pollution requirements is likely to fuel a wave of consolidation in th...
Malay Mail:
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Deutsche Bank shares slide as investors digest revamp
FRANKFURT, July 9 — Shares in Deutsche Bank, Germany’s embattled biggest lender, continued to decline in trading today, as analysts said the jury was still out on the massive restructuring announc...
The Star:
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Trading ideas: Barakah, TDM, Mestron, London Biscuits
KUALA LUMPUR: Barakah Offshore Petroleum Bhd, TDM Bhd, Mestron Holdings Bhd and London Biscuits are among the stocks to watch on Tuesday, according to JF Apex Research.
Malaysiakini:
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Big axe falls as Deutsche Bank lays off 18,000 staff
Deutsche Bank laid off staff from Sydney to New York yesterday as it began to slash 18,000 jobs in a 7.4 billion euro (RM34.38 billion) “reinvention” that will lead to yet another annual loss, a p...
Malay Mail:
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Big axe falls as Deutsche Bank to lay off 18,000 in US$8.3b 'reinvention'
FRANKFURT, July 9 ― Deutsche Bank laid off staff from Sydney to New York yesterday as it began to slash 18,000 jobs in a €7.4 billion (RM34.4 billion) “reinvention” that will lead to yet anoth...
Malay Mail:
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European shares slip on Deutsche Bank, fading hopes of sharp Fed cut
LONDON, July 9 ― Banks led European shares slightly lower yesterday as Deutsche Bank slid despite a major restructuring move, while fading hopes of a sharp interest-rate cut by the US Federal Reserv...
Malay Mail:
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Deutsche Bank shares rise after shake-up to cut 18,000 jobs
FRANKFURT, July 8 — Deutsche Bank shares rose today as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting th...
Malay Mail:
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Deutsche Bank axes whole teams in Asia-Pacific as job cuts begin
SYDNEY, July 8 — Whole teams in Deutsche Bank's Asian operations were told their positions were gone today, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an inves...
Malay Mail:
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After Deutsche Bank cuts, where will the growth be?
LONDON, July 8 — For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy — if expensive — part of his restructuring plan.
Malay Mail:
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Deutsche Bank to cut 18,000 jobs in €7.4b overhaul
FRANKFURT, July 8  — Deutsche Bank is to axe vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring ...
Malaysiakini:
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Haziq to appeal PKR sacking
Former PKR Santubong Youth chief Haziq Abdullah Abdul Aziz will be appealing his recent sacking from the party.
Malay Mail:
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Deutsche Bank’s investment bank chief exits in unfolding multi-billion dollar overhaul
FRANKFURT, July 5 — Deutsche Bank said its investment bank head agreed to step down today in a sign of the division’s waning influence as Germany’s largest lender readies a multi-billion dollar ...
Malay Mail:
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Deutsche Bank restructuring to cost up to US$5.6b, says source
FRANKFURT, July 3 — Deutsche Bank expects the cost of a major overhaul in the works to be up to €5 billion (RM23.4 billion), one person familiar with the matter said today.
Malay Mail:
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Deutsche Bank shares rise on reports of layoff plans
FRANKFURT, July 1 — Shares in Germany’s biggest lender Deutsche Bank rose today, as investors reacted to multiple press reports the financial firm plans thousands of layoffs in its battle to escap...
Malaysiakini:
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MACC: We looked into Azmin's alleged accounts from S'gor MB time
The MACC today said it had scrutinised alleged bank accounts belonging to Economic Affairs Minister Mohamed Azmin Ali during the period he was Selangor menteri besar but found they were untrue.
Malay Mail:
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Deutsche Bank supports European shares ahead of G20 meeting, US-China talks
BERLIN, June 28 — Germany’s top lender Deutsche Bank propped up European stocks today, but investors were generally cautious ahead of a pivotal G20 meeting where progress on US-China trade talks w...
The Star:
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‘UEM transaction faked’
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has cleared Datuk Seri Azmin Ali of any wrongdoing but police investigation into the sex video implicating the Economic Affairs Minister is still ongoing.
The Borneo Post:
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RM3.1 mln transaction to Azmin’s account does not exist – MACC
Datuk Seri Azam Baki – Bernama file photo KUALA LUMPUR: The alleged transfer of US$741,440 (about RM3.1 million) from engineering giant UEM Group Berhad into a bank account purportedly belonging to...
theSun:
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MACC clears Azmin of RM3.1m transfer allegations
KUALA LUMPUR: The alleged transaction of US$741,440 (RM3.6 million) from UEM Group Bhd into an account bearing the name of Datuk Seri Mohamed Azmin Ali did not take place, investigations by the Malays...
The Straits Times:
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Malaysia's anti-graft agency clears Azmin of shady money transfer allegations
KUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - The Malaysian Anti-Corruption Commission (MACC) has cleared Economic Affairs Minister Azmin Ali of any wrongdoing in allegations that he was behind question...
The Star:
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MACC clears Azmin of shady money transfer allegations (updated)
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has cleared Economic Affairs Minister Datuk Seri Azmin Ali of any wrongdoing in allegations that he was behind questionable money transfers.
Malay Mail:
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MACC clears Azmin, UEM of ‘shady’ RM3.1m money transfers as alleged by Umno man
KUALA LUMPUR, June 26 — Investigations by the Malaysian Anti-Corruption Commission (MACC) showed an alleged transfer of US$741,440 (about RM3.1 million) from engineering giant UEM Group Berhad into ...
Malay Mail:
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Deutsche Bank faces FBI investigation for possible money-laundering lapses, source reveals
FRANKFURT, June 20 — The US Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said today.
The Star:
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FIMM appoints Mohd Ridzal Mohd Sheriff as chairman
KUALA LUMPUR: The Federation of Investment Managers Malaysia (FIMM) has appointed Mohd Ridzal Mohd Sheriff as its new chairman, effective June 12.
Malay Mail:
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Deutsche Bank seeks to shed risky assets as part of overhaul, say sources
FRANKFURT, June 19 — Deutsche Bank is aiming to cut up to a quarter of its riskiest assets in the next few years, people familiar with the matter said, shedding more light on how the German lender i...
Tech in Asia:
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M17’s ill-fated IPO: CEO reveals all
Year-on-year revenue growth of over 10x.
The Star:
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Hong Kong regulator probing book-building for equities and bonds
HONG KONG: Hong Kong's securities regulator is reviewing how banks build books for equity and debt capital raisings, one of the city's top regulators said on Monday, warning about potential conflicts of interest.
The Star:
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Deutsche Bank to set up 50b euro bad bank
FRANKFURT: Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.
The Star:
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Deutsche Bank to set up 50 billion euro bad bank
LONDON: Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday.
Malay Mail:
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FCA-Renault deal hopes aid European shares
JUNE 10 — Strong Chinese export data and the US-Mexico deal to avoid new import tariffs bolstered the mood on European stock markets today, while car company shares also got a lift from signs of mov...
CarSifu:
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VW's Porsche CEO probed by prosecutors, says German daily
FRANKFURT: German prosecutors are investigating the chief executive of Volkswagen’s Porsche business, Oliver Blume, over a possible breach of fiduciary trust tied to payments made to a Porsche works...
Malay Mail:
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Global survey: KL cheapest for five-star hotel stay, second cheapest for weekend getaway
KUALA LUMPUR, May 25 ― Kuala Lumpur could be the ideal tourist destination for globe-trotters seeking a good deal as it has the cheapest five-star hotel room rates, a global survey of cities has sho...
Malay Mail:
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Lifestyle-friendly: Global survey shows KL has cheap cinema tickets, gym memberships, restaurants
KUALA LUMPUR, May 23 — The next time you complain about how expensive Kuala Lumpur is, just remember that a global survey showed the city has some of the cheapest movie tickets, gym memberships and ...
The Edge Markets:
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KL ranked No 49 to rent a mid-range 2-bedroom apartment, says Deutsche Bank
KUALA LUMPUR (May 23): According to the Deutsche Bank’s 8th annual survey of global prices and living standards, Kuala Lumpur ranked No 49 to rent a mid-range 2-bedroom apartment at US$448 a month.
SoyaCincau.com:
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The iPhone XS is cheaper in KL than in Singapore
Apparently, it is cheaper to get the iPhone XS in Malaysia than in Singapore.
EdgeProp.my:
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KL ranked No 49 to rent a mid-range 2-bedroom apartment, says Deutsche Bank
KUALA LUMPUR (May 22): According to the Deutsche Bank’s 8th annual survey of global prices and living standards, Kuala Lumpur ranked No 49 to rent a mid-range 2-bedroom apartment at US$448 month.
Malay Mail:
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Survey: KL fifth most expensive city to buy a car, but petrol here among cheapest
KUALA LUMPUR, May 22 — Malaysia’s capital is the fifth most expensive city to buy a new mid-size car when compared against 54 other cities globally, but ironically has the fourth cheapest petrol p...
Malay Mail:
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Survey shows iPhone XS cheaper in KL than Singapore, branded sneakers among cheapest worldwide
KUALA LUMPUR, May 22 — Malaysia is one of the cheapest places to buy an iPhone XS and even edges out Singapore marginally in terms of price, according to Deutsche Bank’s latest annual survey cover...
Malay Mail:
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European stocks fall on worries about Huawei fallout
LONDON, May 21 ― European stocks recorded broad-based losses yesterday, as a US crackdown on China's Huawei Technologies rekindled concerns about worsening global trade and wilted the continent's tr...
Malay Mail:
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Trump rejects NYT report on Deutsche Bank transactions
WASHINGTON, May 20 — US President Donald Trump today rejected a New York Times report that raised questions about multiple Deutsche Bank transactions involving entities controlled by him and his son...
Malay Mail:
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Deutsche says money-laundering reports not waived for Trump
FRANKFURT, May 20 — Germany’s largest lender Deutsche Bank failed to forward suspicions about transactions involving US President Donald Trump to American authorities, the New York Times reported,...
Malay Mail:
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Chipmakers weigh on European markets as Huawei fallout spreads
BERLIN, May 20 — European stock markets struggled in the face of a US crackdown on China’s Huawei Technologies today after a report that German-based chipmaker Infineon had halted shipments to Hua...
Malay Mail:
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Investors renew calls for Deutsche Bank to trim investment bank
FRANKFURT, May 17 — Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week.
The Edge Markets:
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Pua: BNM's monthly bond issuance a normal move to support budget deficit, Najib...
KUALA LUMPUR (May 16): Monthly bond issuance by Bank Negara Malaysia is part and parcel of the ordinary course of operations to support Putrajaya's budget deficit, and is far different from the issuan...
Malay Mail:
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Germany searches homes, asset managers in nationwide tax evasion raid
FRANKFURT, May 16 — Frankfurt public prosecutors said they led a nationwide raid on eight homes and six asset managers yesterday as part of an investigation into wealthy individuals suspected of tax...
Malay Mail:
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European Commission prepares raft of banking reforms after Brexit
LONDON, May 15 — The European Commission is working on its largest regulatory push on banking since the financial crash that could curb Britain’s access to the bloc, according to an internal draft...
Malay Mail:
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German tax investigators swoop in ‘Offshore Leaks’ raids
BERLIN, May 15 — German investigators swooped on the homes of wealthy individuals and financial firms today in nationwide dawn raids, as part of a tax evasion investigation triggered by high-profile...
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Sources: UniCredit advances toward takeover bid for Germany’s Commerzbank
LONDON, May 14 — UniCredit has engaged investment bankers, including a former top German official, to advise it on a potential bid to buy Commerzbank , according to three people familiar with the ma...
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Dollar rests on yield support, talk of upbeat payrolls
SYDNEY, May 3 — The dollar was trying to end the week with a firmer tone today as markets scaled back bets on a US rate cut and some speculated that looming jobs data could surprise on the high side...
The Star:
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Trump sues two banks
NEW YORK: US President Donald Trump, along with his family and businesses, sued Deutsche Bank and Capital One in an attempt to stop them from complying with Congressional subpoenas issued as part of a probe into foreign political influence.
Malay Mail:
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Trump sues Deutsche Bank and Capital One to block House subpoenas
WASHINGTON, April 30 — US President Donald Trump, three of his children and seven of his companies filed a federal lawsuit yesterday against Deutsche Bank and Capital One Financial Corp to block the...
Malay Mail:
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Deutsche Bank sticks to targets after merger talks bust
FRANKFURT AM MAIN, April 26 — Germany’s biggest lender Deutsche Bank said today it was sticking to its full-year targets for 2019, a day after reporting stronger first-quarter performance alongsid...
Malaysiakini:
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Goldman Sachs and other banks targeted by climate activists in London
More than 300 environmental activists sowed chaos through London’s financial district on Thursday, glueing themselves to the stock exchange and blocking roads outside the Bank of England and major b...
Malay Mail:
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German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT, April 25 — Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-ban...
Malay Mail:
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Deutsche Bank handing over Trump loan documents, says source
NEW YORK, April 25 — Deutsche Bank has begun to provide documents on financing for some of President Donald Trump's projects to New York State authorities, a source familiar with the matter told AFP...
Malay Mail:
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European shares hit highest since August on Credit Suisse, SAP
LONDON, April 24 — World shares pared back losses today as positive earnings in Europe from Credit Suisse and investor support for SAP helped soothe worries that China has put broader stimulus on ho...
The Edge Markets:
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Asian Stocks Set for Gains After U.S. Hits Record
(April 24): Asian stocks are poised for gains after their U.S. counterparts closed at record highs on the back of better-than-forecast earnings.
Malay Mail:
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Update on Deutsche Bank-Commerzbank merger talks by Friday at latest, say sources
FRANKFURT, April 23 — Deutsche Bank is expected to announce by Friday at the latest an update on its merger talks with Commerzbank, which are now in their sixth week, people familiar with the matter...
The Edge Markets:
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Asia Stocks Set to Gain; Oil Hits Six-Month High
(April 23): Stocks in Asia are set for modest gains after U.S. equities edged higher as investors awaited a deluge of earnings news.
The Edge Markets:
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Muted Start Seen in Asia in Holiday Hit Trading
(April 22): Stocks in Asia are set for a muted start Monday as the Easter holiday weekend continued in many countries.
Malay Mail:
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China data, JPMorgan results lift stocks, riskier assets
NEW YORK, April 13 ― Global stocks rose on Friday after JP Morgan's results kicked off the US corporate earnings season in style, while signs of stabilisation in China's economy helped riskier asset...
Digital News Asia:
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AirTrunk completes US$333mil financing to launch hyperscale data centre in Singapore
AIRTRUNK, a specialist in hyperscale data centres, announced the completion of a new US$333 million (S$450 million; RM1.4 billion) financing to begin expansion across the Asia Pacific with the develop...
Malay Mail:
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Commerzbank chairman dismisses ‘irresponsible’ reports of dissatisfaction with CEO
FRANKFURT, April 11 — Commerzbank’s supervisory board chairman on today dismissed reports of board dissatisfaction with its chief executive as irresponsible and unfounded.
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