NEW YORK — U.S. stocks soared after a measure of manufacturing activity prove brighter than expected, and separate offers of fresh equity from Swiss bank UBS AG and Lehman Brothers Holdings Inc. draw a warm reception.
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Fee-based activities to contribute more to group income
OSK Holdings Bhd expects more of its income in future to come from fee-based activities instead of stock trading income. Share trading is an old business, said group managing director and chief executive officer Ong Leong Huat.
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