Palma in Spain's Balearic Islands bans almost all Airbnb-style rentals
MADRID: Palma de Mallorca, capital of Mediterranean tourist destination the Balearic Islands, voted on Thursday to ban almost all short-term rentals of private homes like those on Airbnb, which locals say have triggered sharp rises in rental prices.
Under the new regulation, Palma joins scores of ...
KUALA LUMPUR (Dec 12): J.P. Morgan analyst Harsh Wardhan Modi upgraded the recommendation on CIMB Group Holdings Bhd to neutral from underweight.
* Price target (PT) lowered to RM5.40 from RM5.50. CIMB average PT is RM6.44.
* CIMB had 11 buy, 12 holds, 1 sell previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 3.6 percent in the past three months.