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Bursa Malaysia ends on cautious note

KUALA LUMPUR: Bursa Malaysia ended the day on a cautious note, pending further market direction amid global economic uncertainty. The benchmark FTSE Bursa...

Ringgit slips ahead of Jackson Hole symposium

KUALA LUMPUR: The ringgit closed lower against the US dollar today following tepid trading ahead of the highly-anticipated Jackson Hole symposium. At...

AirAsia X Q2 net loss widens

PETALING JAYA: AirAsia X Bhd’s (AAX) net loss for the second quarter ended June 30, 2019 widened to RM207.11 million from RM57.46 million...

Disposal gain lifts Boustead Plantations back to profitability

PETALING JAYA: Boustead Plantations Bhd returned to profitability with a net profit of RM79.23 million reported for the second quarter ended June...

Allianz quarterly earnings up 31%

KUALA LUMPUR: Allianz Malaysia Bhd’s net profit for the second quarter ended June 30, 2019 surged 30.93% to RM117.67 million from RM89.87...

Petron’s second quarter earnings at RM56m

PETALING JAYA: Petron Malaysia Refining & Marketing Bhd reported a 39.2% drop in net profit to RM56.22 million for the second quarter...

RAM: Central banks’ dovish stance to weigh on Malaysian bond yields

PETALING JAYA: Domestic bond yields continue to face downward pressure from the prospect of a low global interest rate environment and consequent search...

AMMB’s Q1 net profit up 12.6% on higher income

PETALING JAYA: AMMB Holdings Bhd’s net profit for the first quarter ended June 30, 2019 (Q1FY20) jumped 12.6% to RM391.46 million from RM347.59...

TNB’s Jimah East power plant commences operations

PETALING JAYA: Tenaga Nasional Bhd (TNB) announced that the first of the two coal-fired plants owned and operated by its subsidiary Jimah...

AMMB Q1 net profit up 12.6%

PETALING JAYA: AMMB Holdings Bhd’s net profit for the first quarter ended June 30, 2019 (Q1FY20) jumped 12.6% to RM391.46 million from RM347.59...

BNM international reserves dip 0.8% to US$103.1 billion as at August 15

PETALING JAYA: Bank Negara Malaysia’s (BNM) international reserves amounted US$103.1 billion (RM431.01 billion) as at August 15, 2019, 0.8% dip from US$103.9...

Media Prima posts RM8.83m net loss in Q2

PETALING JAYA: Media Prima Bhd reported a net loss of RM8.83 million for the second quarter ended June 30, 2019 against a...

Shell enters Australia power industry with $419 mln bid for ERM Power

MELBOURNE: Royal Dutch Shell has made its first foray into Australia's highly competitive power sector with a A$617 million ($419 million) takeover offer...

Macron says tech giants enjoy ‘permanent tax haven status’

PARIS: French President Emmanuel Macron, who will defend a global tax on tech giants at this weekend's G7 meeting, on Wednesday criticised...

Trump attacks Ford Motor for not backing fuel economy rollback

WASHINGTON: U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration's plan to roll...

Oil inches higher after U.S. crude stocks drawdown, economic worries weigh

SINGAPORE: Oil prices edged higher on Thursday after a drawdown in U.S. crude inventories, but lingering concerns over the global economy and a...

Bursa Malaysia opens higher on improving global sentiment

KUALA LUMPUR: Bursa Malaysia rebounded to open higher today tracking overnight gains of global indices as the latest data shows retail purchasing in...

Ringgit unchanged at opening

KUALA LUMPUR: The ringgit opened flat against the US dollar on lack of catalysts. At 9.22am, the ringgit was unchanged at Wednesday’s...

US stocks rise despite more bond yield turmoil, Europe also higher

NEW YORK: Wall Street stocks resumed their upward climb Wednesday, shrugging off a key warning sign in the Treasury bond market and barreling...

Affordable Home Fund eligibility criteria expanded

PETALING JAYA: Bank Negara Malaysia (BNM) has expanded the eligibility criteria for the RM1 billion Fund for Affordable Homes. Bank Negara Malaysia governor...

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