Category: Business

Sort: Date | Title Sort Ascending
View:

RHB Bank Singapore seals world’s largest Islamic hotel financing deal

KUALA LUMPUR: RHB Bank's Singapore branch completed the world’s largest Islamic bilateral hotel financing deal with the Royal Group, for a five-star luxury hotel valued at S$300mil (RM888.72mil). It said on Wednesday th...

Trade tariffs woes hit ringgit

KUALA LUMPUR: The ringgit opened lower against the US dollar in the early trading session on Wednesday, on news tha US President Donald Trump is set to impose a new 10 per cent tariff on a list of US$200 billion worth ...

Bank Negara governor has reason to turn more dovish

KUALA LUMPUR: Malaysia’s new central bank governor presides over her first interest-rate meeting in a better position than most of her peers in Southeast Asia. Unlike her counterparts in Indonesia and the Philippines --...

Bursa, Asian markets hit by more US tariffs on China

KUALA LUMPUR: Key Asian markets and Bursa Malaysia fell early Wednesday as investors exited riskier assets including equities after the US slapped more tariffs on China. At 9.17am, the FBM KLCI was down 4.58 points or 0...

Malaysian palm oil/Vegoils: Market factors to watch Wednesday July 11

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday July 11. FUNDAMENTALS * Malaysian palm oil futures fell more than 1 percent to a two-y...

Malaysian palm oil price hits 2-year low on weaker Dalian oils, stronger ringgit

KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent to a two-year low on Tuesday, hurt by weaker oils on China's Dalian Commodity Exchange and a firmer ringgit. The ringgit rose to its strongest levels aga...

Ringgit opens higher amid lull in trade conflict

KUALA LUMPUR: The ringgit opened higher against the US dollar in the early trading session today, amid a lull in trade war tensions, a dealer said. At 9.00 am, the ringgit was quoted at 4.0180/0230 against the US dollar...

Xiaomi surges 10% after disappointing Hong Kong debut

BEIJING: Xiaomi Corp. surged more than 10 percent a day after its disappointing debut, as investors began to pile into the world’s third-largest listed smartphone maker. The Chinese company surged to a high of HK$18.56,...

Former Goldman Sachs banker in 1MDB plea talks with US, says WSJ

SINGAPORE: A former Goldman Sachs Group Inc. banker is in talks with U.S. prosecutors to potentially plead guilty to criminal charges stemming from an alleged scheme to steal billions of dollars from a Malaysian state in...

Mycron shares jump 27.6% in early trade

KUALA LUMPUR: Shares in Mycron Steel Bhd , which has been on a general uptrend since mid June, rose 27.6% in early trade.   The cold-rolled coil (CRC) manufacturer, is one of the top gainers, rising 10.5 sen, or 27.63...

BNM expected to keep OPR at 3.25%

KUALA LUMPUR: Standard Chartered Global Research (StanChart) expects the Bank Negara Malaysia (BNM) to keep the overnight policy rate on hold at 3.25 per cent at the fourth Monetary Policy Committee meeting on July 11 an...

KLCI closes higher as Asian markets pick up positive sentiment

KUALA LUMPUR: Asian markets took a running start to the week with all key markets rising as Friday's US payroll data lifted sentiment. Japan's Nikkei climbed 1.2% while in China, the Shanghai Composite Index rose 2.5%...

Page 2 of 28112345...102030...Last »