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Ringgit lower against US$ but seen to catch up later

KUALA LUMPUR: The ringgit opened lower against the US dollar fearly Tuesday but the local currency is expected to catch an updraft from the positive regional risk vibe on the back of the US-North Korea summit Tuesday. O...

Malaysia must brace for short-term pain

PETALING JAYA: The long-term outlook of Malaysia has improved significantly with a new government committed to a much better Malaysia. However in the short term, uncertainty remains until the new government’s programmes...

The Petronas-Sarawak oil intrigue

Change in political landscape paves way for a decision on who has control over oil and gas resources once and for all SIX DAYS after former prime minister Datuk Seri Najib Tun Razak announced the dissolution of Parliame...

GSB’s shares up 8% in active trade

KUALA LUMPUR: GSB Group Bhd , a takeover target, saw its shares rose 8% in early trade Monday. The property company rose 8.11%, or 1.5 sen to 20 sen. It is one of the most heavily traded counter with over 29 million sh...

Coca-Cola to invest more in Malaysia

PETALING JAYA: Coca-Cola Bottlers Malaysia, which has made an accumulative investment of RM1.5bil, is not ruling out further significant investments in the country in a move by the international bottler to strengthen its...

Sabah pipeline row: Get your facts right, says Ongkili

KOTA KINABALU: A former federal energy minister, Maximus Ongkili, has criticised Sabah DAP for making wild accusations about the Trans Sabah Gas Pipeline project recently highlighted for allegedly dubious financial trans...

Health minister ready to review Pharmaniaga’s monopoly

PETALING JAYA: A think tank concerned with issues on public health has welcomed Putrajaya’s assurance to review the public healthcare procurement process, in light of criticism of the previous government’s policy of allo...

Dr M calls for review of Trans-Pacific trade pact

KUALA LUMPUR, June 9 ― Malaysian Prime Minister Tun Dr Mahathir Mohamad called for a review of the Trans-Pacific Partnership trade agreement, saying smaller economies like Malaysia were at a disadvantage under the curren...

PKR deputy president gets wider powers

Prime Minister Tun Dr Mahathir Mohamad is entrusting deputy president of Parti Keadilan Rakyat (PKR) Datuk Seri Azmin Ali with wide powers over the economy, the latest move that could stoke rivalries within parties of th...

Britain to face growth slowdown amidst Brexit fears

Confederation of British Industry lowers 2018 growth forecast citing Brexit and heavy snowfall… READ MORE : http://www.euronews.com/2018/06/08/br... What are the top stories today? Click to watch: https://www.youtube.com...

Malaysia considering seeking return of Goldman Sachs’ 1MDB fees: Reuters

KUALA LUMPUR: Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs (GS.N) to return nearly US$600 million (RM2.39 billion) in fees it earned from bonds raised for scandal-tainted 1Mala...

Elon Musk survives Tesla shareholder vote | Money Talks

Tesla is in trouble. In 15 years, it has never made an annual profit. It's failed to hit production targets for it new mass-market sedan which is crucial to the company's long-term profitability. And at its annual shareh...

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