Wednesday, February 21, 2018

Business

Economists: Bank Negara to raise benchmark rate well before polls

KUALA LUMPUR: The central bank is expected to raise its benchmark rate for the first time in 18 months on Thursday, a Reuters poll...

PNB, EPF in talks to buy London’s Battersea for RM8.8b

LONDON: The owners of Battersea Power Station, a huge industrial building in London currently being turned into homes, offices and shops by a Malaysian...

Ringgit to resume 2018 on stronger footing

KUALA LUMPUR: The ringgit’s rally is expected to continue into 2018, strengthening to the 4.00 region against the US dollar, on support from weak...

Bursa Malaysia concludes 2017 on good note

KUALA LUMPUR: Bursa Malaysia concludes 2017 on a relatively good note with positive aspects such as the stabilisation of crude oil prices, firmer ringgit,...

Eventful 2017 for the Malaysian corporate scene

KUALA LUMPUR: It has been an eventful year for corporate development in 2017 with major movers and shakers in the motor vehicle, energy, plantation,...

Bursa Malaysia may take a breather next week

KUALA LUMPUR: Bursa Malaysia is still within the uptrend channel but after the steep rally over the past few trading days, stocks on the...

MaxTerminal bringing Malaysia one step closer toward cashless society

KUALA LUMPUR: Malaysians who travel overseas will now be able to remit money abroad using only their debit cards at selected retail outlets. Max Money,...

Proton-Geely tie-up to benefit 230 vendors

KUALA LUMPUR: More than 230 vendors will benefit from Proton Holdings Bhd’s (Proton) tie-up with China’s Zhejiang Geely Holding Group (Geely), the Dewan Rakyat...

Sovereign ratings remain intact with robust GDP forecast – RAM Ratings

KUALA LUMPUR: Budget 2018 supports growth while still focusing on fiscal consolidation with the country’s respective global- and ASEAN-scale gA2 and seaAAA sovereign ratings...

Ringgit likely to trade marginally lower against US dollar

KUALA LUMPUR: The ringgit is likely to trade marginally lower next week as the US dollar is anticipated to strengthen further in the light...

Bursa Malaysia likely to rebound next week

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to rebound next week with the benchmark index moving between 1,750 and 1,760...

Malaysia rises above expectations to record robust growth in first half of 2017

KUALA LUMPUR: Malaysia leveraged on its strong economic fundamentals in rising above expectations to record robust growth in the first six months of 2017. The...

Malaysia posts net FDI inflow of RM47.2 billion for 2016

KUALA LUMPUR: Malaysia posted a net foreign direct investment (FDI) inflow of RM47.2 billion in 2016 against RM39.4 billion in 2015, coming mostly from...

Asia has more billionaires than the US

WASHINGTON: Asian billionaires outnumbered their US counterparts for the first time in 2016, and the total wealth of Asian billionaires will likely to overtake...

Bursa Malaysia expected to recover next week on bargain hunting

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to rebound next week on bargain hunting due to strong external factors coupled...

2018 Budget to fuel ringgit trading

KUALA LUMPUR: The anticipation of a positive 2018 Budget, which will be tabled in Parliament on Oct 27, is likely to support the demand...

Bursa Malaysia expected to trend lower

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to trend lower next week and in cautious mode, with the benchmark index...

Ringgit to trade around current level next week

KUALA LUMPUR: The ringgit is likely to trade around current level next week amid mixed market sentiment, mostly influenced by external development, dealers said. The...

HIGHLIGHT

TOP PICKS

NEWS

STRAIGHT TALK

OUTLOOK

MOVC

BM