Business

 Bursa Malaysia likely to trend lower next week

KUALA LUMPUR: Bursa Malaysia will likely trend lower next week on profit-taking and influenced by fears of a US interest rate hike, alongside declining commodity prices. Affin Hwang...

McDonald’s Malaysia to invest RM1.4 billion on expansion

PETALING JAYA: McDonald’s Malaysia is investing RM1.4 billion to increase the number of its outlets to 450 nationwide by 2025. Managing Director/Operating Partner, Azmir Jaafar,...

Credit card usage by Malaysian women rises 129 percent

Credit card usage by Malaysian women increased 129 per cent over the last five years, while for men, it grew 71 per cent over...

Bursa to rebound next week on improved demand

Bursa Malaysia is expected to start the first week of the second half of the year on a firmer note as it rebounds from...

Australia, New Zealand launch trade negotiations with Pacific Alliance

Australia and New Zealand each announced on Saturday the start of free trade agreement negotiations with the Pacific Alliance trade bloc. The alliance, which comprises...

AirAsia orders 14 more A320CEO aircraft

Low-cost carrier, AirAsia, has signed a deal with Airbus to order 14 additional A320ceo aircraft to cater to its higher than expected near-term growth...

Asean and China beckon for Proton with Geely

The Asean countries and China are now within reach for Proton to market its cars following  its recent strategic partnership deal with China's Geely...

Malaysia committed to increasing investments in Indonesia

Malaysia is committed to increasing investments in Indonesia, said Minister of International Trade and Industry Mustapa Mohamed. He said in this regard, both countries will...

Extended consolidation, rotational play expected next week

Extended consolidation and rotational buying in index-linked counters, second and lower liners at Bursa Malaysia is expected for the coming holiday-shortened trading week. Technically, dealers...

Ringgit likely to trade higher versus US dollar next week

The ringgit is expected to trade higher versus the US dollar next week, and hover around the 4.2-level, supported by buying from foreign and...

Bursa Malaysia to be firmer next week

Bursa Malaysia is expected to be on an uptrend next week, driven by the steady ringgit as well as the "feel good" sentiment in...

RHB-Ambank to take number one spot in asset management, insurance, broking

The RHB Bank Bhd (RHB) and AMMB Holdings Bhd (AmBank) merger would allow the enlarged entity to claim the number one spot for asset...

Ambank and RHB to commence merger discussion

AMMB Holdings Berhad (AmBank Group) and RHB Bank Berhad (RHB Banking Group) announced yesterday that approval from Bank Negara Malaysia (BNM) has been obtained...

Tabung Haji project in TRX to boast of iconic and spectacular design

The Pilgrims Fund Board or Lembaga Tabung Haji's property development in Kuala Lumpur's new international financial district, the Tun Razak Exchange (TRX), will boast...

Proton set to prosper in mega cross -border deal

Proton Holdings Bhd's switching from a single-country sole ownership to a cross-border international joint venture with China's Zhejiang Geely Holding Group Co, in a...

Bursa Malaysia to trend higher, test 1,800 level next week

Bursa Malaysia is expected to trend higher next week on improved global sentiment and a stronger ringgit with the benchmark index inching upwards to...

AirAsia shares up on signing of MoU with two Chinese partners

AirAsia Bhd's shares rose in early session today following a memorandum of understanding signed between the low-cost airline and two Chinese partners to set...

Ringgit firmer in early trade

The ringgit appreciated against the US dollar, in early trade today, spurred by fresh buying interest for the local note amid THE weaker greenback,...

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