Sunday, November 19, 2017

Business

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...

FBM KLCI to trade higher

KUALA LUMPUR: The FBM KLCI is likely to trade higher next week as the momentum builds up in the run-up to Budget 2018 presentation...

E-commerce boom will put Malaysia on global logistic map

KUALA LUMPUR: Evolvement of the e-commerce sector will put Malaysia on track as a leading Asean logistic hub, hence putting it on the global...

Iskandar Malaysia to take on millennial-driven economy

ISKANDAR PUTERI: Iskandar Malaysia must be ready to facilitate new transformation, which means taking into account the new economy driven by millennials, said Menteri...

Oil prices fall for second day on oversupply concerns

TOKYO: Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that a global...

New CEO can lead Proton’s global foray – Mustapa

KOTA BHARU: Newly-appointed Perusahaan Otomobil Nasional Sdn Bhd (PONSB) chief executive officer Dr Li Chunrong could help spur the national automaker’s global forays, International...

Bursa Malaysia to stage mild recovery

KUALA LUMPUR: Bursa Malaysia is likely to stage a mild recovery next week with the key index inching towards the 1,772-level on bargain hunting,...

Ringgit to see range-bound trading against greenback next week

KUALA LUMPUR: The ringgit is expected to trade in a narrow range with a downward bias of between 4.19 and 4.22 against the US...

DRB-Hicom completes stake sale in Proton for RM460.3 million

KUALA LUMPUR: DRB-HICOM Bhd has completed the proposed share subscription of 49.9 per cent stake, or 547.02 million shares, in Proton Holdings Bhd (PHB)...

BNM: Malaysia’s reserves remain usable

KUALA LUMPUR: The country’s reserves as at end-August 2017 remain usable as indicated by the detailed breakdown of Malaysia's international reserves under the International...

Ringgit likely to trade lower against greenback

KUALA LUMPUR: The ringgit will likely trade lower against the US dollar next week in hovering between 4.20 and 4.23 following the US Federal...

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