News

Both the Dollar and Yen lose ground to most other currencies, especially the Dollar bloc currencies, which rebounded concurrently with a revival in risk appetite, with oil prices staging a partial rebound of last week’s sharp losses and equity markets rising. EUR-USD lifted to around 113.60, up from an 11-day low at 113.26, while USD-JPY […]

KUALA LUMPUR (Nov 26): Former prime minister’s wife Datin Seri Rosmah Mansor has filed an application to transfer her 17 cases of money laundering and…

SINGAPORE (Nov 26): The steep plunge in crude futures in the last few weeks was triggered by a nascent glut as supply-growth started to outpace demand,…

BEIJING (Nov 26): Top Chinese ministries have been told to improve the quality of the hundreds of so-called “specialty towns” that have sprung up in the…

DHAHRAN, Saudi Arabia (Nov 26): Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry…

KUALA LUMPUR (Nov 26): The United Nations (UN) Environment Programme Finance Initiative (UNEP FI) and 28 banks from around the world including CIMB Group Holdings…

PUTRAJAYA (Nov 26): Former auditor-general (A-G) Tan Sri Ambrin Buang was called to the Malaysian Anti-Corruption Commission (MACC) headquarters here today, presumably to assist in…

KUALA LUMPUR (Nov 26): The FBM KLCI closed 6.11 points or 0.36% higher today, mainly on Petronas Dagangan Bhd (PetDag), IHH Healthcare Bhd and Dialog…

KUALA LUMPUR (Nov 26): Media Prima Bhd’s subsidiary Sistem Televisyen Malaysia Bhd, which operates free-to-air television station TV3, has given 190 employees three months’ notice…

CHICAGO/OTTAWA (Nov 26): A car plant that General Motors Co. has operated for 65 years in Canada could be on the verge of shutting down,…

BEIJING/NEW DELHI (Nov 26): The ongoing trade war between China and the U.S. is pushing the Asian powerhouse to sweeten ties with neighboring India. China’s refiners…