Govt spent RM3.21b spent on fuel subsidies from May-September
KUALA LUMPUR (Dec 11): The new Pakatan Harapan (PH) government has spent RM3.21 billion to finance fuel subsidies from May to September this year, says…
Tag Archives: Investment Course
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FBM KLCI again closes in the red, marks 6th losing day in a row
KUALA LUMPUR (Dec 11): The FBM KLCI ended its trading session today in the red again, marking its sixth consecutive day of decline, due largely…
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Petronas expects better outlook for drilling activities, marine vessels next year
KUALA LUMPUR (Dec 11): Petroliam Nasional Bhd (Petronas) expects a better outlook in 2019 for key segments in the upstream oil and gas (O&G) sector,…
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AirAsia, AAX slapped with RM36.1m lawsuit by MAHB
KUALA LUMPUR (Dec 11): Malaysia Airports Holdings Bhd (MAHB) is suing low-cost carrier AirAsia Group Bhd and its long-haul affiliate AirAsia X Bhd (AAX) for…
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XE Market Analysis: Europe – Dec 10, 2018
The Dollar and Sterling have come under general pressure, with EUR-USD showing an intraday gain of 0.5% in printing a three-week high at 1.1442, while EUR-GBP saw an every bigger gain in posting a 10-week high at 0.8978. The Pound underperformed the Dollar, too, which has driven a modest loss in Cable, to the lower […]
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XE Market Analysis: North America – Dec 10, 2018
The Dollar and Yen have, by varying degrees, traded generally softer against most other currencies, with the main exception being Sterling, which has come under pressure as markets fear fresh political uncertainty in the UK after what is expected to be a failed parliamentary vote tomorrow on the EU Withdrawal Agreement. The Pound was showing […]
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Global cleaning giant ISS to shed 100,000 jobs, exit markets
COPENHAGEN (Dec 10): ISS A/S of Denmark, which is the world’s largest cleaning company, is planning to get rid of about 100,000 jobs — representing…
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UK's November shopper numbers fall worst for a decade
LONDON (Dec 10): Shopper numbers in Britain saw their largest November drop for a decade, as Black Friday discounts drove more shopping online, retail researcher…
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Bursa suspends Prestariang's PDT, IDSS
KUALA LUMPUR (Dec 10): Bursa Malaysia has suspended the proprietary day trading (PDT) and intraday short selling (IDSS) of Prestariang Bhd for the rest of…
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Onset of recession may take longer than expected after yield curve inverts
(Dec 10): The onset of a U.S. recession could take longer than usually thought after key points of the Treasury yield curve invert, as a…
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Tabung Haji paid dividends using depositors' savings — report
KUALA LUMPUR (Dec 10): Lembaga Tabung Haji (TH) effectively paid dividends (hibah) using depositors’ savings, said Malaysiakini, quoting a financial position review for 2017 by…
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MACC arrests Najib over 1MDB audit probe, says source
PUTRAJAYA (Dec 10): The Malaysian Anti-Corruption Commission (MACC) today arrested Datuk Seri Najib Tun Razak after the former prime minister was called up once again…