Press Metal hits the acquisition trail
KUALA LUMPUR (June 19): Press Metal Aluminium Holdings Bhd is on the hunt for acquisitions to meet growing capacity needs. Its smelting operations are now…
Tag Archives: Investment Course
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PLUS Malaysia: Afternoon traffic along North-South Expressway slow
KUALA LUMPUR (June 19): Traffic flow on the North-South Expressway particularly southbound from the north is slow with congestion at certain stretches this afternoon. A PLUS…
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XE Market Analysis: Europe – Jun 18, 2018
The dollar majors have posted narrow ranges so far today, heading into the London interbank open. EUR-USD has consolidated in a narrow range, for instance, just above Friday’s three-week low at 1.1543, USD-JPY dipped to a low of 110.30, which is 60 pips below the high that was seen on Friday. The decline reflected moderate […]
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CIMB forecasts Malaysian banks 2018 net profit growth at 8.9%
KUALA LUMPUR (June 18): CIMB Investment Bank Bhd is forecasting net profit growth for Malaysian banks at 8.9% in 2018 versus the 10.4% growth projected…
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Pimco becomes cautious on Malaysia as tax reform to hurt revenue
KUALA LUMPUR (June 18): Pacific Investment Management Co. is cautious on Malaysian bonds, predicting the new government’s economic reforms will hurt state finances, while a…
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Foundpac, Gas Malaysia, JCBNext, Kelington, Pimpinan Ehsan
KUALA LUMPUR (June 18): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. One had positive momentum while four showed negative…
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Mahathir says had good exchange of ideas with Jack Ma
KUALA LUMPUR (June 18): Prime Minister Tun Dr Mahathir Mohamad said today he had a good exchange of ideas on various subjects with Alibaba Group…
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Alibaba opens new national office in Malaysia
KUALA LUMPUR (June 18): Alibaba Group Holding Ltd opened a new national office, to deepen strategic cooperation with Malaysia, which is the first Electronic World…
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Ringgit falls to 5-mth low, breaches 4 mark amid external headwinds
KUALA LUMPUR (June 18): The ringgit slid to a five-month low from Jan 11 to 4.0015 against the US dollar amid pressure from external headwinds…
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Palm slips 1% on weaker demand, crude oil
KUALA LUMPUR (June 18): Malaysian palm oil futures saw their sharpest decline in a week at the midday break on Monday, on the back of…
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Wan Azizah: Malaysia, Japan keen to expand collaboration in various areas
PUTRAJAYA (June 18): Malaysia and Japan are keen to expand collaboration in various areas including disaster management and social protection policies, Deputy Prime Minister Datuk…
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Digital wallet means buying a car is only a few taps away
(June 18): Cash has become an endangered species in China, where everything from a luxury purchase to a kindly donation may be transacted via mobile…