Tag Archives: Stock Market

KUALA LUMPUR: Bursa Malaysia started the day on course for a positive session following the strong rebound on Wall Street overnight. Read full story

KUALA LUMPUR: Analysts have given the thumbs up to IHH Healthcare Bhd’s proposal to acquire the healthcare joint venture between Ramsay Health Care Ltd and Sime Darby Holdings Bhd as it expands on its network of private hospitals in Malaysia. Read full story

KUALA LUMPUR:  The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid improvement in the equity market, an analyst said. Read full story

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has signed Production sharing contracts (PSCs) for five offshore exploration blocks, enabling the state-owned oil and gas firm to attract a capital commitment of about RM600 million in exploration activities in Malaysia. Read full story

KUALA LUMPUR: Mergers and acquisition (M&A) activities in Malaysia rebounded in 2021 after a minor slump in the preceding year, with a total of 31 disclosed transactions worth US$1.63 billion recorded, said KPMG Malaysia. Read full story

KUALA LUMPUR: The FBM KLCI maintained a strong lead at midday as a investor sentiment in equities markets turned positive following a greater sense of certainty over US interest rate hikes and falling bond prices. Read full story

KUALA LUMPUR: The Kuala Lumpur International Airport (KLIA) and Langkawi International Airport (LIA) have been named among the world’s best airports in their respective categories for 2021 in a global Airport Service Quality (ASQ) survey by Airports Council International (ACI). Read full story

KUALA LUMPUR: Cagamas Bhd has announced the pricing of RM1.3 billion worth of bonds and sukuk, amid soft market conditions as most investors stayed on the sidelines ahead of the United States (US) Federal Open Market Committee (FOMC) meeting. Read full story

Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank must move “expeditiously” to raise rates and possibly “more aggressively” to keep an upward price spiral from getting entrenched. Read full story

BELFRY, Kentucky: In a ravine deep in the Appalachian mountains, Warren Rogers stands on the ruins of an abandoned coal-washing plant that used to prepare hundreds of tons of the fuel a day for transport through the tiny town of Belfry, Kentucky. Read full story

HOUSTON: Oil prices settled up more than 7% on Monday, with global benchmark Brent climbing above $115 a barrel, as European Union nations disagreed on whether to join the United States in a Russian oil embargo after an attack on Saudi oil facilities Read full story

KUALA LUMPUR: IOI Properties Bhd’s earning prospects continue to grow upon the expected completion of Central Boulevard in Singapore next year and the normalisation of its business segments to pre-pandemic levels, said RHB Research. Read full story