KLCI extends loss, dragged by plantation and telco heavyweights
KUALA LUMPUR (April 6): The FBM KLCI extended its losses for the second day running, in line with the lower close in some Asian markets…
KUALA LUMPUR (April 6): The FBM KLCI extended its losses for the second day running, in line with the lower close in some Asian markets…
KUALA LUMPUR (April 6): Malaysia reported 1,300 new Covid-19 cases today — higher than yesterday’s 1,070 — raising cumulative cases to 353,329 thus far. Meanwhile, five…
Proposed bonuses for executive board members have been scrapped and outgoing chairman Urs Rohner, who has presided over the bank since 2011, will forgo his…
GENEVA (April 6): The World Health Organization (WHO) does not back requiring vaccination passports for travel due to uncertainty over whether inoculation prevents transmission of…
EVENING 5: One-third of Malaysian firms look to up hiring Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
KUALA LUMPUR (April 6): The High Court has issued a bankruptcy notice against Datuk Seri Najib Razak following a request from the Inland Revenue Board…
KUALA LUMPUR (April 6): Based on corporate announcements and news flow today, companies in focus on Wednesday (April 7) may include Frontken Corp Bhd, Kelington…
The Dollar was under pressure through the N.Y. session on Monday, taking the DXY to 92.54, and eight-session low. Despite better outcomes for the non-manufacturing ISM, and a less sharp drop in factory orders, the USD remained heavy. A sharp rise in risk-taking levels following Friday’s blowout jobs report likely weighed on the Buck. Wall […]
KUALA LUMPUR (April 5): The Malaysian Anti-Corruption Commission (MACC) crippled a “project tender cartel” with the arrest of seven individuals including its mastermind in an operation…
KUALA LUMPUR (April 5): Malaysia has reported 1,070 new Covid-19 cases today — down from 1,349 yesterday — bringing the cumulative number of confirmed infections…
KAJANG (April 5): The country’s real estate sector recorded 295,968 transactions worth RM119.08 billion in 2020, a contraction of 9.9% in number and 15.8% in…
Yet unlike in the aftermath of the 2008 financial crisis, the recovery looks lopsided, in part because the rollout of vaccines and fiscal support differ…