Malaysia’s 1MDB fund spawns worldwide probes
KUALA LUMPUR/WASHINGTON (Oct 4): Malaysia’s state-owned investment fund, 1MDB, was supposed to attract foreign investment. Instead, it has spurred criminal and regulatory investigations around the world…
KUALA LUMPUR/WASHINGTON (Oct 4): Malaysia’s state-owned investment fund, 1MDB, was supposed to attract foreign investment. Instead, it has spurred criminal and regulatory investigations around the world…
KUALA LUMPUR (Oct 4): Fitch Ratings said it believes Malaysian banks with significant overseas operations like Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd…
KUALA LUMPUR (Oct 4): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia’s afternoon market close today. All four stocks showed negative momentum. The stocks with…
KUALA LUMPUR (Oct 4): The Prince of Wales and Duchess of Cornwall will make their first official visit to Malaysia on Nov 3 this year…
KUALA LUMPUR (Oct 4): Shares in Malaysia Airports Holdings Bhd (MAHB) fell as much as 4.23% or 36 sen today, after its largest shareholder, Khazanah…
KUALA LUMPUR (Oct 4): The federal government said it is in talks with Selangor to extend — for the third time — the deadline to…
KUALA LUMPUR (Oct 4): Leong Hup International, the Malaysian poultry producer backed by Affinity Equity Partners, is interviewing banks for a planned IPO that could…
Top foreign and local stories at 4pm
HONG KONG: Hong Kong stocks jumped on Tuesday, led by mainland banks after China’s central bank cut reserve ratios and as materials shares found support from economic data out of Beijing that showed stronger-than-expected factory activity.
PETALING JAYA: The outlook for the Asian oil refining and marketing (R&M) sector is stable, with earnings before interest, tax, depreciation and amortisation (Ebitda) of rated companies growing a modest 5% through 2018, according to Moody’s Investors Service.
KUALA LUMPUR: Blue chips snapped their 10 straight days of losses on Tuesday as fund buying was seen in Genting Malaysia and Petronas Gas but the broader market was mixed.
KUALA LUMPUR: Mudajaya Group Bhd has clinched a RM118.6mil contract to build the 16-storey Hevea Tower in Sungai Buloh, which is expected to be the Malaysian Rubber Board’s (MRB) corporate headquarters.