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Money
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AmInvestment Bank upgrades Maxis to ‘buy’
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IHS Markit: Malaysia’s manufacturing PMI rose to 40.1 in July
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Bursa Malaysia ends morning session lower
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Foreign selling on Bursa widened to RM579.6m last week
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Bursa opens higher on bargain-hunting
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Sarawak govt teams up with Kenanga Investment, Revenue Group for digital banking licence
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Ringgit opens lower on lacklustre sentiment
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US House Democrats seek eviction moratorium extension through Oct 18
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After months of work, US senators unveil US$1t infrastructure bill
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Digital payment platform Square to buy Afterpay for US$29b
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Zoom to settle US privacy lawsuit for US$85m
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More News
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Blackstone and Hudson Pacific plan US$1b film studios in UK
LONDON, Aug 2 — US firms Blackstone and Hudson Pacific Properties said they planned to create a major film, TV and digital production complex in Broxbourne, north of London, in...
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Report: UK finance minister presses for travel rules easing
LONDON, Aug 1 — Britain’s Finance Minister Rishi Sunak has pressed for an easing of travel restrictions to offer respite to the tourism sector amid concerns that the country...
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Workers at world’s biggest copper mine in Chile agree to strike
SANTIAGO, Aug 1 — Workers at the world’s biggest copper mine, Chile’s Escondida, have approved a strike after rejecting the final contract offer proposed by multinational...
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Deputy minister: Malaysian youths make up over 80pc of rabbit breeders nationwide
TUMPAT, Aug 1 — More than 80 per cent of the nearly 10,000 rabbit breeders nationwide are pioneered by young people, said Deputy Minister of Agriculture and Food Industries II...
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Minister: Applications for SPIN 2.0, CBRM 2.0 financing schemes to open on Aug 15
PUTRAJAYA, Aug 1 — Micro-businesses affected by the Covid-19 pandemic can start applying for financing under the Informal Financing Scheme (SPIN) 2.0 and Covid Business Recovery...
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US Senate in rare Saturday session on US$1t infrastructure bill
NEW YORK, Aug 1 — The US Senate in a rare Saturday session worked on a bill that would spend US$1 trillion (RM4.2 trillion) on roads, rail lines and other infrastructure, as...
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Bumiputera Agenda Steering Unit holds syndication session to address Malaysia’s p-hailing issues
KUALA LUMPUR, July 31 — The Bumiputera Agenda Steering Unit (Teraju) held a two-day online syndication session with stakeholders to address issues in the parcel-hailing...
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Bangladeshis rush back to work as factories reopen despite Covid-19 surge
SHIMULIA, July 31 — Hundreds of thousands of Bangladeshi garment workers rushed back to major cities today, besieging train and bus stations, after the government said export...
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Agriculture Ministry introduces freshwater prawn farming to boost paddy farmers’ income
PASIR SALAK, July 31 — The Seberang Perak Integrated Agricultural Development Area (IADA) has become the first location for the implementation of the paddy and udang galah...
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Ringgit likely to trade at current levels next week
KUALA LUMPUR, July 31 — The ringgit is expected to trade at current levels next week on mixed market sentiments, likely influenced by local political developments and concerns...
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US oil giants to keep a lid on spending even as profits surge
NEW YORK, July 31 — US oil giants ExxonMobil and Chevron reported strong profits yesterday riding a wave of higher prices amid recovering demand, but pledged to keep a lid on...
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Bursa Malaysia likely to trade in cautious mode with upside bias
KUALA LUMPUR, July 31 — Bursa Malaysia is expected to trade in cautious mode with an upside bias, with the benchmark index hovering within a range of between 1,500 and 1,520...
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Official PMI: China’s factory activity expands at a slower pace in July
BEIJING, July 31 — China’s factory activity expanded at a slower pace in July due to higher raw material costs, equipment maintenance and extreme weather, adding to concerns...
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US stocks slip, dollar has worst week in almost two months
NEW YORK, July 31 — US stocks dropped yesterday to pull further from record highs as an underwhelming earnings report from Amazon.com Inc dampened the market mood, while the...
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Wall Street falls with Amazon; S&P 500 posts sixth straight month of gains
NEW YORK, July 31 — US stocks fell yesterday and registered losses for the week as Amazon.com shares dropped after the company forecast lower sales growth, but the S&P 500...
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Pound heads for best week in 2021 as Covid concerns ease
LONDON, July 30 — Sterling hovered close to one-month highs today and was on course for its strongest week since December ahead of a Bank of England meeting next week. A drop in...
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Axiata seeks 66pc stake in Indonesia’s Link Net
KUALA LUMPUR, July 30 — Malaysian telecoms group Axiata Group Bhd is exploring a deal to acquire an equity holding of almost two thirds of Indonesia’s PT Link Net Tbk shares,...
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Ringgit rebounds to end higher against US dollar
KUALA LUMPUR, July 30 — The ringgit rebounded from yesterday’s losses to end higher against the US dollar today, driven by renewed demand despite the slide in crude oil...
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Bursa Malaysia ends in the red, CI down 18.33 points
KUALA LUMPUR, July 30 — Bursa Malaysia ended the week in the red and at intraday low, on selling pressure across the board, tracking the regional peers amid negative sentiment...