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Money
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Ringgit to trade at current levels next week
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Bursa Malaysia to move in tight range next week
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Wall Street ends week positively; S&P 500, Dow hit record highs
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World stocks at new peaks on strong China, US data
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Tech retakes market lead as investors eye yields, earnings
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Wall Street continues record run in early trading
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US pulls back on charge Switzerland, Vietnam manipulate currency
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China’s Xi slams EU carbon tax plan in call with Macron, Merkel
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Study: Brexit sparks £1t UK assets switch to EU
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Vaccine giant tweets Biden to end US raw materials ‘embargo’
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Minister: Ministry aims to complete second phase of National Pepper Industry Development Centre project in Sarawak this July
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More News
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7-Eleven Malaysia proposes RM600m medium-term note programme
KUALA LUMPUR, April 16 — Convenience store chain operator 7-Eleven Malaysia Holdings Bhd has proposed to establish a medium-term note (MTN) programme of RM600 million in nominal...
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MAHB’s airports record 76.8pc passenger movement decline for Q1 2021 due to MCO
KUALA LUMPUR, April 16 — Malaysia Airports Holdings Bhd’s (MAHB) network of airports registered a decline of 76.8 per cent with 5.9 million passenger movements for first...
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Ringgit ends lower against US dollar
KUALA LUMPUR, April 16 — The ringgit ended the week lower by 20 basis points against the US dollar as sentiment was weighed by escalating Covid-19 cases in the country, an...
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FGV aims to improve operations through Palm Oil Mill Integrated System
KUALA LUMPUR, April 16 — FGV Holdings Bhd via its subsidiary and technology arm, FGV Prodata Systems Sdn Bhd, aims to modernise industrial practices through the implementation...
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Bursa Malaysia rebounds to end marginally higher on late buying
KUALA LUMPUR, April 16 — Bursa Malaysia closed marginally higher today, with its key index rebounding on last-minute buying in tandem with the recovery in the broader market,...
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Top Glove maintains 30pc global market share target this year
SHAH ALAM, April 16 — The world’s largest rubber glove producer Top Glove Corporation Bhd has maintained a 30 per cent global market share target this year despite the setback...
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Asian markets rise after record China growth, Wall Street surge
HONG KONG, April 16 — Asian markets rose today as record Chinese economic growth reaffirmed the country’s strong recovery, while traders tracked a Wall Street surge fuelled by...
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EU car sales bounce back past 1 million in March
PARIS, April 16 — The European car market bounced back to top one million monthly sales in March after a weak start to the year, an industry survey showed today. Sales of new...
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MAA: Vehicle sales up 33pc to 63,878 units in March
KUALA LUMPUR, April 16 — Vehicle sales in Malaysia rose 33 per cent to 63,878 units in March this year from 21,242 units during the same month last year, the Malaysian...
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Higher traffic and sales recovery for Sunway Malls
KUALA LUMPUR, April 16 — Sunway Malls has been enjoying higher traffic and sales recovery since the easing of restrictions from the Lunar New Year period onwards, with the...
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Malaysian banking sector to remain sound, robust despite Citigroup exit move
KUALA LUMPUR, April 16 — The Malaysian banking industry is expected to remain sound and robust despite Citigroup Inc’s intention to exit from its consumer franchises in 13...
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Bursa Malaysia lower at mid-afternoon
KUALA LUMPUR, April 16 — Bursa Malaysia resumed the afternoon session on a weak note, but the benchmark index remained above the 1,600 psychological level on buying support in...
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AmInvestment: Global oil demand won’t return to pre-pandemic levels till 2022
KUALA LUMPUR, April 16 — Global oil demand will not return to pre-pandemic levels until 2022 amid the ongoing Covid-19 pandemic, said AmInvestment Bank Bhd...
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China’s Q1 GDP grows at record 18.3pc as recovery speeds up
BEIJING, April 16 — China’s economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home...
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Kenanga Research positive on Media Prima’s outlook
KUALA LUMPUR, April 16 — Kenanga Research is positive on Media Prima Bhd’s outlook on the back of the media and entertainment group recent partnership with over-the-top (OTT)...
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Apple announces US$200m forestry fund to reduce carbon
SAN FRANCISCO, April 16 — Apple on Thursday announced a US$200 million (RM825.7 million) fund to invest in timber-producing commercial forestry projects, with the goal of...
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RHB Research maintains ‘buy’ call on Bursa with lower target price
KUALA LUMPUR, April 16 — RHB Research has maintained its “buy” call on Bursa Malaysia Bhd but revised lower its target price to RM10.30 from RM10.80 recently on...
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Australia finds Google misled customers over data collection, says regulator
SYDNEY, April 16 — Australia's federal court found Alphabet Inc's Google misled consumers about personal location data collected through Android mobile devices, the country's...
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Bursa opens mixed, CI remains above 1,600
KUALA LUMPUR, April 16 — Bursa Malaysia reversed yesterday’s mixed performance, with its key index falling in early trade today despite positive broader market as...