Business

Malaysia’s March trade surplus widens to RM7.82 billion

Thursday, 7 May 2015.

KUALA LUMPUR: Malaysia registered the 209th consecutive month of trade surplus in March 2015, in widening to RM7.82 billion from the RM4.52 billion recorded in February, the Ministry of International Trade and Industry (MITI) said.

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DIGI supports suggestion on prepaid airtime

Thursday, May 7, 2015 - 15:35

PETALING JAYA: DiGi.Com Bhd is supportive of the suggestion that consumers should receive RM10 worth of prepaid airtime when they purchase a similar reload value, its Chief Executive Officer Albern Murty said.

MBSB pre-tax profit down 41pc to RM157.65 million in Q1

Thursday, May 7, 2015 - 15:25

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB)’s pre-tax profit decreased 41 per cent to RM157.65 million in the first quarter ended March 31, 2015 from RM266.96 million chalked up in the same period last year.

KL shares lower at mid-day

Thursday, May 7, 2015 - 13:02

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained in negative territory at mid-day today, on a lack of buying momentum. At lunch break, the key index declined 3.97 points to 1,817, after moving between 1,807.12 and 1,818.79 throughout the morning session.

KLCI Futures lower at mid-day

Thursday, May 7, 2015 - 13:00

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FKLI) futures contracts on Bursa Malaysia Derivatives were lower at mid-day today.

Malaysia’s March trade surplus widens to RM7.82 billion

Thursday, May 7, 2015 - 12:14

KUALA LUMPUR: Malaysia registered the 209th consecutive month of trade surplus in March 2015, in widening to RM7.82 billion from the RM4.52 billion recorded in February, the Ministry of International Trade and Industry (MITI) said.

Indonesia’s palm oil export levy to have short-term negative impact

Thursday, May 7, 2015 - 12:12

KUALA LUMPUR: Indonesia’s palm oil export levy will have a short-term negative impact on Malaysian plantation companies, but expected to boost the crude palm oil (CPO) price and plantation profits in the longer term, said Affin Hwang Investment Bank Bhd today.

Valuecap eyes up to RM7.5 billion assets under management by year-end

Thursday, May 7, 2015 - 11:45

KUALA LUMPUR: Fund manager, Valuecap Sdn Bhd, aims to expand the group’s assets under management (AUM) to between RM7 billion and RM7.5 billion by year-end from the current RM5.2 billion.

FBM KLCI lower at mid-morning

Thursday, May 7, 2015 - 11:43

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained in the red at mid-morning today on selling activities in most heavyweights.

Oil prices hit new 2015 highs as US inventories drop

Thursday, May 7, 2015 - 10:56

NEW YORK: Oil prices scored new 2015 peaks Wednesday after weekly data showed US commercial crude stockpiles unexpectedly slumped in the first decline in four months.

US stocks drop on jobs data, Yellen’s warning on values

Thursday, May 7, 2015 - 10:54

NEW YORK: Wall Street stocks fell for a second straight session Wednesday following disappointing jobs data and a warning from Federal Reserve Chair Janet Yellen on high equity valuations.

Asian shares down as Wall St. tumbles on poor data

Thursday, May 7, 2015 - 10:52

TOKYO: Asian shares fell Thursday after Wall Street dropped on weaker-than-expected US economic data and a warning from Federal Reserve Chair Janet Yellen that stock valuations were “quite high.”

FTSE Bursa Malaysia update

Thursday, May 7, 2015 - 09:44

KUALA LUMPUR: At 9.30 a.m. today, there were 118 gainers, 200 losers and 207 counters traded unchanged on the Bursa Malaysia.

Asia remains bright spark: IMF

By RUPA DAMODARAN - Thursday, May 7, 2015 - 09:35

KUALA LUMPUR: Asia remains the bright spark in the global economy but the growth outlook will be lower for several natural resources exporters in the region like Malaysia and Mongolia says the International Monetary Fund.

Ringgit opens lower against US Dollar

Thursday, May 7, 2015 - 09:33

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today on mild profit taking, a dealer said.

Khazanah announces changes to management

Wednesday, May 6, 2015 - 20:13

KUALA LUMPUR: Khazanah Nasional Bhd has announced new appointments as part of its ongoing and periodic strengthening of its senior leadership team (SLT), led by managing director Tan Sri Azman Mokhtar.

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